NYSE:SYYSYSCO Stock Price, Forecast & News

SYSCO's stock was trading at $55.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SYY shares have decreased by 5.1% and is now trading at $52.31. View which stocks have been most impacted by Coronavirus.

12 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SYSCO.

SYSCO is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for SYSCO.

SYSCO Co. (NYSE:SYY) posted its quarterly earnings results on Tuesday, May, 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by $0.08. The firm earned $13.70 billion during the quarter, compared to analysts' expectations of $14.04 billion. SYSCO had a net margin of 2.30% and a return on equity of 73.70%. The company's revenue for the quarter was down 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.79 EPS. View SYSCO's earnings history.

SYSCO announced a quarterly dividend on Friday, May 22nd. Stockholders of record on Thursday, July 2nd will be given a dividend of $0.45 per share on Friday, July 24th. This represents a $1.80 annualized dividend and a yield of 3.44%. The ex-dividend date is Wednesday, July 1st. View SYSCO's dividend history.

12 brokerages have issued twelve-month price targets for SYSCO's shares. Their forecasts range from $51.00 to $94.00. On average, they anticipate SYSCO's share price to reach $70.25 in the next twelve months. This suggests a possible upside of 34.3% from the stock's current price. View analysts' price targets for SYSCO.

Press coverage about SYY stock has been trending neutral recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of 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 positive five, with scores nearest to five being the most favorable. SYSCO earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about SYSCO.

SYSCO saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 13,400,000 shares, a decrease of 6.1% from the June 15th total of 14,270,000 shares. Based on an average daily trading volume, of 5,670,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.7% of the shares of the stock are short sold. View SYSCO's Current Options Chain.

Some companies that are related to SYSCO include Domino's Pizza (DPZ), US Foods (USFD), HF Foods Group (HFFG), Alkaline Water (WTER), Coffee (JVA) and Rave Restaurant Group (RAVE). View all competitors.

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

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

SYSCO's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.05%), Gradient Investments LLC (0.04%), Manning & Napier Group LLC (0.04%), Wedge Capital Management L L P NC (0.03%), State of Alaska Department of Revenue (0.03%) and Jacobs & Co. CA (0.02%). Company insiders that own SYSCO stock include Brian R Todd, Greg D Bertrand, Hans-Joachim Koerber, John M Cassaday, Joshua D Frank, Paul T Moskowitz, Richard G Tilghman, Robert S Charlton, Russell T Libby, Thomas Bene and Trian Fund Management, LP. View institutional ownership trends for SYSCO.

SYY stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Park National Corp OH, Manning & Napier Group LLC, Wedge Capital Management L L P NC, First National Bank of Mount Dora Trust Investment Services, OLD Point Trust & Financial Services N A, Woodstock Corp, and DNB Asset Management AS. Company insiders that have sold SYSCO company stock in the last year include Brian R Todd, Greg D Bertrand, Hans-Joachim Koerber, John M Cassaday, Paul T Moskowitz, Robert S Charlton, and Thomas Bene. View insider buying and selling activity for SYSCO.

SYY stock was acquired by a variety of institutional investors in the last quarter, including Gradient Investments LLC, West Oak Capital LLC, Everence Capital Management Inc., Triangle Securities Wealth Management, Allied Investment Advisors LLC, Canandaigua National Corp, Cypress Capital Group, and Envestnet Asset Management Inc.. Company insiders that have bought SYSCO stock in the last two years include Joshua D Frank, and Trian Fund Management, LP. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SYY stock can currently be purchased for approximately $52.31.

SYSCO has a market capitalization of $26.55 billion and generates $60.11 billion in revenue each year. The company earns $1.67 billion in net income (profit) each year or $3.55 on an earnings per share basis. SYSCO employs 69,000 workers across the globe.

The official website for SYSCO is www.sysco.com.

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