United Natural Foods (NYSE:UNFI) Issues FY 2025 Earnings Guidance

United Natural Foods (NYSE:UNFI) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.700-0.900 for the period, compared to the consensus EPS estimate of 0.820. The company issued revenue guidance of $31.3 billion-$31.7 billion, compared to the consensus revenue estimate of $31.6 billion.

United Natural Foods Price Performance

UNFI opened at $22.10 on Thursday. The stock has a 50-day moving average price of $27.00 and a 200-day moving average price of $27.74. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.48 and a quick ratio of 0.53. The firm has a market cap of $1.34 billion, a PE ratio of -14.08 and a beta of 0.90. United Natural Foods has a 1 year low of $11.88 and a 1 year high of $34.76.

United Natural Foods (NYSE:UNFI) last posted its quarterly earnings results on Tuesday, June 10th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.22. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The firm had revenue of $8.06 billion during the quarter, compared to analyst estimates of $7.78 billion. During the same quarter in the previous year, the firm earned $0.10 EPS. United Natural Foods’s quarterly revenue was up 7.5% compared to the same quarter last year. Sell-side analysts predict that United Natural Foods will post 0.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on UNFI. CL King upgraded United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 price objective for the company in a report on Wednesday, March 12th. The Goldman Sachs Group lifted their price objective on United Natural Foods from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, February 13th. UBS Group reduced their price objective on United Natural Foods from $30.00 to $26.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Wall Street Zen upgraded United Natural Foods from a “hold” rating to a “buy” rating in a report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $28.33.

Institutional Investors Weigh In On United Natural Foods

A number of large investors have recently made changes to their positions in UNFI. Millennium Management LLC grew its stake in shares of United Natural Foods by 58.1% during the 1st quarter. Millennium Management LLC now owns 332,973 shares of the company’s stock valued at $9,120,000 after purchasing an additional 122,412 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of United Natural Foods by 10.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company’s stock valued at $17,132,000 after purchasing an additional 58,705 shares during the period. AQR Capital Management LLC grew its stake in shares of United Natural Foods by 52.5% during the 1st quarter. AQR Capital Management LLC now owns 111,854 shares of the company’s stock valued at $3,064,000 after purchasing an additional 38,504 shares during the period. Brighton Jones LLC bought a new stake in shares of United Natural Foods during the 4th quarter valued at about $656,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of United Natural Foods by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company’s stock valued at $962,000 after purchasing an additional 1,703 shares during the period. 87.63% of the stock is currently owned by institutional investors.

United Natural Foods Company Profile

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.