UniFirst (NYSE:UNF) Updates FY 2025 Earnings Guidance

by · The Markets Daily

UniFirst (NYSE:UNF – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 6.790-7.190 for the period, compared to the consensus estimate of 7.650. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion.

UniFirst Price Performance

Shares of UNF stock opened at $204.13 on Wednesday. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of 26.27 and a beta of 0.87. The company’s fifty day simple moving average is $189.46 and its two-hundred day simple moving average is $186.31. UniFirst has a 1 year low of $149.58 and a 1 year high of $243.70.

UniFirst (NYSE:UNF – Get Free Report) last released its quarterly earnings data on Wednesday, January 8th. The textile maker reported $2.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.09. UniFirst had a return on equity of 7.47% and a net margin of 5.99%. The company had revenue of $604.91 million for the quarter, compared to analyst estimates of $606.60 million. During the same period in the previous year, the company posted $2.26 EPS. The firm’s revenue for the quarter was up 1.9% compared to the same quarter last year. Equities research analysts anticipate that UniFirst will post 7.68 EPS for the current year.

UniFirst Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 3rd. Stockholders of record on Friday, December 6th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.69%. This is an increase from UniFirst’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Friday, December 6th. UniFirst’s dividend payout ratio is presently 18.02%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Robert W. Baird increased their target price on shares of UniFirst from $199.00 to $200.00 and gave the stock a “neutral” rating in a research note on Thursday, October 24th. StockNews.com upgraded UniFirst from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, December 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $186.25.

View Our Latest Stock Analysis on UniFirst

Insider Buying and Selling at UniFirst

In related news, CEO Steven S. Sintros sold 3,207 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $193.04, for a total transaction of $619,079.28. Following the transaction, the chief executive officer now directly owns 22,571 shares of the company’s stock, valued at approximately $4,357,105.84. This trade represents a 12.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder The Ronald D. Croatti Trust – 1 sold 9,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $190.97, for a total value of $1,814,215.00. Following the completion of the sale, the insider now directly owns 17,390 shares of the company’s stock, valued at approximately $3,320,968.30. This represents a 35.33 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,294 shares of company stock worth $2,546,632 over the last three months. 0.86% of the stock is owned by insiders.

UniFirst Company Profile

(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.

Featured Stories