United Natural Foods Inc. (NYSE:UNFI) shares traded lower over the last trading session, losing -5.08% on 06/03/21. The shares fell to a low of $38.81 before closing at $39.46. Intraday shares traded counted 1.34 million, which was -6.31% lower than its 30-day average trading volume of 1.26M. UNFI’s previous close was $41.57 while the outstanding shares total 56.14M. The firm stock’s Relative Strength Index (RSI) is 59.70, with weekly volatility at 6.38% and ATR at 2.17. The UNFI stock’s 52-week price range has touched low of $14.23 and a $42.40 high.
Investors have identified the Food Distribution company United Natural Foods Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.20 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
United Natural Foods Inc. (UNFI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For UNFI, the company has in raw cash 40.5 million on their books with 24.84 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 3.65 billion total, with 2.29 billion as their total liabilities.
UNFI were able to record 115.48 million as free cash flow during the 09/22/2021 quarter of the year, this saw their quarterly net cash flow reduce by -6.47 million. In cash movements, the company had a total of 207.0 million as operating cash flow.
Potential earnings growth for United Natural Foods Inc. (UNFI)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 09/22/2021 quarter of the year, United Natural Foods Inc. recorded a total of 6.89 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 6.63% coming in sequential stages and their sales for the 09/22/2021 quarter increasing by 3.13%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 5.9 billion trying to sell their products during the last quarter, with the result yielding a gross income of 990.36 million. This allows shareholders to hold on to 56.14M with the recently reported earning now reading 1.00 cents per share. This is a figure that compared to analyst’s prediction for their 09/22/2021 (1.25 cents a share).
Having a look at the company’s valuation, the company is expected to record 3.69 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on UNFI sounds very interesting.
Is the stock of UNFI attractive?
In related news, COO, Dorne Eric A. sold 10,757 shares of the company’s stock in a transaction that recorded on May 17. The sale was performed at an average price of 38.00, for a total value of 408,766. As the sale deal closes, the CEO & Chairman, SPINNER STEVEN now sold 109,643 shares of the company’s stock, valued at 4,235,720. Also, CEO & Chairman, SPINNER STEVEN sold 25,000 shares of the company’s stock in a deal that was recorded on May 07. The shares were price at an average price of 37.00 per share, with a total market value of 925,000. Following this completion of acquisition, the CEO & Chairman, SPINNER STEVEN now holds 50,000 shares of the company’s stock, valued at 1,775,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.
2 out of 12 analysts covering the stock have rated it a Buy, while 9 have maintained a Hold recommendation on United Natural Foods Inc.. 1 analysts has assigned a Sell rating on the UNFI stock. The 12-month mean consensus price target for the company’s shares has been set at $34.25.