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NYSE:SYYSYSCO Stock Price, Forecast & News

$51.75
-0.73 (-1.39 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$51.17
Now: $51.75
$52.80
50-Day Range
$39.50
MA: $49.70
$58.60
52-Week Range
$26.00
Now: $51.75
$85.98
Volume3.54 million shs
Average Volume5.36 million shs
Market Capitalization$26.27 billion
P/E Ratio19.68
Dividend Yield3.48%
Beta1.15
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. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, and SYGMA. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of 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 February 25, 2019, it operated 330 distribution facilities worldwide. Sysco Corporation was founded in 1969 and is headquartered in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.2Community Rank: 2.1Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.14 out of 5 stars


Industry, Sector and Symbol

Industry Groceries & related products
Sub-IndustryFood Distributors
SectorConsumer Staples
CUSIP87182910
Phone281-584-1390

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$60.11 billion
Cash Flow$5.14 per share
Book Value$4.00 per share

Profitability

Net Income$1.67 billion

Miscellaneous

Employees69,000
Market Cap$26.27 billion
Next Earnings Date8/10/2020 (Estimated)
OptionableOptionable

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SYSCO (NYSE:SYY) Frequently Asked Questions

How has SYSCO's stock been impacted by COVID-19 (Coronavirus)?

SYSCO's stock was trading at $55.15 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SYY stock has decreased by 6.2% and is now trading at $51.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of SYSCO?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SYSCO in the last year. There are currently 1 sell rating, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for SYSCO.

When is SYSCO's next earnings date?

SYSCO is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for SYSCO.

How were SYSCO's earnings last quarter?

SYSCO Co. (NYSE:SYY) issued its earnings results on Tuesday, May, 5th. The company reported $0.45 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 net margin of 2.30% and a return on equity of 73.70%. The firm's revenue was down 6.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.79 EPS. View SYSCO's earnings history.

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

SYSCO declared a quarterly dividend on Thursday, February 27th. Investors of record on Friday, April 3rd will be paid a dividend of $0.45 per share on Friday, April 24th. This represents a $1.80 annualized dividend and a dividend yield of 3.48%. The ex-dividend date is Thursday, April 2nd. View SYSCO's dividend history.

What price target have analysts set for SYY?

12 equities research analysts have issued 1 year price objectives for SYSCO's shares. Their forecasts range from $47.00 to $94.00. On average, they expect SYSCO's share price to reach $69.89 in the next year. This suggests a possible upside of 35.0% from the stock's current price. View analysts' price targets for SYSCO.

Has SYSCO been receiving favorable news coverage?

News stories about SYY stock have been trending extremely negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SYSCO earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutSYSCO.

Are investors shorting SYSCO?

SYSCO saw a increase in short interest in May. As of May 15th, there was short interest totaling 14,170,000 shares, an increase of 33.4% from the April 30th total of 10,620,000 shares. Based on an average daily volume of 6,280,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.8% of the shares of the company are short sold. View SYSCO's Current Options Chain.

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

Who are SYSCO's key executives?

SYSCO's management team includes the following people:
  • Mr. Thomas L. Bené, Chairman of the board, Pres & CEO (Age 57)
  • Mr. Joel T. Grade, Exec. VP & CFO (Age 48)
  • Mr. Russell T. Libby, Advisor (Age 53)
  • Mr. Greg D. Bertrand, Exec. VP of U.S. Foodservice Operations (Age 55)
  • Mr. Wayne R. Shurts, Advisor (Age 60)

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.68%), Wellington Management Group LLP (5.27%), State Street Corp (5.20%), Longview Partners Guernsey LTD (2.25%), Janus Henderson Group PLC (2.03%) and Wells Fargo & Company MN (1.96%). Company insiders that own SYSCO stock include Brian R Todd, Greg D Bertrand, Hans-Joachim Koerber, Joel T Grade, 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.

Which institutional investors are selling SYSCO stock?

SYY stock was sold by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Two Sigma Advisers LP, Nuveen Asset Management LLC, Hexavest Inc., Bessemer Group Inc., Canada Pension Plan Investment Board, Healthcare of Ontario Pension Plan Trust Fund, and Robeco Institutional Asset Management B.V.. 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.

Which institutional investors are buying SYSCO stock?

SYY stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Longview Partners Guernsey LTD, Capital International Investors, Yacktman Asset Management LP, Unigestion Holding SA, Alyeska Investment Group L.P., Sumitomo Mitsui Trust Holdings Inc., and APG Asset Management N.V.. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is SYSCO's stock price today?

One share of SYY stock can currently be purchased for approximately $51.75.

How big of a company is SYSCO?

SYSCO has a market capitalization of $26.27 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.

What is SYSCO's official website?

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

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.

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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