News coverage about United Natural Foods (NASDAQ:UNFI) has been trending somewhat positive on Sunday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. United Natural Foods earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the company an impact score of 44.7599182767907 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- United Natural Up 27% in 6 Months: Further Upside in Store? (finance.yahoo.com)
- United Natural Foods, Inc., (NASDAQ: UNFI) – Guide to Day Traders – Stock Watch (stocksnewstimes.com)
- Today’s Hot Stock Under Review – United Natural Foods, Inc. (NASDAQ: UNFI) – Alpha Beta Stock (alphabetastock.com)
- Do What Institutional Investors Does: United Natural Foods, Inc. (UNFI), Crown Castle International Corp. (REIT) (CCI) – Market Movers (financialqz.com)
- Isodiol International Inc. Provides Update on Be Tru Organics, Announces New Distribution Agreement (markets.businessinsider.com)
Shares of United Natural Foods (UNFI) opened at $47.42 on Friday. United Natural Foods has a 52-week low of $29.53 and a 52-week high of $52.69. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.25 and a quick ratio of 0.82. The stock has a market cap of $2,355.74, a price-to-earnings ratio of 18.38, a P/E/G ratio of 2.74 and a beta of 1.46.
United Natural Foods announced that its board has initiated a stock repurchase plan on Friday, October 6th that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.
Several analysts have recently commented on UNFI shares. TheStreet raised shares of United Natural Foods from a “c” rating to a “b-” rating in a research report on Thursday, October 5th. Argus raised shares of United Natural Foods from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research report on Monday, September 25th. Zacks Investment Research raised shares of United Natural Foods from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Tuesday, October 10th. BidaskClub raised shares of United Natural Foods from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. Finally, Loop Capital set a $56.00 price objective on shares of United Natural Foods and gave the stock a “buy” rating in a research report on Friday, December 8th. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $44.00.
In other United Natural Foods news, CEO Steven Spinner sold 49,026 shares of United Natural Foods stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $49.49, for a total transaction of $2,426,296.74. Following the transaction, the chief executive officer now directly owns 102,637 shares of the company’s stock, valued at approximately $5,079,505.13. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider John Michael Hummel sold 1,773 shares of United Natural Foods stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $49.42, for a total transaction of $87,621.66. The disclosure for this sale can be found here. In the last three months, insiders sold 103,191 shares of company stock valued at $5,140,875. 1.40% of the stock is currently owned by insiders.
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About United Natural Foods
United Natural Foods, Inc is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada.
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