With 0.63 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.7 million shares. The 52-week range on UNFI shows that it touched its highest point at $34.76 and its lowest point at $8.58 during that stretch. It currently has a 1-year price target of $29.22. Beta for the stock currently stands at 0.56.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UNFI was down-trending over the past week, with a drop of -7.71%, but this was up by 13.82% over a month. Three-month performance surged to 43.68% while six-month performance rose 134.70%. The stock gained 96.86% in the past year, while it has gained 14.90% so far this year. A look at the trailing 12-month EPS for UNFI yields -1.58 with Next year EPS estimates of 1.36. For the next quarter, that number is 0.18. This implies an EPS growth rate of 430.74% for this year and 82.74% for next year. EPS is expected to grow by 141.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.41%.
Float and Shares Shorts:
At present, 59.90 million UNFI shares are outstanding with a float of 58.35 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UNFI since 6 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.14578 being high and -$0.03836417 being low. For UNFI, this leads to a yearly average estimate of $0.046037. Based on analyst estimates, the high estimate for the next quarter is $0.41 and the low estimate is $0.17. The average estimate for the next quarter is thus $0.24.
