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NYSE:SYY

Sysco Stock Forecast, Price & News

$84.00
+0.88 (+1.06 %)
(As of 05/14/2021 12:00 AM ET)
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Today's Range
$83.20
$84.36
50-Day Range
$77.99
$86.26
52-Week Range
$46.26
$86.73
Volume1.48 million shs
Average Volume2.24 million shs
Market Capitalization$42.97 billion
P/E RatioN/A
Dividend Yield2.17%
Beta1.38
30 days | 90 days | 365 days | Advanced Chart
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Sysco logo

About Sysco

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 in the United States, Canada, the United Kingdom, France, and internationally. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other. The company distributes frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of China and silverware; cookware, which include pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing homes, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. As of June 27, 2020, it operated 326 distribution facilities. Sysco Corporation was founded in 1969 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Groceries & related products
Sub-IndustryFood Distributors
CUSIP87182910
Phone281-584-1390
Employees57,000
Year Founded1969

Sales & Book Value

Annual Sales$52.89 billion
Cash Flow$4.72 per share
Book Value$2.28 per share

Profitability

Net Income$215.48 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$42.97 billion
Next Earnings Date8/10/2021 (Estimated)
OptionableOptionable

Social Links


MarketRank

Overall MarketRank

2.05 out of 5 stars

Consumer Staples Sector

25th out of 301 stocks

Groceries & Related Products Industry

1st out of 10 stocks

Analyst Opinion: 1.3Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Sysco (NYSE:SYY) Frequently Asked Questions

Is Sysco a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sysco in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Sysco stock.
View analyst ratings for Sysco
or view top-rated stocks.

What stocks does MarketBeat like better than Sysco?

Wall Street analysts have given Sysco a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Sysco wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Sysco?

Sysco saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 4,770,000 shares, a decrease of 19.3% from the March 31st total of 5,910,000 shares. Based on an average trading volume of 2,200,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.9% of the shares of the stock are short sold.
View Sysco's Short Interest
.

When is Sysco's next earnings date?

Sysco is scheduled to release its next quarterly earnings announcement on Tuesday, August 10th 2021.
View our earnings forecast for Sysco
.

How were Sysco's earnings last quarter?

Sysco Co. (NYSE:SYY) released its quarterly earnings data on Tuesday, May, 4th. The company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.02. The business earned $11.82 billion during the quarter, compared to the consensus estimate of $12.02 billion. Sysco had a negative net margin of 0.04% and a positive trailing twelve-month return on equity of 39.64%. The company's revenue for the quarter was down 13.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.45 EPS.
View Sysco's earnings history
.

How has Sysco's stock been impacted by COVID-19?

Sysco's stock was trading at $55.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SYY stock has increased by 52.3% and is now trading at $84.00.
View which stocks have been most impacted by COVID-19
.

How often does Sysco pay dividends? What is the dividend yield for Sysco?

Sysco announced a quarterly dividend on Thursday, February 25th. Investors of record on Thursday, April 1st will be paid a dividend of $0.45 per share on Friday, April 23rd. This represents a $1.80 annualized dividend and a yield of 2.14%. The ex-dividend date is Wednesday, March 31st.
View Sysco's dividend history
.

Is Sysco a good dividend stock?

Sysco pays an annual dividend of $1.80 per share and currently has a dividend yield of 2.17%. Sysco has been increasing its dividend for 41 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Sysco is 89.55%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Sysco will have a dividend payout ratio of 56.78% next year. This indicates that Sysco will be able to sustain or increase its dividend.
View Sysco's dividend history.

What price target have analysts set for SYY?

9 equities research analysts have issued 12 month price targets for Sysco's stock. Their forecasts range from $65.00 to $95.00. On average, they expect Sysco's stock price to reach $83.86 in the next year. This suggests that the stock has a possible downside of 0.2%.
View analysts' price targets for Sysco
or view top-rated stocks among Wall Street analysts.

Who are Sysco's key executives?

