US Foods (NYSE:USFD) Upgraded by TD Cowen to “Strong-Buy” Rating

TD Cowen upgraded shares of US Foods (NYSE:USFD) to a strong-buy rating in a research report sent to investors on Tuesday,Zacks.com reports.

USFD has been the topic of several other research reports. Piper Sandler cut their price objective on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. BTIG Research dropped their target price on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Zacks Research lowered shares of US Foods from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 1st. Citigroup reduced their price target on shares of US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Wall Street Zen lowered shares of US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $106.31.

US Foods Price Performance

NYSE USFD opened at $103.99 on Tuesday. US Foods has a 1 year low of $69.88 and a 1 year high of $105.17. The business’s fifty day moving average is $89.62 and its two-hundred day moving average is $88.42. The stock has a market capitalization of $22.90 billion, a P/E ratio of 35.01, a P/E/G ratio of 1.31 and a beta of 0.79. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14.

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

Institutional Trading of US Foods

Institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of US Foods by 85.8% during the 1st quarter. Royal Bank of Canada now owns 148,512 shares of the company’s stock worth $9,722,000 after purchasing an additional 68,567 shares in the last quarter. Empowered Funds LLC acquired a new position in US Foods in the first quarter worth approximately $359,000. Sivia Capital Partners LLC bought a new position in US Foods during the second quarter valued at approximately $526,000. Brown Advisory Inc. acquired a new stake in US Foods in the second quarter valued at approximately $252,000. Finally, Cerity Partners LLC lifted its stake in US Foods by 20.5% in the second quarter. Cerity Partners LLC now owns 47,977 shares of the company’s stock valued at $3,695,000 after acquiring an additional 8,162 shares during the last quarter. 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.