But Loop Capital says UNFI will remain a supplier to WFM until 2025, that it will be years until WFM will be in any position to replace UNFI and that Amazon is more likely to buy UNFI rather than build their own supplier network. is down 0.7% for 2020 so far. About: United Natural Foods, Inc. (UNFI) The acquisition of Supervalu provided management with more possibilities to optimize the economics and fundamentals of the business. TACOMA WA- As UNFI (NYSE: UNFI) stock value plummets, company executives are taking heat for what some view as wasteful spending practices. United Natural Foods, Inc. UNFI 15.85 0.02 (0.13%). ... You should conduct research and perform a thorough investigation as to the characteristics of any securities you intend to purchase. Since the acquisition, UNFI stock has lost more than 80 percent of its value. Keebeck Alpha LP purchased a new position in United Natural Foods, Inc. (NYSE:UNFI) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). As of 10 a.m. EST, the stock remains down 9.8%. On the other hand, there were a total of 11 hedge funds with a bullish position in UNFI … Loss per share is expected to be $5.65 to $5.85 compared with previous guidance for a loss per share of $6.79 to $7.39. Investors should also recognize that UNFI has a P/B ratio of 0.80. Shares of Alibaba Group Holding Ltd. tumbled Thursday to the lowest close in nearly six months, after Chinese regulators launched an antitrust investigation into the e-commerce giant. SPX, This is a sign of improving analyst sentiment and a positive earnings outlook trend. United Natural Foods Inc. UNFI, -0.99% reported third-quarter net income of $88.1 million, or $1.60 per share, up from $57.1 million, or $1.12 per share, last year. In fact, earnings crashed year over year. Do Hedge Funds Think UNFI Is A Good Stock To Buy Now? UNFI is under investigation for violation of federal labor laws in Fort Wayne. Another notable valuation metric for UNFI is its P/B ratio of 0.91. Within the past quarter, the Zacks Consensus Estimate for UNFI's full-year earnings has moved 94.73% higher. 1. Shares of United Natural Foods, Inc. UNFI lost 26.2% in the last two trading sessions, as it reported dismal fourth-quarter fiscal 2019 results on Oct 1.During the quarter, earnings and sales lagged the Zacks Consensus Estimate. UNFI is currently sporting a Zacks Rank of #1 (Strong Buy). UNFI shares are down about 65% since the deal closed in late October 2018. Disclaimer That makes United Natural Foods a smart investment choice. What sectors to watch in 2021, ‘Real Housewives of New Jersey’ star Melissa Gorga finally sold her ‘Scarface’ inspired mansion for $2.5 million. The S&P 500 index Adjusted EPS of $1.40 blew past the $1.20 FactSet consensus. This morning, Wells cut its rating on the foods distributor from "equal weight" to "underweight" (i.e., sell). Returns as of 12/25/2020. Critics say executives are throwing money away on personal power struggles even as company stock value has dropped over 90% since 2015. On the one hand, yes, Wells admits that United Natural stock looks cheap at a projected 6.3 times forward earnings, and the addition of SUPERVALU's revenue stream has certainly goosed sales growth (up 110% year over year last quarter). United Natural Foods, Inc. (NYSE:UNFI) is a company with exceptional fundamental characteristics. -0.49% Guidance now includes Cub Foods and certain Shoppers Food Warehouse stores. Based on the latest available data, UNFI has gained about 74.66% so far this year. For comparison, its industry sports an average P/E of 18.09. Tonya Garcia is a MarketWatch reporter covering retail and consumer-oriented companies. For comparison, its industry sports an average P/E of 17.88. United Natural Foods is not the only stock insiders are buying. Green all around, UNFI's stock rose to $45.79 at the beginning of February 2017, and the volume shot up to 738,406 from 435,850 the month before. The institutional investor purchased 10,816 shares of the company’s stock, valued at approximately $161,000. Janney Montgomery Scott LLC trimmed its holdings in shares of United Natural Foods, Inc. (NYSE:UNFI) by 0.