WallStreetZenWallStreetZen

How to Buy Unifirst Stock

Unifirst Corp

Unifirst is a specialty business service company located in Massachusetts, United States, which is part of the Industrials sector, and is traded under the ticker UNF on the NYSE exchange.

Unifirst stock last closed at $164.24, up 0.26% from the previous day, and has increased 1.53% in one year. It has underperformed other stocks in the Specialty Business Services industry by 0.25 percentage points. Unifirst stock is currently +9.13% from its 52-week low of $150.50, and -12.27% from its 52-week high of $187.22.

At the moment, there are 18.66M shares of UNF outstanding. The market capitalization of UNF is $3.06B. In the past 24 hours, 55,386 UNF shares were traded.

How to Buy Unifirst Stock

Not sure how to invest in Unifirst stock? Here's how.
  1. Decide where to buy Unifirst stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Unifirst stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Pick your payment method and add your info.
  4. Research Unifirst stock: The Unifirst ticker symbol is UNF. Is Unifirst stock a good investment? Should you buy shares of UNF? How do UNF's underlying business fundamentals look? Do top analysts think Unifirst is a good buy? Why has UNF's stock price moved recently? (Hint: Our stock market research tools can help you decide if UNF is a good stock to buy).
  5. Execute your UNF purchase: Decide if you will purchase UNF shares at the current market price or use a limit order to purchase UNF shares at a particular price.
  6. Keep an eye on your UNF position: Create a watchlist to the latest updates on your position in Unifirst stock.

Step 1: Decide where to buy Unifirst stock

You will need a brokerage account in order to access the NYSE market and buy UNF shares.

A brokerage account enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

We believe that eToro is the best place to buy stocks. Here's why:

  • Invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to global markets: From Tech to Financial Services, New York to Shanghai — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of shares by creating an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal details so you can buy UNF stock today.

How to Start a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal info to create a new brokerage account.
  1. Submit your application by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your investment account

Now that you've opened your account on our top ranked stock market app, you need to deposit funds:

Watch the tutorial below for more details depositing money into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Unifirst stock

Once you have selected the best place to buy Unifirst stock, it's very important to research their stock before you buy, so you truly comprehend the risk and upside.

Unifirst Metrics

UNF Price
$164.24
1w %
3.61%
1y %
1.53%
5y %
4.65%
P/E
25.74x
P/B
1.5x
P/S
1.32x
PEG
0.72x
Revenue
$2.33B
Earnings
$114.69M
Fore. Rev. Growth
3.75%
Fore. Earn. Growth
44.36%
Market Cap
$3.06B
Next Earnings
Jun 26, 2024
Next Dividend
Jun 28, 2024

Unifirst Zen Score

WallStreetZen was designed to help part-time investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on UNF's stock page.

Is UNF stock properly valued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge UNF's intrinsic value.

Using relative valuations measures:

  • UNF may be undervalued based on its P/E ratio of 25.74x, relative to Specialty Business Services industry P/E ratio of 35.47x
  • UNF could be undervalued based on its P/B ratio of 1.5x, relative to Specialty Business Services industry P/B ratio of 4.79x
  • UNF may be undervalued based on its PEG ratio of 0.72x

You can access more valuation analysis on UNF's stock here.

Is UNF a healthy company?

Passed Financial Due Diligence Checks:

  • UNF has a low debt to equity ratio of 0.28.
  • There are more short-term assets than short-term liabilities on the UNF balance sheet.
  • UNF earnings of $152.79M is not enough to cover its interest payments.
  • UNF's operating cash flow of $258.32M allows it to safely service it's debt of $71.78M.
  • There are more short-term assets than long-term liabilities on the UNF balance sheet.

Failed Financial Due Diligence Checks:

  • Total UNF debt is higher than 5 years ago, relative to shareholder equity.
  • UNF profit margin of X% has stayed the same in the past year.

Do analysts think it's a good time to buy Unifirst stock

Out of 3 Wall Street analysts who research UNF, the consensus analyst rating on Unifirst is a Hold

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Unifirst stock forecast page.

Metrics for Advanced UNF Traders

SMA10
160.69
SMA20
162.56
SMA50
166.84
SMA100
170.46
SMA200
168.47
MACD
-1.36
MACD Signal
-2.09
MACD Histogram
0.73
RSI
50.48
Stochastic %K
82.06
Stochastic %D
79.87
StochRSI %K
91.06
StochRSI %D
93.38

Is UNF Making Money?

Last year, UNF earnings were $114.69M. During the last 5 year, UNF's earnings have gone up by -5.62% per year. This was slower than the Specialty Business Services industry average of 11.63%.

Last year, UNF revenue was $2.33B. During the past 5 year, UNF's revenue has increased by 6.07% per year. This was slower than the Specialty Business Services industry average of 10.75%.

Learn more about UNF's earnings and revenue performance here.

Are UNF insiders buying or selling the stock?

Over the past year, insiders at UNF have sold more shares than they have bought.

William Masters Ross, Executive Vice President of UNF, was the latest UNF insider to sell. They sold $275,275.00 worth of UNF shares on Feb 12, 2024.

Research more about who owns UNF stock here.

Does UNF provide a stable income stream?

Unifirst pays a dividend of 0.78%, compared to the Specialty Business Services industry's average dividend yield of 1.84%. If you owned $1,000 of UNF stock, you would have been paid $7.79 in the past year.

Unifirst dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Unifirst dividend yield and history here.

Get opinions from other traders

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Execute your UNF purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price limit, use a limit order.

Click the Open button and eToro will place the order.

If you want additional help buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Keep an eye on your UNF position

Now that you own some UNF stock, you'll want to stay up-to-date on your stock purchase.

Put UNF on a watchlist to track the most important metrics related to your UNF stock.

UNF Feed

How to Buy Stock in Unifirst

To summarize, here are the 6 steps to buy stock in Unifirst:

  1. Decide where to buy Unifirst stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Research Unifirst stock
  5. Execute your UNF purchase
  6. Keep an eye on your UNF position

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Unifirst, get started below.

NYSE: UNF
$164.24+0.42 (+0.26%)
Updated Apr 26, 2024
Open eToro Account
NYSE: UNF
$164.24+0.42 (+0.26%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Unifirst share?

As of Apr 26, 2024, it costs $164.24 to buy one share of Unifirst stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.609 shares of UNF.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Unifirst stock?

According to 3 Wall Street analysts who monitor Unifirst, their consensus recommendation is to hold Unifirst stock.

What is the best way to buy Unifirst stock?

One way to place an order for Unifirst stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.