UniFirst (NYSE:UNF) Issues FY25 Earnings Guidance

UniFirst (NYSE:UNF) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $7.30-7.70 for the period, compared to the consensus estimate of $7.77. The company issued revenue guidance of $2.422-2.432 billion, compared to the consensus revenue estimate of $2.43 billion. UniFirst also updated its FY 2025 guidance to 7.300-7.700 EPS.

UniFirst Stock Performance

Shares of NYSE UNF opened at $176.50 on Thursday. The firm has a market capitalization of $3.28 billion, a price-to-earnings ratio of 22.57 and a beta of 0.89. UniFirst has a 52-week low of $149.58 and a 52-week high of $243.70. The stock has a 50 day moving average price of $207.03 and a 200 day moving average price of $198.47.

UniFirst (NYSE:UNF) last posted its quarterly earnings data on Wednesday, April 2nd. The textile maker reported $1.31 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.03). The firm had revenue of $602.20 million for the quarter, compared to the consensus estimate of $602.81 million. UniFirst had a return on equity of 7.40% and a net margin of 6.00%. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.09 EPS. Analysts forecast that UniFirst will post 7.71 earnings per share for the current year.

UniFirst Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 7th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend was Friday, March 7th. UniFirst’s dividend payout ratio (DPR) is 17.90%.

Analysts Set New Price Targets

A number of research firms have weighed in on UNF. StockNews.com lowered UniFirst from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 8th. UBS Group decreased their price target on shares of UniFirst from $235.00 to $194.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 25th.

Insider Activity at UniFirst

In related news, VP David Martin Katz sold 1,299 shares of UniFirst stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $210.95, for a total value of $274,024.05. Following the completion of the transaction, the vice president now owns 6,455 shares in the company, valued at approximately $1,361,682.25. The trade was a 16.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.86% of the stock is owned by insiders.

UniFirst Company Profile

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.