News stories about United Natural Foods (NASDAQ:UNFI) have been trending somewhat positive this week, AlphaOne Sentiment reports. The research group, a service of Accern, ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. United Natural Foods earned a media sentiment score of 0.25 on AlphaOne’s scale. AlphaOne also assigned news headlines about the company an impact score of 91 out of 100, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted AlphaOne’s rankings:
- RSI Alert: United Natural Foods (UNFI) Now Oversold – Nasdaq.com – Nasdaq (nasdaq.com)
- Earnings Highlights and Review: SpartanNash’s Q1 Bottom-line Topped Estimates (finance.yahoo.com)
- United Natural Foods, Inc. (UNFI) Lifted to Hold at BidaskClub (americanbankingnews.com)
- United Natural Foods : Technical Snapshots for These Food Wholesale Stocks — Sysco, Hain Celestial, US Foods, and United Natural Foods (4-traders.com)
- Is United Natural Foods, Inc. (NasdaqGS:UNFI) Undervalued? MF Rank in Focus – JCTY News (jctynews.com)
United Natural Foods (NASDAQ:UNFI) traded down 10.97% on Friday, reaching $35.39. The company had a trading volume of 10,235,463 shares. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 14.21 and a beta of 1.40. The company’s 50 day moving average price is $40.58 and its 200-day moving average price is $43.94. United Natural Foods has a 12 month low of $29.53 and a 12 month high of $52.18.
United Natural Foods (NASDAQ:UNFI) last released its earnings results on Tuesday, June 6th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.01. The company had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.42 billion. United Natural Foods had a return on equity of 8.21% and a net margin of 1.38%. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.76 earnings per share. On average, equities analysts predict that United Natural Foods will post $2.55 earnings per share for the current fiscal year.
A number of research analysts have recently commented on the company. BidaskClub raised United Natural Foods from a “sell” rating to a “hold” rating in a report on Tuesday. Citigroup Inc. reissued a “buy” rating and set a $46.00 price target (down from $49.00) on shares of United Natural Foods in a report on Sunday, June 11th. BMO Capital Markets lowered their price target on United Natural Foods from $45.00 to $42.00 and set a “market perform” rating on the stock in a report on Friday, June 9th. Barclays PLC reissued a “sell” rating and set a $37.00 price target on shares of United Natural Foods in a report on Thursday, June 8th. Finally, Zacks Investment Research raised United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 8th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $42.69.
United Natural Foods Company Profile
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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