US Foods Holding Corp. (NYSE:USFD) Receives Average Rating of "Moderate Buy" from Analysts

US Foods Holding Corp. (NYSE:USFD - Get Free Report) has been given an average rating of "Moderate Buy" by the nine ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $54.42.

A number of analysts recently issued reports on the stock. BMO Capital Markets raised their price objective on shares of US Foods from $50.00 to $58.00 and gave the stock an "outperform" rating in a report on Friday, February 16th. StockNews.com upgraded shares of US Foods from a "buy" rating to a "strong-buy" rating in a research note on Friday, February 23rd. Piper Sandler upgraded shares of US Foods from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $45.00 to $59.00 in a research note on Tuesday, February 20th. JPMorgan Chase & Co. lifted their target price on shares of US Foods from $50.00 to $52.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 19th. Finally, Truist Financial lifted their target price on shares of US Foods from $52.00 to $57.00 and gave the stock a "buy" rating in a research note on Tuesday, February 20th.

Insider Buying and Selling at US Foods

In other news, EVP David A. Rickard sold 50,000 shares of the business's stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $52.52, for a total value of $2,626,000.00. Following the completion of the sale, the executive vice president now directly owns 148,561 shares in the company, valued at approximately $7,802,423.72. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On US Foods

A number of hedge funds have recently made changes to their positions in USFD. NewEdge Advisors LLC increased its stake in shares of US Foods by 67.4% in the first quarter. NewEdge Advisors LLC now owns 708 shares of the company's stock worth $26,000 after buying an additional 285 shares during the period. Blue Trust Inc. purchased a new position in shares of US Foods in the fourth quarter worth $30,000. KB Financial Partners LLC purchased a new position in US Foods during the 1st quarter valued at $34,000. GAMMA Investing LLC bought a new position in US Foods in the 4th quarter worth $41,000. Finally, Money Concepts Capital Corp bought a new position in US Foods in the 4th quarter worth $46,000. 98.76% of the stock is currently owned by institutional investors.

US Foods Stock Down 1.0 %

NYSE USFD traded down $0.53 on Friday, hitting $53.97. 1,652,435 shares of the company were exchanged, compared to its average volume of 1,534,338. The company has a market cap of $13.22 billion, a PE ratio of 26.72, a PEG ratio of 0.91 and a beta of 1.58. US Foods has a 12 month low of $35.66 and a 12 month high of $54.94. The stock has a fifty day moving average of $50.18 and a 200-day moving average of $44.81. The company has a current ratio of 1.30, a quick ratio of 0.78 and a debt-to-equity ratio of 0.96.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by ($0.04). US Foods had a net margin of 1.42% and a return on equity of 13.41%. The business had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.81 billion. As a group, analysts forecast that US Foods will post 2.91 earnings per share for the current year.

About US Foods

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.