Top-Rated Dividend StocksTop-Rated DividendNYSE:SYY Sysco (SYY) Stock Price, News & Analysis $78.58 -0.40 (-0.51%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$78.41▼$79.6550-Day Range$69.16▼$78.9852-Week Range$62.24▼$82.89Volume2.16 million shsAverage Volume2.17 million shsMarket Capitalization$39.13 billionP/E Ratio19.17Dividend Yield2.60%Price Target$85.27 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Sysco alerts: Email Address Sysco MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside8.5% Upside$85.27 Price TargetShort InterestHealthy2.21% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-2.02Upright™ Environmental ScoreNews Sentiment0.87Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth8.04%From $4.60 to $4.97 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.33 out of 5 starsConsumer Staples Sector22nd out of 136 stocksGroceries & Related Products Industry2nd out of 4 stocks 1.4 Analyst's Opinion Consensus RatingSysco has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSysco has only been the subject of 4 research reports in the past 90 days.Read more about Sysco's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.21% of the float of Sysco has been sold short.Short Interest Ratio / Days to CoverSysco has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Sysco has recently decreased by 1.97%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldSysco pays a meaningful dividend of 2.61%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSysco has been increasing its dividend for 56 years.Dividend CoverageThe dividend payout ratio of Sysco is 49.76%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Sysco will have a dividend payout ratio of 41.05% next year. This indicates that Sysco will be able to sustain or increase its dividend.Read more about Sysco's dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSysco has received a 23.19% net impact score from Upright. Sysco seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Wholesale of nuts", "Wholesale of sweeteners", "Wholesale of baking accessories", "Wholesale of spices and condiments", "Wholesale of alternative protein food products", and "Wholesale of seeds" products. See details.Environmental SustainabilityThe Environmental Impact score for Sysco is -2.02. Previous Next 2.7 News and Social Media Coverage News SentimentSysco has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Sysco this week, compared to 9 articles on an average week.Search InterestOnly 20 people have searched for SYY on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Sysco to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Sysco insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.58% of the stock of Sysco is held by insiders.Percentage Held by Institutions83.41% of the stock of Sysco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Sysco's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Sysco are expected to grow by 8.04% in the coming year, from $4.60 to $4.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Sysco is 19.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Sysco is 19.17, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.25.Price to Earnings Growth RatioSysco has a PEG Ratio of 2.05. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSysco has a P/B Ratio of 20.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Sysco's valuation and earnings. 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The company distributes frozen food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; dairy products; beverages; imported specialties; and fresh produce products. It also supplies various non-food items, including paper products comprising disposable napkins, plates, and cups; tableware consisting of glassware and silverware; cookware, such as pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. The company serves restaurants, hospitals and nursing facilities, schools and colleges, hotels and motels, industrial caterers, and other foodservice venues. Sysco Corporation was incorporated in 1969 and is headquartered in Houston, Texas.Read More SYY Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SYY Stock News HeadlinesSeptember 7 at 5:41 PM | finance.yahoo.comHow Much Would It Take To Earn $100 A Month From Sysco Stock?September 6 at 3:41 AM | markets.businessinsider.comBarclays Sticks to Its Buy Rating for Sysco (SYY)September 7, 2024 | Weiss Ratings (Ad)Who are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.September 5 at 6:00 PM | globenewswire.comCanada's Largest Food Distributor Adds Electric Tractors to Fleet in Victoria, British ColumbiaSeptember 5 at 8:32 AM | seekingalpha.comSysco Corporation (SYY) Barclays 17th Annual Global Consumer Staples Conference (Transcript)September 4 at 1:41 AM | americanbankingnews.comSysco (NYSE:SYY) Rating Increased to Strong-Buy at StockNews.comSeptember 3, 2024 | finance.yahoo.comSysco (NYSE:SYY) Might Become A Compounding MachineSeptember 3, 2024 | finance.yahoo.comSysco Announces Winners From Packaging Innovation ContestSeptember 7, 2024 | Weiss Ratings (Ad)Who are Nvidia’s New Silent Partners?Nvidia recently became just the third $2 trillion company. But Nvidia can’t do everything by itself.September 2, 2024 | finance.yahoo.comSysco Corporation (SYY): One of the Best Alternative Meat Stocks to Invest InSeptember 2, 2024 | americanbankingnews.comSysco Co. (NYSE:SYY) Given Consensus Rating of "Moderate Buy" by AnalystsSeptember 1, 2024 | benzinga.comPeering Into Sysco's Recent Short InterestAugust 27, 2024 | finance.yahoo.comShould You Be Adding Sysco (NYSE:SYY) To Your Watchlist Today?August 27, 2024 | msn.comIs this a Good Time to Add Sysco Corporation (SYY) to Your Portfolio?August 23, 2024 | stocknews.com2 Food Stocks to Buy for Consistent ReturnsAugust 21, 2024 | bizjournals.comHalfmoon food distribution center sold for $50 millionAugust 21, 2024 | insidebitcoins.comIs It Too Late To Buy SYS? Syscoin Price Skyrockets 116% In A Week And This Might Be The Next Crypto To ExplodeAugust 21, 2024 | insidebitcoins.comNext Cryptocurrency to Explode