Alert: New Earnings Report (3/6/24)-United Natural Foods Inc (NYSE: UNFI).

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For its second fiscal quarter (ending January 31), United Natural Foods Inc (NYSE: UNFI) has reported E.P.S. of $-0.25 compared to $0.32 a year ago. For the latest four quarters through January 31, E.P.S. were $-1.95 versus $3.24 for the same period a year ago.

Recent Price Action

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United Natural Foods Inc (NYSE: UNFI) stock suffered a major decline of -18.4% on 3/6/24. The shares closed at $12.13. Moreover, exceptionally high trading volume at 452% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -23.5% during the last week.

Current PriceTarget Research Rating

UNFI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

United Natural Foods has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. United Natural Foods has a very high Appreciation Score of 91 but a poor Power Rating of 24, leading to the Neutral Value Trend Rating.

Rating Review

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

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