Sysco's management team includes the following people:
  • Mr. Kevin P. Hourican, Pres, CEO & Director (Age 48, Pay $4.9M) (LinkedIn Profile)
  • Mr. Greg D. Bertrand, Exec. VP of U.S. Foodservice Operations (Age 57, Pay $1.04M) (LinkedIn Profile)
  • Mr. Joel T. Grade, Exec. VP of Bus. Devel. (Age 50, Pay $987.66k) (LinkedIn Profile)
  • Ms. Marie Robinson, Chief Supply Chain Officer & Exec. VP (Age 53, Pay $1.35M) (LinkedIn Profile)
  • Mr. Aaron E. Alt, Exec. VP & CFO (Age 48) (LinkedIn Profile)
  • Ms. Anita A. Zielinski, Sr. VP & Chief Accounting Officer (Age 48) (LinkedIn Profile)
  • Mr. Thomas R. Peck Jr., Exec. VP, Chief Information & Digital Officer
  • Camilla Zuckero, Sr. Director of Investor Relations
  • Ms. Eve M. Mcfadden, Sr. VP of Legal, Gen. Counsel & Corp. Sec. (Age 45) (LinkedIn Profile)
  • Mr. Jose Colondres, VP of Compliance

What is Kevin Hourican's approval rating as Sysco's CEO?

112 employees have rated Sysco CEO Kevin Hourican on Glassdoor.com. Kevin Hourican has an approval rating of 66% among Sysco's employees.

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), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Intel (INTC), The Coca-Cola (KO), Exxon Mobil (XOM), Cisco Systems (CSCO) and Walmart (WMT).

What is Sysco's stock symbol?

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

Who are Sysco's major shareholders?

Sysco's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.94%), Franklin Resources Inc. (1.46%), Geode Capital Management LLC (1.42%), Lazard Asset Management LLC (1.26%), Northern Trust Corp (1.22%) and Yacktman Asset Management LP (1.16%). Company insiders that own Sysco stock include Brian R Todd, Greg D Bertrand, Hans-Joachim Koerber, John M Cassaday, Joshua D Frank, Nancy Newcomb, Nelson Peltz, Paul T Moskowitz, Robert S Charlton, Thomas Bene and Trian Fund Management, LP.
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 BlackRock Inc., Sumitomo Mitsui Trust Holdings Inc., Korea Investment CORP, Franklin Resources Inc., Coho Partners Ltd., New York State Common Retirement Fund, Assetmark Inc., and APG Asset Management N.V.. Company insiders that have sold Sysco company stock in the last year include Greg D Bertrand, Joshua D Frank, Nancy Newcomb, Nelson Peltz, and Trian Fund Management, LP.
View insider buying and selling activity for Sysco
or view top insider-selling stocks.

Which major investors are buying Sysco stock?

SYY stock was purchased by a variety of institutional investors in the last quarter, including Lazard Asset Management LLC, Primecap Management Co. CA, Arrowstreet Capital Limited Partnership, Waddell & Reed Financial Inc., Panagora Asset Management Inc., Retirement Systems of Alabama, Aviva PLC, and Artemis Investment Management LLP. 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
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sysco's stock price today?

One share of SYY stock can currently be purchased for approximately $84.00.

How much money does Sysco make?

Sysco has a market capitalization of $42.97 billion and generates $52.89 billion in revenue each year. The company earns $215.48 million in net income (profit) each year or $2.01 on an earnings per share basis.

How many employees does Sysco have?

Sysco employs 57,000 workers across the globe.

Does Sysco have any subsidiaries?

