NYSE:SYYSYSCO Stock Price, Forecast & News

SYSCO's stock was trading at $55.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SYY shares have decreased by 6.2% and is now trading at $51.75. 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, 6 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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) announced its quarterly 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 business had revenue of $13.70 billion for the quarter, compared to analyst estimates of $14.04 billion. SYSCO had a net margin of 2.30% and a return on equity of 73.70%. SYSCO's quarterly revenue was down 6.5% compared to the same quarter last year. 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 Thursday, February 27th. Stockholders 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 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend is Thursday, April 2nd. View SYSCO's dividend history.

12 equities research analysts have issued 1-year price objectives for SYSCO's stock. 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.

News headlines about SYY stock have trended somewhat positive on Monday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring 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 1.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutSYSCO.

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 presently 2.3 days. Approximately 2.8% of the shares of the stock 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 number of retail and institutional investors. Top institutional shareholders 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.

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.

SYY stock was bought 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.

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 $51.75.

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.

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.