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

Shares of US Foods Holding Corp. (NYSE:USFD) have been assigned a consensus rating of “Buy” from the thirteen brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $70.33.

Several research firms recently weighed in on USFD. Barclays lifted their target price on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Melius Research upgraded US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Morgan Stanley raised their target price on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Truist Financial boosted their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Finally, Jefferies Financial Group lifted their price objective on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th.

US Foods Stock Down 2.1 %

USFD stock opened at $70.13 on Monday. US Foods has a one year low of $49.65 and a one year high of $73.19. The firm has a market cap of $16.16 billion, a PE ratio of 34.72, a PEG ratio of 1.03 and a beta of 1.67. The firm’s 50 day moving average price is $69.17 and its 200-day moving average price is $64.84. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The business had revenue of $9.49 billion for the quarter, compared to analysts’ expectations of $9.47 billion. On average, equities research analysts anticipate that US Foods will post 3.59 EPS for the current year.

Insider Activity at US Foods

In other US Foods news, Director David W. Bullock bought 4,000 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the purchase, the director now owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. CWM LLC grew its stake in shares of US Foods by 80.7% during the 3rd quarter. CWM LLC now owns 7,388 shares of the company’s stock worth $454,000 after purchasing an additional 3,300 shares during the period. Creative Planning grew its position in US Foods by 13.5% during the third quarter. Creative Planning now owns 12,978 shares of the company’s stock worth $798,000 after buying an additional 1,547 shares during the period. Aaron Wealth Advisors LLC purchased a new position in US Foods in the third quarter valued at about $230,000. First Citizens Bank & Trust Co. acquired a new stake in shares of US Foods during the 3rd quarter valued at approximately $261,000. Finally, Allspring Global Investments Holdings LLC lifted its position in shares of US Foods by 15.4% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 8,518 shares of the company’s stock valued at $524,000 after acquiring an additional 1,137 shares during the period. Institutional investors and hedge funds own 98.76% of the company’s stock.

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.