What analysts say:
- Buy, sell, or hold?: Analysts think investors should stand pat on UniFirst, with five out of seven analysts rating it a hold. Analysts don't like UniFirst as much as competitor G&K Services overall. Three out of eight analysts rate G&K Services a buy compared to two out of seven for UniFirst. Analysts haven't adjusted their rating of UniFirst for the past three months.
- Revenue forecasts: On average, analysts predict $303.9 million in revenue this quarter. That would represent a rise of 9.1% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.89 per share. Estimates range from $0.82 to $0.92.
What our community says:
CAPS All-Stars are strongly backing the stock, with 92.9% giving it an outperform rating. Most of the community backs the All-Stars, with 89.2% awarding it a rating of outperform. Though still bullish, the CAPS rating of four out of five stars for UniFirst is a bit more pessimistic than the community assessment.
UniFirst's profit has risen year over year by an average of 2.1% over the past five quarters. Revenue has now gone up for three straight quarters. The company's gross margin shrank by 2.6 percentage points in the last quarter. Revenue rose 14.6% while cost of sales rose 19.5% to $195.1 million from a year earlier.
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