United Natural Foods (UNFI) Misses Q1 EPS by 5c, FY16 EPS Guidance Misses Consensus
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United Natural Foods (UNFI) PT Cut to $40 at BMO Capital Following Disappointing Q1
December 8, 2015 11:10 AM ESTBMO Capital maintained a Market Perform rating on United Natural Foods (NASDAQ: UNFI), and cut the price target to $40.00 (from $52.00), following the company's 1Q earnings report. UNFIs earnings came in below expectations. A deceleration of organic growth and a cautious tone on GM%, are some of several challenges that contributed to the disappointing quarter.
Analyst Kelly Bania commented, "UNFIs F1Q16 earnings were below expectations, marked by several challenges, namely a deceleration of organic growth (ex-Albertsons to +6.8% in F1Q16 vs+8.4% QTD trends... More
RBC Capital Cuts PT on United Natural Foods (UNFI) Post Q1; Guidance Still Too Ambitious
December 8, 2015 7:22 AM ESTRBC Capital maintained an Underperform rating on United Natural Foods (NASDAQ: UNFI), and cut the price target to $42.00 (from $46.00), following the company's 1Q16 earnings report. UNFI reported adjusted EPS of $0.63 on $2.08bn of revenue, compared to consensus estimates of $0.68 and $2.08bn. Organic sales growth of... More
Barclays Downgrades United Natural Foods (UNFI) to Underweight
December 8, 2015 7:04 AM ESTBarclays downgraded United Natural Foods (NASDAQ: UNFI) from Equalweight to Underweight with a price target of $39.00 (from $51.00).
For an analyst ratings summary and ratings history on United Natural Foods click here. For more ratings news on United Natural Foods click here.
Shares of United Natural Foods closed at $44.03 yesterday.
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