UNIFI INC. (NYSE: UFI) has reported a loss for its fourth fiscal quarter (ending June 30) of $-0.22 versus a loss $-0.85 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $-2.61 versus $-2.57 for the same period a year ago.
Recent Price Action
UNIFI INC. (NYSE: UFI) stock enjoyed a very large increase of 6.0% on 8/21/24. The shares closed at $5.85. Moreover, this advance was accompanied by unusually high trading volume at 169% of normal. The stock has risen 4.3% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
UFI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
UNIFI INC has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. UNIFI INC has a good Appreciation Score of 84 but a very low Power Rating of 11, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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