NYSE:SYY - SYSCO Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$67.35 +0.34 (+0.51 %)
(As of 02/20/2019 04:00 PM ET)
Previous Close$67.01
Today's Range$66.73 - $67.53
52-Week Range$58.12 - $75.98
Volume2.68 million shs
Average Volume3.79 million shs
Market Capitalization$34.58 billion
P/E Ratio21.45
Dividend Yield2.33%
Beta0.53
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 June 30, 2018, it operated 332 distribution facilities in North America and Europe. Sysco Corporation was founded in 1969 and is headquartered in Houston, Texas.

Receive SYY News and Ratings via Email

Sign-up to receive the latest news and ratings for SYY and its competitors with MarketBeat's FREE daily newsletter.

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$58.73 billion
Cash Flow$4.6967 per share
Book Value$4.22 per share

Profitability

Net Income$1.43 billion

Miscellaneous

Employees67,000
Market Cap$34.58 billion
OptionableOptionable

SYSCO (NYSE:SYY) Frequently Asked Questions

What is SYSCO's stock symbol?

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

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

SYSCO announced a quarterly dividend on Thursday, November 15th. Shareholders of record on Friday, January 4th will be given a dividend of $0.39 per share on Friday, January 25th. This represents a $1.56 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend is Thursday, January 3rd. This is a boost from SYSCO's previous quarterly dividend of $0.36. View SYSCO's Dividend History.

How were SYSCO's earnings last quarter?

SYSCO Co. (NYSE:SYY) posted its quarterly earnings data on Monday, February, 4th. The company reported $0.75 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.72 by $0.03. The firm had revenue of $14.80 billion for the quarter, compared to analysts' expectations of $14.75 billion. SYSCO had a return on equity of 71.45% and a net margin of 2.48%. The company's revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter last year, the business posted $0.78 EPS. View SYSCO's Earnings History.

When is SYSCO's next earnings date?

SYSCO is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for SYSCO.

What price target have analysts set for SYY?

11 brokerages have issued 12-month target prices for SYSCO's shares. Their forecasts range from $54.00 to $86.00. On average, they expect SYSCO's stock price to reach $72.9167 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for SYSCO.

What is the consensus analysts' recommendation for SYSCO?

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

What are Wall Street analysts saying about SYSCO stock?

Here are some recent quotes from research analysts about SYSCO stock:
  • 1. According to Zacks Investment Research, "Sysco, which has seen its shares decline in the past six months has been battling cost-related woes. This along with a mixed international performance weighed on the company’s second-quarter fiscal 2019 results. During the quarter, Sysco’s U.S. Foodservice operating expenses rose, due to high supply-chain costs related to transport and warehouse. The company’s International unit also saw supply-chain hurdles. These factors along with high interest expenses and increased investment costs hit Sysco’s earnings. Further, International sales remained mixed, with Brexit related worries being a drag on the performance in the U.K. Nonetheless, Sysco’s U.S. Foodservice sales remained sturdy. Notably, local case volumes in this unit have been rising for 19 straight quarters now, with rising restaurant sales being a key driver. Also, Sysco’s strategic priorities bode well." (2/6/2019)
  • 2. Pivotal Research analysts commented, "We maintain our SELL primarily on the pressures facing Sysco’s international operations and SYGMA. While the U.K. is the biggest source of uncertainty in relation to Brakes, Sysco’s Canadian operations are also facing similar expense pressures based on higher inbound freight costs and driver shortages. The issues at Brakes are of great concern based on the rapid decline in U.K. consumer spending in recent months and continued Brexit uncertainty going forward." (2/1/2019)

Has SYSCO been receiving favorable news coverage?

Media headlines about SYY stock have trended neutral this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news 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 five, with scores closest to five being the most favorable. SYSCO earned a media sentiment score of 0.3 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the immediate future.

Who are some of SYSCO's key competitors?

Who are SYSCO's key executives?

SYSCO's management team includes the folowing 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)

Who are SYSCO's major shareholders?

SYSCO's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.55%), Trian Fund Management L.P. (5.51%), Bank of America Corp DE (3.50%), Oregon Public Employees Retirement Fund (1.92%), Parnassus Investments CA (1.61%) and Northern Trust Corp (1.25%). Company insiders that own SYSCO stock include Brian R Todd, Daniel J Brutto, Greg D Bertrand, Joel T Grade, Joshua D Frank, Paul T Moskowitz, Richard G Tilghman, Robert S Charlton, Russell T Libby, Trian Fund Management, LP, Wayne Shurts, William J Delaney III and William W Goetz. View Institutional Ownership Trends for SYSCO.

Which major investors are selling SYSCO stock?

SYY stock was sold by a variety of institutional investors in the last quarter, including Trian Fund Management L.P., Smith Asset Management Group LP, O Shaughnessy Asset Management LLC, Bank of Montreal Can, Signature Estate & Investment Advisors LLC, First Quadrant L P CA, Retirement Systems of Alabama and WINTON GROUP Ltd. Company insiders that have sold SYSCO company stock in the last year include Brian R Todd, Joel T Grade, Joshua D Frank, Paul T Moskowitz, Richard G Tilghman, Robert S Charlton, Russell T Libby, Trian Fund Management, LP and Wayne Shurts. View Insider Buying and Selling for SYSCO.

Which major investors are buying SYSCO stock?

SYY stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., Parnassus Investments CA, Geode Capital Management LLC, California Public Employees Retirement System, D. E. Shaw & Co. Inc., Bank of Nova Scotia and Northern Trust Corp. Company insiders that have bought SYSCO stock in the last two years include Daniel J Brutto and Trian Fund Management, LP. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is SYSCO's stock price today?

One share of SYY stock can currently be purchased for approximately $67.35.

How big of a company is SYSCO?

SYSCO has a market capitalization of $34.58 billion and generates $58.73 billion in revenue each year. The company earns $1.43 billion in net income (profit) each year or $3.14 on an earnings per share basis. SYSCO employs 67,000 workers across the globe.

What is SYSCO's official website?

The official website for SYSCO is http://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.


MarketBeat Community Rating for SYSCO (NYSE SYY)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  337 (Vote Outperform)
Underperform Votes:  530 (Vote Underperform)
Total Votes:  867
MarketBeat's community ratings are surveys of what our community members think about SYSCO and other stocks. Vote "Outperform" if you believe SYY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SYY will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

Featured Article: Liquidity

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel