UniFirst Co. (NYSE:UNF – Free Report) – William Blair lowered their Q1 2025 EPS estimates for UniFirst in a research report issued on Wednesday, October 23rd. William Blair analyst T. Mulrooney now anticipates that the textile maker will earn $2.23 per share for the quarter, down from their previous forecast of $2.39. The consensus estimate for UniFirst’s current full-year earnings is $7.83 per share. William Blair also issued estimates for UniFirst’s Q2 2025 earnings at $1.31 EPS, Q3 2025 earnings at $2.08 EPS, Q4 2025 earnings at $1.94 EPS, FY2025 earnings at $7.57 EPS and FY2026 earnings at $8.82 EPS.
A number of other equities research analysts have also weighed in on the stock. UBS Group boosted their price objective on shares of UniFirst from $186.00 to $190.00 and gave the company a “neutral” rating in a report on Thursday, June 27th. JPMorgan Chase & Co. increased their price objective on UniFirst from $170.00 to $175.00 and gave the company an “underweight” rating in a report on Thursday, June 27th. StockNews.com raised UniFirst from a “hold” rating to a “buy” rating in a report on Monday, August 12th. Finally, Robert W. Baird increased their price target on shares of UniFirst from $199.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $186.25.
UniFirst Trading Up 2.8 %
NYSE:UNF opened at $189.11 on Friday. The company’s 50 day moving average is $188.82 and its two-hundred day moving average is $175.27. The company has a market cap of $3.53 billion, a PE ratio of 27.61 and a beta of 0.81. UniFirst has a twelve month low of $149.58 and a twelve month high of $200.07.
Insider Transactions at UniFirst
In related news, Director Michael Iandoli sold 682 shares of UniFirst stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $194.30, for a total transaction of $132,512.60. Following the completion of the transaction, the director now directly owns 4,744 shares in the company, valued at approximately $921,759.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.74% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quarry LP grew its position in shares of UniFirst by 1,627.3% during the 2nd quarter. Quarry LP now owns 190 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 179 shares during the period. GAMMA Investing LLC boosted its position in UniFirst by 60.5% during the third quarter. GAMMA Investing LLC now owns 183 shares of the textile maker’s stock worth $36,000 after purchasing an additional 69 shares in the last quarter. Covestor Ltd grew its holdings in UniFirst by 69.7% in the first quarter. Covestor Ltd now owns 414 shares of the textile maker’s stock valued at $72,000 after purchasing an additional 170 shares during the period. Innealta Capital LLC purchased a new stake in shares of UniFirst in the second quarter valued at approximately $92,000. Finally, Eastern Bank acquired a new position in shares of UniFirst during the 3rd quarter worth approximately $109,000. Hedge funds and other institutional investors own 78.17% of the company’s stock.
UniFirst Company Profile
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.
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