UniFirst (NYSE:UNF – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 7.300-7.700 for the period, compared to the consensus earnings per share estimate of 7.770. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion. UniFirst also updated its FY25 guidance to $7.30-7.70 EPS.
UniFirst Stock Performance
Shares of NYSE:UNF opened at $176.50 on Thursday. UniFirst has a 1-year low of $149.58 and a 1-year high of $243.70. The company’s fifty day moving average is $207.03 and its two-hundred day moving average is $198.47. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 22.57 and a beta of 0.89.
UniFirst (NYSE:UNF – Get Free Report) last announced its quarterly earnings results on Wednesday, April 2nd. The textile maker reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.03). The business had revenue of $602.20 million for the quarter, compared to analyst estimates of $602.81 million. UniFirst had a return on equity of 7.40% and a net margin of 6.00%. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.09 EPS. Sell-side analysts expect that UniFirst will post 7.71 EPS for the current fiscal year.
UniFirst Announces Dividend
Wall Street Analyst Weigh In
Several brokerages recently issued reports on UNF. UBS Group reduced their price objective on UniFirst from $235.00 to $194.00 and set a “neutral” rating for the company in a research note on Tuesday, March 25th. StockNews.com downgraded UniFirst from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 8th.
View Our Latest Analysis on UNF
Insider Buying and Selling
In other UniFirst news, VP David Martin Katz sold 1,299 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $210.95, for a total transaction of $274,024.05. Following the transaction, the vice president now owns 6,455 shares of the company’s stock, valued at $1,361,682.25. The trade was a 16.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.86% of the stock is currently owned by company insiders.
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.
Recommended Stories
- Five stocks we like better than UniFirst
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Tesla Stock: What To Expect With Their Delivery Numbers Report
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- First Watch Restaurant Group: A First-Rate Small-Cap Growth Stock
- 3 REITs to Buy and Hold for the Long Term
- Rocket Lab: $5.6 Billion Defense Contract Fuels RKLB’s Future
Receive News & Ratings for UniFirst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UniFirst and related companies with MarketBeat.com's FREE daily email newsletter.