Tuesday, August 20 — Wormhole, Artificial Superintelligence Alliance, Syscoin, Sun TokenSee More Headlines Receive SYY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Sysco and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/26 Dividend7/05/2024Dividend Payable7/26/2024Last Earnings7/30/2024Today9/07/2024Ex-Dividend for 10/25 Dividend10/04/2024Dividend Payable10/25/2024Next Earnings (Estimated)10/29/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Staples Industry Groceries & related products Sub-IndustryFood Distributors Current SymbolNYSE:SYY CUSIP87182910 CIK96021 Webwww.sysco.com Phone(281) 584-1390Fax281-584-1390Employees72,000Year Founded1969Price Target and Rating Average Stock Price Target$85.27 High Stock Price Target$90.00 Low Stock Price Target$79.00 Potential Upside/Downside+8.5%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.10 Trailing P/E Ratio19.17 Forward P/E Ratio17.08 P/E Growth2.05Net Income$1.96 billion Net Margins2.48% Pretax Margin3.25% Return on Equity102.09% Return on Assets8.88% Debt Debt-to-Equity Ratio6.19 Current Ratio1.20 Quick Ratio0.69 Sales & Book Value Annual Sales$78.84 billion Price / Sales0.50 Cash Flow$6.38 per share Price / Cash Flow12.32 Book Value$3.78 per share Price / Book20.79Miscellaneous Outstanding Shares497,982,000Free Float495,094,000Market Cap$39.13 billion OptionableOptionable Beta1.20 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Kevin P. Hourican (Age 50)CEO & Chairman Comp: $3.27MMr. Kenny K. Cheung (Age 42)CFO & Executive VP Comp: $937.45kMr. Greg D. Bertrand (Age 60)Executive VP & Global Chief Operating Officer Comp: $1.75MMr. Thomas R. Peck Jr. (Age 56)Executive VP, Chief Information & Digital Officer Comp: $1.38MMr. Neil A. Russell (Age 53)SVP & Chief Administrative Officer Comp: $1.09MMs. Jennifer L. Johnson (Age 51)Senior VP & Chief Accounting Officer Mr. Kevin J. KimVice President of Investor RelationsMs. Eve M. Mcfadden (Age 47)Senior VP of Legal, General Counsel & Corporate Secretary Mr. Jose ColondresVice President of ComplianceMr. Gregory Scott Keller (Age 53)Senior Vice President of National Accounts, Sales & SYGMA More ExecutivesKey CompetitorsAndersonsNASDAQ:ANDEChefs' WarehouseNASDAQ:CHEFUnited Natural FoodsNYSE:UNFISpartanNashNASDAQ:SPTNDomino's PizzaNYSE:DPZView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 88,581 shares on 9/5/2024Ownership: 0.018%Brown Financial AdvisorsBought 9,371 shares on 8/30/2024Ownership: 0.002%Heritage Oak Wealth Advisors LLCBought 8,266 shares on 8/28/2024Ownership: 0.002%Dana Investment Advisors Inc.Bought 538 shares on 8/27/2024Ownership: 0.054%Clearbridge Investments LLCSold 956 shares on 8/27/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions Should I Buy Sysco Stock? SYY Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Sysco Co.: Recent developments in Sysco Co. have shown a strong growth trajectory, indicating potential for future profitability. The company's current stock price is favorable for investors, offering a good entry point for those looking to invest. Sysco Co. has a solid track record of financial stability and consistent performance in the market. Strategic partnerships and acquisitions by Sysco Co. have expanded its market reach and product offerings, enhancing growth prospects. The company's focus on innovation and technology integration is positioning it well for future industry trends and demands. Cons Investors should be bearish about investing in Sysco Co. for these reasons: Market volatility and economic uncertainties could impact Sysco Co.'s financial performance and stock price. Increased competition in the industry may pose challenges for Sysco Co. in maintaining market share and profitability. Regulatory changes or disruptions in the supply chain could affect Sysco Co.'s operations and financial results. Fluctuations in commodity prices and currency exchange rates may impact Sysco Co.'s cost structure and margins. Global events or geopolitical tensions could have adverse effects on Sysco Co.'s international operations and revenue streams. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 18, 2024. Please send any questions or comments about these Sysco pros and cons to contact@marketbeat.com. SYY Stock Analysis - Frequently Asked Questions How have SYY shares performed this year? Sysco's stock was trading at $73.13 on January 1st, 2024. Since then, SYY stock has increased by 7.5% and is now trading at $78.58. View the best growth stocks for 2024 here. How were Sysco's earnings last quarter? Sysco Co. (NYSE:SYY) announced its quarterly earnings results on Tuesday, July, 30th. The company reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.01. Sysco's revenue for the quarter was up 4.2% compared to the same quarter last year. Read the conference call transcript. What is Kevin Hourican's approval rating as Sysco's CEO? 112 employees have rated Sysco Chief Executive Officer Kevin Hourican on Glassdoor.com. Kevin Hourican has an approval rating of 66% among the company's employees. Does Sysco have any subsidiaries? Sysco subsidiaries include these companies: Upsys, J. Kings Food Service Professionals, J & M Wholesale Meats, Waugh Foods, Doerle Food Service, Supplies on the Fly, North Star Seafood, and more. Who are Sysco's major shareholders? Top institutional shareholders of Sysco include Ameriprise Financial Inc. (1.73%), Longview Partners Guernsey LTD (1.31%), Diamond Hill Capital Management Inc. (1.21%) and Bank of New York Mellon Corp (1.08%). Insiders that own company stock include Kevin Hourican, Greg D Bertrand, Neil Russell, Aaron E Alt, Sheila Talton, James Chris Jasper, Cathy Marie Robinson and Anita A Zielinski. View institutional ownership trends. How do I buy shares of Sysco? Shares of SYY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Sysco own? Based on aggregate information from My MarketBeat watchlists, some other companies that Sysco investors own include Johnson & Johnson (JNJ), AT&T (T), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Intel (INTC) and Coca-Cola (KO). 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