UNFI stock: buy or sell?

UNFI stock price: $9.70 2.86% At close on December 6th, 2019

Updated on:
December 6th, 2019

1

United Natural Foods closed on Dec/6 at $9.70 and rose a pretty good 2.86%.

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. That's why is so important to choose your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with United Natural Foods stock situation right now, hence 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 published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 8 ratings published for UNFI stock in the last 30 days.

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
2019-8-28Loop Capitaln/aBuy
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

UNFI stock analysis

Daily outlook

United Natural Foods shares rose 2.86% to $9.70 on Dec/6.

Shares of United Natural Foods rose a pretty good 2.86% and closed at $9.70. Since price and SMA200d lines crossed down on October, UNFI fell $-1.82 per share (-15.80%).

UNFI stock chart (daily)

Weekly outlook

United Natural Foods shares rocketed 6.36% this week, ending at $9.70. With this, it's been 3 climbing weeks in a row, soaring a 19.86%. By mid November UNFI plummed a dreadful -5.49% in just one week.

UNFI stock chart (weekly)

UNFI stock price history

UNFI stock went public on November 1st, 1996 with a price of $6.751. Since then, UNFI stock grew a 43.70%, with an average of 1.90% per year. If you had invested right after UNFI's IPO a $1,000 in UNFI stock in 1996, it would worth $437.00 today.

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

UNFI stock historical price chart

UNFI stock reached 52-week highs at $21.25, and all-time highs 2015-03-02 with a price of 83.91.

UNFI stock price target is $13.60

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' UNFI stock price predictions in the hope that they will be met as they may be wrong and not met. We detected 7 price predictions for UNFI stock published in the last 30 days:
UNFI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-28Loop CapitalLowers Targetn/a$14.00-
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-
(in average)$12.30$13.6011.0%
Moving in a range from $30.00 and $5.00, the price prediction for UNFI stock is $13.60. In average, analysts' outlook on UNFI price forecast is positive, upgrading the prediction by a 11.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, United Natural Foods presented its financial report, posting an astounding climb for the Earnings per Share (EPS) ratio. 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 turnover skyrocketed a cool 10.27% to $10,226.70 million USD from $9,274.47 marked in 2017. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) remained stable a 0.22% to 1.62%.

United Natural Foods presents anual results in July, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, United Natural Foods TTM sales up to January 2019 were $14,258.50 and earnings $-276.34 M USD. When comparing this TTM figures with the last reported annuality, we can esteem United Natural Foods business evolution since July 2018: Annual revenues up to January, compared to lastest yearly report, climbed an extraordinary 39.42%. Regarding profit margin, United Natural Foods declined -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% up compared to previous quarter. Reported quarter income marked $-341.73 million 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 a dazzling growth and boosted 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 always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For United Natural Foods, 0.93% of all outstanding shares are owned by its staff.

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$517.2 M$1.1 B$1.2 B$40.8 M$2.6 B
Total shares53.3 M30.3 M45.6 M0.6 M104.3 M
Float shares47.9 M25.2 M44.6 M0.2 M80.7 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

Friday, December 6th, 2019
Open$9.67
Close$9.70
Day range$9.58 - $9.89
Previous close$9.43
Session gain2.86%
Average true range$0.43
50d mov avg$8.18
100d mov avg$8.84
200d mov avg$10.35
Daily pattern
Weekly pattern

United Natural Foods performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected The Chefs' Warehouse, Core-Mark, AMCON Distributing, The Hain Celestial, Kroger, SpartanNash, Sysco and G. Willi-Food International as the bechmarking frame for United Natural Foods stock.
Stock3m6m12m
UNFIUnited Natural Fo...4.19%-5.27%-34.81%
CHEFThe Chefs' Wa...-5.05%11.51%-2.23%
CORECore-Mark-20.35%-32.66%6.80%
DITAMCON Distributin...-19.08%-13.46%-25.71%
HAINThe Hain Celestia...28.29%19.74%30.41%
KRKroger11.98%16.38%-3.54%
SPTNSpartanNash36.07%25.41%-14.63%
SYYSysco9.88%16.97%30.22%
WILCG. Willi-Food Int...15.22%24.38%69.58%

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 picked 8 companies as United Natural Foods competitors as they are in the same industry or have similar market objectives.