US Foods Holding Corp. (NYSE:USFD) Receives $54.42 Average Price Target from Analysts

US Foods Holding Corp. (NYSE:USFDGet Free Report) has received a consensus recommendation of “Moderate Buy” from the nine analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $54.42.

USFD has been the topic of a number of recent research reports. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 23rd. Truist Financial boosted their price objective on US Foods from $52.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, February 20th. Piper Sandler upgraded US Foods from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $45.00 to $59.00 in a research note on Tuesday, February 20th. UBS Group upgraded US Foods from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $47.00 to $64.00 in a research note on Tuesday, February 20th. Finally, BTIG Research boosted their price objective on US Foods from $52.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, March 19th.

Check Out Our Latest Stock Report on US Foods

US Foods Stock Down 1.0 %

USFD stock opened at $53.97 on Friday. The stock’s fifty day simple moving average is $50.18 and its two-hundred day simple moving average is $44.90. The company has a current ratio of 1.30, a quick ratio of 0.78 and a debt-to-equity ratio of 0.96. US Foods has a 1-year low of $35.66 and a 1-year high of $54.94. The stock has a market cap of $13.22 billion, a P/E ratio of 26.72, a P/E/G ratio of 0.90 and a beta of 1.58.

US Foods (NYSE:USFDGet Free Report) last issued its quarterly earnings results on Thursday, February 15th. The company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.04). US Foods had a net margin of 1.42% and a return on equity of 13.41%. The firm had revenue of $8.94 billion for the quarter, compared to analysts’ expectations of $8.81 billion. Analysts expect that US Foods will post 2.91 EPS for the current year.

Insider Transactions at US Foods

In other news, EVP David A. Rickard sold 50,000 shares of the company’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $52.52, for a total value of $2,626,000.00. Following the completion of the transaction, the executive vice president now directly owns 148,561 shares in the company, valued at approximately $7,802,423.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On US Foods

Several institutional investors have recently bought and sold shares of USFD. Blue Trust Inc. purchased a new stake in US Foods in the 4th quarter worth approximately $30,000. NewEdge Advisors LLC lifted its holdings in US Foods by 67.4% in the 1st quarter. NewEdge Advisors LLC now owns 708 shares of the company’s stock worth $26,000 after buying an additional 285 shares during the period. GAMMA Investing LLC bought a new position in shares of US Foods in the 4th quarter worth approximately $41,000. KB Financial Partners LLC purchased a new position in shares of US Foods in the 1st quarter valued at approximately $34,000. Finally, Anchor Investment Management LLC purchased a new position in shares of US Foods in the 4th quarter valued at approximately $47,000. 98.76% of the stock is currently owned by hedge funds and other institutional investors.

US Foods Company Profile

(Get Free Report

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.

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Analyst Recommendations for US Foods (NYSE:USFD)

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