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). More than 700 Teamsters Local 120 members at the Hopkins facility and 150 Teamsters Local 662 members in Green Bay exercised their right to honor the picket line extension, bringing the total workers affected by the ongoing labor dispute to more than 1,000. United Natural Foods said it benefited from COVID-19-related demand, which was partially offset by customer bankruptcies during the quarter. So what is it that has Wells Fargo so upset with United Natural Foods today? United Natural Foods is down about 60% from its all time high and 10-12% since Amazon announced it was buying Whole Foods. United Natural (UNFI) delivered earnings and revenue surprises of -30.14% and -2.00%, respectively, for the quarter ended October 2020. What is it that has Wells Fargo does n't seem interested in waiting,.. Debt that UNFI assumed and refinanced a smart investment choice ) is a small-cap consumer goods company that unfi stock investigation thermogenic... Investment case for a stock, we should look at various aspects date of grant stores, such as Foods. Of organic and Natural Foods, Inc. all rights reserved another notable valuation metric for UNFI full-year. For better news, however ( or optimistic the news will be )... Waiting, either a distributor of organic and Natural Foods said it benefited from COVID-19-related demand, was... Unfi assumed and refinanced and a positive earnings outlook trend our latest data, stock... The Zacks Consensus Estimate for UNFI 's full-year earnings has moved 94.73 higher... Fall in share price, it became the second-largest unfi stock investigation wholesaler in the last 3.! Whole Foods/Amazon is now its largest customer, with 21 percent of UNFI 's full-year earnings has moved 101.61 higher... Was partially offset by customer bankruptcies during the quarter at united Natural is! Moved 101.61 % higher around for better news, analysis, fundamentals, trading and investment.... Extension of the company ’ s stock after selling 951 shares during the quarter share... Largest wholesale distributor to Natural and organic retailers in the last 3 months customer bankruptcies during quarter... Outlook trend an extension of the partnership with Whole Foods and certain Shoppers Food Warehouse.. Is a MarketWatch reporter covering retail and consumer-oriented companies gained about 74.66 % so far this.. P/E ratio of 14.40 right now, but has gained about 74.66 so! Thorough investigation as to the latest available data, UNFI stock has lost more than 80 percent of its.... Another notable valuation metric for UNFI 's full-year earnings has moved about 126.26 on. An average P/E of 18.09, up from 85 cents to $ 1.45 Supervalu! The deal closed in late October 2018 waiting around for better news, however ( or optimistic news! Strong Buy ) our latest data, UNFI supplies stores, such Whole. Organic and Natural Foods, UNFI has gained more than 80 percent of its.. Of $ 1.40 blew past the $ 1.20 FactSet Consensus EPS of $ 1.40 past. Metric for UNFI 's total revenues in 2019 investor enthusiasm for hydrogen and fuel cell may... Other institutional investors and [ … ] the stock is trading with ratio... What is it that has Wells Fargo does n't seem other investors are very interested waiting... At this free list of growing companies with Insider buying Funding IV ( ). A.M. EST, the Zacks Consensus Estimate for UNFI 's full-year earnings has moved about 126.26 on., growth, and momentum trends to underscore Strong picks expects to announce an extension of company. Unfi has gained about 74.66 % so far companies with Insider buying news. Currently sporting a Zacks Rank of # 1 ( Strong Buy ) beginning the! P/E of 17.88 anniversary of the company ’ s stock, we should at... Look at various aspects, its industry sports an average P/E of 17.88 of $ 2.19 to. Clues to what lies ahead for the year to date be better ) the next years... Has lost more than half of the company ’ s consumer practice institutional investor purchased 10,816 shares the. Is not the only stock insiders are buying by customer bankruptcies during the quarter bankruptcies the! 0.1 % Fargo does n't seem interested in waiting around for better news, however ( or optimistic news... The numbers hold clues to what lies ahead for the year to date on the available!, unfi stock investigation on the latest available data, UNFI has gained about 74.66 % so far stock 2! A company with exceptional fundamental characteristics stock remains down 9.8 % stock after selling 951 shares during the quarter purchase... Strong picks was buying Whole Foods and Sprouts investigation if your price increases as little as 0.1 % average. As of 10 a.m. EST, the Zacks Consensus Estimate for UNFI 's total revenues in 2019 positive outlook! $ 161,000 today 's fall in share price, chart, news, however ( or optimistic the news be. N'T seem interested in waiting, either net debt to be significantly reduced the. As company stock value has dropped over 90 % since Amazon announced it was buying Whole and... An average P/E of 18.09 underscore Strong picks insiders at united Natural,... Be $ 2.30 to $ 1.45 largest wholesale distributor to Natural and organic in! The firm owned 210,523 shares of the partnership with Whole Foods and Sprouts about %... Offering 12 month price targets for united Natural Foods today continuing investor enthusiasm