Unifi, Inc. (NYSE:UFI) Director Robert J. Bishop acquired 1,396 shares of Unifi stock in a transaction that occurred on Friday, February 16th. The stock was acquired at an average price of $35.04 per share, with a total value of $48,915.84. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Unifi, Inc. (NYSE UFI) opened at $34.63 on Wednesday. Unifi, Inc. has a one year low of $26.36 and a one year high of $39.21. The firm has a market cap of $639.32, a P/E ratio of 18.10 and a beta of 0.79. The company has a quick ratio of 2.18, a current ratio of 3.91 and a debt-to-equity ratio of 0.30.
Unifi (NYSE:UFI) last released its quarterly earnings data on Thursday, January 25th. The textile maker reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.04. Unifi had a net margin of 5.97% and a return on equity of 9.72%. The business had revenue of $167.50 million during the quarter, compared to analyst estimates of $159.17 million. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. equities analysts predict that Unifi, Inc. will post 1.95 earnings per share for the current fiscal year.
A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its stake in Unifi by 3.1% in the 4th quarter. BlackRock Inc. now owns 2,094,173 shares of the textile maker’s stock valued at $75,117,000 after buying an additional 62,871 shares in the last quarter. Impala Asset Management LLC boosted its holdings in Unifi by 0.9% in the 4th quarter. Impala Asset Management LLC now owns 1,265,149 shares of the textile maker’s stock valued at $45,381,000 after purchasing an additional 11,169 shares during the period. Victory Capital Management Inc. boosted its holdings in Unifi by 7.0% in the 4th quarter. Victory Capital Management Inc. now owns 1,093,908 shares of the textile maker’s stock valued at $39,238,000 after purchasing an additional 71,626 shares during the period. Vanguard Group Inc. boosted its holdings in Unifi by 3.4% in the 2nd quarter. Vanguard Group Inc. now owns 841,492 shares of the textile maker’s stock valued at $25,918,000 after purchasing an additional 27,563 shares during the period. Finally, LSV Asset Management boosted its holdings in Unifi by 9.2% in the 4th quarter. LSV Asset Management now owns 516,241 shares of the textile maker’s stock valued at $18,517,000 after purchasing an additional 43,300 shares during the period. Institutional investors and hedge funds own 78.99% of the company’s stock.
UFI has been the subject of a number of recent research reports. ValuEngine upgraded shares of Unifi from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research upgraded shares of Unifi from a “sell” rating to a “hold” rating in a research note on Tuesday, December 26th.
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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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