NYSE:SYY - SYSCO 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 decreased by 8.5% and is now trading at $50.45. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 2 sell ratings, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for SYSCO.

SYSCO is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for SYSCO.

SYSCO Co. (NYSE:SYY) announced its earnings results on Monday, February, 3rd. The company reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.01. The business earned $15.03 billion during the quarter, compared to analyst estimates of $15.11 billion. SYSCO had a net margin of 3.00% and a return on equity of 78.49%. SYSCO's quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the firm earned $0.75 earnings per share. View SYSCO's earnings history.

SYSCO declared a quarterly dividend on Thursday, February 27th. Stockholders of record on Friday, April 3rd will be given a dividend of $0.45 per share on Friday, April 24th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date is Thursday, April 2nd. View SYSCO's dividend history.

15 brokerages have issued 1 year price targets for SYSCO's stock. Their forecasts range from $50.00 to $94.00. On average, they expect SYSCO's share price to reach $76.91 in the next twelve months. This suggests a possible upside of 52.4% from the stock's current price. View analysts' price targets for SYSCO.

Media coverage about SYY stock has trended very positive this week, InfoTrie Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SYSCO earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutSYSCO.

SYSCO saw a increase in short interest in March. As of March 13th, there was short interest totaling 11,217,600 shares, an increase of 30.9% from the February 27th total of 8,570,000 shares. Based on an average daily volume of 2,530,000 shares, the short-interest ratio is presently 4.4 days. Currently, 2.2% of the company's shares 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).

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), AbbVie (ABBV), Pfizer (PFE), Exxon Mobil (XOM), Intel (INTC), The Coca-Cola (KO) and Mcdonald's (MCD).

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 shareholders include State Street Corp (5.16%), Janus Henderson Group PLC (1.89%), Parnassus Investments CA (1.60%), Geode Capital Management LLC (1.38%), Longview Partners Guernsey LTD (1.35%) and Capital World Investors (0.95%). 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 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 Capital World Investors, FMR LLC, Nuveen Asset Management LLC, PGGM Investments, State Street Corp, DekaBank Deutsche Girozentrale, Renaissance Technologies LLC, and Panagora Asset Management Inc.. 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 Norges Bank, Janus Henderson Group PLC, Goldman Sachs Group Inc., Stifel Financial Corp, Captrust Financial Advisors, LSV Asset Management, Bank of Montreal Can, and AQR Capital Management LLC. 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 $50.45.

SYSCO has a market capitalization of $25.65 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.

The official website for SYSCO is http://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.