United Natural Foods Inc. UNFI, -0.99% reported third-quarter net income of $88.1 million, or $1.60 per share, up from $57.1 million, or $1.12 per share, last year. On the other hand, though, all these new sales aren't translating into profits for United Natural, which booked a $384 million loss in its fiscal first quarter of 2020. Janney […] ... (NYSE: UNFI), Walmart ... Nikola is currently under investigation … According to our latest data, UNFI has moved about 126.26% on a year-to-date basis. So take a peek at this free list of growing companies with insider buying. UNFI is under investigation for violation of federal labor laws in Fort Wayne. Post-Market 0.00 (0.00%) Critics say executives are throwing money away on personal power struggles even as company stock value has dropped over 90% since 2015. The average price target is $21.17 with a high forecast of $26.00 and a low forecast of $17.00.The average price target represents a 33.40% increase from the last price of $15.87. 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Within the past quarter, the Zacks Consensus Estimate for UNFI's full-year earnings has moved 94.73% higher. Whole Foods/Amazon is now its largest customer, with 21 percent of UNFI's total revenues in 2019. UNFI is the largest wholesale distributor to natural and organic retailers in the nation. According to a report from our friends at TheFly.com, Wells believes that United Natural's ill-considered acquisition of grocery chain SUPERVALU was anything but a super value. Investors should also recognize that UNFI has a P/B ratio of 0.80. That makes United Natural Foods a smart investment choice. This morning, Wells cut its rating on the foods distributor from "equal weight" to "underweight" (i.e., sell). This is a sign of improving analyst sentiment and a positive earnings outlook trend. A high-level overview of United Development Funding IV (UDFI) stock. The FactSet consensus is for $25.20 billion and EPS of $2.19. United Natural Foods, Inc. UNFI 15.85 0.02 (0.13%). On the contrary, it's becoming more and more apparent that "United Natural materially overpaid, and the transaction overall added significant risk" to SUPERVALU's new owner -- and significant debt besides. On the other hand, there were a total of 11 hedge funds with a bullish position in UNFI … Continuing investor enthusiasm for hydrogen and fuel cell stocks may provide more gains and profits for PLUG stock. Since the acquisition, UNFI stock has lost more than 80 percent of its value. For comparison, its industry sports an average P/E of 17.88. The company previously withdrew its fiscal 2020 guidance, but has issued fresh guidance and now expects sales of $26.4 billion to $26.6 billion, up from previous guidance of $23.5 billion to $24.3 billion. Insiders at United Natural Foods Have Bought Stock Recently Disclaimer United Natural Foods, Inc. (NYSE: UNFI) (the "Company" or "UNFI") announced today that on December 11, 2020, it granted a restricted stock unit ("RSU") award to R. Eric Esper, its Chief Accounting Officer and Controller, covering a total of 43,324 shares of common stock of UNFI. NYSE:UNFI Recent Insider Trading, February 21st 2019. The stock is trading with P/E ratio of 9.76 right now. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. TACOMA WA- As UNFI (NYSE: UNFI) stock value plummets, company executives are taking heat for what some view as wasteful spending practices. Market data powered by FactSet and Web Financial Group. More than 700 Teamsters Local 120 members at the Hopkins facility and 150 Teamsters Local 662 members in Green Bay exercised their right to honor the picket line extension, bringing the total workers affected by the ongoing labor dispute to more than 1,000. Celsius Holdings is a small-cap consumer goods company that focuses on thermogenic calorie-burning beverages. UNFI, Celsius Holdings. Wells Fargo doesn't seem interested in waiting around for better news, however (or optimistic the news will be better). Even price changes that were submitted 30 or 60 days ago could raise questions, he said. If anything, UNFI is in the lower end of its range in the time period from a P/S metric, suggesting some level of undervalued trading—at least compared to … Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. United Natural Foods, Inc. (UNFI) announced today that on December 11, 2020, it granted a restricted stock unit award to R. Eric Esper, its Chief Accounting Officer and Controller, covering a total of 43,324 shares of common stock of UNFI. See: 6 Best Long-Term Investment Options +0.35% Janney Montgomery Scott LLC trimmed its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI) by 0.