Media stories about UniFirst (NYSE:UNF) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. UniFirst earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the textile maker an impact score of 45.7984790404779 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of research firms have commented on UNF. Zacks Investment Research cut shares of UniFirst from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. ValuEngine upgraded shares of UniFirst from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $180.00.
Shares of UNF stock opened at $156.10 on Wednesday. The company has a market cap of $3,206.68, a price-to-earnings ratio of 41.96, a price-to-earnings-growth ratio of 2.92 and a beta of 0.68. UniFirst has a twelve month low of $133.00 and a twelve month high of $176.15.
UniFirst (NYSE:UNF) last posted its quarterly earnings results on Wednesday, January 3rd. The textile maker reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.19. UniFirst had a net margin of 4.69% and a return on equity of 7.72%. The business had revenue of $415.80 million during the quarter, compared to analysts’ expectations of $404.60 million. During the same period last year, the company posted $1.38 earnings per share. The business’s quarterly revenue was up 7.7% on a year-over-year basis. equities research analysts forecast that UniFirst will post 5.41 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Friday, March 9th will be paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.10%. The ex-dividend date of this dividend is Thursday, March 8th. UniFirst’s dividend payout ratio (DPR) is 4.03%.
In other UniFirst news, VP David A. Difillippo sold 1,266 shares of the firm’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $158.95, for a total value of $201,230.70. Following the transaction, the vice president now directly owns 7,067 shares of the company’s stock, valued at $1,123,299.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David Martin Katz sold 1,003 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $155.05, for a total transaction of $155,515.15. Following the completion of the transaction, the vice president now directly owns 3,710 shares in the company, valued at $575,235.50. The disclosure for this sale can be found here. Insiders sold 3,846 shares of company stock worth $621,406 over the last ninety days. Insiders own 1.00% of the company’s stock.
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UniFirst Company Profile
UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments.
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