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. 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. Celsius Holdings is a small-cap consumer goods company that focuses on thermogenic calorie-burning beverages. More than half of the deal’s value was in the form of long-term Supervalu debt that UNFI assumed and refinanced. Find the latest Insider Activity data for United Natural Foods, Inc. Common Stock (UNFI) at Nasdaq.com. That makes United Natural Foods a smart investment choice. 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. 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. Whole Foods/Amazon is now its largest customer, with 21 percent of UNFI's total revenues in 2019. Why? She is based in New York. Returns as of 12/25/2020. Management expects to announce an extension of the partnership with Whole Foods Market early 2021. 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. The food wholesaler rang up sales totaling $6.67 billion, up from $5.96 billion and ahead of the $6.58 billion FactSet consensus. 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. 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 … 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. 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). Based on today's fall in share price, it doesn't seem other investors are very interested in waiting, either. The stock is trading with P/E ratio of 9.76 right now. A high-level overview of United Development Funding IV (UDFI) stock. This is a sign of improving analyst sentiment and a positive earnings outlook trend. A number of other institutional investors and […] Another notable valuation metric for UNFI is its P/B ratio of 0.91. United Natural Foods Inc. Investors should also recognize that UNFI has a P/B ratio of 0.80. And adjusted EPS is expected to be $2.30 to $2.50, up from 85 cents to $1.45. Stock quote and company snapshot for UNITED NATURAL FOODS INC (UNFI), including profile, stock chart, recent news and events, analyst opinions, and research reports. See: 6 Best Long-Term Investment Options The RSU will vest in three equal annual installments, beginning on the first anniversary of the date of grant. Do the numbers hold clues to what lies ahead for the stock? 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. Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. 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. 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). is down 0.7% for 2020 so far. But one state will start an investigation if your price increases as little as 0.1%. 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 … Alibaba stock suffers record fall after antitrust probe in China, Square interested in buying music-streaming service Tidal from Jay-Z: report, ‘If a delivery fee is 30%, do the basic math!’—Struggling restaurants are being choked, These electric trucks are coming soon—here’s prices, how far they’ll go and how much they’ll tow, Chris Sacca mocks ‘Robinhood bros’ who spurn his investment advice: ‘Stonks never go down!’, The latest estimate of when Social Security will run out of money, Value or growth stocks? TACOMA WA- As UNFI (NYSE: UNFI) stock value plummets, company executives are taking heat for what some view as wasteful spending practices. 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. 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). 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. Disclaimer NYSE:UNFI Recent Insider Trading, February 21st 2019. 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. 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. So take a peek at this free list of growing companies with insider buying. After its acquisition of SUPERVALU last year, it became the second-largest grocery wholesaler in the country. As of 10 a.m. EST, the stock remains down 9.8%. There's no mystery here. Critics say executives are throwing money away on personal power struggles even as company stock value has dropped over 90% since 2015. UNFI, Adjusted EPS of $1.40 blew past the $1.20 FactSet consensus. 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. -0.49% Market data powered by FactSet and Web Financial Group. The institutional investor purchased 10,816 shares of the company’s stock, valued at approximately $161,000. Insiders at United Natural Foods Have Bought Stock Recently Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. SPX, This is a sign of improving analyst sentiment and a positive earnings outlook trend. This morning, Wells cut its rating on the foods distributor from "equal weight" to "underweight" (i.e., sell). In trading on Tuesday -- the day after the release of its fiscal fourth-quarter 2020 earnings report -- United Natural Foods (NYSE: UNFI) stock lost more than 14% of its value. United Natural Foods is not the only stock insiders are buying. Over the past 90 days, the Zacks Consensus Estimate for UNFI's full-year earnings has moved 101.61% higher. The stock is trading with P/E ratio of 14.40 right now. UNFI is currently sporting a Zacks Rank of #1 (Strong Buy). 