How to Buy United Natural Foods Stock

United Natural Foods Inc

United Natural Foods is a food distribution company located in Rhode Island, United States, which is part of the Consumer Defensive sector, and is traded under the ticker UNFI on the NYSE exchange.

United Natural Foods stock last closed at $24.07, down 0.86% from the previous day, and has increased 58.36% in one year. It has overperformed other stocks in the Food Distribution industry by 0.47 percentage points. United Natural Foods stock is currently +180.54% from its 52-week low of $8.58, and -5.52% from its 52-week high of $25.48.

At the moment, there are 59.52M UNFI shares outstanding. The market capitalization of UNFI is $1.43B. In the past 24 hours, 471,994 UNFI shares were traded.

How to Buy United Natural Foods Stock

Not sure how to invest in United Natural Foods stock? Here's how.

  1. Choose where to buy United Natural Foods stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy United Natural Foods stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Choose your payment method and add your information.
  4. Analyze United Natural Foods stock: The United Natural Foods ticker symbol is UNFI. Is United Natural Foods stock a good investment? Should you buy shares of UNFI? How do UNFI's underlying business fundamentals look? Do top analysts think United Natural Foods is a good buy? Why has UNFI's stock price moved recently? (Hint: Our stock analysis website can help you figure out if UNFI is a good stock to buy).
  5. Place your UNFI purchase: Decide if you will purchase UNFI shares at the current market price or use a limit order to purchase UNFI stock at a given price.
  6. Get notifications regarding your investment in UNFI: Create a watchlist to track your new investment in United Natural Foods shares.

Step 1: Choose where to buy United Natural Foods stock

You will need an online brokerage account to access the NYSE market and buy UNFI stock.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the best brokerage, you need to fill out some personal information so you are able to buy UNFI today.

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Step 3: Deposit funds into your brokerage account

Now that you've opened your account on mobile trading apps, you can securely and quickly fund your account:

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Step 4: Analyze United Natural Foods stock

Once you have selected the best place to buy United Natural Foods stock, it's very important to research their stock before you buy, so you can understand the risk as well as the opportunity.

United Natural Foods shares quick numbers

UNFI Price
$24.07
1w %
-3.06%
1y %
58.36%
5y %
148.14%
P/E
-12.74x
P/B
0.87x
P/S
0.05x
PEG
N/A
Revenue
$30.98B
Earnings
-$112.00M
Fore. Rev. Growth
0.08%
Fore. Earn. Growth
N/A
Market Cap
$1.43B
Next Earnings
N/A
Next Dividend
N/A

United Natural Foods Fundamentals

WallStreetZen was created to help average investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on UNFI's stock page.

Is UNFI stock undervalued or overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge UNFI's true value.

Using relative valuations metrics:

  • UNFI could be undervalued based on its P/B ratio of 0.87x, relative to Food Distribution industry P/B ratio of 4.71x

You can do more valuation analysis on UNFI's stock here.

UNFI Financial Summary

Signs that UNFI is financially healthy:

  • Total UNFI debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the UNFI balance sheet.
  • UNFI has $40.00M in cash and short term investments. This is sufficient to cover its annual cash burn of $92.00M.

Signs that UNFI is not financially healthy:

  • UNFI has cash burn of 92000000. It does not have enough cash and short-term investments to cover this.
  • There are more long-term liabilities than short-term assets on the UNFI balance sheet.
  • UNFI has a relatively high debt to equity ratio of 3.59.
  • UNFI profit margin has gone down from 0.1% to -0.4% in the past year.

Do analysts think it's a good time to buy United Natural Foods stock

Out of 3 Wall Street analysts who give ratings on UNFI, the consensus analyst rating on UNFI is a Hold

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the United Natural Foods stock forecast page.

UNFI Momentum

SMA10
24.6
SMA20
23.18
SMA50
21.46
SMA100
18.03
SMA200
14.94
MACD
1.1
MACD Signal
1.13
MACD Histogram
-0.03
RSI
60.93
Stochastic %K
74.54
Stochastic %D
82.74
StochRSI %K
26.34
StochRSI %D
52.89

UNFI Growth Numbers

Last year, UNFI revenue was $30.98B. During the past 5 year, UNFI's revenue has grown by 6.76% per year. This was slower than the Food Distribution industry average of 9.98%.

You can research UNFI's earnings and revenue performance here.

Who is buying/selling UNFI?

Over the last year, executives and large shareholders at UNFI have sold more shares than they have bought.

Danielle Benedict, Chief Human Resources Officer of UNFI, was the latest UNFI insider to sell. They sold $200,005.00 worth of UNFI shares on Oct 17, 2024.

Research more about who owns UNFI shares here.

Can I get consistent income from UNFI stock?

No, United Natural Foods doesn't provide an income stream by paying out dividends.

What do other traders have to say about UNFI?

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your UNFI purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price, place a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Get notifications regarding your investment in UNFI

Now that you own some shares in UNFI, you'll want to keep up with your shares.

Put UNFI on a watchlist to track your UNFI stock.

UNFI Feed

How to Buy Stock in United Natural Foods

To reiterate, here are the 6 steps to buy United Natural Foods stock:

  1. Choose where to buy United Natural Foods stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze United Natural Foods stock
  5. Place your UNFI purchase
  6. Get notifications regarding your investment in UNFI

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If you want to keep track of your investment in United Natural Foods, add UNFI to your watchlist by clicking the button below.

NYSE: UNFI
$24.07-0.21 (-0.86%)
Updated Dec 6, 2024
Open eToro Account
NYSE: UNFI
$24.07-0.21 (-0.86%)
Updated Dec 6, 2024
Open eToro Account

FAQ

How much does it cost to buy one United Natural Foods share?

As of Dec 6, 2024, it costs $24.07 to buy one share of United Natural Foods stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.415 shares of UNFI.

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 United Natural Foods stock?

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

What is the best way to buy United Natural Foods stock?

One way to place an order for United Natural Foods 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.