Unifirst Corporation Intrinsic Value Calculation – AIG Decreases Stock Holdings in UniFirst Corporation by $1.57 Million

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UNIFIRST ($NYSE:UNF): UniFirst Corporation is a leading provider of customized workwear uniform programs and facility service products in the United States and Canada. The company also offers a variety of specialized services including image apparel programs, laundry services, and a unique Rental Service Program. Recently, American International Group Inc. (AIG) has decreased its stock holdings in UniFirst Corporation by $1.57 Million.

It is unclear why AIG made this decision, but it could be due to the company’s current financial situation. Despite this, UniFirst remains a strong and successful business that continues to provide quality products and services to its customers.

Share Price

On Thursday, shares of UNIFIRST CORPORATION (NYSE: UNF) opened at $179.8 and closed at $180.7. Analysts have questioned the reason for AIG’s decreased share holdings, as the company has seen steady growth in recent quarters. Shareholders have noticed the changes and remain wary of the status of the company’s stock. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Unifirst Corporation. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Unifirst Corporation. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Unifirst Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Unifirst Corporation are shown below. More…

Analysis – Unifirst Corporation Intrinsic Value Calculation

GoodWhale has conducted an analysis of UNIFIRST CORPORATION‘s fundamentals, and our proprietary Valuation Line has revealed a fair value of around $220.4 for the company’s share price. However, UNIFIRST CORPORATION stock is currently trading at $180.7, which means that it is undervalued by 18.0%. This presents an opportunity for investors to acquire UNIFIRST CORPORATION stock at a bargain price. In addition, our analysis also shows that UNIFIRST CORPORATION has strong fundamentals and financials, making it an attractive investment option. More…

Peers

Its main competitors are Johnson Service Group PLC, Target Hospitality Corp, and Servizi Italia SpA.

– Johnson Service Group PLC ($LSE:JSG)

The company’s market cap is 421.43M as of 2022, a Return on Equity of 6.15%. The company provides engineering and technical services to customers in the UK, US, Canada, and Australia. It also provides support services to the UK Ministry of Defence.

– Target Hospitality Corp ($NASDAQ:TH)

Hospitality Corp is a leading provider of hospitality services. It has a market cap of 1.13B and a ROE of 43.39%. The company operates in the hotel, restaurant, and tourism industries. Hospitality Corp provides a wide range of services including hotel management, food and beverage management, event planning, and marketing. The company has a strong presence in the United States, Europe, Asia, and the Middle East.

– Servizi Italia SpA ($LTS:0NJ3)

Servizi Italia SpA is a holding company that provides services in the information and communication technology, environmental, and energy sectors in Italy and internationally. The company was founded in 2003 and is based in Rome, Italy. Servizi Italia SpA operates as a subsidiary of Telecom Italia S.p.A.

Summary

UniFirst Corporation is a company specializing in workwear and protective clothing. This suggests that AIG believes UniFirst’s stock is not a smart investment at this time. Other investors may want to review the company’s financials, revenue, and earnings reports to make an informed decision on whether or not to invest in the company.