United Natural Foods Slumps: UNFI Falls 7.6% in Session - Tale of the Tape

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United Natural Foods, Inc. UNFI saw a big move last session, as the company's shares fell by nearly 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $65.32 to $69.09 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the distributor of natural foods and related products has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

UNFI currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks in the Food-Miscellaneous/Diversified industry include BRF S.A. BRFS, Aramark ARMK and B&G Foods Inc. BGS. While BRF carries a Zacks Rank #1 (Strong Buy), Aramark and B&G Foods carry a Zacks Rank #2 (Buy).

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Click to get this free report

UTD NATURAL FDS UNFI: Free Stock Analysis Report

BRF-BRASIL FOOD BRFS: Free Stock Analysis Report

ARAMARK HOLDING ARMK: Free Stock Analysis Report

B&G FOODS CL-A BGS: Free Stock Analysis Report

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