Analysts Set US Foods Holding Corp. (NYSE:USFD) PT at $54.92

US Foods Holding Corp. (NYSE:USFD) has earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $54.92.

USFD has been the topic of a number of recent analyst reports. UBS Group raised US Foods from a “neutral” rating to a “buy” rating and upped their target price for the company from $47.00 to $64.00 in a research report on Tuesday, February 20th. StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, February 23rd. Truist Financial upped their target price on shares of US Foods from $52.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, February 20th. Morgan Stanley increased their price target on shares of US Foods from $60.00 to $62.00 and gave the stock an “overweight” rating in a research report on Friday, April 12th. Finally, BTIG Research upped 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.

US Foods Stock Down 0.7 %

NYSE USFD opened at $50.42 on Tuesday. The company has a quick ratio of 0.78, a current ratio of 1.30 and a debt-to-equity ratio of 0.96. US Foods has a fifty-two week low of $35.66 and a fifty-two week high of $54.94. The business has a 50 day moving average price of $51.96 and a two-hundred day moving average price of $46.34. The stock has a market cap of $12.37 billion, a PE ratio of 24.96, a P/E/G ratio of 0.85 and a beta of 1.58.

US Foods (NYSE:USFD) last announced its earnings results on Thursday, February 15th. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.04). The firm had revenue of $8.94 billion during the quarter, compared to analysts’ expectations of $8.81 billion. US Foods had a net margin of 1.42% and a return on equity of 13.41%. As a group, sell-side analysts predict that US Foods will post 2.9 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP David A. Rickard sold 50,000 shares of the stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $52.52, for a total value of $2,626,000.00. Following the sale, the executive vice president now owns 148,561 shares of the company’s stock, valued at approximately $7,802,423.72. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On US Foods

Several large investors have recently bought and sold shares of USFD. Redmont Wealth Advisors LLC bought a new stake in shares of US Foods in the 1st quarter worth approximately $27,000. Rise Advisors LLC acquired a new stake in US Foods in the 1st quarter worth approximately $30,000. Blue Trust Inc. bought a new stake in shares of US Foods during the 4th quarter worth $30,000. GAMMA Investing LLC acquired a new position in US Foods in the 4th quarter valued at $41,000. Finally, Anchor Investment Management LLC bought a new position in US Foods in the 4th quarter worth $47,000. Institutional investors and hedge funds 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.