United Natural Foods Likely To Post Q4 Loss; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

United Natural Foods, Inc. UNFI is expected to report financial results for its fiscal 2023 fourth quarter, ended July 29, 2023, before the opening bell on Sept. 26, 2023.

Analysts expect the company to post a quarterly loss at 28 cents per share, compared to year-ago earnings of $1.27 per share. The company’s revenue might come in at $7.47 billion, compared to $7.27 billion in the year-ago period.

United Natural Foods shares fell 2.1% to close at $18.85 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• BMO Capital analyst Kelly Bania maintained a Market Perform rating and cut the price target from $28 to $20 on June 9, 2023. This analyst has an accuracy rate of 68%.
• Wells Fargo analyst Edward Kelly maintained an Equal-Weight rating and slashed the price target from $28 to $20 on June 8, 2023. This analyst has an accuracy rate of 75%.
• Deutsche Bank analyst Krisztina Katai maintained a Hold rating and lowered the price target from $41 to $35 on March 9, 2023. This analyst has an accuracy rate of 70%.
• CL King analyst Andrew Wolf downgraded the stock from Buy to Neutral on March 9, 2023. This analyst has an accuracy rate of 76%.

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