US Foods (NYSE:USFD – Get Rating) released its earnings results on Thursday. The company reported $0.36 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.14, MarketWatch Earnings reports. US Foods had a return on equity of 11.40% and a net margin of 0.56%.
US Foods stock traded down $0.04 during mid-day trading on Friday, hitting $38.31. The company had a trading volume of 24,004 shares, compared to its average volume of 2,033,924. The company has a current ratio of 1.41, a quick ratio of 0.75 and a debt-to-equity ratio of 1.32. US Foods has a 12-month low of $30.02 and a 12-month high of $42.10. The company’s fifty day moving average is $36.87 and its 200-day moving average is $35.73. The company has a market capitalization of $8.55 billion, a price-to-earnings ratio of 74.14, a P/E/G ratio of 0.91 and a beta of 1.59.
In related news, Director Robert M. Dutkowsky acquired 31,000 shares of the stock in a transaction on Monday, March 7th. The shares were acquired at an average price of $32.91 per share, for a total transaction of $1,020,210.00. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Director Cheryl A. Bachelder bought 6,000 shares of US Foods stock in a transaction dated Friday, March 11th. The shares were acquired at an average cost of $34.57 per share, with a total value of $207,420.00. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 51,040 shares of company stock worth $1,726,752. Insiders own 1.00% of the company’s stock.
Several equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft assumed coverage on US Foods in a report on Tuesday, January 18th. They issued a “buy” rating and a $44.00 target price on the stock. Credit Suisse Group boosted their target price on US Foods from $44.00 to $46.00 and gave the stock an “outperform” rating in a report on Friday, February 18th. CL King assumed coverage on US Foods in a report on Friday, March 11th. They issued a “buy” rating and a $41.00 target price on the stock. StockNews.com assumed coverage on US Foods in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Finally, Truist Financial assumed coverage on US Foods in a research note on Tuesday, February 1st. They issued a “buy” rating and a $43.00 price target for the company. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, US Foods presently has a consensus rating of “Hold” and an average price target of $41.50.
About US Foods (Get Rating)
US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes 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.
- Get a free copy of the StockNews.com research report on US Foods (USFD)
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