UniFirst (NYSE:UNF) Issues FY 2025 Earnings Guidance

UniFirst (NYSE:UNF) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 6.790-7.190 for the period, compared to the consensus EPS 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.

Analysts Set New Price Targets

UNF has been the topic of a number of research reports. Robert W. Baird increased their price objective on UniFirst from $185.00 to $199.00 and gave the stock a “neutral” rating in a report on Thursday, June 27th. JPMorgan Chase & Co. lifted their price objective on shares of UniFirst from $170.00 to $175.00 and gave the company an “underweight” rating in a research note on Thursday, June 27th. UBS Group increased their target price on shares of UniFirst from $186.00 to $190.00 and gave the stock a “neutral” rating in a research report on Thursday, June 27th. Finally, StockNews.com raised UniFirst from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, UniFirst currently has an average rating of “Hold” and a consensus price target of $186.00.

UniFirst Price Performance

Shares of UNF opened at $189.93 on Wednesday. The company has a market capitalization of $3.54 billion, a PE ratio of 27.73 and a beta of 0.81. UniFirst has a one year low of $149.58 and a one year high of $200.07. The company’s fifty day moving average price is $188.67 and its 200 day moving average price is $175.11.

Insider Transactions at UniFirst

In related news, Director Michael Iandoli sold 682 shares of the stock in a transaction that occurred on 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 sale, the director now owns 4,744 shares in the company, valued at $921,759.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.74% of the stock is currently owned by corporate insiders.

About UniFirst

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.