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

$72.91
+0.07 (+0.10 %)
(As of 07/16/2019 02:08 PM ET)
Today's Range
$72.59
Now: $72.91
$73.03
50-Day Range
$68.75
MA: $71.59
$75.05
52-Week Range
$59.44
Now: $72.91
$75.98
Volume38,141 shs
Average Volume2.03 million shs
Market Capitalization$37.47 billion
P/E Ratio23.20
Dividend Yield2.15%
Beta0.54
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. Read More…

Industry, Sector and Symbol

Industry Groceries & related products
Sub-IndustryFood Distributors
SectorConsumer Staples
CUSIP87182910
Phone281-584-1390

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$58.73 billion
Cash Flow$4.7313 per share
Book Value$4.81 per share

Profitability

Net Income$1.43 billion

Miscellaneous

Employees67,000
Market Cap$37.47 billion
Next Earnings Date8/12/2019 (Confirmed)
OptionableOptionable

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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 declared a quarterly dividend on Friday, May 24th. Shareholders of record on Friday, July 5th will be paid a dividend of $0.39 per share on Friday, July 26th. This represents a $1.56 annualized dividend and a yield of 2.14%. The ex-dividend date is Wednesday, July 3rd. View SYSCO's Dividend History.

How were SYSCO's earnings last quarter?

SYSCO Co. (NYSE:SYY) announced its earnings results on Monday, May, 6th. The company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.09. The firm had revenue of $14.66 billion for the quarter, compared to analyst estimates of $14.78 billion. SYSCO had a return on equity of 73.66% and a net margin of 2.65%. The business's quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 EPS. View SYSCO's Earnings History.

When is SYSCO's next earnings date?

SYSCO is scheduled to release their next quarterly earnings announcement on Monday, August 12th 2019. View Earnings Estimates for SYSCO.

How can I listen to SYSCO's earnings call?

SYSCO will be holding an earnings conference call on Monday, August 12th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for SYY?

12 brokerages have issued 1-year target prices for SYSCO's shares. Their predictions range from $58.00 to $86.00. On average, they expect SYSCO's share price to reach $74.1538 in the next year. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for SYSCO.

What is the consensus analysts' recommendation for SYSCO?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 1 sell rating, 5 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. According to Zacks Investment Research, "Sysco has outpaced the industry in the past six months, courtesy of strength of its U.S. Foodservice operations, wherein local case volumes rose for the 20th straight time in third-quarter fiscal 2019. The company is also gaining from its strategies for 2020, which include enhancing consumers’ experience, optimizing business, stimulating power of its people and achieving operational efficacy. These upsides along with focus on buyouts and cost-containment efforts helped the company deliver top and bottom-line growth in the third quarter. Also, these efforts should provide cushion against rising costs and international unit challenges. During the quarter, the U.S. Foodservice unit saw high supply-chain costs across warehouse and transportation. Moreover, the international unit was somewhat dragged by Brexit-related worries and currency woes." (6/11/2019)
  • 2. Pivotal Research analysts commented, "We think the 3Q19 results reflect a combination of deep cost cutting in Sysco’s U.S. operations, Canada, and Europe and also some degree of financial engineering with respect to expense management. Within Sysco’s international operations, the core operating performance was particularly weak in 3Q. The decrease in revenue and in gross profit are clearly disconnected from the 30% improvement for international based on the adj. operating income growth reported for 3Q. In the U.S. Foodservice operations, the incremental softness in customer traffic (for independents in particular) is also in sharp contrast to the adjusted earnings growth reported in 3Q. We reiterate our SELL rating due to the structural challenges with Brakes, near-term headwinds across Europe, and continued volume pressure with independents in Sysco’s U.S. Foodservice operations." (5/7/2019)

Has SYSCO been receiving favorable news coverage?

News articles about SYY stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SYSCO earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for SYSCO.

Are investors shorting SYSCO?

SYSCO saw a drop in short interest in June. As of June 30th, there was short interest totalling 9,780,700 shares, a drop of 7.7% from the May 30th total of 10,599,900 shares. Based on an average daily volume of 2,360,000 shares, the short-interest ratio is presently 4.1 days. Currently, 1.9% of the shares of the stock are sold short. View SYSCO's Current Options Chain.

Who are some of SYSCO's key competitors?

What other stocks do shareholders of SYSCO own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SYSCO investors own include Johnson & Johnson (JNJ), Procter & Gamble (PG), AT&T (T), Verizon Communications (VZ), Mcdonald's (MCD), Pfizer (PFE), Cisco Systems (CSCO), The Coca-Cola (KO), Exxon Mobil (XOM) and Intel (INTC).

Who are SYSCO's key executives?

SYSCO's management team includes the folowing people:
  • Mr. Thomas L. Bené, Chairman of the board, Pres & CEO (Age 57)
  • Mr. Joel T. Grade, Exec. VP & CFO (Age 48)
  • Mr. Russell T. Libby, Advisor (Age 53)
  • Mr. Greg D. Bertrand, Exec. VP of U.S. Foodservice Operations (Age 55)
  • Mr. Wayne R. Shurts, Advisor (Age 60)

Who are SYSCO's major shareholders?

SYSCO's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.19%), South Texas Money Management Ltd. (0.17%), Thoroughbred Financial Services LLC (0.17%), Unigestion Holding SA (0.07%), NN Investment Partners Holdings N.V. (0.05%) and Retirement Systems of Alabama (0.04%). Company insiders that own SYSCO stock include Brian R Todd, 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 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 Hexavest Inc., South Texas Money Management Ltd., Rowland & Co. Investment Counsel ADV, Park National Corp OH, Nisa Investment Advisors LLC, Exane Derivatives, Steigerwald Gordon & Koch Inc. and NN Investment Partners Holdings N.V.. Company insiders that have sold SYSCO company stock in the last year include Brian R Todd, Joshua D Frank, Richard G Tilghman, Robert S Charlton, Russell T Libby and Trian Fund Management, LP. View Insider Buying and Selling for SYSCO.

Which major investors are buying SYSCO stock?

SYY stock was bought by a variety of institutional investors in the last quarter, including Thoroughbred Financial Services LLC, Stock Yards Bank & Trust Co., Unigestion Holding SA, Gradient Investments LLC, DNB Asset Management AS, Raymond James Trust N.A., PFS Investments Inc. and First National Bank of Mount Dora Trust Investment Services. 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 $73.01.

How big of a company is SYSCO?

SYSCO has a market capitalization of $37.52 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.View Additional Information About SYSCO.

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:  2.0 out of 5 (star star)
Outperform Votes:  364 (Thanks for Voting!)
Underperform Votes:  558 (Thanks for Voting!)
Total Votes:  922
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 7/16/2019 by MarketBeat.com Staff

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