NYSE:SYY - SYSCO Stock Price, News, & Analysis

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$73.29 +0.37 (+0.51 %)
(As of 09/21/2018 09:08 AM ET)
Previous Close$72.92
Today's Range$72.78 - $73.51
52-Week Range$52.30 - $75.98
Volume1.63 million shs
Average Volume2.85 million shs
Market Capitalization$37.90 billion
P/E Ratio23.34
Dividend Yield1.97%
Beta0.54
SYSCO logoSysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, and SYGMA. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware, which include pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. As of June 30, 2018, it operated 332 distribution facilities in North America and Europe. Sysco Corporation was founded in 1969 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Groceries & related products
Sub-IndustryFood Distributors
SectorConsumer Staples
SymbolNYSE:SYY
CUSIP87182910
Phone281-584-1390

Debt

Debt-to-Equity Ratio3.01
Current Ratio1.21
Quick Ratio0.74

Price-To-Earnings

Trailing P/E Ratio23.34
Forward P/E Ratio21.00
P/E Growth1.97

Sales & Book Value

Annual Sales$58.73 billion
Price / Sales0.65
Cash Flow$4.7345 per share
Price / Cash15.48
Book Value$4.81 per share
Price / Book15.24

Profitability

EPS (Most Recent Fiscal Year)$3.14
Net Income$1.43 billion
Net Margins2.44%
Return on Equity68.15%
Return on Assets8.70%

Miscellaneous

Employees67,000
Outstanding Shares519,780,000
Market Cap$37.90 billion

SYSCO (NYSE:SYY) Frequently Asked Questions

What is SYSCO's stock symbol?

SYSCO trades on the New York Stock Exchange (NYSE) under the ticker symbol "SYY."

How often does SYSCO pay dividends? What is the dividend yield for SYSCO?

SYSCO announced a quarterly dividend on Friday, July 27th. Shareholders of record on Friday, October 5th will be paid a dividend of $0.36 per share on Friday, October 26th. This represents a $1.44 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Thursday, October 4th. View SYSCO's Dividend History.

How were SYSCO's earnings last quarter?

SYSCO Co. (NYSE:SYY) announced its quarterly earnings data on Monday, August, 13th. The company reported $0.94 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.93 by $0.01. The firm had revenue of $15.32 billion for the quarter, compared to analysts' expectations of $15.30 billion. SYSCO had a return on equity of 68.15% and a net margin of 2.44%. SYSCO's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $0.72 earnings per share. View SYSCO's Earnings History.

When is SYSCO's next earnings date?

SYSCO is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for SYSCO.

What price target have analysts set for SYY?

10 Wall Street analysts have issued 1-year price targets for SYSCO's shares. Their predictions range from $61.00 to $86.00. On average, they anticipate SYSCO's share price to reach $72.5455 in the next year. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for SYSCO.

What is the consensus analysts' recommendation for SYSCO?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SYSCO.

What are Wall Street analysts saying about SYSCO stock?

Here are some recent quotes from research analysts about SYSCO stock:
  • 1. According to Zacks Investment Research, "Sysco surpassed the industry in a year, driven by strength in its U.S. Foodservice unit. Also, the company is gaining from its solid brand portfolio, digital initiatives and focus on buyouts. Further, Sysco is on track with its cost-savings plan and key goals for 2020. Such endeavors helped the company retain its stellar record in second-quarter fiscal 2018, wherein both the top and bottom line grew year over year. However, Sysco’s European business continued to struggle with higher costs related to transformation efforts. Also, the company continues to bear the brunt of higher inbound freight costs, stemming from driver availability challenges in the industry. Moreover, Sysco’s international unit remains challenged with cost inflation in the U.K., driven by higher product costs and currency movements. Nonetheless, management's second half outlook looks encouraging. Estimates have remained stable lately ahead of earnings." (8/8/2018)
  • 2. Pivotal Research analysts commented, "We expect around 2.0% inflation in 1Q18 (from 2.6% in 4Q17). Share buybacks are not expected to play as meaningful of a role in FY18. The depreciation addback for Sysco’s technology conversion process has also run its course. Still, we’re comfortable that Sysco’s adj." (11/5/2017)

Who are some of SYSCO's key competitors?

Who are SYSCO's key executives?

SYSCO's management team includes the folowing people:
  • Mr. Thomas L. Bené, Pres, CEO & Director (Age 56)
  • Mr. Joel T. Grade, Exec. VP & CFO (Age 47)
  • Mr. Wayne R. Shurts, Exec. VP & CTO (Age 59)
  • Mr. Russell T. Libby, Exec. VP of Admin. & Corp. Sec. (Age 52)
  • Mr. William J. DeLaney III, Advisor & Mentor (Age 62)

Has SYSCO been receiving favorable news coverage?

Media headlines about SYY stock have been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. SYSCO earned a daily sentiment score of 0.18 on Accern's scale. They also gave news coverage about the company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for SYSCO.

Who are SYSCO's major shareholders?

SYSCO's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.19%), Bank of America Corp DE (3.39%), Parnassus Investments CA (1.37%), Northern Trust Corp (1.18%), Janus Henderson Group PLC (1.13%) and American Century Companies Inc. (1.10%). Company insiders that own SYSCO stock include Brian R Todd, Daniel J Brutto, Greg D Bertrand, Joel T Grade, Joshua D Frank, Paul T Moskowitz, Richard G Tilghman, Robert S Charlton, Russell T Libby, Trian Fund Management, LP, Wayne Shurts, William B Day, William J Delaney III and William W Goetz. View Institutional Ownership Trends for SYSCO.

Which major investors are selling SYSCO stock?

SYY stock was sold by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Yacktman Asset Management LP, American Century Companies Inc., Canada Pension Plan Investment Board, FMR LLC, Point72 Asset Management L.P., Parnassus Investments CA and Hexavest Inc.. Company insiders that have sold SYSCO company stock in the last year include Brian R Todd, Greg D Bertrand, Joel T Grade, Joshua D Frank, Paul T Moskowitz, Richard G Tilghman, Russell T Libby, Trian Fund Management, LP, Wayne Shurts, William J Delaney III and William W Goetz. View Insider Buying and Selling for SYSCO.

Which major investors are buying SYSCO stock?

SYY stock was acquired by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Morgan Stanley, Unigestion Holding SA, Bank of Montreal Can, Sabal Trust CO, California Public Employees Retirement System, WBI Investments Inc. and MUFG Securities EMEA plc. Company insiders that have bought SYSCO stock in the last two years include Daniel J Brutto and Trian Fund Management, LP. View Insider Buying and Selling for SYSCO.

How do I buy shares of SYSCO?

Shares of SYY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SYSCO's stock price today?

One share of SYY stock can currently be purchased for approximately $73.29.

How big of a company is SYSCO?

SYSCO has a market capitalization of $37.90 billion and generates $58.73 billion in revenue each year. The company earns $1.43 billion in net income (profit) each year or $3.14 on an earnings per share basis. SYSCO employs 67,000 workers across the globe.

How can I contact SYSCO?

SYSCO's mailing address is 1390 ENCLAVE PKWY, HOUSTON TX, 77077. The company can be reached via phone at 281-584-1390.


MarketBeat Community Rating for SYSCO (NYSE SYY)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  283 (Vote Outperform)
Underperform Votes:  488 (Vote Underperform)
Total Votes:  771
MarketBeat's community ratings are surveys of what our community members think about SYSCO and other stocks. Vote "Outperform" if you believe SYY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SYY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2018 by MarketBeat.com Staff

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