UNFI stock: buy or sell?

UNFI stock price: $8.20 2.76% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

0

United Natural Foods ended today at $8.20 and soared a pretty good 2.76%. On Aug/14 UNFI plummed a scary -12.94%. On Monday UNFI skyrocketed an extraordinary 5.44%.

United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the United States and Canada.

Should I buy UNFI stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with United Natural Foods stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is United Natural Foods stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 8 ratings published for UNFI stock in the last month.

The general sentiment of these ratings is bearish for UNFI stock, with 4 negative ratings.
Is UNFI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-2BMO Capital MarketsMarket PerformUnderperform
2019-6-6Pivotal ResearchSellSell
2019-6-6Loop Capitaln/aBuy
2019-6-6Buckingham Researchn/aNeutral
2019-3-7Pivotal ResearchHoldSell
2019-3-6Loop Capitaln/aBuy
2019-3-12BarclaysEqual WeightUnderweight
2019-1-17Royal Bank of Canadan/aSector Perform

UNFI stock analysis

Daily outlook

United Natural Foods closed today at $8.20 and soared a pretty good 2.76%.

United Natural Foods ended today at $8.20 and soared a pretty good 2.76%.

UNFI stock chart (daily)

Weekly outlook

After sliding a chilling -13.79% in a week last week, United Natural Foods closed this week at $8.20 and skyrocketed an astounding 9.77%.

Since price and 20-weeks moving average lines crossed down late April, UNFI fell $-4.74 per share (-36.63%).

UNFI stock chart (weekly)

UNFI stock price history

UNFI IPO was on November 1st, 1996 at $6.75 per share1. Since then, UNFI stock surged a 21.50%, with an average of 1.00% per year. If you had invested right after UNFI's IPO a $1,000 in UNFI stock in 1996, it would worth $215.00 today.

1: Adjusted price after possible price splits or reverse-splits.

UNFI stock historical price chart

UNFI stock reached 52-week highs on August at $35.63, and all-time highs 2015-03-02 with a price of 83.91.

UNFI stock price target is $14.40

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We found 7 price targets for UNFI stock published in the last month:
UNFI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-2BMO Capital MarketsDowngrades$10.00$5.00-50%
2019-6-6Pivotal ResearchReiterates$8.00$6.00-25%
2019-6-6Loop CapitalLowers Targetn/a$21.00-
2019-6-6Buckingham ResearchReiterates$17.00$11.00-35.3%
2019-3-7Pivotal ResearchDowngrades$14.00$8.00-42.9%
2019-3-6Loop CapitalLowers Targetn/a$30.00-
2019-1-17Royal Bank of CanadaLowers Targetn/a$20.00-
(in average)$12.30$14.4017.0%
Moving in a range from $30.00 and $5.00, the price prediction for United Natural Foods stock is $14.40. In average, analysts' outlook on UNFI price forecast is positive, upgrading the forecast by a 17.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, United Natural Foods presented its financial report, posting a dazzling growth for the Earnings per Share (EPS). Experts were expecting $0.23 per share, but United Natural Foods posted $0.44.
UNFI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.77n/a
2017-Q3-n/a0.8n/a
2017-Q42018-03-080.550.7129.1%
2018-Q12018-03-080.530.7134.0%
2018-Q22018-06-060.931.0411.8%
2018-Q32018-09-200.850.76-10.6%
2018-Q42018-12-060.740.55-25.7%
2019-Q12019-03-050.230.4491.3%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, United Natural Foods annual sales rocketed an impressive 10.27% to $10,226.70 million USD from $9,274.47 marked in 2017. Nevertheless, its income margin (compared to sales) stayed steady to 1.62%, that is $165.67 million.

