Unifirst Corp (NYSE:UNF) Q2 2018 Sentiment

UniFirst Corporation (NYSE:UNF) Logo

Sentiment for Unifirst Corp (NYSE:UNF)

Unifirst Corp (NYSE:UNF) institutional sentiment decreased to 1.23 in 2018 Q2. Its down -0.41, from 1.64 in 2018Q1. The ratio is negative, as 92 active investment managers started new or increased positions, while 75 reduced and sold their stock positions in Unifirst Corp. The active investment managers in our partner’s database now own: 14.33 million shares, up from 14.29 million shares in 2018Q1. Also, the number of active investment managers holding Unifirst Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 17 Reduced: 58 Increased: 59 New Position: 33.

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Canada, and Europe. The company has market cap of $2.76 billion. It operates through US Rental and Cleaning, Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid divisions. It has a 17.56 P/E ratio. The firm designs, makes, 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.

The stock decreased 1.22% or $1.79 during the last trading session, reaching $144.19. About 1,964 shares traded. UniFirst Corporation (NYSE:UNF) has risen 28.20% since December 6, 2017 and is uptrending. It has outperformed by 12.58% the S&P500.

Analysts await UniFirst Corporation (NYSE:UNF) to report earnings on January, 2. They expect $1.92 earnings per share, up 20.00 % or $0.32 from last year’s $1.6 per share. UNF’s profit will be $36.75 million for 18.77 P/E if the $1.92 EPS becomes a reality. After $2.06 actual earnings per share reported by UniFirst Corporation for the previous quarter, Wall Street now forecasts -6.80 % negative EPS growth.

River Road Asset Management Llc holds 1.18% of its portfolio in UniFirst Corporation for 318,490 shares. Tpg Group Holdings (Sbs) Advisors Inc. owns 500,646 shares or 1.16% of their US portfolio. Moreover, Mesirow Financial Investment Management has 1.05% invested in the company for 64,290 shares. The Tennessee-based New South Capital Management Inc has invested 0.93% in the stock. Martin & Co Inc Tn, a Tennessee-based fund reported 14,687 shares.

Since January 1, 0001, it had 0 insider buys, and 13 sales for $4.38 million activity.

More notable recent UniFirst Corporation (NYSE:UNF) news were published by: Marketwatch.com which released: “Uniform maker UniFirst blasts through estimates – MarketWatch” on October 17, 2018, also Investorplace.com with their article: “4 Notable Dividend Stocks Boost Payouts, Including The TJX Companies Inc – Investorplace.com” published on April 09, 2018, Benzinga.com published: “Earnings Scheduled For October 17, 2018 – Benzinga” on October 17, 2018. More interesting news about UniFirst Corporation (NYSE:UNF) were released by: Prnewswire.com and their article: “The Top 10 Reasons Businesses Should Give the Gift of Employee Uniforms this Holiday Season – PRNewswire” published on November 29, 2018 as well as Globenewswire.com‘s news article titled: “UniFirst Announces Financial Results for the Second Quarter of Fiscal 2018, $146.0 Million Share Repurchase and Quarterly Dividend Increase – GlobeNewswire” with publication date: March 28, 2018.

UniFirst Corporation (NYSE:UNF) Institutional Positions Chart

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