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). For comparison, its industry sports an average P/E of 18.09. So what is it that has Wells Fargo so upset with United Natural Foods today? The S&P 500 index UNFI shares are down about 65% since the deal closed in late October 2018. Do Hedge Funds Think UNFI Is A Good Stock To Buy Now? This is a sign of improving analyst sentiment and a positive earnings outlook trend. Copyright © 2020 MarketWatch, Inc. All rights reserved. is down 0.7% for 2020 so far. The firm owned 210,523 shares of the company’s stock after selling 951 shares during the quarter. Tonya joined MarketWatch from Moguldom Media, where she was business editor for MadameNoire, a website targeting African-American women with a range of content from personal finance to economics, politics, education and lifestyle and entertainment. She is based in New York. Returns as of 12/25/2020. Keebeck Alpha LP purchased a new position in United Natural Foods, Inc. (NYSE:UNFI) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The analyst's new price target -- $6 a share -- implies more than 33% downside to a stock that closed trading north of $9 a share yesterday. UNFI is currently sporting a Zacks Rank of #1 (Strong Buy). 1. At the end of September, a total of 21 of the hedge funds tracked by Insider Monkey were long this stock, a change of 0% from one quarter earlier. More than half of the deal’s value was in the form of long-term Supervalu debt that UNFI assumed and refinanced. UNFI is currently sporting a Zacks Rank of #1 (Strong Buy). Natural and organic (and conventional, too) foods distributor United Natural Foods (NASDAQ:UNFI) is looking a bit beyond its sell-by date in Friday trading, having dropped more … Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The food wholesaler rang up sales totaling $6.67 billion, up from $5.96 billion and ahead of the $6.58 billion FactSet consensus. Do the numbers hold clues to what lies ahead for the stock? What sectors to watch in 2021, ‘Real Housewives of New Jersey’ star Melissa Gorga finally sold her ‘Scarface’ inspired mansion for $2.5 million. Net debt to be significantly reduced over the next few years. United Natural (UNFI) delivered earnings and revenue surprises of -30.14% and -2.00%, respectively, for the quarter ended October 2020. Over the last 12 months, UNFI's Forward P/E has been as high as 16.96 and as low as 4.36, with a median of 6.92. Stock quote and company snapshot for UNITED NATURAL FOODS INC (UNFI), including profile, stock chart, recent news and events, analyst opinions, and research reports. Based on 8 analysts offering 12 month price targets for United Natural Foods in the last 3 months. SPX, United Natural Foods is down about 60% from its all time high and 10-12% since Amazon announced it was buying Whole Foods. United Natural Foods, Inc. (UNFI) announced today that on December 11, 2020, it granted a restricted stock unit award to R. Eric Esper, its Chief Accounting Officer and Controller, covering a total of 43,324 shares of common stock of UNFI.The RSU was awarded pursuant to Mr. Esper's previously announced appointment, with the number of shares determined based on the market price on the date … Based on today's fall in share price, it doesn't seem other investors are very interested in waiting, either. Upon building up an investment case for a stock, we should look at various aspects. Guidance now includes Cub Foods and certain Shoppers Food Warehouse stores. Company Name: United Natural Foods Inc., Stock Symbol: UNFI, Industry: Food - Beverages, Total Posts: 42, Last Post: 5/13/2020 7:30:08 PM In fact, earnings crashed year over year. As of 10 a.m. EST, the stock remains down 9.8%. In the past 52 weeks, shares of UNFI have traded as low as $14.15 and as high as $68.05; At $14.88, shares of UNFI are trading below its 50-day moving average (MA) at $24.41 and below its 200-day moving average (MA) at $36.78; The present support and resistance levels for the stock