To have an updated view of the financial situation of United Natural Foods, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual United Natural Foods TTM sales up to January 2019 were $14,258.50 and income was $-276.34 M dollars. When comparing this TTM figures with the last reported annuality, we can esteem United Natural Foods business evolution since July 2018: Annual turnover up to January, compared to lastest yearly report, boosted an amazing 39.42%. Regarding profit margin, United Natural Foods decreased -3.56% to 1.62%

UNFI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$6,060 M-$108 M1.8%-
2014$6,790 M12.05%$125 M1.8%16.35%
2014$6,790 M0.00%$125 M1.8%0.00%
2015$8,180 M20.47%$139 M1.7%10.56%
2015$8,185 M0.06%$139 M1.7%0.00%
2016$8,470 M3.48%$126 M1.5%-9.34%
2016$8,470 M0.00%$126 M1.5%0.00%
2017$9,270 M9.44%$130 M1.4%3.49%
2017$9,274 M0.05%$130 M1.4%0.00%
2018$10,227 M10.27%$166 M1.6%27.29%
TTM $14,259 M39.42%$-276.34 M-1.9%-266.80%

Quarterly financial results

United Natural Foods reported $6,149.21 M in revenues for 2019-Q1, a 114.40% improvement compared to previous quarter. Reported quarter income marked $-341.73 M with a profit margin of -5.56%. Profit margin slightly fell a -4.88% compared to previous quarter when profit margin was -0.67%. When comparing revenues to same quarter last year, United Natural Foods sales marked an outstanding increase and climbed a 143.24%. Looking back to recent quarterly results, United Natural Foods posted 2 positive quarters in a row.
UNFI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,370 M-$36.59 M1.5%-
2017-Q3$2,340 M-1.27%$38.87 M1.7%6.23%
2017-Q4$2,458 M5.02%$30.51 M1.2%-21.52%
2018-Q1$2,528 M2.87%$50.49 M2.0%65.50%
2018-Q2$2,649 M4.78%$51.89 M2.0%2.78%
2018-Q3$2,592 M-2.14%$32.79 M1.3%-36.81%
2018-Q4$2,868 M10.64%$-19.29 M-0.7%-158.84%
2019-Q1$6,149 M114.40%$-341.73 M-5.6%1,671.15%

United Natural Foods ownership

When you are planning to invest in a company, it's worth to review its ownership structure.

United Natural Foods shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.93% of all shares.

Bearish positions for UNFI stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to United Natural Foods:

UNFICHEFCOREDITHAIN
Market cap$432.1 M$1.2 B$1.5 B$50.7 M$1.9 B
Total shares52.7 M29.9 M45.9 M0.6 M104.2 M
Float shares47.0 M24.9 M44.9 M0.2 M80.6 M
  - Institutional holdings (%)108.2%87.6%93.9%14.6%102.6%
  - Insider holdings (%)0.9%16.3%2.4%58.9%2.7%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

UNFI summary

Thursday, August 22nd, 2019
Open$8.01
Close$8.20
Day range$7.12 - $7.20
Previous close$7.98
Session gain2.76%
Average true range$0.56
50d mov avg$8.99
100d mov avg$10.48
200d mov avg$12.80
Daily patternlt03a
Weekly pattern lb06a

United Natural Foods performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For United Natural Foods, the benchmark is made against The Chefs' Warehouse, Core-Mark, AMCON Distributing, The Hain Celestial, Kroger, SpartanNash, Sysco and G. Willi-Food International.
Stock3m6m12m
UNFIUnited Natural Fo...-28.82%-44.82%-76.64%
CHEFThe Chefs' Wa...12.42%19.31%33.16%
CORECore-Mark-15.46%3.83%-8.06%
DITAMCON Distributin...1.60%-5.31%-16.14%
HAINThe Hain Celestia...-18.33%4.08%-35.62%
KRKroger0.47%-15.97%-22.47%
SPTNSpartanNash-12.28%-40.74%-45.66%
SYYSysco-3.20%8.53%-2.47%
WILCG. Willi-Food Int...10.70%26.67%51.45%

United Natural Foods competitors

One check before investing in any stock is to have a look a list of its competitors, in this case for United Natural Foods. We chose 8 companies as United Natural Foods competitors as they are in the same industry or have similar market objectives.