US Foods (NYSE:USFD) Upgraded at Zacks Research

Zacks Research upgraded shares of US Foods (NYSE:USFD) from a hold rating to a strong-buy rating in a report released on Thursday,Zacks.com reports.

A number of other research firms also recently commented on USFD. Guggenheim raised their target price on US Foods from $95.00 to $115.00 and gave the company a “buy” rating in a report on Friday, February 13th. Piper Sandler lowered shares of US Foods from an “overweight” rating to a “neutral” rating and increased their price objective for the stock from $85.00 to $103.00 in a report on Friday, February 13th. Wall Street Zen lowered US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. UBS Group reissued a “buy” rating and issued a $117.00 target price on shares of US Foods in a research note on Friday, February 13th. Finally, BTIG Research upped their price target on US Foods from $82.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, US Foods currently has a consensus rating of “Moderate Buy” and an average target price of $107.33.

US Foods Stock Up 1.3%

Shares of USFD opened at $96.57 on Thursday. The stock has a fifty day simple moving average of $85.17 and a two-hundred day simple moving average of $79.22. The company has a quick ratio of 0.68, a current ratio of 1.16 and a debt-to-equity ratio of 1.18. US Foods has a 52-week low of $57.36 and a 52-week high of $102.13. The company has a market capitalization of $21.30 billion, a PE ratio of 32.85, a price-to-earnings-growth ratio of 1.18 and a beta of 1.02.

US Foods (NYSE:USFD) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. US Foods had a return on equity of 18.74% and a net margin of 1.71%.The business had revenue of $9.80 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same period in the previous year, the company posted $0.84 earnings per share. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities analysts forecast that US Foods will post 3.59 EPS for the current year.

Insider Activity at US Foods

In other news, insider James David Works, Jr. sold 65,737 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the completion of the sale, the insider owned 88,176 shares in the company, valued at approximately $8,510,747.52. This represents a 42.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of US Foods by 85.8% in the 1st quarter. Royal Bank of Canada now owns 148,512 shares of the company’s stock valued at $9,722,000 after acquiring an additional 68,567 shares in the last quarter. Empowered Funds LLC acquired a new position in US Foods in the first quarter worth about $359,000. Sivia Capital Partners LLC bought a new position in shares of US Foods during the 2nd quarter worth approximately $526,000. Assetmark Inc. boosted its position in US Foods by 41.1% in the second quarter. Assetmark Inc. now owns 931 shares of the company’s stock valued at $72,000 after buying an additional 271 shares in the last quarter. Finally, Amalgamated Bank increased its stake in shares of US Foods by 2.2% in the second quarter. Amalgamated Bank now owns 107,127 shares of the company’s stock valued at $8,250,000 after buying an additional 2,272 shares in the last quarter. 98.76% of the stock is owned by institutional investors and hedge funds.

About US Foods

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.