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

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$66.88 -0.49 (-0.73 %)
(As of 11/13/2018 01:30 PM ET)
Previous Close$67.37
Today's Range$66.56 - $67.85
52-Week Range$53.65 - $75.98
Volume1.20 million shs
Average Volume2.96 million shs
Market Capitalization$34.73 billion
P/E Ratio21.30
Dividend Yield2.16%
Beta0.56
Sysco 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
Current SymbolNYSE:SYY
Previous Symbol
CUSIP87182910
Phone281-584-1390

Debt

Debt-to-Equity Ratio3.00
Current Ratio1.30
Quick Ratio0.80

Price-To-Earnings

Trailing P/E Ratio21.30
Forward P/E Ratio19.67
P/E Growth1.89

Sales & Book Value

Annual Sales$58.73 billion
Price / Sales0.59
Cash Flow$4.7132 per share
Price / Cash14.19
Book Value$4.81 per share
Price / Book13.90

Profitability

EPS (Most Recent Fiscal Year)$3.14
Net Income$1.43 billion
Net Margins2.52%
Return on Equity68.81%
Return on Assets9.15%

Miscellaneous

Employees67,000
Outstanding Shares519,790,000
Market Cap$34.73 billion
OptionableOptionable

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. Stockholders 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 annualized dividend and a dividend yield of 2.16%. The ex-dividend date of this dividend is Thursday, October 4th. View SYSCO's Dividend History.

How were SYSCO's earnings last quarter?

SYSCO Co. (NYSE:SYY) announced its quarterly earnings results on Monday, November, 5th. The company reported $0.91 EPS for the quarter, missing analysts' consensus estimates of $0.92 by $0.01. The company had revenue of $15.22 billion for the quarter, compared to analyst estimates of $15.39 billion. SYSCO had a return on equity of 68.81% and a net margin of 2.52%. The company's revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.74 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, February 4th 2019. View Earnings Estimates for SYSCO.

What price target have analysts set for SYY?

11 equities research analysts have issued twelve-month price objectives for SYSCO's stock. Their predictions range from $62.00 to $86.00. On average, they anticipate SYSCO's share price to reach $73.75 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View Analyst Price Targets for SYSCO.

What is the consensus analysts' recommendation for SYSCO?

11 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 6 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. Pivotal Research analysts commented, "We also question how long Sysco can remain immune from the recent industry pressures in its U.S Foodservice operations. Both US Foods and PFGC are spending heavily on marketing associates to address a general slowdown in case volumes to independents. The factors behind the recent earnings setbacks at PFGC and USFD should also have some relevance for Sysco. Ahead of 1Q19 earnings on 11/5, we are lowering our estimates to account for slightly higher expense assumptions." (11/2/2018)
  • 2. 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)

Has SYSCO been receiving favorable news coverage?

News coverage about SYY stock has been trending neutral this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. SYSCO earned a daily sentiment score of 0.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

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)

Who are SYSCO's major shareholders?

SYSCO's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.17%), Janus Henderson Group PLC (1.12%), American Century Companies Inc. (0.91%), Bank of Montreal Can (0.87%), Yacktman Asset Management LP (0.78%) and Bank of New York Mellon Corp (0.69%). 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 institutional investors are selling SYSCO stock?

SYY stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., American Century Companies Inc., FMR LLC, Mitsubishi UFJ Trust & Banking Corp, Yacktman Asset Management LP, Great West Life Assurance Co. Can, JPMorgan Chase & Co. and Unigestion Holding SA. 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 institutional investors are buying SYSCO stock?

SYY stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Canada Pension Plan Investment Board, Retirement Systems of Alabama, Los Angeles Capital Management & Equity Research Inc., Seven Eight Capital LP, Pictet Asset Management Ltd., Virginia Retirement Systems ET AL and AXA. 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 $66.82.

How big of a company is SYSCO?

SYSCO has a market capitalization of $34.73 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.

What is SYSCO's official website?

The official website for SYSCO is http://www.sysco.com.

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:  1.9 out of 5 (star)
Outperform Votes:  304 (Vote Outperform)
Underperform Votes:  505 (Vote Underperform)
Total Votes:  809
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 11/13/2018 by MarketBeat.com Staff

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