US Foods Holding Corp (NYSE:USFD) has received an average recommendation of “Buy” from the twelve analysts that are presently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $35.50.
Several equities research analysts recently commented on USFD shares. Zacks Investment Research cut US Foods from a “buy” rating to a “hold” rating in a research report on Friday, January 12th. BMO Capital Markets set a $37.00 price objective on US Foods and gave the company a “hold” rating in a research report on Thursday, February 15th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $38.00 price objective on shares of US Foods in a research report on Tuesday, February 13th. Morgan Stanley increased their price objective on US Foods from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Friday, February 16th. Finally, Guggenheim reaffirmed a “buy” rating and set a $40.00 price objective on shares of US Foods in a research report on Sunday, January 28th.
In other US Foods news, Director John Anthony Lederer sold 98,702 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $33.23, for a total value of $3,279,867.46. Following the transaction, the director now owns 406,054 shares of the company’s stock, valued at $13,493,174.42. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Usf Co-Investor No. 2 L.P Cdr sold 19,977,773 shares of the stock in a transaction dated Monday, December 4th. The shares were sold at an average price of $28.00, for a total value of $559,377,644.00. The disclosure for this sale can be found here. In the last three months, insiders sold 20,562,497 shares of company stock worth $578,754,263. 1.56% of the stock is owned by corporate insiders.
US Foods (NYSE USFD) traded up $0.24 during trading on Friday, hitting $33.63. The company had a trading volume of 2,992,467 shares, compared to its average volume of 2,894,451. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.40 and a quick ratio of 0.81. US Foods has a 12 month low of $25.43 and a 12 month high of $33.91. The stock has a market capitalization of $7,138.56, a PE ratio of 16.86, a PEG ratio of 0.90 and a beta of 0.86.
US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.03). US Foods had a net margin of 1.84% and a return on equity of 10.80%. The business had revenue of $6 billion for the quarter, compared to analysts’ expectations of $5.92 billion. During the same period last year, the business earned $0.53 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. research analysts anticipate that US Foods will post 1.95 earnings per share for the current fiscal year.
COPYRIGHT VIOLATION WARNING: This report was originally published by Ticker Report and is the property of of Ticker Report. If you are reading this report on another site, it was illegally copied and republished in violation of international copyright and trademark legislation. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/3231582/us-foods-holding-corp-usfd-receives-35-50-average-price-target-from-brokerages.html.
About US Foods
US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. The Company, through US Foods, Inc (USF), markets and primarily distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. These 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.
Receive News & Ratings for US Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for US Foods and related companies with MarketBeat.com's FREE daily email newsletter.