News articles about UniFirst (NYSE:UNF) have trended somewhat negative recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. UniFirst earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave news articles about the textile maker an impact score of 47.6466102716267 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- UniFirst (UNF) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- UniFirst (UNF) Expected to Announce Quarterly Sales of $420.88 Million (americanbankingnews.com)
- 10 Tips to Help Workers Stay Cool in the Heat of the Summer (finance.yahoo.com)
- Zacks: Brokerages Expect UniFirst (UNF) to Announce $1.50 Earnings Per Share (americanbankingnews.com)
A number of brokerages have recently weighed in on UNF. Zacks Investment Research cut UniFirst from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Robert W. Baird reaffirmed a “buy” rating and set a $183.00 price objective on shares of UniFirst in a research note on Thursday, March 29th. Barrington Research reaffirmed a “hold” rating on shares of UniFirst in a research note on Thursday, March 29th. Finally, ValuEngine raised UniFirst from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $186.00.
UNF opened at $175.95 on Friday. The firm has a market cap of $3.54 billion, a P/E ratio of 33.32, a P/E/G ratio of 2.30 and a beta of 0.61. UniFirst has a 52 week low of $135.55 and a 52 week high of $176.45.
UniFirst (NYSE:UNF) last posted its quarterly earnings data on Wednesday, March 28th. The textile maker reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.31. The business had revenue of $419.30 million for the quarter, compared to analyst estimates of $405.64 million. UniFirst had a return on equity of 7.95% and a net margin of 6.79%. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.10 earnings per share. research analysts expect that UniFirst will post 7.58 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Investors of record on Friday, June 8th will be paid a dividend of $0.1125 per share. The ex-dividend date is Thursday, June 7th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 0.26%. This is a positive change from UniFirst’s previous quarterly dividend of $0.04. UniFirst’s dividend payout ratio (DPR) is presently 2.84%.
In other UniFirst news, VP David A. Difillippo sold 1,266 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $158.95, for a total value of $201,230.70. Following the sale, the vice president now directly owns 7,067 shares of the company’s stock, valued at approximately $1,123,299.65. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP David A. Difillippo sold 1,046 shares of the firm’s stock in a transaction dated Tuesday, April 24th. The stock was sold at an average price of $161.70, for a total value of $169,138.20. Following the completion of the sale, the vice president now directly owns 7,068 shares in the company, valued at $1,142,895.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,460 shares of company stock worth $698,322. Corporate insiders own 1.00% of the company’s stock.
UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Canada, and Europe. It operates through US Rental and Cleaning, Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. 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, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.
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