Sysco Stock Forecast, Price & News

Sysco's stock was trading at $55.15 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SYY shares have increased by 29.2% and is now trading at $71.24.
View which stocks have been most impacted by COVID-19.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sysco in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Sysco or view MarketBeat's top 5 stock picks.

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Sysco is scheduled to release its next quarterly earnings announcement on Monday, February 1st 2021.
View our earnings forecast for Sysco.

Sysco Co. (NYSE:SYY) announced its earnings results on Sunday, November, 8th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The company had revenue of $11.78 billion for the quarter, compared to analysts' expectations of $12.06 billion. Sysco had a return on equity of 50.53% and a net margin of 0.41%. The business's quarterly revenue was down 23.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.98 earnings per share.
View Sysco's earnings history.

Sysco announced a quarterly dividend on Thursday, November 19th. Shareholders of record on Friday, January 8th will be paid a dividend of $0.45 per share on Friday, January 29th. This represents a $1.80 annualized dividend and a yield of 2.53%. The ex-dividend date is Thursday, January 7th.
View Sysco's dividend history.

12 brokers have issued twelve-month target prices for Sysco's stock. Their forecasts range from $65.00 to $94.00. On average, they expect Sysco's share price to reach $76.38 in the next year. This suggests a possible upside of 7.2% from the stock's current price.
View analysts' price targets for Sysco.

Sysco saw a drop in short interest during the month of October. As of October 30th, there was short interest totaling 10,470,000 shares, a drop of 15.2% from the October 15th total of 12,340,000 shares. Based on an average trading volume of 3,030,000 shares, the short-interest ratio is presently 3.5 days. Approximately 2.1% of the company's stock are short sold.
View Sysco's Short Interest.

Some companies that are related to Sysco include Domino's Pizza (DPZ), US Foods (USFD), HF Foods Group (HFFG), The Alkaline Water (WTER), The Alkaline Water (WTER), Elamex SA de CV (ELAMF), Coffee (JVA), RAVE Restaurant Group (RAVE) and NuVim (NUVM).
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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), Pfizer (PFE), Verizon Communications (VZ), Intel (INTC), The Coca-Cola (KO), Exxon Mobil (XOM), Cisco Systems (CSCO) and Walmart (WMT).

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

Sysco's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.50%), State Street Corp (5.02%), JPMorgan Chase & Co. (2.07%), Wells Fargo & Company MN (1.31%), Yacktman Asset Management LP (1.18%) and Victory Capital Management Inc. (0.92%). Company insiders that own Sysco stock include Brian R Todd, Greg D Bertrand, Hans-Joachim Koerber, John M Cassaday, Joshua D Frank, Nancy Newcomb, Paul T Moskowitz, 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 Street Corp, First Trust Advisors LP, Captrust Financial Advisors, Morgan Stanley, AQR Capital Management LLC, Swiss National Bank, Allianz Asset Management GmbH, and Truist Financial Corp. Company insiders that have sold Sysco company stock in the last year include Brian R Todd, Greg D Bertrand, Joshua D Frank, Nancy Newcomb, Paul T Moskowitz, Thomas Bene, and Trian Fund Management, LP.
View insider buying and selling activity for Sysco.

SYY stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Ceredex Value Advisors LLC, BlackRock Inc., Coho Partners Ltd., Public Employees Retirement Association of Colorado, Manning & Napier Group LLC, Retirement Systems of Alabama, and Cambiar Investors 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 $71.24.

Sysco has a market capitalization of $36.29 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. Sysco employs 57,000 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.