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. Since then, SYY shares have increased by 9.0% and is now trading at $60.10.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 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 Tuesday, August 11th 2020.
View our earnings forecast for SYSCO.

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

SYSCO announced a quarterly dividend on Friday, May 22nd. Investors of record on Thursday, July 2nd will be paid a dividend of $0.45 per share on Friday, July 24th. This represents a $1.80 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date is Wednesday, July 1st.
View SYSCO's dividend history.

11 brokerages have issued 1-year price objectives for SYSCO's stock. Their forecasts range from $51.00 to $94.00. On average, they anticipate SYSCO's stock price to reach $70.30 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price.
View analysts' price targets for SYSCO.

Press coverage about SYY stock has trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 -1.4 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days.
View the latest news about SYSCO.

SYSCO saw a increase in short interest in July. As of July 31st, there was short interest totaling 15,880,000 shares, an increase of 13.6% from the July 15th total of 13,980,000 shares. Based on an average daily trading volume, of 4,520,000 shares, the short-interest ratio is currently 3.5 days. Currently, 3.1% of the shares of the company are sold short.
View SYSCO's Short Interest.

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).
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Based on aggregate information from My MarketBeat watchlists, some companies that other SYSCO investors own include Johnson & Johnson (JNJ), AT&T (T), AbbVie (ABBV), Verizon Communications (VZ), Pfizer (PFE), Coca-Cola (KO), Intel (INTC), Exxon Mobil (XOM), Cisco Systems (CSCO) and Procter & Gamble (PG).

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

SYSCO's stock is owned by many different institutional and retail investors. Top institutional investors include Yacktman Asset Management LP (1.13%), Victory Capital Management Inc. (0.94%), Sumitomo Mitsui Trust Holdings Inc. (0.67%), Swiss National Bank (0.43%), Allen Investment Management LLC (0.42%) and Coho Partners Ltd. (0.39%). 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 Unigestion Holding SA, Robeco Institutional Asset Management B.V., Retirement Systems of Alabama, Boston Trust Walden Corp, CWM LLC, Railway Pension Investments Ltd, CIBC Asset Management Inc, and Yacktman Asset Management LP. 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 Coho Partners Ltd., Victory Capital Management Inc., Allen Investment Management LLC, Cannell Peter B & Co. Inc., SeaTown Holdings Pte. Ltd., ProShare Advisors LLC, Huntington National Bank, and Minneapolis Portfolio Management Group LLC. 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 $60.10.

SYSCO has a market capitalization of $30.51 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.