Weiss Ratings Reaffirms Buy (B+) Rating for US Foods (NYSE:USFD)

Key Points

• Weiss Ratings has reaffirmed a "buy (B+)" rating for US Foods (NYSE:USFD), indicating positive sentiment from the ratings agency.
• US Foods' stock recently traded at $76.82, with a market cap of $17.30 billion and a P/E ratio of 32.82, reflecting its current financial standing.
• The company's latest earnings report showed a quarterly EPS of $1.19, surpassing estimates by $0.05, with a revenue growth of 3.8% compared to the previous year.

US Foods (NYSE:USFD - Get Free Report)'s stock had its "buy (b+)" rating reaffirmed by Weiss Ratings in a research note issued on Tuesday,Weiss Ratings reports.

A number of other research analysts have also issued reports on USFD. Piper Sandler boosted their target price on US Foods from $77.00 to $85.00 and gave the company an "overweight" rating in a report on Tuesday, September 2nd. Wells Fargo & Company reissued an "overweight" rating and issued a $87.00 target price (up previously from $80.00) on shares of US Foods in a report on Friday, August 8th. Wall Street Zen raised US Foods from a "buy" rating to a "strong-buy" rating in a report on Friday, September 5th. JPMorgan Chase & Co. upped their price objective on US Foods from $82.00 to $85.00 and gave the stock a "neutral" rating in a report on Wednesday, June 25th. Finally, Guggenheim upped their price objective on US Foods from $80.00 to $88.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $81.27.

US Foods Stock Performance

NYSE USFD traded up $1.32 on Tuesday, reaching $76.82. The stock had a trading volume of 524,557 shares, compared to its average volume of 2,175,731. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.17. US Foods has a 12-month low of $57.36 and a 12-month high of $85.11. The business's 50-day moving average price is $77.71 and its 200 day moving average price is $75.19. The stock has a market cap of $17.30 billion, a P/E ratio of 32.82, a price-to-earnings-growth ratio of 1.05 and a beta of 1.36.

US Foods (NYSE:USFD - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.14 by $0.05. The business had revenue of $10.08 billion for the quarter, compared to analyst estimates of $10.17 billion. US Foods had a return on equity of 16.86% and a net margin of 1.43%.The company's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, equities analysts expect that US Foods will post 3.59 earnings per share for the current year.

Institutional Trading of US Foods

Several large investors have recently bought and sold shares of the company. Thomasville National Bank acquired a new stake in US Foods in the third quarter valued at $354,000. Nilsine Partners LLC grew its holdings in US Foods by 6.3% in the third quarter. Nilsine Partners LLC now owns 13,214 shares of the company's stock valued at $1,012,000 after purchasing an additional 787 shares during the last quarter. Aaron Wealth Advisors LLC grew its holdings in US Foods by 79.3% in the third quarter. Aaron Wealth Advisors LLC now owns 9,375 shares of the company's stock valued at $718,000 after purchasing an additional 4,145 shares during the last quarter. GAMMA Investing LLC grew its holdings in US Foods by 13.2% in the third quarter. GAMMA Investing LLC now owns 5,309 shares of the company's stock valued at $407,000 after purchasing an additional 617 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in US Foods by 10.3% in the second quarter. Osaic Holdings Inc. now owns 17,691 shares of the company's stock valued at $1,355,000 after purchasing an additional 1,659 shares during the last quarter. Institutional investors and hedge funds 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.

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