NYSE:SYYSYSCO Stock Price, Forecast & 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. Since then, SYY shares have decreased by 3.9% and is now trading at $53.02. 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) posted its quarterly earnings data 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 the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business posted $0.79 earnings per share. View SYSCO's earnings history.

SYSCO announced a quarterly dividend on Friday, May 22nd. Shareholders of record on Thursday, July 2nd will be paid 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 3.39%. The ex-dividend date of this dividend is Wednesday, July 1st. View SYSCO's dividend history.

12 brokers have issued 12-month price targets for SYSCO's stock. Their forecasts range from $51.00 to $94.00. On average, they expect SYSCO's share price to reach $70.25 in the next year. This suggests a possible upside of 32.5% from the stock's current price. View analysts' price targets for SYSCO.

News articles about SYY stock have trended negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SYSCO earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about SYSCO.

SYSCO saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 13,400,000 shares, a decline of 6.1% from the June 15th total of 14,270,000 shares. Based on an average trading volume of 5,670,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 2.7% of the shares of the company are sold short. 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 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, First Financial Bank Trust Division, and TRUE Private Wealth Advisors. 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 $53.02.

SYSCO has a market capitalization of $26.91 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.