United Natural Foods (NASDAQ:UNFI) should head towards $42.3 per share according to 10 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $35 per share. The higher price estimate target is at $53 according to the Analysts.
Many analysts have stated their opinion on the company shares. Standpoint Research downgrades its view on United Natural Foods (NASDAQ:UNFI) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on June 7, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (CHRSO) of United Natural Foods Inc, Dziki Thomas A had sold 19,195 shares worth of $1,035,378 in a transaction dated October 16, 2015. In this transaction, 19,195 shares were sold at $53.94 per share.
United Natural Foods (NASDAQ:UNFI) : On Monday heightened volatility was witnessed in United Natural Foods (NASDAQ:UNFI) which led to swings in the share price. The stock opened for trading at $42.59 and hit $43.59 on the upside , eventually ending the session at $42.85, with a gain of 1.18% or 0.5 points. The heightened volatility saw the trading volume jump to 963,741 shares. The 52-week high of the share price is $64.9 and the company has a market cap of $2,159 million. The 52-week low of the share price is at $29.75 .
United Natural Foods, Inc. is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada. It offers products, in six product categories: grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and food service products and personal care items. Its operations consist of three operating divisions: wholesale division, which includes its natural, organic and specialty distribution business in the United States; UNFI Canada, which is its natural, organic and specialty business in Canada; Alberts Organics, Inc. and Select Nutrition; retail division, consisting of EOM, which operates its 12 natural products retail stores within the United States; manufacturing division, consisting of Woodstock Farms Manufacturing. In July 2014, the Company acquired all of stock of Tonys Fine Foods, making it a wholly-owned subsidiary of the Company.