US Foods (USFD) to Release Earnings on Thursday

US Foods (NYSE:USFD) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect US Foods to post earnings of $0.79 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

US Foods Stock Performance

NYSE:USFD opened at $69.62 on Thursday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. The firm has a market cap of $16.22 billion, a PE ratio of 29.88, a P/E/G ratio of 0.95 and a beta of 1.67. The firm has a 50 day simple moving average of $69.06 and a 200-day simple moving average of $63.87. US Foods has a 1-year low of $45.24 and a 1-year high of $73.00.

Analyst Ratings Changes

USFD has been the topic of several analyst reports. Melius started coverage on US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective on the stock. JPMorgan Chase & Co. raised their price target on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Morgan Stanley lifted their price target on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a report on Tuesday, January 21st. Jefferies Financial Group increased their price objective on shares of US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th. Finally, Barclays boosted their target price on shares of US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, November 8th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, US Foods currently has a consensus rating of “Buy” and a consensus target price of $68.92.

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.