Shares of US Foods Holding Corp. (NYSE:USFD - Get Free Report) have been assigned an average rating of "Buy" from the twelve analysts that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $71.09.
Several research analysts have issued reports on USFD shares. Jefferies Financial Group raised their price objective on shares of US Foods from $79.00 to $82.00 and gave the stock a "buy" rating in a research report on Monday, December 16th. Morgan Stanley boosted their price target 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 Research raised US Foods to a "strong-buy" rating in a research report on Wednesday, December 18th. Melius began coverage on US Foods in a report on Wednesday, December 18th. They issued a "buy" rating and a $12.00 target price on the stock. Finally, UBS Group increased their price target on US Foods from $77.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, February 14th.
Check Out Our Latest Report on USFD
US Foods Stock Performance
Shares of USFD stock traded down $0.09 during mid-day trading on Tuesday, hitting $62.53. 3,766,855 shares of the stock were exchanged, compared to its average volume of 1,982,449. US Foods has a 12-month low of $49.65 and a 12-month high of $73.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. The stock has a market capitalization of $14.41 billion, a price-to-earnings ratio of 30.96, a P/E/G ratio of 1.03 and a beta of 1.38. The stock's fifty day simple moving average is $66.97 and its two-hundred day simple moving average is $66.62.
US Foods (NYSE:USFD - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). The firm had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. On average, analysts forecast that US Foods will post 3.59 EPS for the current year.
Insider Activity at US Foods
In other news, Director David W. Bullock acquired 4,000 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the purchase, the director now directly owns 4,500 shares of the company's stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.70% of the company's stock.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Colonial Trust Co SC acquired a new position in shares of US Foods during the 4th quarter worth approximately $25,000. GeoWealth Management LLC lifted its position in shares of US Foods by 94.5% in 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. Legacy Investment Solutions LLC purchased a new stake in shares of US Foods in the fourth quarter valued at $32,000. EverSource Wealth Advisors LLC boosted its stake in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company's stock valued at $32,000 after acquiring an additional 178 shares during the last quarter. Finally, True Wealth Design LLC raised its stake in US Foods by 153.6% in the 4th quarter. True Wealth Design LLC now owns 492 shares of the company's stock valued at $33,000 after purchasing an additional 298 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company's stock.
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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