The following companies are subsidiares of Sysco: 2234829 Alberta ULC, 2234842 Alberta ULC, A. M. Briggs Inc., A.M. Briggs, Almacén Fiscal Frionet Caldera S.A., Almacén Fiscal Frionet Limón S.A., Appert's Foodservice, Arnotts (Fruit) Limited, Asian Foods, Bahamas Food Holdings Limited, Bahamas Food Services Limited, Brake Bros, Brake Bros Foodservice Ireland Limited, Brake Bros. Foodservice Limited, Brake Bros. Holding I Limited, Brake Bros. Ltd., Brakes Foodservice NI Limited, Buchy Food Service, Buckhead Beef Co., Buckhead Meat & Seafood of Houston Inc., Buckhead Meat Company, Buckhead Meat Midwest Inc., Buckhead Meat of Dallas Inc., Buckhead Meat of Denver Inc., Buckhead Meat of San Antonio LP, Buzztable Inc., CAKE Corporation, Central Seafood Co., Christys Wine & Spirits Limited, Clafra Aktiebolag, Colorado Boxed Beef Co - Specialty meat-cutting division, Corporacion Frionet Sociedad Anonima, Crossgar Foodservice, Crossgar Foodservice Limited, Crown I Enterprises Inc., Cucina Acquisitions (UK) Limited, Cucina Finance (UK) Limited, Cucina French Holdings Limited, Cucina Fresh Finance Limited, Cucina Fresh Investments Limited, Cucina Lux Investments Limited, Curleys Quality Foods Limited (Third Party), Davigel Belgilux S.A., Davigel Espana S.A., Desert Meats & Provisions, Distagro, Doerle Food Service, Doughtie's Foods Inc., Dust Bowl City LLC, Eko Fågel Fisk o mittemellan AB, Enclave Insurance Company, Enclave Parkway Association Inc., Enclave Properties LLC, European Imports, European Imports Inc., Figg Inc., Freedman Meats, Freedman Meats Inc., Freedman-KB Inc., Fresh Direct (UK) Limited, Fresh Direct Group Limited, Fresh Direct Limited, Fresh Holdings Limited, FreshPoint, FreshPoint Arizona Inc., FreshPoint Atlanta Inc., FreshPoint California Inc., FreshPoint Central California Inc., FreshPoint Central Florida Inc., FreshPoint Connecticut LLC, FreshPoint Dallas Inc., FreshPoint Denver Inc., FreshPoint Hawaii LLC, FreshPoint Inc., FreshPoint Las Vegas Inc., FreshPoint North Carolina Inc., FreshPoint North Florida Inc., FreshPoint Oklahoma City LLC, FreshPoint Pompano Real Estate LLC, FreshPoint Puerto Rico LLC, FreshPoint San Francisco Inc., FreshPoint South Florida Inc., FreshPoint South Texas Inc., FreshPoint Southern California Inc., FreshPoint Tomato LLC, FreshPoint Vancouver Ltd., Freshfayre Limited, Fruktservice i Helsingborg AB, GHS Classic Drinks Limited, Gilchrist & Soames Inc., Gilchrist & Soames UK Limited, Guest Packaging LLC, Guest Supply, Guest Supply Asia Limited, Guest Supply Singapore Pte. Ltd., International Food Group, Isakssons Frukt & Grönt AB, J & M Wholesale Meats, J. Kings Food Service Professionals, J. Kings Food Service Professionals Inc., Kent Frozen Foods, Les Ateliers Du Gout, Liquid Assets Limited, M&J Seafood Holdings Limited, M&J Seafood Limited, Manchester Mills LLC, Mayca Autoservicio S.A., Mayca Distribuidores S.A., Menigo Foodservice AB, Mitshim Etatu Supply LP, Newport Meat Company, Newport Meat Northern California Inc., Newport Meat Pacific Northwest Inc., Newport Meat Southern California Inc., Newport Meat of Nevada Inc., North Star Holding Corporation, North Star Seafood, North Star Seafood Acquisition Corporation, North Star Seafood LLC, PFS de Mexico S.A. de C.V., Palisades Ranch Inc., Pallas Foods, Pallas Foods Farm Fresh Unlimited Company, Pallas Foods Unlimited Company, Pauleys Produce Limited, Promotora del Servicios S.A. de C.V., Restaurangakdemien AB, Restaurant of Tomorrow Inc., Rohan Viandes Elaboration SAS, SMS Bermuda Holdings, SMS GPC International Limited, SMS GPC International Resources Limited, SMS Global Holdings S.