US Foods (NYSE:USFD) Downgraded by Zacks Research to Hold

US Foods (NYSE:USFD) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other equities analysts have also commented on the stock. Wells Fargo & Company boosted their price target on shares of US Foods from $87.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Piper Sandler lowered shares of US Foods from an “overweight” rating to a “neutral” rating and boosted their price target for the company from $85.00 to $103.00 in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $111.00 price target on shares of US Foods and gave the company a “buy” rating in a research report on Friday, February 13th. BMO Capital Markets boosted their price target on shares of US Foods from $95.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, Wall Street Zen upgraded shares of US Foods from a “hold” rating to a “buy” rating in a research report on Saturday, April 4th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, US Foods currently has a consensus rating of “Moderate Buy” and an average price target of $107.33.

US Foods Price Performance

NYSE:USFD opened at $91.78 on Monday. The firm has a market cap of $20.21 billion, a PE ratio of 31.22, a price-to-earnings-growth ratio of 1.14 and a beta of 0.98. US Foods has a 12 month low of $61.65 and a 12 month high of $102.13. The company has a quick ratio of 0.68, a current ratio of 1.16 and a debt-to-equity ratio of 1.18. The company’s 50-day moving average price is $92.84 and its two-hundred day moving average price is $82.85.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the business earned $0.84 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts anticipate that US Foods will post 4.53 EPS for the current fiscal year.

Insider Buying and Selling at US Foods

In other US Foods news, insider James David Works, Jr. sold 65,737 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total value of $6,344,935.24. Following the completion of the transaction, the insider directly owned 88,176 shares of the company’s stock, valued at approximately $8,510,747.52. The trade was a 42.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.74% of the company’s stock.

Hedge Funds Weigh In On US Foods

A number of institutional investors have recently modified their holdings of USFD. Price T Rowe Associates Inc. MD raised its stake in shares of US Foods by 412.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company’s stock worth $313,755,000 after acquiring an additional 3,353,396 shares during the last quarter. Bank of Montreal Can raised its stake in shares of US Foods by 8,056.1% in the fourth quarter. Bank of Montreal Can now owns 2,866,721 shares of the company’s stock worth $215,921,000 after acquiring an additional 2,831,573 shares during the last quarter. Norges Bank bought a new position in shares of US Foods in the fourth quarter worth about $192,849,000. Wellington Management Group LLP raised its stake in shares of US Foods by 14.2% in the third quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock worth $986,557,000 after acquiring an additional 1,599,033 shares during the last quarter. Finally, Capital World Investors raised its stake in shares of US Foods by 10.3% in the fourth quarter. Capital World Investors now owns 12,862,100 shares of the company’s stock worth $968,773,000 after acquiring an additional 1,197,360 shares during the last quarter. 98.76% of the stock is owned by institutional investors.

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.