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

US Foods Holding Corp. (NYSE:USFD) has received an average rating of “Moderate Buy” from the ten research firms that are covering the stock, MarketBeat 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 1 year price objective among analysts that have issued a report on the stock in the last year is $64.70.

A number of equities research analysts have issued reports on USFD shares. Piper Sandler increased their price target on US Foods from $59.00 to $61.00 and gave the company an “overweight” rating in a research report on Friday, June 7th. Wells Fargo & Company increased their price objective on US Foods from $63.00 to $66.00 and gave the company an “overweight” rating in a report on Thursday, June 6th. Barclays increased their price objective on US Foods from $60.00 to $64.00 and gave the company an “overweight” rating in a report on Friday, May 10th. UBS Group increased their price objective on US Foods from $64.00 to $67.00 and gave the company a “buy” rating in a report on Friday, May 10th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a report on Friday, August 9th.

US Foods Stock Performance

Shares of US Foods stock opened at $58.78 on Monday. US Foods has a 52 week low of $35.66 and a 52 week high of $58.85. The business’s fifty day simple moving average is $53.49 and its 200-day simple moving average is $52.60. The firm has a market cap of $14.45 billion, a PE ratio of 28.96, a price-to-earnings-growth ratio of 0.96 and a beta of 1.62. The company has a quick ratio of 0.81, a current ratio of 1.29 and a debt-to-equity ratio of 0.92.

US Foods (NYSE:USFD) last posted its 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 firm had revenue of $9.71 billion for the quarter, compared to analyst estimates of $9.62 billion. During the same quarter in the prior year, the company earned $0.73 EPS. US Foods’s revenue was up 7.7% on a year-over-year basis. Equities analysts forecast that US Foods will post 2.9 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Acadian Asset Management LLC acquired a new stake in US Foods during the 2nd quarter worth approximately $25,000. Redmont Wealth Advisors LLC acquired a new stake in US Foods during the 1st quarter worth approximately $27,000. International Assets Investment Management LLC acquired a new stake in US Foods during the 2nd quarter worth approximately $30,000. Rise Advisors LLC acquired a new stake in US Foods during the 1st quarter worth approximately $30,000. Finally, GAMMA Investing LLC acquired a new stake in US Foods during the 4th quarter worth approximately $41,000. Hedge funds and other institutional investors 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.