United Natural Foods (NYSE:UNFI) Shares Down 5.9% – Time to Sell?

United Natural Foods, Inc. (NYSE:UNFI) shares traded down 5.9% during mid-day trading on Monday . The stock traded as low as $53.16 and last traded at $52.2340. 541,055 shares traded hands during trading, a decline of 23% from the average session volume of 705,268 shares. The stock had previously closed at $55.52.

Trending Headlines about United Natural Foods

Here are the key news stories impacting United Natural Foods this week:

• Neutral Sentiment: UNFI’s Q3 revenue came in below expectations at $7.72 billion, and the company narrowed its full-year guidance, which added uncertainty for investors. UNFI Q3 Earnings Miss Estimates, Sales Guidance Range Narrowed
• Positive Sentiment: Management highlighted margin improvement, earnings growth, and execution benefits from optimization efforts, which helped offset some of the disappointment from weaker sales. UNFI Q3 Earnings Call Puts Focus on 2027 Growth Path
• Positive Sentiment: The company reiterated a $695 million adjusted EBITDA midpoint and said it expects a return to sales growth in fiscal 2027, suggesting longer-term recovery potential. UNFI expects return to growth in fiscal 2027 while reiterating $695M adjusted EBITDA midpoint
• Negative Sentiment: The stock fell sharply after the company missed sales estimates and signaled pressure from lower demand, higher energy costs, and SNAP benefit changes affecting consumers. United Natural Foods Warns Higher Energy Prices, SNAP Cuts Are Impacting Consumers

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upped their target price on United Natural Foods from $40.00 to $46.00 and gave the stock a “hold” rating in a report on Thursday, March 12th. The Goldman Sachs Group reiterated a “neutral” rating and set a $47.00 target price on shares of United Natural Foods in a report on Wednesday. Wells Fargo & Company upgraded United Natural Foods from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $40.00 to $56.00 in a report on Thursday, March 26th. Roth Mkm reiterated a “neutral” rating and set a $43.00 target price on shares of United Natural Foods in a report on Wednesday. Finally, Wall Street Zen lowered United Natural Foods from a “buy” rating to a “hold” rating in a report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, United Natural Foods presently has a consensus rating of “Hold” and a consensus target price of $46.38.

United Natural Foods Stock Up 9.3%

The firm has a 50-day moving average price of $49.14 and a 200 day moving average price of $41.13. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.33 and a quick ratio of 0.52. The company has a market cap of $3.08 billion, a price-to-earnings ratio of -38.97 and a beta of 0.81.

United Natural Foods (NYSE:UNFI) last posted its earnings results on Tuesday, June 9th. The company reported $0.77 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.01). United Natural Foods had a negative net margin of 0.25% and a positive return on equity of 6.05%. The firm had revenue of $7.72 billion during the quarter, compared to analyst estimates of $7.79 billion. During the same period in the previous year, the company posted $0.44 EPS. United Natural Foods’s revenue for the quarter was down 4.2% compared to the same quarter last year. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. Sell-side analysts predict that United Natural Foods, Inc. will post 2.52 EPS for the current year.

Insider Activity at United Natural Foods

In other news, insider Danielle Benedict sold 4,807 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider owned 98,470 shares of the company’s stock, valued at approximately $5,120,440. This represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.40% of the company’s stock.

Hedge Funds Weigh In On United Natural Foods

Several institutional investors and hedge funds have recently made changes to their positions in the company. Revisor Wealth Management LLC grew its position in United Natural Foods by 4.7% during the first quarter. Revisor Wealth Management LLC now owns 6,188 shares of the company’s stock worth $279,000 after buying an additional 278 shares in the last quarter. PNC Financial Services Group Inc. grew its position in United Natural Foods by 4.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,485 shares of the company’s stock worth $252,000 after buying an additional 285 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in United Natural Foods by 2.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 13,894 shares of the company’s stock worth $468,000 after buying an additional 289 shares in the last quarter. Optimize Financial Inc grew its position in United Natural Foods by 1.5% during the fourth quarter. Optimize Financial Inc now owns 20,963 shares of the company’s stock worth $706,000 after buying an additional 300 shares in the last quarter. Finally, Arax Advisory Partners grew its position in United Natural Foods by 37.4% during the fourth quarter. Arax Advisory Partners now owns 1,102 shares of the company’s stock worth $37,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 87.63% of the company’s stock.

About United Natural Foods

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.