7.1 C
New York
Wednesday, March 22, 2023

The Street Is Finally Waking Up To United Natural Foods Inc. (NYSE: UNFI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for United Natural Foods Inc. (UNFI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.33, or 1.12%, to $29.80. The United Natural Foods Inc. has recorded 24,282 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed United Natural Foods, Inc. Reports Second Quarter Fiscal 2023 Results.


From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

Stocks Info

United Natural Foods Inc. is listed on the NYSE as a member of the Consumer Defensive sector and is a part of the Food Distribution industry. At the end of the last regular session, the stock closed at $29.47 and fluctuated between $30.75 as its day high and $26.70 as its day low. The current market capitalization of United Natural Foods Inc. is $1.75B. A total of 6.57 million shares were traded on the day, compared to an average of 444.15K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, UNFI has seen 0 BUY and 6 SELL insider trades, representing the acquisition of 0 and the disposition of 52,063 shares. Over the last 12 months, there were 33 BUYs and 30 SELLs from insiders. Insiders purchased 428,877 shares during that period but sold 250,223.

In the most recent transaction, Howard John W sold 7,000 shares of UNFI for 42.62 per share on Feb 06. After the transaction, the CFO now owns 117,648 company shares. In a previous transaction on Jan 23, TESTA CHRISTOPHER P. sold 27,931 shares at 40.54 per share. UNFI shares that President owns now total 124,848.

Among the insiders who sold shares, Benedict Danielle disposed of 7,500 shares on Jan 23 at a per-share price of $40.06. This resulted in the Chief Human Resources Officer holding 70,255 shares of UNFI after the transaction. In another insider transaction, Esper Richard Eric sold 5,250 shares at $38.00 per share on Dec 19. Company shares held by the Chief Accounting Officer now total 30,303.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for UNFI in the last 3 months, the mean price target is $44.00 with high estimates of $56.00 and low estimates of $28.00. In terms of 52-week highs and lows, UNFI has a high of $49.56 and a low of $32.90.

As of this writing, UNFI has an earnings estimate of $1.46 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of $1.67 per share and a lower estimate of $1.3.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 14 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for UNFI is Hold with a score of 3.70. A total of 4 analysts rated the stock as Buy while 1 rated it as Overweight while 9 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles