NYSE:SYYSYSCO 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 stock has decreased by 2.0% and is now trading at $54.06. 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) released its quarterly earnings results on Tuesday, May, 5th. The company reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 2.30% and a return on equity of 73.70%. The company's revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 EPS. 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 3.33%. The ex-dividend date of this dividend is Wednesday, July 1st. View SYSCO's dividend history.

12 Wall Street analysts have issued 12-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 twelve months. This suggests a possible upside of 29.9% from the stock's current price. View analysts' price targets for SYSCO.

Media headlines about SYY stock have trended negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. SYSCO earned a news impact score of -2.8 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about SYSCO.

SYSCO saw a drop in short interest in June. As of June 15th, there was short interest totaling 14,270,000 shares, a drop of 10.8% from the May 31st total of 15,990,000 shares. Based on an average daily trading volume, of 6,870,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.8% of the shares of the stock 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 variety of retail and institutional investors. Top institutional investors include Park National Corp OH (0.01%), First Financial Bank Trust Division (0.00%) and Birch Capital Management LLC (0.00%). 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 Park National Corp OH, 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 purchased by a variety of institutional investors in the last quarter, including 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 $54.06.

SYSCO has a market capitalization of $27.44 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.