US Foods (NYSE:USFD) Cut to Hold at Zacks Research

Zacks Research lowered shares of US Foods (NYSE:USFD) from a strong-buy rating to a hold rating in a research note published on Monday morning,Zacks.com reports.

Several other research firms have also weighed in on USFD. Citigroup upped their price objective on shares of US Foods from $95.00 to $118.00 and gave the company a “buy” rating in a research note on Friday, February 13th. BTIG Research increased their price target on shares of US Foods from $82.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Wells Fargo & Company increased their price target on shares of US Foods from $87.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Sanford C. Bernstein restated an “outperform” rating and set a $106.00 price target on shares of US Foods in a research note on Friday, February 13th. Finally, Deutsche Bank Aktiengesellschaft set a $111.00 price target on shares of US Foods and gave the stock a “buy” rating in a research note on Friday, February 13th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $107.33.

US Foods Stock Up 0.7%

US Foods stock opened at $92.32 on Monday. The firm has a market cap of $20.33 billion, a PE ratio of 31.40, a P/E/G ratio of 1.12 and a beta of 0.98. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.68 and a current ratio of 1.16. The firm’s 50 day moving average price is $92.89 and its two-hundred day moving average price is $82.91. US Foods has a twelve month low of $63.40 and a twelve month high of $102.13.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.03. The firm had revenue of $9.80 billion for the quarter, compared to analyst estimates of $9.90 billion. US Foods had a net margin of 1.71% and a return on equity of 18.74%. The company’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.84 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, research analysts predict that US Foods will post 4.53 EPS for the current fiscal year.

Insider Activity

In related news, insider James David Works, Jr. sold 65,737 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were 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 directly owned 88,176 shares of the company’s stock, valued at approximately $8,510,747.52. This represents a 42.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.74% of the company’s stock.

Institutional Trading of US Foods

Several large investors have recently modified their holdings of USFD. Royal Bank of Canada boosted its holdings in shares of US Foods by 85.8% during the 1st quarter. Royal Bank of Canada now owns 148,512 shares of the company’s stock worth $9,722,000 after buying an additional 68,567 shares during the period. Empowered Funds LLC bought a new stake in shares of US Foods during the 1st quarter worth $359,000. Sivia Capital Partners LLC bought a new stake in shares of US Foods during the 2nd quarter worth $526,000. Brown Advisory Inc. bought a new stake in shares of US Foods during the 2nd quarter worth $252,000. Finally, Cerity Partners LLC boosted its holdings in shares of US Foods by 20.5% during the 2nd quarter. Cerity Partners LLC now owns 47,977 shares of the company’s stock worth $3,695,000 after buying an additional 8,162 shares during the period. 98.76% of the stock is owned by institutional investors.

US Foods Company Profile

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.