US Foods Holding Corp. (NYSE:USFD) Receives $75.92 Average Price Target from Brokerages

Shares of US Foods Holding Corp. (NYSE:USFD - Get Free Report) have been assigned a consensus rating of "Buy" from the thirteen ratings firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $75.92.

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of US Foods from $70.00 to $82.00 and gave the company a "neutral" rating in a report on Tuesday, May 20th. Wall Street Zen raised shares of US Foods from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 24th. Guggenheim reiterated a "buy" rating and issued a $80.00 price objective on shares of US Foods in a report on Monday, May 12th. Citigroup initiated coverage on US Foods in a research report on Thursday, May 22nd. They issued a "buy" rating and a $95.00 price objective for the company. Finally, Barclays lifted their target price on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a research report on Friday, February 14th.

US Foods Trading Up 1.3%

Shares of NYSE USFD traded up $1.03 during midday trading on Wednesday, hitting $78.63. The company's stock had a trading volume of 2,844,658 shares, compared to its average volume of 2,037,995. The business's 50 day moving average is $67.96 and its two-hundred day moving average is $68.39. US Foods has a 12-month low of $50.05 and a 12-month high of $78.71. 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 firm has a market cap of $18.19 billion, a P/E ratio of 38.93, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The business had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. During the same quarter in the prior year, the firm posted $0.54 EPS. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. As a group, equities research analysts expect that US Foods will post 3.59 EPS for the current year.

Insider Activity at US Foods

In related news, EVP Dirk J. Locascio sold 15,000 shares of US Foods stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $75.00, for a total value of $1,125,000.00. Following the completion of the transaction, the executive vice president now directly owns 115,077 shares of the company's stock, valued at $8,630,775. The trade was a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.60% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Colonial Trust Co SC acquired a new position in US Foods during the fourth quarter valued at approximately $25,000. GeoWealth Management LLC increased its holdings in US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock worth $26,000 after buying an additional 189 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in US Foods during the first quarter worth $31,000. EverSource Wealth Advisors LLC lifted its stake in US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after acquiring an additional 178 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of US Foods in the 4th quarter valued at about $32,000. 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.