US Foods Holding Corp. (NYSE:USFD) Receives $66.82 Consensus Target Price from Analysts

US Foods Holding Corp. (NYSE:USFD) has been assigned a consensus rating of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $66.82.

Several equities analysts recently commented on the stock. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 10th. Jefferies Financial Group boosted their target price on shares of US Foods from $66.00 to $71.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft increased their price target on US Foods from $72.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, August 9th. Wells Fargo & Company upped their price objective on shares of US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, September 18th. Finally, JPMorgan Chase & Co. boosted their price objective on US Foods from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday, September 16th.

Insider Buying and Selling

In other US Foods news, CFO Dirk J. Locascio sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $57.95, for a total value of $579,500.00. Following the completion of the sale, the chief financial officer now owns 88,563 shares of the company’s stock, valued at approximately $5,132,225.85. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On US Foods

Institutional investors and hedge funds have recently made changes to their positions in the business. Acadian Asset Management LLC bought a new stake in shares of US Foods in the 2nd quarter worth $25,000. Redmont Wealth Advisors LLC purchased a new position in shares of US Foods in the first quarter worth about $27,000. Quent Capital LLC boosted its holdings in US Foods by 87.6% in the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after buying an additional 219 shares during the period. Rise Advisors LLC purchased a new stake in shares of US Foods during the first quarter worth $30,000. Finally, International Assets Investment Management LLC purchased a new position in shares of US Foods in the second quarter valued at $30,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Price Performance

Shares of NYSE:USFD opened at $62.00 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 0.81 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $15.24 billion, a PE ratio of 30.54, a PEG ratio of 1.02 and a beta of 1.66. The firm has a 50 day moving average of $59.48 and a 200-day moving average of $54.96. US Foods has a 12 month low of $36.60 and a 12 month high of $63.13.

US Foods (NYSE:USFD) last released its earnings results on Thursday, August 8th. The company reported $0.93 earnings per share 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 during the quarter, compared to analysts’ expectations of $9.62 billion. During the same period in the prior year, the company earned $0.73 earnings per share. The company’s quarterly revenue was up 7.7% on a year-over-year basis. On average, equities research analysts predict that US Foods will post 2.9 EPS for the current fiscal year.

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.