US Foods (NYSE:USFD) Price Target Raised to $124.00

US Foods (NYSE:USFD) had its price target hoisted by equities researchers at Citigroup from $110.00 to $124.00 in a report released on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price target would suggest a potential upside of 13.78% from the stock’s previous close.

Several other brokerages also recently weighed in on USFD. Wall Street Zen downgraded shares of US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. TD Cowen increased their target price on shares of US Foods from $116.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday. UBS Group reiterated a “buy” rating and set a $127.00 price target on shares of US Foods in a research note on Friday. BTIG Research boosted their price target on shares of US Foods from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Friday. Finally, Guggenheim upped their price objective on shares of US Foods from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $112.38.

US Foods Stock Up 1.9%

Shares of NYSE USFD traded up $2.01 during midday trading on Friday, hitting $108.98. 2,415,293 shares of the company’s stock were exchanged, compared to its average volume of 2,742,988. The firm’s fifty day simple moving average is $95.88 and its 200-day simple moving average is $91.82. The company has a market cap of $24.00 billion, a PE ratio of 36.69, a P/E/G ratio of 1.28 and a beta of 0.81. US Foods has a twelve month low of $69.88 and a twelve month high of $110.08. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.14 and a quick ratio of 0.70.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.08. The firm had revenue of $10.53 billion during the quarter, compared to the consensus estimate of $10.46 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Research analysts predict that US Foods will post 4.35 EPS for the current fiscal year.

Institutional Investors Weigh In On US Foods

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC acquired a new position in shares of US Foods in the 3rd quarter valued at $26,000. Steph & Co. purchased a new stake in US Foods in the 4th quarter valued at $34,000. Nalls Sherbakoff Group LLC acquired a new stake in US Foods during the 4th quarter worth $36,000. Geneos Wealth Management Inc. boosted 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 worth $37,000 after purchasing an additional 263 shares during the period. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in US Foods during the 2nd quarter worth $39,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Key Stories Impacting US Foods

Here are the key news stories impacting US Foods this week:

• Positive Sentiment: Q2 earnings and sales beat expectations. US Foods reported adjusted EPS of $1.44 versus the $1.36 consensus and revenue of $10.53 billion versus expectations of $10.46 billion. Revenue rose 4.5% year over year, while adjusted EBITDA increased 10.2% to a record $604 million. US Foods Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Volume growth and profitability trends were encouraging. Total case volume rose 1.9%, including a 5.1% increase in independent-restaurant volume, suggesting market-share gains. Net income increased 22.8% to $275 million, and adjusted EPS grew 21% from the prior year. US Foods Q2 Net Income Rises
• Positive Sentiment: Full-year guidance was reaffirmed at levels above consensus. US Foods maintained its fiscal 2026 adjusted EPS outlook of $4.696-$4.935, compared with the $4.620 consensus, and forecast revenue of $41.0-$41.8 billion. The company also repurchased $374 million of stock during the quarter. US Foods Rallies After Solid Earnings and Guidance Update
• Positive Sentiment: Analysts raised their targets and ratings. Wells Fargo lifted its target from $110 to $125 and assigned an “overweight” rating. BTIG raised its target from $105 to $120 and upgraded its stance to “buy,” reinforcing the bullish reaction to the earnings release. Analyst Price Target Updates
• Neutral Sentiment: Valuation is becoming a concern. One analysis argues that USFD may be expensive after its substantial five-year gain, potentially making the stock more sensitive to any slowdown in earnings or margin growth. US Foods Stock May Be Pricey Despite Five-Year Return
• Negative Sentiment: Recent insider activity has been exclusively selling. Disclosed transactions show executives sold shares during the past six months without reported open-market purchases, a modestly negative signal that may temper investor enthusiasm.

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.