Company’s 36-month beta value is 0.74.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for UFI is 14.15M, and currently, short sellers hold a 2.03% ratio of that floaft. The average trading volume of UFI on May 10, 2024 was 69.06K shares.
UFI) stock’s latest price update
UNIFI, Inc. (NYSE: UFI)’s stock price has gone rise by 16.30 in comparison to its previous close of 5.52, however, the company has experienced a 9.74% increase in its stock price over the last five trading days. Seeking Alpha reported 2024-02-01 that Unifi, Inc. (UFI) Q2 2024 Earnings Call Transcript
UFI’s Market Performance
UFI’s stock has risen by 9.74% in the past week, with a monthly rise of 10.69% and a quarterly rise of 9.00%. The volatility ratio for the week is 6.73% while the volatility levels for the last 30 days are 3.65% for UNIFI, Inc. The simple moving average for the past 20 days is 12.17% for UFI’s stock, with a -0.24% simple moving average for the past 200 days.
Analysts’ Opinion of UFI
Northland Capital, on the other hand, stated in their research note that they expect to see UFI reach a price target of $21. The rating they have provided for UFI stocks is “Outperform” according to the report published on December 15th, 2020.
Sidoti gave a rating of “Buy” to UFI, setting the target price at $18 in the report published on March 18th of the previous year.
UFI Trading at 11.45% from the 50-Day Moving Average
After a stumble in the market that brought UFI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.43% of loss for the given period.
Volatility was left at 3.65%, however, over the last 30 days, the volatility rate increased by 6.73%, as shares surge +10.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.93% upper at present.
During the last 5 trading sessions, UFI rose by +9.74%, which changed the moving average for the period of 200-days by -20.15% in comparison to the 20-day moving average, which settled at $5.75. In addition, UNIFI, Inc. saw -3.60% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UFI starting from LANGONE KENNETH G, who purchase 500,000 shares at the price of $5.75 back on Dec 22 ’23. After this action, LANGONE KENNETH G now owns 2,321,306 shares of UNIFI, Inc., valued at $2,875,000 using the latest closing price.
INCLUSIVE CAPITAL PARTNERS, L., the 10% Owner of UNIFI, Inc., sale 171,642 shares at $6.52 during a trade that took place back on Nov 28 ’23, which means that INCLUSIVE CAPITAL PARTNERS, L. is holding 1,686,887 shares at $1,118,265 based on the most recent closing price.
Stock Fundamentals for UFI
Current profitability levels for the company are sitting at:
- -0.08 for the present operating margin
- 0.03 for the gross margin
The net margin for UNIFI, Inc. stands at -0.09. The total capital return value is set at -0.11. Equity return is now at value -19.16, with -11.35 for asset returns.
Based on UNIFI, Inc. (UFI), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at -0.0. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is -4.75.
Currently, EBITDA for the company is -10.68 million with net debt to EBITDA at -10.28. When we switch over and look at the enterprise to sales, we see a ratio of 0.38. The receivables turnover for the company is 7.69for trailing twelve months and the total asset turnover is 1.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.24.
Conclusion
In a nutshell, UNIFI, Inc. (UFI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
