US Foods (NYSE:USFD – Get Free Report) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.
Other research analysts also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft set a $111.00 price target on shares of US Foods and gave the stock a “buy” rating in a research report on Friday, February 13th. Morgan Stanley set a $94.00 price objective on shares of US Foods and gave the stock a “mixed” rating in a research note on Friday, February 13th. Wall Street Zen downgraded US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. UBS Group reaffirmed a “buy” rating and set a $117.00 target price on shares of US Foods in a report on Friday, February 13th. Finally, BTIG Research increased their price target on US Foods from $82.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $107.33.
Get Our Latest Report on US Foods
US Foods Trading Up 1.3%
US Foods (NYSE:USFD – Get Free Report) last issued its earnings results on Thursday, February 12th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. The company had revenue of $9.80 billion during the quarter, compared to analyst estimates of $9.90 billion. US Foods had a return on equity of 18.74% and a net margin of 1.71%.The business’s revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.84 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, analysts anticipate that US Foods will post 3.59 earnings per share for the current fiscal year.
Insider Activity
In other news, insider James David Works, Jr. sold 65,737 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the completion of the transaction, the insider directly owned 88,176 shares in the company, valued at approximately $8,510,747.52. The trade was a 42.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.60% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust increased its holdings in shares of US Foods by 303.7% during the third quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock valued at $25,000 after purchasing an additional 246 shares during the period. Measured Wealth Private Client Group LLC bought a new position in US Foods in the 3rd quarter valued at about $26,000. Steph & Co. acquired a new position in US Foods during the 4th quarter valued at about $34,000. Geneos Wealth Management Inc. increased its stake in US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after buying an additional 263 shares during the period. Finally, First Horizon Corp bought a new stake in shares of US Foods during the 3rd quarter worth about $39,000. Institutional investors and hedge funds own 98.76% of the company’s stock.
US Foods Company Profile
US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.
Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.
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