Stock To Watch: Unifirst Corporation (NYSE:UNF)


The leading market experts have placed a mean price target of $115.50 on Unifirst Corporation (NYSE:UNF) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.74 a share for the upcoming quarter and $5.67 for the current fiscal. Technical View The technical analysis of Unifirst Corporation Common Sto plainly substantiates that the 50-day moving average of Unifirst Corporation Common Sto is $114.23, and stock is hovering 0.54 or +0.47% distant from $114.23. It is noted that the 200-day MA is $108.82, and Unifirst Corporation Common Sto stock is $5.95 or +5.47% off from this point. Unifirst Corporation (NYSE:UNF) 52-week high is $118.87 and the 52-week low is $96.90. This explains if the stock moves $-4.10, it will post a 52-week high. In event of $+18.44% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Unifirst Corporation Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Unifirst Corporation (NYSE:UNF) ratio came in at 19.60. The stock last ended the trading session at $114.77 and registered a market cap of $2.32B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Unifirst Corporation (NYSE:UNF) PEG ratio is at 1.84.

1 Chart Pattern Every Investor Should Know

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