US Foods Holding Corp. (NYSE:USFD) Receives Average Recommendation of “Buy” from Analysts

Shares of US Foods Holding Corp. (NYSE:USFD) have earned a consensus rating of “Buy” from the thirteen brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $68.92.

A number of equities research analysts have recently issued reports on the stock. Jefferies Financial Group lifted their price target on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, December 16th. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a research report on Thursday, October 10th. Melius initiated coverage on US Foods in a research report on Wednesday, December 18th. They issued a “buy” rating and a $12.00 price target for the company. UBS Group lifted their price target on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Finally, Piper Sandler increased their price objective on shares of US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a research note on Monday, November 11th.

US Foods Stock Up 0.2 %

Shares of NYSE USFD opened at $69.25 on Thursday. The stock has a market capitalization of $16.13 billion, a price-to-earnings ratio of 29.72, a price-to-earnings-growth ratio of 0.92 and a beta of 1.67. US Foods has a 52 week low of $44.81 and a 52 week high of $72.84. The firm has a 50-day moving average price of $68.42 and a 200 day moving average price of $61.91. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Quent Capital LLC lifted its holdings in shares of US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after acquiring an additional 219 shares during the period. Ashton Thomas Securities LLC purchased a new position in US Foods during the third quarter worth approximately $31,000. Huntington National Bank boosted its holdings in shares of US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after purchasing an additional 409 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of US Foods during the 3rd quarter valued at $34,000. Finally, First Horizon Advisors Inc. increased its holdings in shares of US Foods by 54.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 575 shares of the company’s stock worth $35,000 after buying an additional 202 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

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.