UniFirst (NYSE:UNF – Get Rating) up to date its FY 2022 earnings steering on Wednesday. The corporate offered earnings per share steering of $6.65-$6.85 for the interval, in comparison with the consensus earnings per share estimate of $6.91. The corporate issued income steering of $1.99 billion-$2.00 billion, in comparison with the consensus income estimate of $1.97 billion.
Shares of UNF stock opened at $174.20 on Wednesday. The inventory’s fifty day easy shifting common is $164.91 and its 200 day easy shifting common is $177.90. UniFirst has a one yr low of $154.72 and a one yr excessive of $232.75. The agency has a market cap of $3.28 billion, a price-to-earnings ratio of 29.58 and a beta of 0.90.
UniFirst (NYSE:UNF – Get Rating) final launched its quarterly earnings outcomes on Wednesday, June twenty ninth. The textile maker reported $1.77 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $1.90 by ($0.13). The enterprise had income of $511.50 million in the course of the quarter, in comparison with the consensus estimate of $500.61 million. UniFirst had a web margin of 5.74% and a return on fairness of 6.86%. The enterprise’s quarterly income was up 10.2% in comparison with the identical quarter final yr. Throughout the identical interval within the prior yr, the agency earned $2.21 earnings per share. As a bunch, analysis analysts anticipate that UniFirst will put up 6.76 EPS for the present yr.
If you happen to’re new to buying and selling, you then’ve in all probability heard the mistaken factor about choices—that they’re dangerous, unpredictable, or troublesome.
And it couldn’t be extra mistaken! With the Hughes Optioneering Technique, you’ll quickly be taught that the most secure choice for brand new accounts is choices themselves!
UNF has been the topic of plenty of latest analysis stories. StockNews.com reduce shares of UniFirst from a purchase score to a maintain score in a analysis report on Saturday, Could twenty first. JPMorgan Chase & Co. lowered UniFirst from a impartial score to an underweight score in a analysis report on Friday, April 1st. Lastly, Robert W. Baird lowered their goal value on UniFirst from $213.00 to $195.00 in a report on Wednesday, Could 18th.
Numerous institutional traders and hedge funds have just lately added to or decreased their stakes in UNF. Covestor Ltd lifted its stake in shares of UniFirst by 187.4% within the 1st quarter. Covestor Ltd now owns 273 shares of the textile maker’s inventory valued at $50,000 after buying a further 178 shares in the course of the interval. Point72 Hong Kong Ltd bought a brand new stake in UniFirst within the 1st quarter price $69,000. Quantbot Applied sciences LP purchased a brand new stake in shares of UniFirst within the 1st quarter price about $103,000. Captrust Monetary Advisors grew its holdings in UniFirst by 32.8% in the course of the 1st quarter. Captrust Monetary Advisors now owns 1,526 shares of the textile maker’s inventory valued at $281,000 after buying a further 377 shares over the past quarter. Lastly, Eaton Vance Administration lifted its holdings in UniFirst by 15.7% in the course of the 1st quarter. Eaton Vance Administration now owns 3,485 shares of the textile maker’s inventory valued at $642,000 after shopping for a further 473 shares within the final quarter. 77.61% of the inventory is presently owned by institutional traders and hedge funds.
About UniFirst (Get Rating)
UniFirst Company supplies office uniforms and protecting work put on clothes in the US, Europe, and Canada. The corporate operates by means of U.S. and Canadian Rental and Cleansing, Manufacturing, Specialty Clothes Rental and Cleansing, and First Assist segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a spread of uniforms and protecting clothes, together with shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialised protecting put on, corresponding to flame resistant and excessive visibility clothes.
Featured Articles
This prompt information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
Should you invest $1,000 in UniFirst right now?
Earlier than you contemplate UniFirst, you may wish to hear this.
MarketBeat retains observe of Wall Avenue’s top-rated and greatest performing analysis analysts and the shares they advocate to their purchasers every day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and UniFirst wasn’t on the record.
Whereas UniFirst presently has a “Maintain” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.
from NYSE Updates – My Blog https://ift.tt/Z52WVmU
via IFTTT
No comments:
Post a Comment