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

United Natural Foods (NYSE:UNFI) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.700-0.900 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. CL King upgraded United Natural Foods from a “neutral” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Wednesday, March 12th. Wall Street Zen upgraded United Natural Foods from a “hold” rating to a “buy” rating in a research note on Tuesday, April 15th. Finally, The Goldman Sachs Group raised their price objective on United Natural Foods from $25.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $27.50.

United Natural Foods Stock Down 9.9%

Shares of UNFI opened at $23.37 on Wednesday. The firm has a market cap of $1.41 billion, a P/E ratio of -14.89 and a beta of 0.90. The stock has a 50 day simple moving average of $27.05 and a two-hundred day simple moving average of $27.78. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.48 and a quick ratio of 0.53. 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 released its quarterly earnings data on Tuesday, June 10th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.22. The firm had revenue of $8.06 billion during the quarter, compared to analyst estimates of $7.78 billion. United Natural Foods had a positive return on equity of 1.27% and a negative net margin of 0.30%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.10 earnings per share. On average, analysts forecast that United Natural Foods will post 0.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On United Natural Foods

A number of institutional investors have recently added to or reduced their stakes in UNFI. Millennium Management LLC raised its holdings in United Natural Foods by 58.1% in the first quarter. Millennium Management LLC now owns 332,973 shares of the company’s stock worth $9,120,000 after purchasing an additional 122,412 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in United Natural Foods by 10.4% in the first quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company’s stock worth $17,132,000 after purchasing an additional 58,705 shares in the last quarter. AQR Capital Management LLC raised its holdings in United Natural Foods by 52.5% in the first quarter. AQR Capital Management LLC now owns 111,854 shares of the company’s stock worth $3,064,000 after purchasing an additional 38,504 shares in the last quarter. Brighton Jones LLC bought a new position in United Natural Foods in the fourth quarter worth $656,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in United Natural Foods by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company’s stock worth $962,000 after purchasing an additional 1,703 shares in the last quarter. Institutional investors own 87.63% of the company’s stock.

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.