Media headlines about Unifi (NYSE:UFI) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Unifi earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the textile maker an impact score of 47.7316913599894 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
Unifi (UFI) traded down $0.71 during mid-day trading on Friday, reaching $35.82. The company’s stock had a trading volume of 77,543 shares, compared to its average volume of 42,168. The company has a quick ratio of 1.83, a current ratio of 3.39 and a debt-to-equity ratio of 0.29. The company has a market cap of $654.36, a PE ratio of 20.47 and a beta of 0.84. Unifi has a 1 year low of $26.02 and a 1 year high of $39.21.
Unifi (NYSE:UFI) last released its earnings results on Monday, October 23rd. The textile maker reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. The company had revenue of $164.24 million for the quarter, compared to analyst estimates of $163.42 million. Unifi had a return on equity of 9.53% and a net margin of 4.98%. Unifi’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 EPS. equities research analysts expect that Unifi will post 1.98 earnings per share for the current fiscal year.
Several research analysts have weighed in on the company. Zacks Investment Research cut Unifi from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. ValuEngine cut Unifi from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, CJS Securities assumed coverage on Unifi in a research report on Wednesday, September 20th. They set an “outperform” rating and a $42.00 price objective on the stock.
In related news, Director Kenneth G. Langone bought 5,949 shares of Unifi stock in a transaction dated Monday, October 30th. The shares were bought at an average cost of $37.74 per share, with a total value of $224,515.26. Following the acquisition, the director now owns 1,120,000 shares in the company, valued at approximately $42,268,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert J. Bishop bought 5,742 shares of Unifi stock in a transaction dated Thursday, November 30th. The shares were bought at an average cost of $36.53 per share, for a total transaction of $209,755.26. Following the completion of the acquisition, the director now owns 10,288 shares in the company, valued at approximately $375,820.64. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 17,118 shares of company stock worth $622,913. 15.40% of the stock is currently owned by insiders.
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Unifi Company Profile
Unifi, Inc is a manufacturing company. The Company processes and sells commodity yarns, specialized yarns and premier value-added (PVA) yarns. The Company operates through three segments: Polyester segment, Nylon segment and International segment. The Company’s polyester products include polyester polymer beads (Chip), partially oriented yarn (POY), textured, solution and package dyed, twisted, beamed and draw wound yarns.
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