UniFirst Corp (NYSE:UNF) VP David A. Difillippo sold 1,266 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $158.95, for a total value of $201,230.70. Following the completion of the transaction, the vice president now directly owns 7,067 shares in the company, valued at $1,123,299.65. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
UniFirst Corp (NYSE:UNF) opened at $155.30 on Thursday. UniFirst Corp has a twelve month low of $130.25 and a twelve month high of $176.15. The company has a market capitalization of $3,226.97, a price-to-earnings ratio of 41.75, a P/E/G ratio of 2.94 and a beta of 0.64.
UniFirst (NYSE:UNF) last announced its earnings results on Wednesday, January 3rd. The textile maker reported $1.60 EPS for the quarter, topping the Zacks’ consensus estimate of $1.41 by $0.19. UniFirst had a return on equity of 7.72% and a net margin of 4.69%. The company had revenue of $415.80 million for the quarter, compared to analysts’ expectations of $404.60 million. During the same period last year, the firm earned $1.38 EPS. UniFirst’s revenue for the quarter was up 7.7% compared to the same quarter last year. equities analysts predict that UniFirst Corp will post 5.41 EPS for the current year.
A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. increased its stake in UniFirst by 3.2% in the 4th quarter. BlackRock Inc. now owns 1,948,654 shares of the textile maker’s stock worth $321,334,000 after buying an additional 60,478 shares in the last quarter. Janus Henderson Group PLC increased its stake in UniFirst by 5.6% in the 3rd quarter. Janus Henderson Group PLC now owns 909,126 shares of the textile maker’s stock worth $137,733,000 after buying an additional 48,162 shares in the last quarter. Victory Capital Management Inc. increased its stake in UniFirst by 5.3% in the 3rd quarter. Victory Capital Management Inc. now owns 586,882 shares of the textile maker’s stock worth $88,912,000 after buying an additional 29,575 shares in the last quarter. State Street Corp increased its stake in UniFirst by 4.4% in the 2nd quarter. State Street Corp now owns 376,860 shares of the textile maker’s stock worth $53,020,000 after buying an additional 15,909 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its stake in UniFirst by 23.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 197,868 shares of the textile maker’s stock worth $29,971,000 after buying an additional 37,150 shares in the last quarter. Institutional investors and hedge funds own 71.97% of the company’s stock.
Separately, Zacks Investment Research raised UniFirst from a “hold” rating to a “buy” rating and set a $189.00 target price on the stock in a report on Tuesday, December 26th.
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UniFirst Company Profile
UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments.
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