NYSE:SYYSYSCO Stock Price, Forecast & News

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 shares have decreased by 2.7% and is now trading at $53.67. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 1 sell rating, 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 Monday, August 10th 2020. View our earnings forecast for SYSCO.

SYSCO Co. (NYSE:SYY) announced its earnings results on Tuesday, May, 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.08. The company earned $13.70 billion during the quarter, compared to analysts' expectations of $14.04 billion. SYSCO had a return on equity of 73.70% and a net margin of 2.30%. The company's revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period in the prior year, the business posted $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 given a dividend of $0.45 per share on Friday, July 24th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Wednesday, July 1st. View SYSCO's dividend history.

12 Wall Street analysts have issued twelve-month price objectives for SYSCO's shares. Their forecasts range from $51.00 to $94.00. On average, they anticipate SYSCO's stock price to reach $70.25 in the next year. This suggests a possible upside of 30.9% from the stock's current price. View analysts' price targets for SYSCO.

News stories about SYY stock have trended negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SYSCO earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about SYSCO.

SYSCO saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 13,400,000 shares, a drop of 6.1% from the June 15th total of 14,270,000 shares. Based on an average daily trading volume, of 5,670,000 shares, the short-interest ratio is currently 2.4 days. Currently, 2.7% of the shares of the company 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). View all competitors.

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), Pfizer (PFE), Procter & Gamble (PG), Exxon Mobil (XOM), AbbVie (ABBV), Coca-Cola (KO), Mcdonald's (MCD) and Cisco Systems (CSCO).

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 investors include State of Alaska Department of Revenue (0.03%), Woodstock Corp (0.02%), Truehand Inc (0.01%), Park National Corp OH (0.01%), Bath Savings Trust Co (0.01%) and West Oak Capital LLC (0.01%). 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 State of Alaska Department of Revenue, Park National Corp OH, Woodstock Corp, Truehand Inc, Bath Savings Trust Co, Pinnacle Bank, Orrstown Financial Services Inc., and Birch Capital Management LLC. 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 West Oak Capital LLC, OmniStar Financial Group Inc., Summit Financial Group Inc., Hummer Financial Advisory Services Inc, Private Trust Co. NA, and First Financial Bank Trust Division. 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 $53.67.

SYSCO has a market capitalization of $27.24 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.