Alert: Negative Investment/Fundamental Signals (3/8/24)-United Natural Foods Inc (NYSE: UNFI)

out_logo_500#26088.jpg

Recent extremely meaningful negative changes in investment behavior have impacted United Natural Foods Inc (NYSE: UNFI): negative upside/downside volume developed, and the stock fell on very heavy volume.

Recent important negative changes in fundamentals have impacted United Natural Foods Inc (NYSE: UNFI): the consensus estimate for July, 2024 decreased significantly, and the consensus estimate for July, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

out_mm#26088.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, UNFI is expected to continue to be a modest Value Builder.

United Natural Foods has a current Value Trend Rating of C (High 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 94 but a slightly negative Power Rating of 30, leading to the High Neutral Value Trend Rating.

Recent Price Action

On 3/8/24, United Natural Foods Inc (NYSE: UNFI) stock declined modestly by -1.7%, closing at $11.76. Moreover, this decline was accompanied by exceptionally high trading volume at 203% of normal. Relative to the market the stock has been weak over the last nine months and has declined -24.7% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*