United Natural Foods (UNFI) has been under a strong bear grip, hence the stock is down -4.68% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.32% in the past 1 week. The stock has risen by 0.66% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.88% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.05% and the fifty day Moving Average is 0.55%. United Natural Foods, Inc. is up 31.69% in the last three month period. Year-to-Date the stock performance stands at 20.78%.
United Natural Foods (UNFI) : The consensus price target for United Natural Foods (UNFI) is $41.67 for the short term with a standard deviation of $4.53. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $49, however, the pessimist price target for the company is $35.
United Natural Foods (NASDAQ:UNFI): On Fridays trading session , Opening price of the stock was $47.7 with an intraday high of $47.77. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.63. However, the stock managed to close at $47.54, a loss of 0.11% for the day. On the previous day, the stock had closed at $47.59. The total traded volume of the day was 503,368 shares.
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.