UniFirst (NYSE:UNF) is scheduled to be announcing its earnings results before the market opens on Wednesday, March 28th. Analysts expect the company to announce earnings of $1.12 per share for the quarter. UniFirst has set its FY18 guidance at $5.10-5.30 EPS.
UniFirst (NYSE:UNF) last posted its quarterly earnings data on Wednesday, January 3rd. The textile maker reported $1.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.41 by $0.19. UniFirst had a net margin of 4.69% and a return on equity of 7.72%. The business had revenue of $415.80 million during the quarter, compared to analyst estimates of $404.60 million. During the same quarter last year, the firm posted $1.38 earnings per share. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. On average, analysts expect UniFirst to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
UniFirst (NYSE:UNF) opened at $147.85 on Monday. UniFirst has a 12 month low of $133.05 and a 12 month high of $176.15. The company has a market cap of $2,999.73, a P/E ratio of 39.74, a PEG ratio of 2.73 and a beta of 0.68.
In other news, VP David Martin Katz sold 1,003 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $155.05, for a total value of $155,515.15. Following the completion of the transaction, the vice president now owns 3,710 shares of the company’s stock, valued at $575,235.50. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Michael A. Croatti sold 1,202 shares of the firm’s stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $170.26, for a total transaction of $204,652.52. Following the completion of the transaction, the vice president now directly owns 4,420 shares of the company’s stock, valued at approximately $752,549.20. The disclosure for this sale can be found here. In the last three months, insiders sold 3,846 shares of company stock valued at $621,406. Insiders own 1.00% of the company’s stock.
Several research analysts have recently commented on UNF shares. Zacks Investment Research raised shares of UniFirst from a “hold” rating to a “buy” rating and set a $189.00 price objective for the company in a research note on Tuesday, December 26th. ValuEngine raised shares of UniFirst from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $180.00.
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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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