US Foods Holding Corp. (NYSE:USFD) Receives $71.83 Consensus PT from Brokerages

Shares of US Foods Holding Corp. (NYSE:USFD - Get Free Report) have been assigned a consensus recommendation of "Buy" from the thirteen ratings firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $71.83.

Several equities analysts have commented on USFD shares. Guggenheim reissued a "buy" rating and set a $80.00 price objective on shares of US Foods in a research report on Monday, April 14th. Barclays lifted their target price on shares of US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. Piper Sandler raised their price objective on US Foods from $75.00 to $77.00 and gave the company an "overweight" rating in a research report on Tuesday, February 18th. StockNews.com cut US Foods from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Finally, Morgan Stanley increased their target price on US Foods from $76.00 to $82.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 21st.

US Foods Trading Down 2.1 %

Shares of USFD stock traded down $1.47 during trading hours on Friday, reaching $66.97. The company's stock had a trading volume of 3,288,116 shares, compared to its average volume of 1,998,673. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $15.44 billion, a P/E ratio of 33.15, a P/E/G ratio of 1.03 and a beta of 1.35. The firm's fifty day simple moving average is $64.90 and its 200 day simple moving average is $66.96. US Foods has a one year low of $50.05 and a one year high of $73.19.

US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The company had revenue of $9.49 billion for the quarter, compared to analysts' expectations of $9.47 billion. Equities research analysts expect that US Foods will post 3.59 EPS for the current year.

Insider Buying and Selling at US Foods

In related news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction dated Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now directly owns 4,500 shares of the company's stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by corporate insiders.

Institutional Trading of US Foods

Several hedge funds have recently bought and sold shares of USFD. Colonial Trust Co SC bought a new position in shares of US Foods during the 4th quarter valued at approximately $25,000. GeoWealth Management LLC boosted its position in shares of US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the period. Legacy Investment Solutions LLC purchased a new stake in shares of US Foods in the fourth quarter worth $32,000. EverSource Wealth Advisors LLC raised its position in shares of US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after purchasing an additional 178 shares during the period. Finally, True Wealth Design LLC lifted its stake in shares of US Foods by 153.6% during the 4th quarter. True Wealth Design LLC now owns 492 shares of the company's stock valued at $33,000 after buying an additional 298 shares in the last quarter. Institutional investors own 98.76% of the company's stock.

US Foods Company Profile

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.