United Natural Foods Inc. (UNFI) stock expected to gain 86.64% in the coming months

At the time of writing, United Natural Foods Inc. [UNFI] stock is trading at $19.76, up 3.46%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The UNFI shares have gain 18.11% over the last week, with a monthly amount glided 25.06%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

United Natural Foods Inc. [NYSE: UNFI] stock has seen the most recent analyst activity on January 04, 2024, when Wells Fargo downgraded its rating to a Underweight but kept the price target unchanged to $15 for it. Previously, UBS downgraded its rating to Neutral on March 13, 2023, and dropped its price target to $32. On March 10, 2023, downgrade downgraded it’s rating to Neutral. CL King downgraded its rating to a Neutral. ROTH MKM downgraded its rating to a Neutral and reduced its price target to $34 on March 08, 2023. In a note dated March 17, 2022, Wells Fargo upgraded an Equal Weight rating on this stock and boosted its target price from $35 to $38.

For the past year, the stock price of United Natural Foods Inc. fluctuated between $8.58 and $23.15. Currently, Wall Street analysts expect the stock to reach $36.88 within the next 12 months. United Natural Foods Inc. [NYSE: UNFI] shares were valued at $19.76 at the most recent close of the market. An investor can expect a potential return of 86.64% based on the average UNFI price forecast.

Analyzing the UNFI fundamentals

According to United Natural Foods Inc. [NYSE:UNFI], the company’s sales were 30.98B for trailing twelve months, which represents an 9.95% jump. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.07 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.26 points at the first support level, and at 18.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.22, and for the 2nd resistance point, it is at 20.69.

Ratios To Look Out For

It is important to note that United Natural Foods Inc. [NYSE:UNFI] has a current ratio of 1.44. In addition, the Quick Ratio stands at 0.52 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 0.04, the price to book ratio is 0.72.

Transactions by insiders

Recent insider trading involved Benedict Danielle, Officer, that happened on Oct 04 ’24 when 15152.0 shares were purchased. Chief Accounting Officer, Esper Richard Eric completed a deal on Apr 01 ’24 to sell 4375.0 shares. Meanwhile, CFO Howard John W bought 6275.0 shares on Mar 11 ’24.

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