UniFirst Corp (NYSE: UNF) has reported E.P.S. of $2.40 for its fourth fiscal quarter (ending August 31) versus $1.48 for the same period a year ago. For the latest four quarters through August 31, E.P.S. were $7.79 versus $5.55 for the same period a year ago.
Recent Price Action
UniFirst Corp (NYSE: UNF) stock declined by -3.1% on 10/23/24. The shares closed at $184.00. Moreover, this decline was accompanied by above average trading volume at 127% of normal. The stock has declined -3.5% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, UNF is expected to continue to be a modest Value Builder.
UniFirst has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. UniFirst has a neutral Appreciation Score of 48 and a slightly positive Power Rating of 65, resulting in 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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