NYSE:SYYSYSCO Stock Price, Forecast & News

SYSCO's stock was trading at $55.15 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SYY shares have increased by 10.3% and is now trading at $60.84.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 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, November 2nd 2020.
View our earnings forecast for SYSCO.

SYSCO Co. (NYSE:SYY) released its quarterly earnings data on Tuesday, August, 11th. The company reported ($0.29) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.30) by $0.01. The company earned $8.87 billion during the quarter, compared to the consensus estimate of $10.12 billion. SYSCO had a return on equity of 73.70% and a net margin of 2.30%. The business's revenue for the quarter was down 42.7% on a year-over-year basis. During the same period last year, the company earned $1.10 earnings per share.
View SYSCO's earnings history.

SYSCO declared 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 2.96%. The ex-dividend date is Wednesday, July 1st.
View SYSCO's dividend history.

11 Wall Street analysts have issued 12 month price targets for SYSCO's stock. Their forecasts range from $57.00 to $94.00. On average, they expect SYSCO's stock price to reach $71.20 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price.
View analysts' price targets for SYSCO.

News articles about SYY stock have trended very negative recently, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SYSCO earned a media sentiment score of -3.9 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
View the latest news about SYSCO.

SYSCO saw a increase in short interest in April. As of April 30th, there was short interest totaling 14,170,000 shares, an increase of 33.4% from the April 15th total of 10,620,000 shares. Based on an average daily trading volume, of 6,280,000 shares, the short-interest ratio is presently 2.3 days. Approximately 2.8% of the shares of the company 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), Alkaline Water (WTER), Coffee (JVA) and Rave Restaurant Group (RAVE).
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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), Verizon Communications (VZ), Pfizer (PFE), Coca-Cola (KO), Intel (INTC), Exxon Mobil (XOM), Cisco Systems (CSCO) and Procter & Gamble (PG).

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

SYSCO's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Yacktman Asset Management LP (1.13%), Victory Capital Management Inc. (0.94%), Bank of New York Mellon Corp (0.77%), Sumitomo Mitsui Trust Holdings Inc. (0.67%), Bank of Montreal Can (0.56%) and Clarkston Capital Partners LLC (0.51%). 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 California Public Employees Retirement System, Unigestion Holding SA, Goldman Sachs Group Inc., Robeco Institutional Asset Management B.V., Retirement Systems of Alabama, Teacher Retirement System of Texas, Boston Trust Walden Corp, and CWM 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 Coho Partners Ltd., Victory Capital Management Inc., Allen Investment Management LLC, Cannell Peter B & Co. Inc., SeaTown Holdings Pte. Ltd., State of Wisconsin Investment Board, ProShare Advisors LLC, and Huntington National Bank. 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 $60.84.

SYSCO has a market capitalization of $30.88 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.