NYSE:SYYSYSCO Stock Price, Forecast & News

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 shares have decreased by 7.6% and is now trading at $50.98. 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) released its earnings results on Tuesday, May, 5th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.08. The company had revenue of $13.70 billion for 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 business's revenue was down 6.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.79 earnings per share. View SYSCO's earnings history.

SYSCO announced a quarterly dividend on Friday, May 22nd. Stockholders of record on Thursday, July 2nd will be given a dividend of $0.45 per share on Friday, July 24th. This represents a $1.80 dividend on an annualized basis and a yield of 3.53%. 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 shares. Their forecasts range from $51.00 to $94.00. On average, they expect SYSCO's share price to reach $70.25 in the next twelve months. This suggests a possible upside of 37.8% from the stock's current price. View analysts' price targets for SYSCO.

News coverage about SYY stock has been trending negative on Friday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. SYSCO earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned news stories 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 next several days. View the latest news about SYSCO.

SYSCO saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 13,400,000 shares, a decrease 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 currently 2.4 days. Currently, 2.7% of the shares of the stock are short sold. 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 many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.05%), State of Alaska Department of Revenue (0.03%), Jacobs & Co. CA (0.02%), Woodstock Corp (0.02%), DNB Asset Management AS (0.01%) and Truehand Inc (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, First National Bank of Mount Dora Trust Investment Services, Woodstock Corp, DNB Asset Management AS, West Branch Capital LLC, Foundations Investment Advisors LLC, and Ipswich Investment Management Co. Inc.. 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 West Oak Capital LLC, Everence Capital Management Inc., Triangle Securities Wealth Management, Canandaigua National Corp, Envestnet Asset Management Inc., OmniStar Financial Group Inc., Summit Financial Group Inc., and Clarius Group LLC. 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 $50.98.

SYSCO has a market capitalization of $25.88 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.