2023 United Natural Foods, Inc.’s Q2 earnings forecast released by Seaport Res Ptn (NYSE: UNFI)

United Natural Foods, Inc. (NYSE: UNFIGet a rating) – In a notice to investors distributed on Wednesday, June 8, Seaport Res Ptn Earnings per share for the second quarter for United Natural Foods. Seaport Res Ptn analyst E. Larson now expects the company to earn $ 1.45 a share in the quarter, up from a previous estimate of $ 1.21. Seaport Res Ptn shares are rated “neutral”. Seaport Res Ptn has also announced that United Natural Foods revenue will reach $ 5.35 EPS. Combined natural foods (NYSE: UNFIGet a rating) last published its quarterly earnings on Tuesday, June 7th. The company reported $ 1.10 EPS for the quarter, which was $ 0.13 above analysts ’consensus forecasts of $ 0.97. Business revenue for the quarter was 7.24 billion. $ 7.09 billion, according to analysts. United Natural Foods had a net margin of 0.83% and a return on equity of 18.64%. United Natural Foods’ quarterly revenue increased 9.2% year-over-year. During the same quarter last year, the company earned $ 0.94 EPS.

Some other research analysts have also recently evaluated the UNFI. In a research report released on Thursday, March 17, Wells Fargo & Company upgraded shares of United Natural Foods from “underweight” to “equally weighted” and raised the share price target from $ 35.00 to $ 38.00. MKM Partners raised its United Natural Foods share price target from $ 66.00 to $ 69.00 and gave the shares a “buy” rating in a study report on Wednesday. CL King began talking about United Natural Foods shares in an investigation report on Monday, March 21st. They rated the shares as “buy”. In a research report on Thursday, March 10, Deutsche Bank Aktiengesellschaft lowered its target price for its shares in United Natural Foods from $ 52.00 to $ 46.00 and gave the shares a “hold” rating. Finally, BMO Capital Markets lowered United Natural Foods’ price target from $ 50.00 to $ 45.00 and gave the company a “market performance” rating in an investigation report released on Thursday, March 10th. Six stock research analysts rated stocks with a holding rating and four rated the company’s stock with a purchase rating. According to MarketBeat.com, the stock currently has an average rating of Hold and an average target price of $ 50.25.

UNFI stocks opened on Friday for $ 41.15. The company’s current ratio is 1.49, the fast ratio is 0.55, and the debt-to-equity ratio is 1.52. The company’s 50-day moving average is $ 42.65 and its 200-day moving average is $ 43.38. The stock market value is $ 2.40 billion. USD, the price-to-earnings ratio is 11.00 and the beta is 1.03. United Natural Foods has a 1-year low of $ 30.61 and a high of $ 57.89.

Hedge funds and other institutional investors have recently increased or decreased their shares. Whittier Trust Co. acquired a new stake in United Natural Foods in the fourth quarter, valued at approximately $ 34,000. Exchange Traded Concepts LLC acquired a new stake in United Natural Foods for $ 38,000 in the fourth quarter. Macquarie Group Ltd. increased its stake in United Natural Foods by 280.3 percent during the third quarter. Macquarie Group Ltd. now owns 905 shares of the company, valued at $ 44,000, with an additional 667 shares acquired during the period. Meeder Asset Management Inc. acquired a new stake in United Natural Foods worth $ 48,000 in the first quarter. Finally, Lazard Asset Management LLC acquired a new stake in United Natural Foods worth $ 61,000 in the fourth quarter. Institutional investors hold 81.28% of the company’s stock.

Related News CAO Richard Eric Esper sold 1,984 shares of United Natural Foods in a transaction on Wednesday, March 23rd. The shares were sold for an average price of $ 42.59 and a total value of $ 84,498.56. The sale was disclosed in a document submitted to the Securities and Exchange Commission, which is available through this hyperlink. 1.20% of the shares belong to the owners of the company.

United Natural Foods company profile (Get a rating)

United Natural Foods, Inc., through its subsidiaries, distributes natural, organic, specialty, and conventional groceries and non-food products in the United States and Canada. It operates in two segments – wholesale and retail. The company offers groceries and general merchandise, products, perishable and frozen foods, food supplements and sports nutrition, bulk and catering products, and personal care products.

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United Natural Foods Revenue History and Estimates (NYSE: UNFI)

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