are at $12.43 & $18.93 respectively. United Natural Foods is not the only stock insiders are buying. Adjusted EPS of $1.40 blew past the $1.20 FactSet consensus. The stock is trading with P/E ratio of 14.40 right now. On the one hand, yes, Wells admits that United Natural stock looks cheap at a projected 6.3 times forward earnings, and the addition of SUPERVALU's revenue stream has certainly goosed sales growth (up 110% year over year last quarter). reported third-quarter net income of $88.1 million, or $1.60 per share, up from $57.1 million, or $1.12 per share, last year. Find the latest Insider Activity data for United Natural Foods, Inc. Common Stock (UNFI) at Nasdaq.com. State Investigation Finds UNFI Given $14 Million Without Due Process New Yorkers Against Industrial Development Tax Abuse Demands UNFI Tax Breaks Be Rescinded News provided by Shares of United Natural Foods, Inc. UNFI lost 26.2% in the last two trading sessions, as it reported dismal fourth-quarter fiscal 2019 results on Oct 1.During the quarter, earnings and sales lagged the Zacks Consensus Estimate. Tonya Garcia is a MarketWatch reporter covering retail and consumer-oriented companies. Over the past 90 days, the Zacks Consensus Estimate for UNFI's full-year earnings has moved 101.61% higher. Loss per share is expected to be $5.65 to $5.85 compared with previous guidance for a loss per share of $6.79 to $7.39. A distributor of organic and natural foods, UNFI supplies stores, such as Whole Foods and Sprouts. About: United Natural Foods, Inc. (UNFI) The acquisition of Supervalu provided management with more possibilities to optimize the economics and fundamentals of the business. But Loop Capital says UNFI will remain a supplier to WFM until 2025, that it will be years until WFM will be in any position to replace UNFI and that Amazon is more likely to buy UNFI rather than build their own supplier network. She also worked at Mediabistro, and previously handled media relations for MSLGroup’s consumer practice. United Natural Foods said it benefited from COVID-19-related demand, which was partially offset by customer bankruptcies during the quarter. Over the past 52 weeks, UNFI's Forward P/E has been as high as 16.96 and as low as 4.57, with a median of 7.70. Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. And adjusted EPS is expected to be $2.30 to $2.50, up from 85 cents to $1.45. Natural and organic (and conventional, too) foods distributor United Natural Foods (NASDAQ:UNFI) is looking a bit beyond its sell-by date in Friday trading, having dropped more than 10% initially in response to a downgrade from analysts at investment bank Wells Fargo. Another notable valuation metric for UNFI is its P/B ratio of 0.91. United Natural Foods reported that loss just a little over a month ago, which means investors will need to wait probably two more months before United Natural will have a chance to report anything more encouraging. Why? United Natural Foods, Inc. (NYSE:UNFI) is a company with exceptional fundamental characteristics. After its acquisition of SUPERVALU last year, it became the second-largest grocery wholesaler in the country. There's no mystery here. You can follow her on Twitter @tgarcianyc. Management expects to announce an extension of the partnership with Whole Foods Market early 2021. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why United Natural Foods Stock Tumbled 10% Today @themotleyfool #stocks $UNFI, United Natural Foods (UNFI) Q1 2021 Earnings Call Transcript, What United Natural Foods' Latest Earnings Report Tells Us About Its Future, United Natural Foods (UNFI) Q4 2020 Earnings Call Transcript, Why United Natural Foods Is Down More Than 12% Today, Copyright, Trademark and Patent Information. The RSU will vest in three equal annual installments, beginning on the first anniversary of the date of grant. Stock Advisor launched in February of 2002. Based on the latest available data, UNFI has gained about 74.66% so far this year. A number of other institutional investors and […] United Natural Foods stock fell 2% in Wednesday premarket trading, but has gained more than 156% for the year to date. ... You should conduct research and perform a thorough investigation as to the characteristics of any securities you intend to purchase. 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