US Foods Holding Corp. (NYSE:USFD) Receives Consensus Rating of “Buy” from Brokerages

US Foods Holding Corp. (NYSE:USFD) has received an average recommendation of “Buy” from the twelve ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $71.09.

A number of equities analysts have issued reports on USFD shares. Piper Sandler increased their price target on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research note on Tuesday, February 18th. Morgan Stanley raised their target price on US Foods from $76.00 to $82.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Barclays upped their price target on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, UBS Group lifted their price objective on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, February 14th.

Insider Activity

In other US Foods news, Director David W. Bullock bought 4,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the completion of the transaction, the director now directly owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On US Foods

Institutional investors have recently bought and sold shares of the business. Public Sector Pension Investment Board lifted its position in shares of US Foods by 100.2% in the third quarter. Public Sector Pension Investment Board now owns 6,000 shares of the company’s stock worth $369,000 after purchasing an additional 2,500,000 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in US Foods in the 3rd quarter worth approximately $328,000. HighTower Advisors LLC boosted its stake in shares of US Foods by 16.8% during the 3rd quarter. HighTower Advisors LLC now owns 23,419 shares of the company’s stock valued at $1,442,000 after buying an additional 3,368 shares during the period. Stifel Financial Corp boosted its stake in shares of US Foods by 38.4% during the 3rd quarter. Stifel Financial Corp now owns 13,457 shares of the company’s stock valued at $828,000 after buying an additional 3,734 shares during the period. Finally, State Street Corp grew its holdings in shares of US Foods by 4.7% during the 3rd quarter. State Street Corp now owns 7,045,514 shares of the company’s stock valued at $433,299,000 after acquiring an additional 316,061 shares in the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Price Performance

Shares of USFD opened at $60.39 on Tuesday. The firm has a market capitalization of $13.91 billion, a price-to-earnings ratio of 29.90, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. The stock’s fifty day moving average is $68.02 and its 200-day moving average is $66.66. US Foods has a one year low of $49.65 and a one year high of $73.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). The company had revenue of $9.49 billion for the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. Equities analysts anticipate that US Foods will post 3.59 EPS for the current year.

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.