Unifirst Story

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UNF -- USA Stock  

USD 229.38  0.03  0.0131%

Unifirst Corp Long Term Debt to Equity is projected to slightly decrease based on the last few years of reporting. The past year's Long Term Debt to Equity was at 0.000176. The current year Calculated Tax Rate is expected to grow to 32.18, whereas Revenue Per Employee is forecasted to decline to about 115.9 K. In spite of rather sound basic indicators, Unifirst Corp is not utilizing all of its potentials. The newest stock price tumult, may contribute to a shorter-term swings for the shareholders. Unifirst Corp current probability of financial unrest is under 1 percent. Will shareholders continue to be optimistic, or should we expect a sell-off?
Published over two weeks ago
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Are shareholders happy with Unifirst Corp (NYSE:UNF) basic indicators?
Unifirst Corp has performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.0132, which indicates not very significant fluctuations relative to the market. Let's try to break down what Unifirst's beta means in this case. As returns on the market increase, Unifirst Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Unifirst Corp will be expected to be smaller as well. Although it is extremely important to respect Unifirst Corp 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 Corp technical indicators, you can presently evaluate if the expected return of 0.0972% will be sustainable into the future. Unifirst Corp right now has a risk of 1.88%. Please validate Unifirst Corp semi variance, and the relationship between the treynor ratio and daily balance of power to decide if Unifirst Corp will be following its existing price patterns.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Unifirst Corp income statement, its balance sheet, and the statement of cash flows. Potential Unifirst Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Unifirst Corp investors may use each financial statement separately, they are all related. The changes in Unifirst Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Unifirst Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Unifirst Corp fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Unifirst Corp performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Unifirst Corp shares is the value that is considered the true value of the share. If the intrinsic value of Unifirst is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Unifirst Corp.
Please read more on our fundamental analysis page.

What is Unifirst Asset Breakdown?

Unifirst Corp reports assets on its Balance Sheet. It represents the amount of Unifirst resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect Unifirst volatility, please check the breakdown of all its fundamentals

Are Unifirst Corp Earnings Expected to grow?

The future earnings power of Unifirst Corp involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Unifirst Corp factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Unifirst Corp stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Unifirst expected earnings.

And What about dividends?

A dividend is the distribution of a portion of Unifirst Corp earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Unifirst Corp dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Unifirst one year expected dividend income is about $0.41 per share.
The current year Dividend Yield is expected to grow to 0.002361, whereas Payment of Dividends and Other Cash Distributions is forecasted to decline to (3.5 M).
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-3.3 M-3.5 M
Dividend Yield 0.0023  0.002361 
Dividends per Basic Common Share 0.18  0.18 
Investing in dividend-paying stocks, such as Unifirst Corp is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Unifirst Corp must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Unifirst Corp. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

Unifirst Corp Gross Profit

Unifirst Corp 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 Corp 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 Corp Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Breaking it down a bit more

Institutional investors typically avoid acquiring a high percentage of Unifirst Corp stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of Unifirst is distributed among investors.

Ownership Allocation

Unifirst Corp maintains a total of 15.21 Million outstanding shares. The majority of Unifirst Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Unifirst Corp to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Unifirst Corp. Please pay attention to any change in the institutional holdings of Unifirst Corp as this could imply that something significant has changed or about to change at the company. Also note that roughly three hundred four thousand two hundred invesors are currently shorting Unifirst Corp expressing very little confidence in its future performance.


Institutions
100.84%
Retail Investors-1.92
Insiders1.08
Institutions100.84

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Unifirst Corp has an asset utilization ratio of 105.17 percent. This indicates that the company is making $1.05 for each dollar of assets. An increasing asset utilization means that Unifirst Corp is more efficient with each dollar of assets it utilizes for everyday operations.


Current Assets
761.6 M
Assets Non Current
660 M
Current Assets761.64 Million44.36
Assets Non Current659.96 Million38.44
Goodwill286.97 Million16.71
Tax Assets8.49 Million0.49

Unifirst Corp has a good chance to finish above $227 in 2 months

Latest mean deviation is at 1.37. Unifirst Corp has relatively low volatility with skewness of 0.14 and kurtosis of 2.59. However, we advise all investors to independently investigate Unifirst Corp to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Unifirst Corp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Unifirst Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Take On Unifirst Corp

Although some other companies within the specialty business services industry are still a little expensive, even after the recent corrections, Unifirst Corp may offer a potential longer-term growth to shareholders. Taking everything into account, as of the 31st of March 2021, our primary 30 days buy-or-sell advice on the firm is Strong Buy. We believe Unifirst Corp is undervalued with very small chance of distress for the next two years.

About Contributor

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 Achuva Shats do not own shares of Unifirst Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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