US Foods Holding Corp. (NYSE:USFD - Get Free Report) has been assigned an average rating of "Buy" from the thirteen research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $70.33.
A number of analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of US Foods from $68.00 to $69.00 and gave the stock a "neutral" rating in a research report on Friday, November 8th. Morgan Stanley lifted their price objective on US Foods from $76.00 to $82.00 and gave the company an "overweight" rating in a research report on Tuesday, January 21st. Melius assumed coverage on US Foods in a research report on Wednesday, December 18th. They set a "buy" rating and a $12.00 target price on the stock. Jefferies Financial Group lifted their price target on US Foods from $79.00 to $82.00 and gave the company a "buy" rating in a report on Monday, December 16th. Finally, UBS Group increased their price objective on shares of US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 14th.
View Our Latest Analysis on USFD
Insider Activity
In related news, Director David W. Bullock bought 4,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the completion of the purchase, the director now owns 4,500 shares in the company, valued at $319,770. This represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.70% of the company's stock.
Hedge Funds Weigh In On US Foods
Institutional investors and hedge funds have recently bought and sold shares of the stock. Legacy Wealth Asset Management LLC lifted its position in shares of US Foods by 4.0% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company's stock worth $279,000 after purchasing an additional 160 shares in the last quarter. Arizona State Retirement System lifted its holdings in US Foods by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,426 shares of the company's stock worth $4,549,000 after buying an additional 170 shares in the last quarter. Bank of Montreal Can lifted its holdings in US Foods by 0.3% in the 3rd quarter. Bank of Montreal Can now owns 66,848 shares of the company's stock worth $4,022,000 after buying an additional 171 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in US Foods by 59.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after buying an additional 178 shares during the last quarter. Finally, GeoWealth Management LLC grew its stake in shares of US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.
US Foods Price Performance
NYSE:USFD traded up $0.71 during trading hours on Monday, reaching $71.56. 2,652,686 shares of the company traded hands, compared to its average volume of 2,033,583. US Foods has a 1-year low of $49.64 and a 1-year high of $73.00. The stock has a market cap of $16.49 billion, a P/E ratio of 35.42, a P/E/G ratio of 0.96 and a beta of 1.67. The firm's 50-day moving average is $69.11 and its 200-day moving average is $64.47. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71.
US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The company had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. US Foods had a net margin of 1.30% and a return on equity of 15.03%. Equities research analysts expect that US Foods will post 3.61 earnings per share for the current fiscal year.
About US Foods
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Get Free ReportUS Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.
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