US Foods Holding Corp. (USFD) – What Are Researchers Saying About This Stock?

US Foods Holding Corp. (NYSE:USFD) has received an average recommendation of “Moderate Buy” from the fifteen research firms that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $115.31.

Several analysts recently weighed in on USFD shares. BMO Capital Markets reissued an “outperform” rating and issued a $120.00 price objective on shares of US Foods in a report on Friday, August 7th. Citigroup increased their target price on US Foods from $110.00 to $124.00 and gave the stock a “buy” rating in a report on Friday, August 7th. BTIG Research reiterated a “buy” rating and issued a $120.00 target price on shares of US Foods in a research report on Friday, November 6th. Weiss Ratings upgraded US Foods from a “buy (b)” rating to a “buy (a-)” rating in a report on Friday, October 23rd. Finally, Piper Sandler upped their price target on US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a research report on Wednesday, August 12th.

Insider Buying and Selling

In other US Foods news, insider Randy J. Taylor sold 11,630 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the completion of the sale, the insider owned 73,618 shares in the company, valued at $8,125,218.66. The trade was a 13.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.74% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Wellington Management Group LLP raised its stake in US Foods by 46.1% during the second quarter. Wellington Management Group LLP now owns 23,009,877 shares of the company’s stock worth $2,352,760,000 after acquiring an additional 7,259,357 shares during the period. BlackRock Inc. bought a new position in US Foods in the second quarter worth about $2,131,439,000. Primecap Management Co. CA acquired a new position in US Foods in the second quarter valued at approximately $406,997,000. Bessemer Group Inc. boosted its stake in US Foods by 1.8% in the first quarter. Bessemer Group Inc. now owns 2,926,696 shares of the company’s stock valued at $269,872,000 after acquiring an additional 51,519 shares during the period. Finally, Bank of America Corp DE boosted its stake in US Foods by 50.9% in the first quarter. Bank of America Corp DE now owns 1,520,296 shares of the company’s stock valued at $140,186,000 after acquiring an additional 512,511 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Price Performance

Shares of USFD stock opened at $109.78 on Wednesday. The firm has a fifty day simple moving average of $99.38 and a 200-day simple moving average of $95.25. The company has a market capitalization of $23.75 billion, a PE ratio of 30.67, a price-to-earnings-growth ratio of 1.39 and a beta of 0.87. US Foods has a twelve month low of $69.88 and a twelve month high of $112.57. The company has a current ratio of 1.11, a quick ratio of 0.68 and a debt-to-equity ratio of 1.14.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, November 5th. The company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.01. The firm had revenue of $10.40 billion for the quarter, compared to the consensus estimate of $10.58 billion. US Foods had a net margin of 1.97% and a return on equity of 21.37%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.07 EPS. Equities research analysts anticipate that US Foods will post 4.45 earnings per share for the current fiscal year.

US Foods Company Profile

US Foods Holding Corp. is a foodservice distributor that supplies restaurants and other foodservice businesses across the United States. Its customers include independent restaurants, healthcare and senior-care facilities, hotels, educational institutions, and government organizations. The company distributes a broad range of products, including fresh and frozen foods, meat, seafood, produce, dairy, beverages, and nonfood supplies. It also offers services and digital tools intended to help customers manage menus, purchasing, and kitchen operations.