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

US Foods Holding Corp. (NYSE:USFD) has been assigned a consensus rating of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $66.40.

USFD has been the subject of several research analyst reports. Piper Sandler upped their price objective on US Foods from $59.00 to $61.00 and gave the company an “overweight” rating in a report on Friday, June 7th. StockNews.com lowered US Foods from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 14th. Truist Financial upped their price objective on US Foods from $65.00 to $66.00 and gave the company a “buy” rating in a report on Thursday, June 6th. Wells Fargo & Company upped their price objective on US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. upped their price objective on US Foods from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Monday.

Insiders Place Their Bets

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the firm’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $57.95, for a total transaction of $579,500.00. Following the completion of the sale, the chief financial officer now directly owns 88,563 shares in the company, valued at approximately $5,132,225.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.70% of the company’s stock.

Institutional Investors Weigh In On US Foods

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Acadian Asset Management LLC bought a new position in shares of US Foods in the 2nd quarter valued at approximately $25,000. Redmont Wealth Advisors LLC bought a new position in shares of US Foods in the 1st quarter valued at approximately $27,000. Rise Advisors LLC bought a new position in shares of US Foods in the 1st quarter valued at approximately $30,000. International Assets Investment Management LLC bought a new position in shares of US Foods in the 2nd quarter valued at approximately $30,000. Finally, Headlands Technologies LLC bought a new position in shares of US Foods in the 1st quarter valued at approximately $50,000. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Trading Up 1.7 %

NYSE:USFD opened at $61.95 on Friday. US Foods has a 1 year low of $35.66 and a 1 year high of $62.34. The stock has a market cap of $15.15 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 1.00 and a beta of 1.66. The business has a fifty day moving average of $55.89 and a 200-day moving average of $53.84. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.81 and a current ratio of 1.29.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, August 8th. The company reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. US Foods had a return on equity of 13.43% and a net margin of 1.42%. The company had revenue of $9.71 billion during the quarter, compared to analysts’ expectations of $9.62 billion. During the same quarter in the prior year, the business posted $0.73 earnings per share. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Equities analysts predict that US Foods will post 2.9 earnings per share for the current year.

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.