United Natural Foods Inc (NYSE: UNFI) is 5.64% higher on its value in year-to-date trading and has touched a low of $8.58 and a high of $32.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UNFI stock was last observed hovering at around $28.65 in the last trading session, with the day’s gains setting it 0.2%.
Currently trading at $28.85, the stock is 4.49% and 17.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.46 million and changing 0.70% at the moment leaves the stock 75.59% off its SMA200. UNFI registered 86.37% gain for a year compared to 6-month gain of 141.83%. The firm has a 50-day simple moving average (SMA 50) of $24.5456 and a 200-day simple moving average (SMA200) of $16.42995.
The stock witnessed a 19.86% loss in the last 1 month and extending the period to 3 months gives it a 45.34%, and is 5.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.47% over the week and 4.80% over the month.
United Natural Foods Inc (UNFI) has around 28333 employees, a market worth around $1.73B and $31.30B in sales. Fwd P/E is 21.51. Profit margin for the company is -0.30%. Distance from 52-week low is 236.25% and -10.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.78%).
The EPS is expected to grow by 452.03% this year
330.0 institutions hold shares in United Natural Foods Inc (UNFI), with institutional investors hold 91.74% of the company’s shares. The shares outstanding are 59.90M, and float is at 58.40M with Short Float at 6.77%. Institutions hold 90.20% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 9.59 million shares valued at $125.59 million. The investor’s holdings represent 16.1394 of the UNFI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 8.15 million shares valued at $106.82 million to account for 13.7278 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.07 million shares representing 5.1631 and valued at over $40.18 million, while INVESCO LTD. holds 5.0456 of the shares totaling 3.0 million with a market value of $39.26 million.
United Natural Foods Inc (UNFI) Insider Activity
The most recent transaction is an insider sale by Benedict Danielle, the company’s Chief Human Resources Officer. SEC filings show that Benedict Danielle sold 9,050 shares of the company’s common stock on Oct 17 ’24 at a price of $22.10 per share for a total of $0.2 million. Following the sale, the insider now owns 88218.0 shares.
Still, SEC filings show that on Oct 04 ’24, Benedict Danielle (Chief Human Resources Officer) disposed off 15,152 shares at an average price of $19.78 for $0.3 million. The insider now directly holds 100,423 shares of United Natural Foods Inc (UNFI).
