UniFirst (NYSE:UNF) Updates FY 2025 Earnings Guidance

by · The Cerbat Gem

UniFirst (NYSE:UNF – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 6.790-7.190 for the period, compared to the consensus earnings per share estimate of 7.940. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 billion.

UniFirst Price Performance

Shares of UNF stock traded up $0.40 on Friday, hitting $189.51. The stock had a trading volume of 17,506 shares, compared to its average volume of 85,711. The firm has a market capitalization of $3.54 billion, a P/E ratio of 27.61 and a beta of 0.81. UniFirst has a 1 year low of $149.58 and a 1 year high of $200.07. The company’s 50 day moving average price is $188.82 and its 200-day moving average price is $175.27.

Wall Street Analyst Weigh In

UNF has been the topic of several recent research reports. UBS Group upped their price target on UniFirst from $186.00 to $190.00 and gave the stock a “neutral” rating in a report on Thursday, June 27th. JPMorgan Chase & Co. upped their price target on UniFirst from $170.00 to $175.00 and gave the stock an “underweight” rating in a report on Thursday, June 27th. StockNews.com upgraded UniFirst from a “hold” rating to a “buy” rating in a report on Monday, August 12th. Finally, Robert W. Baird upped their price target on UniFirst from $199.00 to $200.00 and gave the stock a “neutral” rating in a report on Thursday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $186.25.

Get Our Latest Report on UNF

Insider Transactions at UniFirst

In other news, Director Michael Iandoli sold 682 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $921,759.20. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.74% of the company’s stock.

About UniFirst

(Get Free Report)

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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