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. The FactSet consensus is for $25.20 billion and EPS of $2.19. Even price changes that were submitted 30 or 60 days ago could raise questions, he said. ... (NYSE: UNFI), Walmart ... Nikola is currently under investigation … 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. Do Hedge Funds Think UNFI Is A Good Stock To Buy Now? About: United Natural Foods, Inc. (UNFI) The acquisition of Supervalu provided management with more possibilities to optimize the economics and fundamentals of the business. Net debt to be significantly reduced over the next few years. 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. 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. For comparison, its industry sports an average P/E of 17.88. The firm owned 210,523 shares of the company’s stock after selling 951 shares during the quarter. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Tonya Garcia is a MarketWatch reporter covering retail and consumer-oriented companies. UNFI shares are down about 65% since the deal closed in late October 2018. United Natural Foods, Inc. UNFI 15.85 0.02 (0.13%). United Natural Foods stock fell 2% in Wednesday premarket trading, but has gained more than 156% for the year to date. Post-Market 0.00 (0.00%) United Natural (UNFI) delivered earnings and revenue surprises of -30.14% and -2.00%, respectively, for the quarter ended October 2020. Based on 8 analysts offering 12 month price targets for United Natural Foods in the last 3 months. +0.35% Celsius Holdings. 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 … Green all around, UNFI's stock rose to $45.79 at the beginning of February 2017, and the volume shot up to 738,406 from 435,850 the month before. 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 For comparison, its industry sports an average P/E of 18.09. Janney […] 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. United Natural Foods said it benefited from COVID-19-related demand, which was partially offset by customer bankruptcies during the quarter. What sectors to watch in 2021, ‘Real Housewives of New Jersey’ star Melissa Gorga finally sold her ‘Scarface’ inspired mansion for $2.5 million. The S&P 500 index You can follow her on Twitter @tgarcianyc. Wells Fargo doesn't seem interested in waiting around for better news, however (or optimistic the news will be better). 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. Copyright © 2020 MarketWatch, Inc. All rights reserved. ... You should conduct research and perform a thorough investigation as to the characteristics of any securities you intend to purchase. UNFI is under investigation for violation of federal labor laws in Fort Wayne. Since the acquisition, UNFI stock has lost more than 80 percent of its value. Continuing investor enthusiasm for hydrogen and fuel cell stocks may provide more gains and profits for PLUG stock. 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. UNFI is the largest wholesale distributor to natural and organic retailers in the nation. A distributor of organic and natural foods, UNFI supplies stores, such as Whole Foods and Sprouts. Within the past quarter, the Zacks Consensus Estimate for UNFI's full-year earnings has moved 94.73% higher. In fact, earnings crashed year over year. UNFI is currently sporting a Zacks Rank of #1 (Strong Buy). Upon building up an investment case for a stock, we should look at various aspects. According to our latest data, UNFI has moved about 126.26% on a year-to-date basis. Stock Advisor launched in February of 2002. 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. Guidance now includes Cub Foods and certain Shoppers Food Warehouse stores. On the other hand, there were a total of 11 hedge funds with a bullish position in UNFI … Based on the latest available data, UNFI has gained about 74.66% so far this year. She also worked at Mediabistro, and previously handled media relations for MSLGroup’s consumer practice. Company Name: United Natural Foods Inc., Stock Symbol: UNFI, Industry: Food - Beverages, Total Posts: 42, Last Post: 5/13/2020 7:30:08 PM 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. So what is it that has Wells Fargo so upset with United Natural Foods today? United Natural Foods, Inc. (NYSE:UNFI) is a company with exceptional fundamental characteristics. Shares of Alibaba Group Holding Ltd. tumbled Thursday to the lowest close in nearly six months, after Chinese regulators launched an antitrust investigation into the e-commerce giant. United Natural Foods is down about 60% from its all time high and 10-12% since Amazon announced it was buying Whole Foods. , up from 85 cents to $ 1.45 valued at approximately $ 161,000 blew. Little as 0.1 % 0.1 % Supervalu debt that UNFI assumed and refinanced look at various.. 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