Top-Rated Dividend StocksTop-Rated DividendNYSE:SYY Sysco (SYY) Stock Price, News & Analysis $72.85 +0.73 (+1.01%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$72.20▼$73.5250-Day Range$69.16▼$75.3252-Week Range$62.24▼$82.89Volume2.58 million shsAverage Volume3.09 million shsMarket Capitalization$36.28 billionP/E Ratio17.77Dividend Yield2.80%Price Target$85.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Sysco alerts: Email Address Sysco MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside16.7% Upside$85.00 Price TargetShort InterestHealthy2.17% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.02Upright™ Environmental ScoreNews Sentiment0.97Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth6.74%From $4.30 to $4.59 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.84 out of 5 starsConsumer Staples Sector7th out of 136 stocksGroceries & Related Products Industry1st out of 3 stocks 3.4 Analyst's Opinion Consensus RatingSysco has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSysco has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Sysco's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.17% of the float of Sysco has been sold short.Short Interest Ratio / Days to CoverSysco has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sysco has recently increased by 16.13%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldSysco pays a meaningful dividend of 2.87%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSysco has been increasing its dividend for 56 years.Dividend CoverageThe dividend payout ratio of Sysco is 49.76%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sysco will have a dividend payout ratio of 44.44% next year. This indicates that Sysco will be able to sustain or increase its dividend.Read more about Sysco's dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSysco has received a 23.19% net impact score from Upright. Sysco seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Wholesale of nuts", "Wholesale of sweeteners", "Wholesale of baking accessories", "Wholesale of spices and condiments", "Wholesale of alternative protein food products", and "Wholesale of seeds" products. See details.Environmental SustainabilityThe Environmental Impact score for Sysco is -2.02. Previous Next 3.3 News and Social Media Coverage News SentimentSysco has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Sysco this week, compared to 9 articles on an average week.Search Interest21 people have searched for SYY on MarketBeat in the last 30 days. This is an increase of 31% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Sysco to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sysco insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.58% of the stock of Sysco is held by insiders.Percentage Held by Institutions83.41% of the stock of Sysco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Sysco's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Sysco are expected to grow by 6.74% in the coming year, from $4.30 to $4.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sysco is 17.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Sysco is 17.77, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.27.Price to Earnings Growth RatioSysco has a PEG Ratio of 1.91. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSysco has a P/B Ratio of 18.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Sysco's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."Click here to see why Wall Street is in PANIC mode >>> About Sysco Stock (NYSE:SYY)Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; dairy products; beverages; imported specialties; and fresh produce products. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of glassware and silverware; cookware, such as pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing facilities, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas.Read More SYY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SYY Stock News HeadlinesJuly 25 at 2:11 PM | sg.finance.yahoo.com5 US Growth Stalwarts That Dish Out Increasing DividendsJuly 23 at 6:20 PM | finance.yahoo.comWith 85% institutional ownership, Sysco Corporation (NYSE:SYY) is a favorite amongst the big gunsJuly 26, 2024 | Monument Traders Alliance (Ad)This student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.July 22, 2024 | marketwatch.comSysco Corp. stock remains steady Monday, underperforms marketJuly 22, 2024 | seekingalpha.comSysco: Bargain Priced Dividend Aristocrat With Long-Term Growth Potential - Strong BuyJuly 20, 2024 | americanbankingnews.comSysco (NYSE:SYY) Price Target Cut to $87.00July 19, 2024 | markets.businessinsider.comSysco’s Strategic Diversification and Cost Savings Initiatives Support Buy Rating Despite Industry SlowdownJuly 18, 2024 | americanbankingnews.comSysco (NYSE:SYY) Given New $81.00 Price Target at Morgan StanleyJuly 26, 2024 | Monument Traders Alliance (Ad)This student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.July 17, 2024 | americanbankingnews.comBrokerages Set Sysco Co. (NYSE:SYY) PT at $84.90July 5, 2024 | seekingalpha.comSysco: Buy On Robust Dining Out DemandJuly 2, 2024 | insidermonkey.comSysco Corporation (SYY): A Cheap and High-Quality Stock to Buy?June 17, 2024 | gurufocus.comTaking a Closer Look at SyscoJune 6, 2024 | insidermonkey.comIs Sysco Corporation (NYSE:SYY) the Best Large-Cap Dividend Aristocrat Stock?May 31, 2024 | investorplace.comBoring Is Beautiful: 3 Blue-Chip Stocks to Buy and Hold ForeverMay 31, 2024 | investorplace.comThe Retirement Rainmakers: 3 Stocks Delivering Both Income and GrowthMay 28, 2024 | msn.comGuggenheim Upgrades Sysco (SYY)May 