US Foods (NYSE:USFD) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded US Foods from “hold” to “buy,” joining a broader positive analyst outlook. Eleven analysts rate the stock a Buy and four rate it a Hold, with a consensus price target of $113.92.
• US Foods recently exceeded quarterly expectations, reporting $1.44 in adjusted EPS versus the $1.36 consensus and $10.53 billion in revenue, up 4.5% year over year.
• USFD shares opened at $108.72, near their 52-week high of $111.42, while two insiders sold a combined 33,384 shares. Institutional investors own approximately 98.76% of the company.

US Foods (NYSE:USFD - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Saturday.

USFD has been the topic of several other research reports. Piper Sandler upped their price target on US Foods from $88.00 to $108.00 and gave the company a "neutral" rating in a research note on Wednesday. TD Cowen raised their price objective on US Foods from $116.00 to $119.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Zacks Research upgraded shares of US Foods from a "strong sell" rating to a "hold" rating in a report on Tuesday, July 28th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of US Foods in a research report on Wednesday, July 29th. Finally, Wells Fargo & Company increased their target price on shares of US Foods from $110.00 to $125.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $113.92.

US Foods Stock Down 1.2%

Shares of NYSE USFD opened at $108.72 on Friday. The company has a market capitalization of $23.52 billion, a P/E ratio of 33.45, a P/E/G ratio of 1.42 and a beta of 0.81. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70. The company has a 50 day simple moving average of $99.16 and a 200-day simple moving average of $92.86. US Foods has a 1 year low of $69.88 and a 1 year high of $111.42.

US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.44 EPS for the quarter, beating analysts' consensus estimates of $1.36 by $0.08. The firm had revenue of $10.53 billion for the quarter, compared to analysts' expectations of $10.46 billion. US Foods had a return on equity of 20.53% and a net margin of 1.81%.The firm's quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities research analysts predict that US Foods will post 4.35 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider William Spencer Hancock sold 21,754 shares of the firm's stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the transaction, the insider directly owned 101,144 shares in the company, valued at $10,952,883.76. This trade represents a 17.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Randy J. Taylor sold 11,630 shares of US Foods stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the transaction, the insider directly owned 73,618 shares of the company's stock, valued at approximately $8,125,218.66. This represents a 13.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.74% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Orion Porfolio Solutions LLC increased its stake in US Foods by 1.4% during the 4th quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company's stock worth $535,000 after buying an additional 101 shares during the period. Choreo LLC boosted its position in US Foods by 2.4% in the 4th quarter. Choreo LLC now owns 5,707 shares of the company's stock valued at $433,000 after buying an additional 133 shares during the period. Crossmark Global Holdings Inc. boosted its position in US Foods by 0.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company's stock valued at $1,383,000 after buying an additional 134 shares during the period. Root Financial Partners LLC boosted its position in US Foods by 22.4% in the 4th quarter. Root Financial Partners LLC now owns 840 shares of the company's stock valued at $63,000 after buying an additional 154 shares during the period. Finally, Brooklyn Investment Group grew its stake in shares of US Foods by 0.9% in the fourth quarter. Brooklyn Investment Group now owns 18,469 shares of the company's stock worth $1,413,000 after acquiring an additional 157 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.

US Foods Company Profile

US Foods NYSE: USFD is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source