Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $9.10 in the prior trading day, United Natural Foods Inc. (NYSE: UNFI) closed at $8.90, down -2.20%. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 0.79 million shares were traded. UNFI stock price reached its highest trading level at $9.04 during the session, while it also had its lowest trading level at $8.81.
Ratios:
Our goal is to gain a better understanding of UNFI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 2.17 whereas as Long-Term Debt/Eq ratio is at 2.06.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 528987488 and an Enterprise Value of 4174874624. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at 0.138 whereas that against EBITDA is 11.045.
Stock Price History:
Over the past 52 weeks, UNFI has reached a high of $28.37, while it has fallen to a 52-week low of $9.09. The 50-Day Moving Average of the stock is -29.63%, while the 200-Day Moving Average is calculated to be -43.99%.
Shares Statistics:
The stock has traded on average 722.94K shares per day over the past 3-months and 787640 shares per day over the last 10 days, according to various share statistics. A total of 58.50M shares are outstanding, with a floating share count of 57.81M. Insiders hold about 2.74% of the company’s shares, while institutions hold 88.76% stake in the company. Shares short for UNFI as of 1711584000 were 2989555 with a Short Ratio of 4.14, compared to 1709164800 on 2773659. Therefore, it implies a Short% of Shares Outstanding of 2989555 and a Short% of Float of 7.239999599999999.
Earnings Estimates
At present, 10.0 analysts are actively evaluating the performance of United Natural Foods Inc. (UNFI) in the stock market.On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.32 and a low estimate of -$0.06, while EPS last year was $0.54. The consensus estimate for the next quarter is -$0.12, with high estimates of $0.0 and low estimates of -$0.3.
Analysts are recommending an EPS of between $0.2 and -$0.25 for the fiscal current year, implying an average EPS of -$0.05. EPS for the following year is $0.59, with 10.0 analysts recommending between $2.31 and -$0.25.
Revenue Estimates
For the next quarter, 10 analysts are estimating revenue of $7.93B. There is a high estimate of $8.05B for the next quarter, whereas the lowest estimate is $7.71B.
A total of 11 analysts have provided revenue estimates for UNFI’s current fiscal year. The highest revenue estimate was $30.9B, while the lowest revenue estimate was $30.66B, resulting in an average revenue estimate of $30.78B. In the same quarter a year ago, actual revenue was $30.27BBased on 11 analysts’ estimates, the company’s revenue will be $30.98B in the next fiscal year. The high estimate is $32.27B and the low estimate is $30.45B.