28, 2024 | globenewswire.comSysco to Webcast Presentation at the Deutsche Bank Access Global Consumer Conference 2024See More Headlines Receive SYY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sysco and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/30/2024Ex-Dividend for 7/26 Dividend7/05/2024Today7/26/2024Dividend Payable7/26/2024Next Earnings (Confirmed)7/30/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Staples Industry Groceries & related products Sub-IndustryFood Distributors Current SymbolNYSE:SYY CUSIP87182910 CIK96021 Webwww.sysco.com Phone(281) 584-1390Fax281-584-1390Employees72,000Year Founded1969Price Target and Rating Average Stock Price Target$85.00 High Stock Price Target$90.00 Low Stock Price Target$79.00 Potential Upside/Downside+16.7%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.10 Trailing P/E Ratio17.77 Forward P/E Ratio16.94 P/E Growth1.91Net Income$1.77 billion Net Margins2.66% Pretax Margin3.49% Return on Equity99.88% Return on Assets9.03% Debt Debt-to-Equity Ratio5.77 Current Ratio1.34 Quick Ratio0.77 Sales & Book Value Annual Sales$76.32 billion Price / Sales0.48 Cash Flow$5.96 per share Price / Cash Flow12.22 Book Value$3.96 per share Price / Book18.40Miscellaneous Outstanding Shares497,980,000Free Float495,094,000Market Cap$36.28 billion OptionableOptionable Beta1.18 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Kevin P. Hourican (Age 50)President, CEO & Director Comp: $3.27MMr. Kenny K. Cheung (Age 42)CFO & Executive VP Comp: $937.45kMr. Greg D. Bertrand (Age 60)Executive VP & Global Chief Operating Officer Comp: $1.75MMr. Thomas R. Peck Jr. (Age 56)Executive VP, Chief Information & Digital Officer Comp: $1.38MMr. Neil A. Russell (Age 53)SVP & Chief Administrative Officer Comp: $1.09MMs. Jennifer L. Johnson (Age 51)Senior VP & Chief Accounting Officer Mr. Kevin J. KimVice President of Investor RelationsMs. Eve M. Mcfadden (Age 47)Senior VP of Legal, General Counsel & Corporate Secretary Mr. Jose ColondresVice President of ComplianceMr. Ronald L. Phillips (Age 58)Executive VP & Chief HR Officer More ExecutivesKey CompetitorsAndersonsNASDAQ:ANDEChefs' WarehouseNASDAQ:CHEFUnited Natural FoodsNYSE:UNFISpartanNashNASDAQ:SPTNDomino's PizzaNYSE:DPZView All CompetitorsInsiders & InstitutionsHyman Charles DSold 275 shares on 7/26/2024Ownership: 0.003%Harbour Investments Inc.Bought 181 shares on 7/26/2024Ownership: 0.001%Atomi Financial Group Inc.Sold 408 shares on 7/26/2024Ownership: 0.001%Catalyst Financial Partners LLCBought 266 shares on 7/26/2024Ownership: 0.001%Latitude Advisors LLCBought 247 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Sysco Stock? SYY Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Sysco Co.: Sysco Co. stock price is currently at $81.33, showing potential for growth. Recent quarterly earnings report beat consensus estimates, indicating strong financial performance. Positive analyst ratings with an average rating of "Moderate Buy" and a consensus price target of $85.10. Stable revenue growth of 3.7% year-over-year, showcasing consistent business performance. Low debt-to-equity ratio of 5.00, indicating a healthy financial structure. Cons Investors should be bearish about investing in Sysco Co. for these reasons: Recent reduction in price targets by various analysts, signaling potential market concerns. Decline in stock price by 0.5% on the latest trading day, indicating short-term volatility. Market capitalization of $40.49 billion may limit rapid growth opportunities. Current P/E ratio of 19.72 may suggest the stock is slightly overvalued. Beta of 1.16 indicates moderate volatility compared to the market average. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Sysco pros and cons to contact@marketbeat.com. SYY Stock Analysis - Frequently Asked Questions How have SYY shares performed this year? Sysco's stock was trading at $73.13 at the beginning of the year. Since then, SYY stock has decreased by 0.4% and is now trading at $72.85. View the best growth stocks for 2024 here. How were Sysco's earnings last quarter? Sysco Co. (NYSE:SYY) released its quarterly earnings data on Tuesday, April, 30th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.01. Sysco's revenue for the quarter was up 2.7% on a year-over-year basis. Read the conference call transcript. What is Kevin Hourican's approval rating as Sysco's CEO? 112 employees have rated Sysco Chief Executive Officer Kevin Hourican on Glassdoor.com. Kevin Hourican has an approval rating of 66% among the company's employees. Does Sysco have any subsidiaries? The following companies are subsidiaries of Sysco: Upsys, J. Kings Food Service Professionals, J & M Wholesale Meats, Waugh Foods, Doerle Food Service, Supplies on the Fly, North Star Seafood, and more. Who are Sysco's major shareholders? Sysco's top institutional shareholders include Bank of New York Mellon Corp (1.08%), Raymond James & Associates (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.23%) and Meyer Handelman Co. (0.11%). Insiders that own company stock include Kevin Hourican, Greg D Bertrand, Neil Russell, Aaron E Alt, Sheila Talton, James Chris Jasper, Cathy Marie Robinson and Anita A Zielinski. View institutional ownership trends. How do I buy shares of Sysco? Shares of SYY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Sysco own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sysco investors own include Johnson & Johnson (JNJ), AT&T (T), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Intel (INTC) and Coca-Cola (KO). This page (NYSE:SYY) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. 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