Robert W. Baird analyst Andrew Wittmann maintained a Buy rating on UniFirst (NYSE:UNF) on Thursday, setting a price target of $206, which is approximately 15.12% above the present share price of $178.95.
Wittmann expects UniFirst to post earnings per share (EPS) of $1.90 for the third quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in UniFirst, with an average price target of $187.
The analysts price targets range from a high of $187 to a low of $187.
In its latest earnings report, released on 02/29/2020, the company reported a quarterly revenue of $464.6 million and a net profit of $44.13 million. The company's market cap is $3.27 billion.
According to TipRanks.com, Robert W. Baird analyst Andrew Wittmann is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.6% and a 60.43% success rate.
UniFirst Corp. engages in the design, manufacture, personalization, rental, cleaning, delivery, and sale of a range of uniforms and protective clothing. It operates through following segments: U.S. Rental and Cleaning, Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, First Aid, and Corporate. The U.S. and Canadian Rental and Cleaning segment purchases, rents, cleans, delivers and sells uniforms and protective clothing and non-garment items in the United States and Canada. The Manufacturing segment designs and manufactures uniforms and non-garment items primarily for the purpose of providing these goods to the U.S. and Canadian Rental and Cleaning reporting segment. The Specialty Garments Rental and Cleaning segment sells specialty garments and non-garment items primarily for nuclear and cleanroom applications and provides cleanroom cleaning services at limited customer locations. The First Aid segment provides first aid cabinet services and other safety supplies as well as maintains wholesale distribution and pill packaging operations. The Corporate segment consists of costs associated with its distribution center, sales and marketing, information systems, engineering, materials management, manufacturing planning, finance, budgeting, human resources, other general and administrative costs and interest expense. The company was founded by Aldo Croatti in 1936 and is headquartered in Wilmington, MA.