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

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$66.39 +0.17 (+0.26 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$66.39
Today's Range$66.15 - $66.95
52-Week Range$54.30 - $75.98
Volume5.74 million shs
Average Volume3.13 million shs
Market Capitalization$34.55 billion
P/E Ratio20.90
Dividend Yield2.17%
Beta0.56
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Groceries & related products
Sub-IndustryFood Distributors
SectorConsumer Staples
Current SymbolNYSE:SYY
Previous Symbol
CUSIP87182910
Phone281-584-1390

Debt

Debt-to-Equity Ratio3.00
Current Ratio1.30
Quick Ratio0.80

Price-To-Earnings

Trailing P/E Ratio20.90
Forward P/E Ratio19.53
P/E Growth1.88

Sales & Book Value

Annual Sales$58.73 billion
Price / Sales0.59
Cash Flow$4.7052 per share
Price / Cash14.11
Book Value$5.08 per share
Price / Book13.07

Profitability

EPS (Most Recent Fiscal Year)$3.14
Net Income$1.43 billion
Net Margins2.52%
Return on Equity68.81%
Return on Assets9.15%

Miscellaneous

Employees67,000
Outstanding Shares519,790,000
Market Cap$34.55 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 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Thursday, January 3rd. This is an increase 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, November, 5th. The company reported $0.91 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.92 by $0.01. The company earned $15.22 billion during the quarter, compared to analyst estimates of $15.39 billion. SYSCO had a return on equity of 68.81% and a net margin of 2.52%. The business's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.74 earnings per share. View SYSCO's Earnings History.

When is SYSCO's next earnings date?

SYSCO is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for SYSCO.

What price target have analysts set for SYY?

11 analysts have issued 12-month price targets for SYSCO's stock. Their predictions range from $62.00 to $86.00. On average, they anticipate SYSCO's stock price to reach $73.75 in the next twelve months. This suggests a possible upside of 11.1% 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, 4 hold ratings and 6 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 has outdone the industry in a year, gaining from its sturdy U.S. Foodservice Operations. The trend continued in fourth-quarter fiscal 2018, wherein U.S. Foodservice sales advanced 6.1% with local case volumes up 5%. Markedly, local case volumes here have been improving year over year for 17 straight quarters. The company also gained from favorable results in its International segment. Notably, with fourth-quarter results, Sysco marked the successful completion of its three-year financial plan, wherein it exceeded certain metrics. On the flip side, the company continues to bear the brunt of higher inbound freight costs and food cost inflation, which hurt its U.S. segment gross margin. Product cost inflation also served as a headwind for the International unit, which remains pressurized by adverse currency movements in the U.K. Nonetheless, we expect Sysco’s strategies for 2020 to help it sustain the solid momentum." (11/16/2018)
  • 2. Pivotal Research analysts commented, "We also question how long Sysco can remain immune from the recent industry pressures in its U.S Foodservice operations. Both US Foods and PFGC are spending heavily on marketing associates to address a general slowdown in case volumes to independents. The factors behind the recent earnings setbacks at PFGC and USFD should also have some relevance for Sysco. Ahead of 1Q19 earnings on 11/5, we are lowering our estimates to account for slightly higher expense assumptions." (11/2/2018)

Has SYSCO been receiving favorable news coverage?

Media stories about SYY stock have trended neutral recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. SYSCO earned a coverage optimism score of 0.1 on InfoTrie's scale. They also assigned 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.

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, Pres, CEO & Director (Age 56)
  • Mr. Joel T. Grade, Exec. VP & CFO (Age 47)
  • Mr. Wayne R. Shurts, Exec. VP & CTO (Age 59)
  • Mr. Russell T. Libby, Exec. VP of Admin. & Corp. Sec. (Age 52)
  • Mr. William J. DeLaney III, Advisor & Mentor (Age 62)

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. (6.17%), Capital World Investors (2.42%), Janus Henderson Group PLC (1.12%), American Century Companies Inc. (0.91%), Bank of Montreal Can (0.87%) and Yacktman Asset Management LP (0.78%). 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 B Day, 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 Victory Capital Management Inc., Glenmede Trust Co. NA, American Century Companies Inc., FMR LLC, Mitsubishi UFJ Trust & Banking Corp, Yacktman Asset Management LP, Great West Life Assurance Co. Can and JPMorgan Chase & Co.. Company insiders that have sold SYSCO company stock in the last year include Brian R Todd, Greg D Bertrand, Joel T Grade, Joshua D Frank, Paul T Moskowitz, Richard G Tilghman, Russell T Libby, Trian Fund Management, LP, Wayne Shurts and William W Goetz. 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 Renaissance Technologies LLC, Alliancebernstein L.P., Canada Pension Plan Investment Board, Connor Clark & Lunn Investment Management Ltd., Standard Life Aberdeen plc, Hsbc Holdings PLC, Retirement Systems of Alabama and Los Angeles Capital Management & Equity Research Inc.. 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 $66.39.

How big of a company is SYSCO?

SYSCO has a market capitalization of $34.55 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:  304 (Vote Outperform)
Underperform Votes:  507 (Vote Underperform)
Total Votes:  811
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 11/17/2018 by MarketBeat.com Staff

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