Analysts Set US Foods Holding Corp. (NYSE:USFD) PT at $70.33

Shares of US Foods Holding Corp. (NYSE:USFD) have been given a consensus rating of “Buy” by the twelve brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $71.09.

USFD has been the topic of several analyst reports. StockNews.com downgraded shares of US Foods from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 13th. Melius initiated coverage on shares of US Foods in a research note on Wednesday, December 18th. They issued a “buy” rating and a $12.00 target price on the stock. Piper Sandler lifted their target price on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 18th. UBS Group lifted their target price on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Finally, Barclays boosted their price objective on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a research report on Friday, February 14th.

US Foods Trading Down 1.6 %

USFD stock opened at $64.93 on Friday. The company has a market capitalization of $14.96 billion, a PE ratio of 32.15, a price-to-earnings-growth ratio of 1.03 and a beta of 1.65. US Foods has a one year low of $49.65 and a one year high of $73.19. The company’s 50 day moving average price is $69.07 and its two-hundred day moving average price is $66.12. 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 posted its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). The business had revenue of $9.49 billion for the quarter, compared to analysts’ expectations of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. As a group, analysts predict that US Foods will post 3.59 earnings per share for the current fiscal year.

Insider Activity

In other news, Director David W. Bullock purchased 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On US Foods

A number of hedge funds have recently bought and sold shares of the company. Colonial Trust Co SC bought a new position in US Foods during the 4th quarter valued at about $25,000. GeoWealth Management LLC lifted its stake in US Foods by 94.5% during the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares during the period. Legacy Investment Solutions LLC bought a new position in US Foods during the 4th quarter valued at about $32,000. EverSource Wealth Advisors LLC lifted its stake in US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after acquiring an additional 178 shares during the period. Finally, True Wealth Design LLC lifted its stake in US Foods by 153.6% during the 4th quarter. True Wealth Design LLC now owns 492 shares of the company’s stock valued at $33,000 after acquiring an additional 298 shares during the period. Institutional investors own 98.76% of the company’s stock.

US Foods Company Profile

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.