Unifirst Stock In The News

UNF Stock  USD 155.91  0.25  0.16%   
The overall news coverage of Unifirst from major news outlets shows bullish sentiment on 7 news articles, blog posts, and TV commentaries analyzed in the last few months. Our overall analysis of Unifirst's news coverage and content from conventional and social sources shows investors' bearish mood towards Unifirst. The specific impact of Unifirst news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Unifirst's overall financial health and prospects. It also depends on the type and quality of a news publisher.
  
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Unifirst headlines in addition to utilizing other, more conventional financial analysis modules. Check out Unifirst Backtesting and Unifirst Hype Analysis.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.

Unifirst Today Top News and Investor Outlook

Yahoo News
Wall Street Analysts See Upside Potential for 10 Stocks with Rising Price Targets
https://finance.yahoo.com/news/wall-street-analysts-see-upside-002417714.html
 Bullish
Yahoo News
UniFirst Corporation Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
https://finance.yahoo.com/news/unifirst-corporation-just-missed-eps-132413609.html
 Bullish
Yahoo News
UniFirst Corporation (NYSE:UNF) Q2 2024 Earnings Call Transcript
https://finance.yahoo.com/news/unifirst-corporation-nyse-unf-q2-142736483.html
 Bullish
Yahoo News
Here's What Key Metrics Tell Us About Unifirst (UNF) Q2 Earnings
https://finance.yahoo.com/news/heres-key-metrics-tell-us-140003432.html
 Bullish
Yahoo News
UniFirst Corp (UNF) Posts Solid Q2 Earnings, Surpassing Revenue Estimates
https://finance.yahoo.com/news/unifirst-corp-unf-posts-solid-133235008.html
 Bullish
sbwire news
UNF Stock Earnings: UniFirst Misses EPS, Beats Revenue for Q2 2024
https://investorplace.com/earning-results/2024/03/unf-stock-earnings-unifirst-for-q2-of-2024/
 Neutral
Yahoo News
UniFirst Corporation Plans to Announce Second Quarter Results on March 27, 2024
https://finance.yahoo.com/news/unifirst-corporation-plans-announce-second-154500724.html
 Neutral
Yahoo News
When Should You Buy UniFirst Corporation (NYSE:UNF)?
https://finance.yahoo.com/news/buy-unifirst-corporation-nyse-unf-101826382.html
 Bullish
Yahoo News
UniFirst Corporation (NYSE:UNF) Is Up But Financials Look Inconsistent: Which Way Is The Stock Headed?
https://finance.yahoo.com/news/unifirst-corporation-nyse-unf-financials-192042232.html
 Neutral
Yahoo News
Optimism for UniFirst (NYSE:UNF) has grown this past week, despite five-year decline in earnings
https://finance.yahoo.com/news/optimism-unifirst-nyse-unf-grown-123521537.html
 Bullish

Unifirst Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Unifirst and other traded companies coverage. We help investors stay connected with Unifirst headlines for the 19th of April to make an informed investment decision based on correlating the impacts of news items on Unifirst Stock performance. Please note that trading solely based on the Unifirst hype is not for everyone as timely availability and quick action are needed to avoid losses.
Unifirst's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Unifirst investors visualize upcoming and past events in order to time the market based on Unifirst noise-free hype analysis.
Unifirst stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Unifirst earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Unifirst that are available to investors today. That information is available publicly through Unifirst media outlets and privately through word of mouth or via Unifirst internal channels. However, regardless of the origin, that massive amount of Unifirst data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Unifirst news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Unifirst relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Unifirst's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Unifirst alpha.

Unifirst Largest EPS Surprises

Earnings surprises can significantly impact Unifirst's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2003-04-02
2003-02-280.180.20.0211 
2001-03-29
2001-02-280.230.260.0313 
2000-06-29
2000-05-310.250.280.0312 
2000-03-30
2000-02-290.250.2-0.0520 
1999-07-01
1999-05-310.430.38-0.0511 
2007-06-27
2007-05-310.640.710.0710 
View All Earnings Estimates

Unifirst Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Unifirst Stock. The global stock market is bullish. About 66% of major world exchanges and indexes are currently up. See today's market update for more information.
Google News at Macroaxis
17th of April 2024
SG Americas Securities LLC Lowers Position in UniFirst Co. - MarketBeat
at news.google.com 
Google News at Macroaxis
9th of April 2024
Did You Miss UniFirsts Impressive 106 percent Share Price Gain - Yahoo Lifestyle UK
at news.google.com 
Yahoo News
4th of April 2024
Are Uniform Rental Programs Worth It
at finance.yahoo.com 
prnewswire News
2nd of April 2024
No. 9 UniFirst Chevy to sport ruby red scheme at Martinsville Raceway for Hendrick Motorsp...
at prnewswire.com 
Gurufocus Stories at Macroaxis
28th of March 2024
Q2 2024 UniFirst Corp Earnings Call Transcript
at gurufocus.com 
Yahoo News
27th of March 2024
UniFirst Fiscal Q2 Earnings Snapshot
at finance.yahoo.com 
Investing News at Macroaxis
26th of March 2024
Xos completes acquisition of ElectraMeccanica
at investing.com 
Google News at Macroaxis
8th of February 2024
UniFirst Downgraded by StockNews.com - MarketBeat
at news.google.com 

Unifirst Investors Sentiment

The influence of Unifirst's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Unifirst. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Unifirst's public news can be used to forecast risks associated with an investment in Unifirst. The trend in average sentiment can be used to explain how an investor holding Unifirst can time the market purely based on public headlines and social activities around Unifirst. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Unifirst's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Unifirst's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Unifirst's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Unifirst.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Unifirst in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Unifirst's short interest history, or implied volatility extrapolated from Unifirst options trading.
When determining whether Unifirst is a strong investment it is important to analyze Unifirst's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Unifirst's future performance. For an informed investment choice regarding Unifirst Stock, refer to the following important reports:
Check out Unifirst Backtesting and Unifirst Hype Analysis.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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Is Unifirst's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Unifirst. If investors know Unifirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Unifirst listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.147
Dividend Share
1.28
Earnings Share
6.12
Revenue Per Share
124.742
Quarterly Revenue Growth
0.088
The market value of Unifirst is measured differently than its book value, which is the value of Unifirst that is recorded on the company's balance sheet. Investors also form their own opinion of Unifirst's value that differs from its market value or its book value, called intrinsic value, which is Unifirst's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Unifirst's market value can be influenced by many factors that don't directly affect Unifirst's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Unifirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifirst's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.