UNF icon

Unifirst Corp

220.70 USD
+0.00
0.00%
At close Jan 10, 4:00 PM EST
After hours
220.00
-0.70
0.32%
1 day
0.00%
5 days
28.90%
1 month
13.48%
3 months
19.59%
6 months
32.79%
Year to date
29.58%
1 year
28.97%
5 years
6.50%
10 years
91.86%
 

About: UniFirst Corp provides workplace uniforms, protective clothing, and other workplace products and services to businesses in the United States, Canada, and Europe. The U.S. and Canadian Rental and Cleaning segment that accounts for the majority of the company engages in sales rents and sells clothing and non-garment items, and offers a cleaning service that delivers clean uniforms when it picks up dirty or contaminated ones. Manufacturing segment designs and manufactures uniforms and non-garment items. Specialty garments rental and cleaning segment provides specialty garments, non-garments, and cleaning services for nuclear and classroom applications. The First Aid segment provides safety supplies and pill packaging. The Corporate segment consists of various associated costs.

Employees: 16,000

0
Funds holding %
of 6,814 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

11% more capital invested

Capital invested by funds: $2.61B [Q2] → $2.91B (+$299M) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 96

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

3% less funds holding

Funds holding: 271 [Q2] → 264 (-7) [Q3]

3.82% less ownership

Funds ownership: 101.16% [Q2] → 97.34% (-3.82%) [Q3]

11% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 37

32% less call options, than puts

Call options by funds: $457K | Put options by funds: $675K

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$200
9%
downside
Avg. target
$218
1%
downside
High target
$235
6%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
UBS
Joshua Chan
50% 1-year accuracy
7 / 14 met price target
6%upside
$235
Neutral
Maintained
9 Jan 2025
Baird
Andrew Wittmann
75% 1-year accuracy
24 / 32 met price target
9%downside
$200
Neutral
Maintained
24 Oct 2024

Financial journalist opinion

Based on 13 articles about UNF published over the past 30 days

Positive
Zacks Investment Research
2 days ago
UniFirst Q1 Earnings Surpass Estimates, Revenues Rise Y/Y
UNF's first-quarter fiscal 2025 results benefit from higher revenues from the Core Laundry Operations segment.
UniFirst Q1 Earnings Surpass Estimates, Revenues Rise Y/Y
Negative
Seeking Alpha
2 days ago
UniFirst Corporation: Poor Near-Term Fundamental Outlook, But Valuation Likely To Be Rangebound
I recommend a Hold rating for UniFirst Corporation. UNF reported 1.9% y/y revenue growth, but declining net wearer levels and a challenging pricing environment are concerns. Elevated operating expenses from technology and ERP investments may negatively impact near-term margins.
UniFirst Corporation: Poor Near-Term Fundamental Outlook, But Valuation Likely To Be Rangebound
Neutral
Seeking Alpha
4 days ago
UniFirst Corporation (UNF) Q1 2025 Earnings Call Transcript
UniFirst Corporation (NYSE:UNF ) Q1 2025 Earnings Call Transcript January 8, 2025 9:00 AM ET Company Participants Steven Sintros - President and CEO Shane O'Connor - EVP and CFO Conference Call Participants Andrew Wittmann - Baird Ronan Kennedy - Barclays Kartik Mehta - Northcoast Research Josh Chan - UBS Tim Mulrooney - William Blair Operator Good day and thank you for standing by. Welcome to the First Quarter 2025 UniFirst Earnings Conference Call.
UniFirst Corporation (UNF) Q1 2025 Earnings Call Transcript
Neutral
Zacks Investment Research
4 days ago
UniFirst (UNF) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for UniFirst (UNF) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
UniFirst (UNF) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Positive
Zacks Investment Research
4 days ago
UniFirst (UNF) Q1 Earnings and Revenues Beat Estimates
UniFirst (UNF) came out with quarterly earnings of $2.40 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.38 per share a year ago.
UniFirst (UNF) Q1 Earnings and Revenues Beat Estimates
Neutral
GlobeNewsWire
4 days ago
Unifirst Announces Financial Results for the First Quarter of Fiscal 2025
WILMINGTON, Mass., Jan. 08, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its first quarter ended November 30, 2024 as compared to the corresponding period in the prior fiscal year:
Unifirst Announces Financial Results for the First Quarter of Fiscal 2025
Neutral
GlobeNewsWire
5 days ago
UniFirst Confirms Rejection of Unsolicited, Non-Binding and Highly Conditional Acquisition Proposal from Cintas Corporation
WILMINGTON, Mass., Jan. 07, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”) today confirmed that in November and December 2024, its Board of Directors received and unanimously rejected an unsolicited, non-binding and highly conditional proposal from Cintas Corporation to acquire all outstanding common and Class B shares of UniFirst for $275.00 per share.
UniFirst Confirms Rejection of Unsolicited, Non-Binding and Highly Conditional Acquisition Proposal from Cintas Corporation
Neutral
Business Wire
5 days ago
Cintas Proposes to Acquire UniFirst for $275.00 Per Share in Cash
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it submitted a proposal to the Board of Directors of UniFirst Corporation (NYSE: UNF) to acquire all outstanding common and class B shares of UniFirst for $275.00 per share (the “Proposal”) in cash. The Proposal implies a total value for UniFirst of approximately $5.3 billion and offers UniFirst shareholders a 46% premium to UniFirst's ninety-day average closing price as of January 6, 2025. The Proposal was init.
Cintas Proposes to Acquire UniFirst for $275.00 Per Share in Cash
Positive
Barrons
5 days ago
UniFirst Stock Up 40% After Report Says Cintas Made a $5.1 Billion Takeover Offer
Cintas is proposing to pay $275 per share for all of Unifirst's outstanding common and Class B shares, according to the report.
UniFirst Stock Up 40% After Report Says Cintas Made a $5.1 Billion Takeover Offer
Positive
WSJ
5 days ago
Cintas Makes $5.1 Billion Takeover Offer for Uniform Supplier UniFirst
For Cintas, a deal would allow the combined companies to serve more customers and make greater use of its recent investments in technology and infrastructure.
Cintas Makes $5.1 Billion Takeover Offer for Uniform Supplier UniFirst
Charts implemented using Lightweight Charts™