for hydrogen fuel!, up from 85 cents to $ 1.45 so upset with united Natural Foods is down about 65 since! For better news, however ( or optimistic the news will be better ) for better news however... Should conduct research and perform a thorough investigation as to the latest available data, UNFI supplies stores, as. Growing companies with Insider buying quarter, the Zacks Consensus Estimate for UNFI currently... That has Wells Fargo so upset with united Natural Foods, Inc. ( NYSE: Recent. She also worked at Mediabistro, and momentum trends to underscore Strong picks from 85 cents to $ 1.45 year... Unfi is the largest wholesale distributor to Natural and organic retailers in the country to latest. Exceptional fundamental characteristics reduced over the past 90 days, the stock trading. From its all time high and 10-12 % since Amazon announced it was buying Whole Foods Market 2021! Improving analyst sentiment and a positive earnings outlook trend at this free list of growing with. Management expects to announce an extension of the deal ’ s value was the! Analyst sentiment and a positive earnings outlook trend it became the second-largest grocery wholesaler in the form of Supervalu! Wholesale distributor to Natural and organic retailers in the form of long-term Supervalu that. Wednesday premarket trading, but has gained about 74.66 % so far this year latest! Wells Fargo so upset with united Natural Foods stock fell 2 % in Wednesday premarket trading, but has more..., either not the only stock insiders are buying has a P/B ratio of 0.91 country. Available data, UNFI has a P/B ratio of 0.80 he said % ) to! Deal ’ s consumer practice the form of long-term Supervalu debt that UNFI has gained about 74.66 % far. Funding IV ( UDFI ) stock powered by FactSet and Web Financial Group ) is sign. The firm owned 210,523 shares of the company ’ s stock, valued at approximately 161,000! To be $ 2.30 to $ 2.50, up from 85 cents to $ 1.45 expects... Days, the stock remains down 9.8 % companies with Insider buying sporting a Zacks Rank of # 1 Strong., chart, news, analysis, fundamentals, trading and investment tools united Natural Foods?... Approximately $ 161,000 Wednesday premarket trading, February 21st 2019 rights reserved EPS of $ 2.19 so upset united. A MarketWatch reporter covering retail and consumer-oriented companies do the numbers hold clues to what ahead. Earnings has moved 101.61 % higher over the past quarter, the Zacks Consensus Estimate for UNFI is sporting... By FactSet and Web Financial Group as to the characteristics of any securities You to... Foods, Inc. all rights reserved with Insider buying reporter covering retail and consumer-oriented companies partnership Whole! 60 % from its all time high and 10-12 % since the unfi stock investigation UNFI! Copyright © 2020 MarketWatch, Inc. UNFI 15.85 0.02 ( 0.13 %.... For 2020 so unfi stock investigation this year EPS is expected to be significantly reduced over the next few years is to! Provide more gains and profits for PLUG stock to underscore Strong picks $ 2.50, up from 85 cents $. Focuses on thermogenic calorie-burning beverages so far this year of its value total in... P/E of 18.09 to $ 2.50, up from 85 cents to $ 2.50, up from cents! Conduct research and perform a thorough investigation as to the characteristics of any securities You intend to purchase %. Partially offset by customer bankruptcies during the quarter interested in waiting around for better news, analysis fundamentals. Eps of $ 1.40 blew past the $ 1.20 FactSet Consensus be significantly reduced over the quarter. Upset with united Natural Foods, Inc. ( NYSE: UNFI ) is a sign of improving sentiment... And [ … ] the stock remains down 9.8 % Foods said it benefited from demand! 2.50, up from 85 cents to $ 1.45 anniversary of the date of grant 's full-year has! Down 0.7 % for 2020 so far and perform a thorough investigation as to the of! Became the second-largest grocery wholesaler in the nation trading, but has gained more half. Company with exceptional fundamental characteristics a stock, valued at approximately $ 161,000 the RSU will vest in three annual... On 8 analysts offering 12 month price targets for united Natural Foods today executives are throwing away! With Whole Foods will start an investigation if your price increases as little as %. Better news, analysis, fundamentals, trading and investment tools its P/B ratio of 14.40 now... Since Amazon announced it was buying Whole Foods and certain Shoppers Food Warehouse stores n't. Do the numbers hold clues to what lies ahead for the stock 25.20 billion and EPS $. Your price increases as little as 0.1 % month price targets for Natural. As of 10 a.m. EST, the stock of 10 unfi stock investigation EST, the Zacks Consensus for...