Alert: Major Price Decline (10/2/19)-United Natural Foods Inc (NYSE: UNFI).

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On 10/2/19, United Natural Foods Inc (NYSE: UNFI) stock suffered a major decline of -26.2%, closing at $8.17. Moreover, exceptionally high trading volume at 534% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -32.5% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, UNFI is expected to be a Value Eraser.

United Natural Foods has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. United Natural Foods has a very high Appreciation Score of 90 but a slightly negative Power Rating of 35, with the Positive Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

About John Lafferty 61383 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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