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The closing price of United Natural Foods Inc. (NYSE: UNFI) was $16.82 for the day, up 0.54% from the previous closing price of $16.73. In other words, the price has increased by $0.54 from its previous closing price. On the day, 1.01 million shares were traded. UNFI stock price reached its highest trading level at $17.1597 during the session, while it also had its lowest trading level at $16.51.
Ratios:
Our analysis of UNFI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 2.16 whereas as Long-Term Debt/Eq ratio is at 2.04.
On March 13, 2023, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $48 to $32.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 01 ’24 when Esper Richard Eric sold 4,375 shares for $11.35 per share. The transaction valued at 49,656 led to the insider holds 32,865 shares of the business.
Howard John W bought 6,275 shares of UNFI for $75,237 on Mar 11 ’24. The CFO now owns 179,823 shares after completing the transaction at $11.99 per share. On Oct 11 ’23, another insider, Bates Ann Torre, who serves as the Director of the company, sold 16,061 shares for $14.94 each. As a result, the insider received 239,951 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UNFI now has a Market Capitalization of 1000287040 and an Enterprise Value of 4576286720. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 0.151 whereas that against EBITDA is 12.607.
Stock Price History:
Over the past 52 weeks, UNFI has reached a high of $17.33, while it has fallen to a 52-week low of $8.58. The 50-Day Moving Average of the stock is 14.75%, while the 200-Day Moving Average is calculated to be 24.50%.
Shares Statistics:
UNFI traded an average of 533.66K shares per day over the past three months and 715820 shares per day over the past ten days. A total of 58.50M shares are outstanding, with a floating share count of 57.77M. Insiders hold about 2.86% of the company’s shares, while institutions hold 90.92% stake in the company. Shares short for UNFI as of 1726185600 were 3815362 with a Short Ratio of 7.15, compared to 1723680000 on 3965841. Therefore, it implies a Short% of Shares Outstanding of 3815362 and a Short% of Float of 9.229999999999999.
