UniFirst (NYSE:UNF) Issues FY 2025 Earnings Guidance

UniFirst (NYSE:UNF) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 7.300-7.700 for the period, compared to the consensus estimate of 7.770. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion. UniFirst also updated its FY25 guidance to $7.30-7.70 EPS.

Analyst Ratings Changes

Several equities analysts have commented on UNF shares. UBS Group dropped their target price on UniFirst from $235.00 to $194.00 and set a “neutral” rating for the company in a research report on Tuesday, March 25th. StockNews.com lowered UniFirst from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 8th.

UniFirst Price Performance

UNF opened at $176.50 on Thursday. UniFirst has a 1 year low of $149.58 and a 1 year high of $243.70. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of 22.57 and a beta of 0.89. The firm’s fifty day moving average price is $207.03 and its two-hundred day moving average price is $198.47.

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

UniFirst Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 7th were issued a $0.35 dividend. 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 payout ratio is 17.90%.

Insider Transactions at UniFirst

In other news, VP David Martin Katz sold 1,299 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $210.95, for a total transaction of $274,024.05. Following the completion of the transaction, the vice president now directly owns 6,455 shares of the company’s stock, valued at approximately $1,361,682.25. This represents a 16.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.86% of the company’s stock.

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.