United Natural beats 4Q profit forecasts

News>Retail & Financial    UNFI No worries on Whole Foods       
    

  Supply expertise ‘hard to replicate,’ store visits up CEO says             Jon Springer | Sep 14 2017

The firm has "Hold" rating given on Tuesday, August 29 by RBC Capital Markets. BMO Capital Markets maintained the stock with "Hold" rating in Monday, August 28 report.

Several analysts have recently commented on the stock. They set an "equal weight" rating and a $50.00 price target for the company. Finally, Zacks Investment Research upgraded shares of United Natural Foods from a sell rating to a hold rating in a research report on Thursday, June 8th.

Among 24 analysts covering United Natural Foods (NASDAQ:UNFI), 7 have Buy rating, 4 Sell and 13 Hold.

In a report released on Thursday September 14, 2017 Loop Capital increased the stock price target of United Natural Foods (NDAQ:UNFI) from $44.00 to $50.00 indicating a possible upside of 0.23%. Six investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. The stock now has a consensus rating of "Hold" and a consensus target price of $42.56. (NASDAQ:STLD) traded up 1.74% in the last session while performance was up 33.84% in the last five days. The stock rose 9.08% or $3.38 reaching $40.59 per share. United Natural Foods had 68 analyst reports since July 21, 2015 according to SRatingsIntel. The company has a 50 day moving average price of $36.08 and a 200 day moving average price of $39.21.

United Natural Foods, Inc.'s P/E ratio is 16.31 and market cap is 2.06B. (NASDAQ:UNFI) shares can stay above the price resistance around $37.53 a share, that could help propel United Natural Foods, Inc. As of the last earnings report the EPS was $2.49 and is expected to be $2.55 for the current year with 50,615,000 shares now outstanding. United Natural Foods had a return on equity of 8.21% and a net margin of 1.38%. Analysts expect next quarter's EPS will be $0.61 and the next full year EPS is anticipated to be $2.83. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. HAIN share have rallied by 5.3% in percentage terms since the start of the year - and retreated -5.54% in the last month. On average, analysts predict that United Natural Foods will post $2.68 EPS for the current fiscal year.

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Hedge funds have recently made changes to their positions in the business. The total value of its holdings increased 20.9%. The Us Bancorp De holds 36,503 shares with $1.74M value, up from 26,986 last quarter. Neuburgh Advisers LLC now owns 3,536 shares of the company's stock worth $153,000 after acquiring an additional 306 shares in the last quarter. Sei Investments Co. grew its position in United Natural Foods by 47.2% during the 2nd quarter.

United Natural Foods, (NASDAQ UNFI) transacted up 1.75% on early Wednesday, topping $37.21. the share had a trading volume of 1,571,600 Stocks. the company has 50 Day SMA of $36.04 along with a 200 - day SMA of $39.23.

Vident Investment Advisory, LLC expanded its ownership by buying 928 shares an increase of 1.8% from 03/31/2017 to 06/30/2017. LS Investment Advisors LLC now owns 4,171 shares of the company's stock worth $153,000 after purchasing an additional 711 shares during the last quarter.

Minerva Advisors Llc holds 2.51% of its portfolio in Transcat, Inc. for 413,754 shares. United Natural Foods had a ROE of 8.21% and a net profit margin of 1.38%. the company reported sales of $2.34 B for the period, compared to analysts' anticipations of $2.36 B. For the same quarter previous year, company earned $0.70 EPS. The Company's divisions include Wholesale and Other.

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