UniFirst (NYSE:UNF) Updates FY 2025 Earnings Guidance

UniFirst (NYSE:UNF) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 6.790-7.190 for the period, compared to the consensus earnings per share estimate of 7.940. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 billion.

UniFirst Price Performance

NYSE UNF opened at $189.93 on Wednesday. UniFirst has a 12 month low of $149.58 and a 12 month high of $200.07. The firm has a market capitalization of $3.54 billion, a PE ratio of 27.73 and a beta of 0.81. The company’s 50 day simple moving average is $188.67 and its 200 day simple moving average is $175.11.

Analysts Set New Price Targets

UNF has been the topic of a number of research reports. JPMorgan Chase & Co. boosted their price objective on UniFirst from $170.00 to $175.00 and gave the stock an “underweight” rating in a research note on Thursday, June 27th. StockNews.com upgraded shares of UniFirst from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. Robert W. Baird boosted their target price on shares of UniFirst from $185.00 to $199.00 and gave the stock a “neutral” rating in a report on Thursday, June 27th. Finally, UBS Group raised their target price on shares of UniFirst from $186.00 to $190.00 and gave the stock a “neutral” rating in a report on Thursday, June 27th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $186.00.

Insider Buying and Selling

In other UniFirst news, Director Michael Iandoli sold 682 shares of the firm’s stock in a transaction dated Wednesday, July 31st. The shares were sold at an average price of $194.30, for a total value of $132,512.60. Following the completion of the transaction, the director now directly owns 4,744 shares in the company, valued at $921,759.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.74% of the stock is currently owned by company insiders.

About UniFirst

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It 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.