Media coverage about Unifi (NYSE:UFI) has been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Unifi earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 45.346274893878 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of equities analysts have commented on UFI shares. Zacks Investment Research cut shares of Unifi from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 28th. ValuEngine cut shares of Unifi from a “buy” rating to a “hold” rating in a research note on Wednesday, June 14th. Finally, BidaskClub cut shares of Unifi from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th.
Unifi (NYSE UFI) opened at 30.17 on Friday. The stock has a market capitalization of $549.82 million, a PE ratio of 16.95 and a beta of 0.79. The firm has a 50 day moving average of $30.81 and a 200-day moving average of $28.66. Unifi has a 52 week low of $25.11 and a 52 week high of $34.70.
Unifi (NYSE:UFI) last released its earnings results on Wednesday, July 26th. The textile maker reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.03. Unifi had a net margin of 5.08% and a return on equity of 9.91%. The business had revenue of $171.30 million during the quarter, compared to analyst estimates of $165.18 million. During the same quarter in the prior year, the firm earned $0.57 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, equities analysts predict that Unifi will post $1.86 EPS for the current year.
In other Unifi news, Director Robert J. Bishop bought 2,998 shares of the company’s stock in a transaction dated Wednesday, August 9th. The stock was acquired at an average price of $30.99 per share, with a total value of $92,908.02. Following the completion of the acquisition, the director now directly owns 9,198 shares of the company’s stock, valued at $285,046.02. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert J. Bishop bought 12,002 shares of the company’s stock in a transaction dated Friday, August 11th. The shares were acquired at an average cost of $30.69 per share, with a total value of $368,341.38. Following the acquisition, the director now directly owns 6,200 shares of the company’s stock, valued at $190,278. The disclosure for this purchase can be found here. Insiders have bought 17,500 shares of company stock valued at $540,517 in the last ninety days. Insiders own 16.40% of the company’s stock.
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Unifi Company Profile
Unifi, Inc is a manufacturing company. The Company processes and sells commodity yarns, specialized yarns and premier value-added (PVA) yarns. The Company operates through three segments: Polyester segment, Nylon segment and International segment. The Company’s polyester products include polyester polymer beads (Chip), partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns.
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