US Foods (NYSE:USFD) Reaches New 1-Year High – What’s Next?

Shares of US Foods Holding Corp. (NYSE:USFD) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $104.43 and last traded at $103.9240, with a volume of 2488290 shares changing hands. The stock had previously closed at $104.29.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on USFD. Weiss Ratings downgraded US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Wall Street Zen cut shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. dropped their price objective on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. BTIG Research reduced their price objective on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Finally, Zacks Research lowered shares of US Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 1st. Ten equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, US Foods presently has an average rating of “Moderate Buy” and an average target price of $105.50.

US Foods Trading Down 1.2%

The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16. The firm has a market cap of $22.70 billion, a PE ratio of 34.78, a P/E/G ratio of 1.33 and a beta of 0.79. The business has a fifty day moving average price of $89.21 and a 200 day moving average price of $88.04.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.04). The business had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.US Foods’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.68 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts forecast that US Foods Holding Corp. will post 4.34 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Royal Bank of Canada boosted its stake in US Foods by 85.8% in the first quarter. Royal Bank of Canada now owns 148,512 shares of the company’s stock valued at $9,722,000 after acquiring an additional 68,567 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of US Foods during the first quarter worth about $359,000. Sivia Capital Partners LLC purchased a new stake in shares of US Foods in the 2nd quarter valued at about $526,000. Brown Advisory Inc. acquired a new stake in shares of US Foods in the 2nd quarter valued at about $252,000. Finally, Cerity Partners LLC boosted its position in shares of US Foods by 20.5% in the 2nd quarter. Cerity Partners LLC now owns 47,977 shares of the company’s stock valued at $3,695,000 after purchasing an additional 8,162 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

About US Foods

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.