United Natural Foods (NYSE:UNFI) Updates FY 2026 Earnings Guidance
by Jessica Moore · The Cerbat GemUnited Natural Foods (NYSE:UNFI – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.500-2.300 for the period, compared to the consensus earnings per share estimate of 1.960. The company issued revenue guidance of $31.6 billion-$32.0 billion, compared to the consensus revenue estimate of $32.2 billion.
United Natural Foods Price Performance
Shares of NYSE:UNFI opened at $36.01 on Wednesday. United Natural Foods has a 52 week low of $20.78 and a 52 week high of $43.29. The company has a 50-day moving average price of $38.17 and a 200 day moving average price of $30.67. The company has a market cap of $2.19 billion, a P/E ratio of -18.47 and a beta of 0.88. The company has a quick ratio of 0.51, a current ratio of 1.32 and a debt-to-equity ratio of 1.20.
United Natural Foods (NYSE:UNFI – Get Free Report) last released its earnings results on Tuesday, December 2nd. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.17. The company had revenue of $7.84 billion for the quarter, compared to analysts’ expectations of $7.91 billion. United Natural Foods had a positive return on equity of 2.74% and a negative net margin of 0.37%.The firm’s quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 EPS. United Natural Foods has set its FY 2026 guidance at 1.500-2.300 EPS. Research analysts predict that United Natural Foods will post 0.76 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several research firms have issued reports on UNFI. Zacks Research upgraded United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 15th. Jefferies Financial Group upped their price target on shares of United Natural Foods from $27.00 to $40.00 and gave the stock a “hold” rating in a research note on Wednesday, October 1st. UBS Group raised their price objective on shares of United Natural Foods from $29.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, October 1st. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a research report on Tuesday, October 14th. Finally, BMO Capital Markets increased their target price on shares of United Natural Foods from $36.00 to $48.00 and gave the company an “outperform” rating in a report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $36.00.
Check Out Our Latest Stock Analysis on United Natural Foods
Insider Transactions at United Natural Foods
In other United Natural Foods news, insider Danielle Benedict sold 11,655 shares of United Natural Foods stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $35.31, for a total transaction of $411,538.05. Following the completion of the transaction, the insider owned 89,544 shares in the company, valued at approximately $3,161,798.64. The trade was a 11.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.40% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of UNFI. Arrowstreet Capital Limited Partnership raised its position in shares of United Natural Foods by 40.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,300,414 shares of the company’s stock worth $48,922,000 after purchasing an additional 374,487 shares during the last quarter. Goldman Sachs Group Inc. increased its position in United Natural Foods by 10.4% during the first quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company’s stock worth $17,132,000 after buying an additional 58,705 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of United Natural Foods by 19.6% in the second quarter. BNP Paribas Financial Markets now owns 510,381 shares of the company’s stock worth $11,897,000 after acquiring an additional 83,815 shares during the last quarter. Valueworks LLC lifted its position in shares of United Natural Foods by 5.0% in the third quarter. Valueworks LLC now owns 388,613 shares of the company’s stock valued at $14,620,000 after acquiring an additional 18,655 shares in the last quarter. Finally, Millennium Management LLC boosted its stake in shares of United Natural Foods by 58.1% during the first quarter. Millennium Management LLC now owns 332,973 shares of the company’s stock valued at $9,120,000 after acquiring an additional 122,412 shares during the last quarter. 87.63% of the stock is owned by hedge funds and other institutional investors.
About United Natural Foods
United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.
Featured Stories
- Five stocks we like better than United Natural Foods
- 3 Stocks to Consider Buying in October
- Wall Street’s Sleeping Giant: Is Amazon About to Wake Up?
- Investing in the High PE Growth Stocks
- Checkmate in the Cloud: ServiceNow’s Shopping Spree
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- The Contrarian Case for MSTR Amid MSCI Delisting Debacle