US Foods Holding Corp. (NYSE:USFD) Receives Consensus Rating of “Buy” from Brokerages

Shares of US Foods Holding Corp. (NYSE:USFD) have earned an average rating of “Buy” from the thirteen research firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $77.42.

Several research analysts have recently issued reports on the stock. Guggenheim restated a “buy” rating and issued a $80.00 target price on shares of US Foods in a report on Monday, May 12th. Morgan Stanley restated an “overweight” rating and issued a $89.00 price objective (up previously from $84.00) on shares of US Foods in a research note on Monday. Wells Fargo & Company reiterated an “overweight” rating on shares of US Foods in a research report on Sunday. Wall Street Zen raised US Foods from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 24th. Finally, Citigroup initiated coverage on US Foods in a research note on Thursday, May 22nd. They set a “buy” rating and a $95.00 price target on the stock.

Insider Buying and Selling at US Foods

In related news, EVP Dirk J. Locascio sold 7,500 shares of the stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $80.00, for a total transaction of $600,000.00. Following the completion of the transaction, the executive vice president directly owned 115,077 shares of the company’s stock, valued at $9,206,160. This represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. SageView Advisory Group LLC boosted its stake in shares of US Foods by 3.9% during the 1st quarter. SageView Advisory Group LLC now owns 4,096 shares of the company’s stock worth $268,000 after purchasing an additional 153 shares during the last quarter. Kesler Norman & Wride LLC lifted its stake in shares of US Foods by 1.3% during the first quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company’s stock valued at $822,000 after buying an additional 160 shares during the period. EverSource Wealth Advisors LLC boosted its position in US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after acquiring an additional 178 shares during the last quarter. GeoWealth Management LLC boosted its position in US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the last quarter. Finally, UMB Bank n.a. grew its stake in US Foods by 7.9% in the 2nd quarter. UMB Bank n.a. now owns 2,644 shares of the company’s stock worth $204,000 after acquiring an additional 193 shares during the period. Hedge funds and other institutional investors own 98.76% of the company’s stock.

US Foods Trading Up 2.2%

USFD opened at $82.87 on Thursday. The business has a fifty day moving average price of $77.14 and a 200 day moving average price of $70.54. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.17 and a quick ratio of 0.74. US Foods has a 12 month low of $50.49 and a 12 month high of $82.95. The stock has a market capitalization of $19.17 billion, a price-to-earnings ratio of 38.01, a PEG ratio of 1.17 and a beta of 1.41.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.01). The company had revenue of $9.35 billion for the quarter, compared to analyst estimates of $9.42 billion. US Foods had a return on equity of 15.58% and a net margin of 1.38%. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.54 earnings per share. Sell-side analysts expect that US Foods will post 3.59 earnings per share for the current fiscal year.

US Foods Company Profile

US 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.