Shares of US Foods Holding Corp. (NYSE:USFD - Get Free Report) have been given an average recommendation of "Buy" by the thirteen brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $76.75.
A number of brokerages have issued reports on USFD. Barclays increased their price target on US Foods from $85.00 to $95.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. UBS Group increased their price target on US Foods from $83.00 to $84.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Citigroup began coverage on US Foods in a research note on Thursday, May 22nd. They set a "buy" rating and a $95.00 price target for the company. Guggenheim reaffirmed a "buy" rating and set a $80.00 price target on shares of US Foods in a research note on Monday, May 12th. Finally, Morgan Stanley increased their price target on US Foods from $81.00 to $84.00 and gave the company an "overweight" rating in a research note on Friday, May 9th.
Read Our Latest Analysis on USFD
US Foods Stock Up 1.5%
NYSE:USFD opened at $76.40 on Friday. The firm has a market capitalization of $17.68 billion, a PE ratio of 35.05, a price-to-earnings-growth ratio of 1.10 and a beta of 1.44. The stock has a 50 day moving average of $72.11 and a 200-day moving average of $69.34. US Foods has a 52 week low of $50.05 and a 52 week high of $79.64. The company has a current ratio of 1.17, a quick ratio of 0.74 and a debt-to-equity ratio of 1.02.
US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.69 by ($0.01). US Foods had a return on equity of 15.58% and a net margin of 1.38%. The business had revenue of $9.35 billion during the quarter, compared to the consensus estimate of $9.42 billion. During the same period last year, the company earned $0.54 earnings per share. The business's quarterly revenue was up 4.5% compared to the same quarter last year. Analysts predict that US Foods will post 3.59 EPS for the current year.
Insider Buying and Selling at US Foods
In other 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 transaction, the executive vice president now directly owns 115,077 shares in the company, valued at approximately $8,630,775. The trade was a 11.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company's stock.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. EntryPoint Capital LLC bought a new stake in shares of US Foods during the fourth quarter valued at approximately $357,000. Longbow Finance SA bought a new stake in shares of US Foods during the fourth quarter valued at approximately $9,001,000. Avantax Advisory Services Inc. increased its position in shares of US Foods by 121.6% during the fourth quarter. Avantax Advisory Services Inc. now owns 11,131 shares of the company's stock valued at $751,000 after purchasing an additional 6,108 shares during the period. Miracle Mile Advisors LLC bought a new stake in shares of US Foods during the first quarter valued at approximately $248,000. Finally, Man Group plc increased its position in shares of US Foods by 307.3% during the fourth quarter. Man Group plc now owns 414,629 shares of the company's stock valued at $27,971,000 after purchasing an additional 312,833 shares during the period. 98.76% of the stock is owned by institutional investors.
US Foods Company Profile
(
Get Free ReportUS 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider US Foods, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and US Foods wasn't on the list.
While US Foods currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