á.r.l., SMS International Resources Ireland Unlimited Company, SMS Lux Holdings LLC, SOTF LLC, SYY Netherlands C.V., SYY Panama S. de R.L., Serca Foodservice, Servicestyckarna I Johannes AB, Servicios Ameriserve S.A. de C.V., Shenzhen Guest Supply Trading Co. Limited, Societe Civile Immobiliere (SCI) Bianchi Montegut, Societe Civile Immobiliere (SCI) De Boiseau, Societe Civile Immobiliere (SCI) De Garcelles, Societe Civile Immobiliere (SCI) J.D. Lanjouan, Societe Civile Immobiliere (SCI) Le Dauphin, Specialty Meat Holdings LLC, Stockflag Limited, Stockholms Fiskauktion AB, Supplies on the Fly, Sysco Albany LLC, Sysco Asian Foods Inc., Sysco Atlanta LLC, Sysco Autoservicio S.A., Sysco Baltimore LLC, Sysco Baraboo LLC, Sysco Bermuda Partners L.P., Sysco Boston LLC, Sysco Canada Holdings S.á.r.l., Sysco Canada Inc., Sysco Central Alabama LLC, Sysco Central California Inc., Sysco Central Florida Inc., Sysco Central Illinois Inc., Sysco Central Pennsylvania LLC, Sysco Charlotte LLC, Sysco Chicago Inc., Sysco Cincinnati LLC, Sysco Cleveland Inc., Sysco Columbia LLC, Sysco Connecticut LLC, Sysco Corporation, Sysco Corporation Director's Deferred Compensation Plan Trust, Sysco Corporation Employee's 401(k) Plan Trust, Sysco Corporation Executive Deferred Compensation Plan Trust, Sysco Corporation Good Government Committee Inc., Sysco Corporation Retirement Trust, Sysco Corporation Supplemental Executive Retirement Trust, Sysco Corporation Supplemental Unemployment Benefits Plan Trust, Sysco Detroit LLC, Sysco Disaster Relief Foundation Inc., Sysco EI VI S. s.r.l., Sysco EU II S.á.r.l., Sysco EU III S.á.r.l., Sysco EU IV Capital Unlimited Company, Sysco EU IV S. s.r.l.., Sysco EU V S. s.r.l., Sysco Eastern Maryland LLC, Sysco Eastern Wisconsin LLC, Sysco Foundation Inc., Sysco France Holding SAS, Sysco France SAS, Sysco George Town II LLC, Sysco George Town Limited S. s.r.l.., Sysco Global Finance LLC, Sysco Global Finance LLP, Sysco Global Holdings B.V., Sysco Global Resources LLC, Sysco Global Services LLC, Sysco Grand Cayman Company, Sysco Grand Cayman II Company, Sysco Grand Cayman III Company, Sysco Grand Rapids LLC, Sysco Guernsey Limited, Sysco Guest Supply Canada Inc., Sysco Guest Supply Europe Goods Wholesalers LLC, Sysco Guest Supply Europe Limited, Sysco Guest Supply LLC, Sysco Gulf Coast LLC, Sysco Hampton Roads Inc., Sysco Hawaii Inc., Sysco Holdings II LLC, Sysco Holdings LLC, Sysco Indianapolis LLC, Sysco International Food Group Inc., Sysco International Inc., Sysco Iowa Inc., Sysco Jackson LLC, Sysco Jacksonville Inc., Sysco Kansas City Inc., Sysco Knoxville LLC, Sysco Labs Europe Limited, Sysco Labs Pvt. Ltd., Sysco Leasing LLC, Sysco Lincoln Inc., Sysco Lincoln Transportation Company Inc., Sysco Long Island LLC, Sysco Los Angeles Inc., Sysco Louisville Inc., Sysco Memphis LLC, Sysco Merchandising and Supply Chain Services Canada Inc., Sysco Merchandising and Supply Chain Services Inc., Sysco Metro New York LLC, Sysco Minnesota Inc., Sysco Montana Inc., Sysco Nashville LLC, Sysco Netherlands Partners LLC, Sysco North Central Florida Inc., Sysco North Dakota Inc., Sysco Northern New England Inc., Sysco Philadelphia LLC, Sysco Pittsburgh LLC, Sysco Portland Inc., Sysco Raleigh LLC, Sysco Resources Services LLC, Sysco Riverside Inc., Sysco Sacramento Inc., Sysco San Diego Inc., Sysco San Francisco Inc., Sysco Seattle Inc., Sysco South Florida Inc., Sysco Southeast Florida LLC, Sysco Spain Holdings SLU, Sysco Spokane Inc., Sysco St. Louis LLC, Sysco Syracuse LLC, Sysco Technologies Cayman Ltd., Sysco Technologies LLC, Sysco UK Holdings Limited, Sysco UK Limited, Sysco UK Partners LLP, Sysco USA I Inc., Sysco USA II LLC, Sysco USA III LLC, Sysco Ventura Inc., Sysco Ventures Inc., Sysco Virginia LLC, Sysco West Coast Florida Inc., Sysco Western Minnesota Inc., The SYGMA Network Inc., Upsys, Victua SAS, Walker Foods Inc., Waugh Foods, and Wild Harvest Limited.

When was Sysco founded?

Sysco was founded in 1969.

What is Sysco's official website?

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

Where are Sysco's headquarters?

Sysco is headquartered at 1390 ENCLAVE PKWY, HOUSTON TX, 77077.

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 or via email at [email protected]


This page was last updated on 5/15/2021 by MarketBeat.com Staff
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