Top-Rated Dividend StocksTop-Rated DividendNYSE:SYY Sysco (SYY) Stock Price, News & Analysis $76.12 -1.26 (-1.63%) (As of 10/3/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Sysco Stock (NYSE:SYY) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$76.07▼$77.6050-Day Range$72.85▼$78.9852-Week Range$62.24▼$82.89Volume3.06 million shsAverage Volume3.17 million shsMarket Capitalization$37.41 billionP/E Ratio18.57Dividend Yield2.68%Price Target$86.08Consensus RatingModerate Buy Company OverviewSysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. 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… Most people would never touch this orange powder… would you? (Ad)At first glance, it looks like some ordinary “orange” powder… But in reality, it is a scientific breakthrough in energy technology. One that could wipe out fossil fuel, coal, and even the “glorified” renewable energy in just a few years. And right now, governments, institutions, and the elites are jumping on this resource at record pace to the point where we’re starting to run out. The question is… Why are the top 1% piling in this much?Well, all the answers you need are right here Sysco Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks97th Percentile Overall ScoreSYY MarketRank™: Sysco scored higher than 97% of companies evaluated by MarketBeat, and ranked 4th out of 148 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingSysco has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSysco has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Sysco's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth8.04% 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 18.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Sysco is 18.57, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.12.Price to Earnings Growth RatioSysco has a PEG Ratio of 2.02. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSysco has a P/B Ratio of 20.35. 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. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted2.73% of the float of Sysco has been sold short.Short Interest Ratio / Days to CoverSysco has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Sysco has recently increased by 8.70%, indicating that investor sentiment is decreasing significantly. Dividend4.2 / 5Dividend StrengthStrong Dividend YieldSysco pays a meaningful dividend of 2.63%, 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. Sustainability and ESG2.8 / 5Environmental Score-2.02 Percentage of Shares Shorted2.73% of the float of Sysco has been sold short.Short Interest Ratio / Days to CoverSysco has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Sysco has recently increased by 8.70%, indicating that investor sentiment is decreasing significantly. News and Social Media2.8 / 5News Sentiment0.97 News SentimentSysco has a news sentiment score of 0.97. 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 0.66 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Sysco this week, compared to 9 articles on an average week.Search InterestOnly 16 people have searched for SYY on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Sysco to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A 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. SYY Stock News Headlines3 Defensive Stock Alternatives to Bonds If Interest Rates DropDefensive stock plays can become a suitable alternative to bond investments when lowered interest rates cause bond prices to jump.September 16, 2024 | marketbeat.comSysco Co. Declares Quarterly Dividend of $0.51 (NYSE:SYY)October 3 at 9:53 AM | americanbankingnews.comThe only candlestick pattern worth a darnIt’s widely known that 80% of daily market action is driven by Wall Street algorithms… Now, most people think of the algorithms are “bad” When in reality, they are neither good nor bad… They are simply programmed to buy and sell certain stocks over and over again… But here is the thing… They are predictable… They typically buy the same stocks at the same levels over and over again…October 3, 2024 | WealthPress (Ad)Sysco (NYSE:SYY) Upgraded by StockNews.com to "Strong-Buy"October 3 at 6:17 AM | americanbankingnews.comJust Four Days Till Sysco Corporation (NYSE:SYY) Will Be Trading Ex-DividendSeptember 29, 2024 | sg.finance.yahoo.com3 Defensive Dividend Aristocrats to Protect and Dominate in 2024September 28, 2024 | msn.comSeptember 27 - FDI Weekly ReviewSeptember 28, 2024 | forbes.comDisappointing Earnings Dragged Sysco Corporation (SYY) in Q2September 28, 2024 | msn.comSee More Headlines 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 4.1% and is now trading at $76.12. View the best growth stocks for 2024 here. How were Sysco's earnings last quarter? Sysco Co. (NYSE:SYY) posted its earnings results on Tuesday, July, 30th. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.01. The company's revenue was up 4.2% on a year-over-year basis. Read the conference call transcript. Does Sysco have any subsidiaries? The following companies are subsidiaries of Sysco: Upsys, J. Kings Food Service Professionals, J & M Wholesale Meats, Waugh Foods, Doerle Food Service, Supplies on the Fly, North Star Seafood, and others. Who are Sysco's major shareholders? Top institutional shareholders of Sysco include Jacobs & Co. CA (0.03%), Czech National Bank (0.02%), SG Americas Securities LLC and Massmutual Trust Co. FSB ADV (0.01%). Insiders that own company stock include Kevin Hourican, Greg D Bertrand, Neil Russell, Aaron E Alt, Sheila Talton, James Chris Jasper 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). Company Calendar Ex-Dividend for 7/26 Dividend7/05/2024Dividend Payable7/26/2024Last Earnings7/30/2024Today10/03/2024Ex-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) 584-1390Fax281-584-1390Employees76,000Year Founded1969Price Target and Rating Average Stock Price Target$86.08 High Stock Price Target$92.00 Low Stock Price Target$79.00 Potential Upside/Downside+12.7%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$4.10 Trailing P/E Ratio18.63 Forward P/E Ratio16.61 P/E Growth2.02Net 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 / Sales0.48 Cash Flow$6.29 per share Price / Cash Flow12.15 Book Value$3.74 per share Price / Book20.43Miscellaneous Outstanding Shares491,520,000Free Float495,094,000Market Cap$37.55 billion OptionableOptionable Beta1.20 Social Links This page (NYSE:SYY) was last updated on 10/3/2024 by MarketBeat.com Staff From Our PartnersThe world’s smartest man is in their crosshairsElon Musk is one of mankind’s greatest innovators. 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