After finishing at $14.87 in the prior trading day, United Natural Foods Inc. (NYSE: UNFI) closed at $12.13, down -18.43%. In other words, the price has decreased by -$2.74 from its previous closing price. On the day, 2711911 shares were traded.
Ratios:
Our goal is to gain a better understanding of UNFI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.39. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 2.11 whereas as Long-Term Debt/Eq ratio is at 2.00.
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 Oct 11 ’23 when Bates Ann Torre sold 16,061 shares for $14.94 per share. The transaction valued at 239,951 led to the insider holds 0 shares of the business.
Howard John W bought 5,490 shares of UNFI for $75,103 on Oct 05 ’23. The CFO now owns 141,790 shares after completing the transaction at $13.68 per share. On Oct 04 ’23, another insider, DOUGLAS J ALEXANDER JR, who serves as the Chief Executive Officer of the company, bought 11,265 shares for $13.32 each. As a result, the insider paid 150,050 and bolstered with 162,201 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 720.62M and an Enterprise Value of 4.28B. 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 0.42. Its current Enterprise Value per Revenue stands at 0.14 whereas that against EBITDA is 13.00.
Stock Price History:
Over the past 52 weeks, UNFI has reached a high of $42.41, while it has fallen to a 52-week low of $12.88. The 50-Day Moving Average of the stock is 15.66, while the 200-Day Moving Average is calculated to be 17.91.
Shares Statistics:
The stock has traded on average 866.78K shares per day over the past 3-months and 535.67k 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 57.78M. Insiders hold about 2.75% of the company’s shares, while institutions hold 88.58% stake in the company. Shares short for UNFI as of Feb 15, 2024 were 2.91M with a Short Ratio of 3.36, compared to 2.67M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.90% and a Short% of Float of 7.05%.
Earnings Estimates
Its stock is currently analyzed by 9 different market analysts. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0.12 and a low estimate of -$0.07, while EPS last year was $0.78. The consensus estimate for the next quarter is $0.09, with high estimates of $0.34 and low estimates of -$0.08.
Analysts are recommending an EPS of between $0.35 and -$0.28 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.69, with 10 analysts recommending between $2.2 and -$0.27.
Revenue Estimates
A total of 10 analysts have provided revenue estimates for UNFI’s current fiscal year. The highest revenue estimate was $31.21B, while the lowest revenue estimate was $30.86B, resulting in an average revenue estimate of $31.01B. In the same quarter a year ago, actual revenue was $30.27B, up 2.40% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $31.21B in the next fiscal year. The high estimate is $32.52B and the low estimate is $30.58B. The average revenue growth estimate for next year is up 0.70% from the average revenue estimate for this year.
