Unifi (UFI) Earning Somewhat Favorable Press Coverage, Analysis Finds

Press coverage about Unifi (NYSE:UFI) has been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Unifi earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the textile maker an impact score of 46.5603791975418 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

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Shares of Unifi stock opened at $37.60 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.91 and a quick ratio of 2.18. The stock has a market cap of $691.10, a PE ratio of 20.11 and a beta of 0.64. Unifi has a 1-year low of $26.38 and a 1-year high of $39.21.

Unifi (NYSE:UFI) last announced its earnings results on Thursday, January 25th. The textile maker reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.04. The company had revenue of $167.50 million during the quarter, compared to the consensus estimate of $159.17 million. Unifi had a return on equity of 9.72% and a net margin of 5.97%. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. analysts predict that Unifi will post 1.95 EPS for the current fiscal year.

Several analysts have recently weighed in on the company. ValuEngine upgraded Unifi from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research downgraded Unifi from a “hold” rating to a “sell” rating in a research note on Wednesday, January 31st.

In other Unifi news, Director Robert J. Bishop bought 1,396 shares of the stock in a transaction dated Friday, February 16th. The stock was bought at an average cost of $35.04 per share, for a total transaction of $48,915.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert J. Bishop bought 29,329 shares of the stock in a transaction dated Monday, February 5th. The shares were acquired at an average price of $35.22 per share, with a total value of $1,032,967.38. Following the completion of the purchase, the director now directly owns 10,288 shares of the company’s stock, valued at $362,343.36. The disclosure for this purchase can be found here. Insiders have bought 108,007 shares of company stock valued at $3,789,877 over the last 90 days. Insiders own 15.40% of the company’s stock.

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Unifi Company Profile

Unifi, Inc, together with its subsidiaries, manufactures and sells polyester and nylon yarns. The company operates through three segments: Polyester, Nylon, and International. The Polyester segment manufactures and sells polyester plastic bottle flakes, polymer beads, partially oriented yarns, textured, solution and package dyed, twisted, beamed, and draw wound yarns to other yarn manufacturers, and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets in the United States and El Salvador.

Insider Buying and Selling by Quarter for Unifi (NYSE:UFI)

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