Unifirst has
performance score of 5 on a scale of 0 to 100. The entity has a beta of 1.043, which indicates a somewhat significant risk relative to the market. Let's try to break down what Unifirst's beta means in this case. Unifirst returns are very sensitive to returns on the market. As the market goes up or down, Unifirst is expected to follow. Although it is extremely important to respect
Unifirst current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring
future performance of any stock is to evaluate the business as a whole together with its past performance, including all
available fundamental and
technical indicators. By inspecting
Unifirst technical indicators, you can presently evaluate if the expected return of 0.17% will be sustainable into the future.
Unifirst right now has a risk of 2.25%. Please validate Unifirst
semi variance, and the
relationship between the
treynor ratio and
daily balance of power to decide if Unifirst will be following its existing
price patterns.
What is the right price you would pay to acquire a share of Unifirst? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
What is happening with Unifirst this year
Annual and quarterly reports issued by Unifirst are formal
financial statements that are published yearly and quarterly and sent to Unifirst stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the
Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Unifirst often view their annual report as an effective marketing tool to disseminate their perspective on company
future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.
Unifirst Gross Profit
Unifirst Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Unifirst previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Unifirst Gross Profit growth over the last 10 years. Please check Unifirst's
gross profit and other
fundamental indicators for more details.
Is Unifirst a risky opportunity?
Let's check the volatility. Unifirst is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Unifirst (NYSE:UNF) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. purchasing a share of an Unifirst stock makes you a part-owner of that company.
Unifirst Current Consensus
Here is the latest trade recommendation based on an ongoing consensus estimate among financial analysis covering Unifirst. The Unifirst consensus assessment is calculated by taking the average estimates from all of the analysts covering Unifirst
| Strong Buy | 1 | 25.0 |
| Buy | 0 | 0.0 |
| Hold | 3 | 75.0 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Some Unifirst technical indicators suggest throwback
Market risk adjusted performance is down to 0.18. It may indicate a possible volatility dip. Unifirst currently demonstrates below-verage downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.06. However, we do advice investors to further question Unifirst expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.
Our Final Takeaway
Although some companies under the specialty business services industry are still a bit expensive, Unifirst may offer a potential longer-term growth to shareholders. While some shareholders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Unifirst.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Unifirst. Please refer to our
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