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NYSE:SYY - SYSCO Stock Price, Forecast & News

$82.82
+0.16 (+0.19 %)
(As of 01/20/2020 01:03 AM ET)
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Today's Range
$82.51
Now: $82.82▼
$83.88
50-Day Range
$80.38
MA: $83.82▼
$85.80
52-Week Range
$61.49
Now: $82.82▼
$85.98
Volume4.80 million shs
Average Volume1.77 million shs
Market Capitalization$42.26 billion
P/E Ratio25.40
Dividend Yield2.18%
Beta0.48
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

Stock Exchange NYSE
Industry Groceries & related products
Sub-IndustryFood Distributors
SectorConsumer Staples
Current SymbolNYSE:SYY
Previous Symbol
CUSIP87182910
CIK96021
Webhttp://www.sysco.com/
Phone281-584-1390

Debt

Debt-to-Equity Ratio3.74
Current Ratio1.39
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio25.40
Forward P/E Ratio21.79
P/E Growth2.21

Sales & Book Value

Annual Sales$60.11 billion
Price / Sales0.70
Cash Flow$5.15 per share
Price / Cash Flow16.08
Book Value$4.87 per share
Price / Book17.01

Profitability

EPS (Most Recent Fiscal Year)$3.55
Net Income$1.67 billion
Net Margins2.82%
Return on Equity79.60%
Return on Assets10.30%

Miscellaneous

Employees69,000
Outstanding Shares510,230,000
Market Cap$42.26 billion
Next Earnings Date2/3/2020 (Estimated)
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 Thursday, November 14th. Shareholders of record on Friday, January 3rd will be paid a dividend of $0.45 per share on Friday, January 24th. This represents a $1.80 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date is Thursday, January 2nd. This is a boost from SYSCO's previous quarterly dividend of $0.39. View SYSCO's Dividend History.

How were SYSCO's earnings last quarter?

SYSCO Co. (NYSE:SYY) posted its earnings results on Monday, November, 4th. The company reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.97 by $0.01. The company had revenue of $15.30 billion for the quarter, compared to analysts' expectations of $15.53 billion. SYSCO had a net margin of 2.82% and a return on equity of 79.60%. SYSCO's revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 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 3rd 2020. View Earnings Estimates for SYSCO.

What price target have analysts set for SYY?

13 equities research analysts have issued 1-year target prices for SYSCO's shares. Their forecasts range from $58.00 to $94.00. On average, they expect SYSCO's share price to reach $79.48 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for SYSCO.

What is the consensus analysts' recommendation for SYSCO?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 2 sell ratings, 4 hold ratings and 7 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 positive on Sunday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing 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 closest to five being the most favorable. SYSCO earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for SYSCO.

Are investors shorting SYSCO?

SYSCO saw a increase in short interest in December. As of December 13th, there was short interest totalling 10,820,000 shares, an increase of 7.9% from the November 28th total of 10,030,000 shares. Based on an average trading volume of 2,190,000 shares, the days-to-cover ratio is presently 4.9 days. Approximately 2.1% of the company's stock are short sold. 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), AT&T (T), Verizon Communications (VZ), Procter & Gamble (PG), Walmart (WMT), Mcdonald's (MCD), AbbVie (ABBV), Pfizer (PFE), Home Depot (HD) and The Coca-Cola (KO).

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 investors include Hexavest Inc. (0.17%), Boston Trust Walden Corp (0.17%), PGGM Investments (0.12%), Sabal Trust CO (0.08%), Manning & Napier Group LLC (0.04%) and State of Alaska Department of Revenue (0.04%). Company insiders that own SYSCO stock include Brian R Todd, Greg D Bertrand, Hans-Joachim Koerber, Joel T Grade, John M Cassaday, Joshua D Frank, Paul T Moskowitz, Richard G Tilghman, Robert S Charlton, Russell T Libby, Thomas Bene, Trian Fund Management, LP and Wayne Shurts. 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 PGGM Investments, Commerzbank Aktiengesellschaft FI, Gradient Investments LLC, DNB Asset Management AS, Hexavest Inc., Bowling Portfolio Management LLC, Tocqueville Asset Management L.P. and Meag Munich Ergo Kapitalanlagegesellschaft MBH. 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, Russell T Libby, Thomas Bene 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 Johanson Financial Advisors Inc., Baxter Bros Inc., Tealwood Asset Management Inc., Clear Street Markets LLC, Assenagon Asset Management S.A., Pennsylvania Trust Co, Manning & Napier Group LLC and AE Wealth Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is SYSCO's stock price today?

One share of SYY stock can currently be purchased for approximately $82.82.

How big of a company is SYSCO?

SYSCO has a market capitalization of $42.26 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.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:  400 (Vote Outperform)
Underperform Votes:  591 (Vote Underperform)
Total Votes:  991
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 1/20/2020 by MarketBeat.com Staff

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