US Foods Holding Corp. (NYSE:USFD) Receives $66.40 Consensus Price Target from Analysts

Shares of US Foods Holding Corp. (NYSE:USFD) have earned an average recommendation of “Moderate Buy” from the ten ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $66.40.

USFD has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft lifted their target price on shares of US Foods from $72.00 to $75.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. Piper Sandler upped their price objective on shares of US Foods from $59.00 to $61.00 and gave the company an “overweight” rating in a research note on Friday, June 7th. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Wells Fargo & Company boosted their target price on US Foods from $66.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, September 18th. Finally, JPMorgan Chase & Co. increased their price target on US Foods from $60.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, September 16th.

Insider Activity at US Foods

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

Institutional Investors Weigh In On US Foods

A number of institutional investors have recently modified their holdings of the company. Acadian Asset Management LLC acquired a new position in US Foods in the 2nd quarter valued at about $25,000. Redmont Wealth Advisors LLC acquired a new position in shares of US Foods in the first quarter valued at approximately $27,000. International Assets Investment Management LLC purchased a new stake in US Foods during the 2nd quarter worth approximately $30,000. Rise Advisors LLC purchased a new stake in US Foods during the 1st quarter worth approximately $30,000. Finally, Headlands Technologies LLC acquired a new stake in US Foods during the 1st quarter worth approximately $50,000. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Price Performance

Shares of NYSE USFD opened at $61.58 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.81 and a current ratio of 1.29. The firm has a market cap of $15.14 billion, a PE ratio of 30.33, a PEG ratio of 1.00 and a beta of 1.66. US Foods has a one year low of $35.66 and a one year high of $62.34. The firm has a fifty day moving average of $56.07 and a 200 day moving average of $53.93.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.93 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.93. The company had revenue of $9.71 billion for the quarter, compared to analysts’ expectations of $9.62 billion. US Foods had a return on equity of 13.43% and a net margin of 1.42%. US Foods’s revenue was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.73 EPS. As a group, 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.