US Foods (NYSE:USFD) Rating Increased to Strong-Buy at Wall Street Zen

US Foods (NYSE:USFD) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Friday.

A number of other equities analysts have also recently commented on the stock. UBS Group lifted their price objective on shares of US Foods from $84.00 to $96.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. JPMorgan Chase & Co. lifted their price target on shares of US Foods from $82.00 to $85.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 25th. Piper Sandler lifted their target price on US Foods from $77.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday. Wells Fargo & Company restated an “overweight” rating and issued a $87.00 price target (up previously from $80.00) on shares of US Foods in a report on Friday, August 8th. Finally, Morgan Stanley restated an “overweight” rating and issued a $89.00 price target (up previously from $84.00) on shares of US Foods in a report on Monday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, US Foods presently has an average rating of “Buy” and an average price target of $81.27.

US Foods Stock Performance

NYSE:USFD opened at $77.88 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. US Foods has a 12-month low of $56.47 and a 12-month high of $85.11. The stock has a 50-day moving average price of $79.92 and a 200 day moving average price of $73.29. The stock has a market capitalization of $17.54 billion, a P/E ratio of 33.28, a P/E/G ratio of 1.09 and a beta of 1.39.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, August 7th. The company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.05. The company had revenue of $10.08 billion during the quarter, compared to analysts’ expectations of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. US Foods’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the company posted $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Equities research analysts forecast that US Foods will post 3.59 EPS for the current fiscal year.

Insider Transactions at US Foods

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

Hedge Funds Weigh In On US Foods

Several hedge funds and other institutional investors have recently modified their holdings of the business. Securian Asset Management Inc. lifted its stake in shares of US Foods by 0.7% in the second quarter. Securian Asset Management Inc. now owns 17,618 shares of the company’s stock worth $1,357,000 after buying an additional 121 shares in the last quarter. Archer Investment Corp grew its position in US Foods by 8.8% in the second quarter. Archer Investment Corp now owns 1,850 shares of the company’s stock worth $142,000 after acquiring an additional 150 shares during the period. SageView Advisory Group LLC raised its stake in shares of US Foods by 3.9% in the 1st quarter. SageView Advisory Group LLC now owns 4,096 shares of the company’s stock valued at $268,000 after acquiring an additional 153 shares during the period. Kesler Norman & Wride LLC raised its stake in shares of US Foods by 1.3% in the 1st quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company’s stock valued at $822,000 after acquiring an additional 160 shares during the period. Finally, Benjamin Edwards Inc. raised its stake in shares of US Foods by 3.3% in the 2nd quarter. Benjamin Edwards Inc. now owns 5,854 shares of the company’s stock valued at $451,000 after acquiring an additional 185 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

About US Foods

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.