UniFirst Corp (UNF) Stock AnalysisUNFUniFirst Corp

UniFirst Corporation is a uniform rental and facility service company. The Company provides uniforms, protective clothing and custom corporate image apparel and facility service programs to businesses in diverse industries. Its segments include Uniform and Facility Service Solutions, First Aid and Safety Solutions, and Other. Its Uniform and Facility Service Solutions segment designs, manufactures, purchases, rents, cleans, delivers and sells uniforms and protective clothing and non-garment items in the United States and Canada. Its First Aid and Safety Solutions segment sells first aid cabinet services, non-prescription medicines and safety supplies, and provides certain safety training. Its other segment purchases, rents, cleans, delivers and sells specialty garments and non-garment items primarily for nuclear applications. It also rents and sells industrial wiping products, floor mats, facility service products and other non-garment items. It operates in the Industrials sector (SERVICES-PERSONAL SERVICES industry).

UniFirst Corp is currently a hold. The stock is priced at $263, with a recent RSI of 62.05 indicating it is nearing overbought territory. The forward P/E ratio of 19.23 suggests that while there is potential for growth, the stock is not undervalued at this price point. Additionally, insider selling has surged by 41053.61% recently, which raises concerns about insider confidence. The upcoming earnings report on October 21 could provide more clarity on its future performance.

6 analysts cover UNF: 1 rate it Buy, 5 Hold and 0 Sell. The average price target is 177.25.