Analysts See $1.24 EPS for UniFirst Corp (UNF)

September 17, 2017 - By Adrian Erickson

 Analysts See $1.24 EPS for UniFirst Corp (UNF)
Investors sentiment increased to 1.01 in Q4 2016. Its up 0.01, from 1 in 2016Q3. It increased, as 16 investors sold UniFirst Corp shares while 66 reduced holdings. 27 funds opened positions while 56 raised stakes. 14.70 million shares or 1.79% less from 14.97 million shares in 2016Q3 were reported.
Tpg Gru Holding (Sbs) Advsr Inc holds 631,726 shares. Alliancebernstein L P holds 0% or 25,451 shares in its portfolio. Blackrock Ltd has 0% invested in UniFirst Corp (NYSE:UNF). Susquehanna Group Llp holds 0% of its portfolio in UniFirst Corp (NYSE:UNF) for 31,522 shares. Profund Advsr Limited Liability Com holds 2,836 shares. Legal General Grp Incorporated Public Limited Company has invested 0% in UniFirst Corp (NYSE:UNF). State Street Corp stated it has 0% of its portfolio in UniFirst Corp (NYSE:UNF). California State Teachers Retirement Sys accumulated 31,199 shares or 0.01% of the stock. Barclays Public Limited Company owns 16,251 shares for 0% of their portfolio. 40,192 are owned by Ahl Prtnrs Llp. Perkins Investment Management Limited Liability Com, Illinois-based fund reported 791,780 shares. Macquarie Group Ltd stated it has 272,678 shares. Great West Life Assurance Can accumulated 0.01% or 20,272 shares. Stifel Financial Corp holds 0% or 3,305 shares in its portfolio. Pub Employees Retirement Association Of Colorado reported 0% in UniFirst Corp (NYSE:UNF).

Since March 27, 2017, it had 0 insider buys, and 2 selling transactions for $434,754 activity. On Monday, March 27 CROATTI CYNTHIA sold $229,230 worth of UniFirst Corp (NYSE:UNF) or 1,708 shares. The insider Cohen Phillip L sold $205,524.

Analysts await UniFirst Corp (NYSE:UNF) to report earnings on October, 18. They expect $1.24 EPS, down 2.36 % or $0.03 from last year’s $1.27 per share. UNF’s profit will be $25.09M for 29.29 P/E if the $1.24 EPS becomes a reality. After $1.36 actual EPS reported by UniFirst Corp for the previous quarter, Wall Street now forecasts -8.82 % negative EPS growth. The stock increased 0.59% or $0.85 on September 15, reaching $145.3. About 121,064 shares traded or 198.02% up from the average. UniFirst Corp (NYSE:UNF) has risen 24.32% since September 17, 2016 and is uptrending. It has outperformed by 7.62% the S&P500.

UniFirst Corp (NYSE:UNF) Ratings Coverage

Among 4 analysts covering UniFirst Corp (NYSE:UNF), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. UniFirst Corp had 6 analyst reports since September 1, 2015 according to SRatingsIntel. On Wednesday, December 16 the stock rating was upgraded by Sidoti to “Buy”. The firm has “Buy” rating by Robert W. Baird given on Tuesday, September 5. The stock of UniFirst Corp (NYSE:UNF) has “Neutral” rating given on Friday, July 1 by Robert W. Baird. The firm has “Hold” rating by Zacks given on Tuesday, September 1. On Thursday, June 29 the stock rating was upgraded by Robert W. Baird to “Outperform”.

UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing in the United States. The company has market cap of $2.94 billion. The Firm designs, makes, 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. It has a 26.78 P/E ratio. It operates in six divisions: the US Rental and Cleaning, Canadian Rental and Cleaning, Manufacturing , Specialty Garments Rental and Cleaning (Specialty Garments), First Aid and Corporate.

More notable recent UniFirst Corp (NYSE:UNF) news were published by: Streetinsider.com which released: “UniFirst Corp (UNF) Completes $122M Acquisition of Arrow Uniform” on September 19, 2016, also Globenewswire.com with their article: “UniFirst President and CEO on Temporary Medical Leave of Absence” published on May 15, 2017, Streetinsider.com published: “UniFirst Corp (UNF) Mourns Loss of President and CEO Ronald D. Croatti” on May 24, 2017. More interesting news about UniFirst Corp (NYSE:UNF) were released by: Reuters.com and their article: “BRIEF-Unifirst Corp names Steven S. Sintros president and chief executive officer” published on July 31, 2017 as well as Globenewswire.com‘s news article titled: “UniFirst Appoints Executive Management Committee” with publication date: June 01, 2017.

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