Wall Street Zen Upgrades US Foods (NYSE:USFD) to Strong-Buy

US Foods (NYSE:USFD) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday.

USFD has been the subject of a number of other research reports. Wells Fargo & Company reiterated an “overweight” rating and set a $87.00 price target (up previously from $80.00) on shares of US Foods in a research note on Friday, August 8th. Barclays raised their price objective on shares of US Foods from $85.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, June 4th. Morgan Stanley restated an “overweight” rating and set a $89.00 target price (up from $84.00) on shares of US Foods in a report on Monday, July 14th. Piper Sandler raised their target price on shares of US Foods from $77.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, UBS Group lifted their price target on shares of US Foods from $84.00 to $96.00 and gave the stock a “buy” rating in a report on Monday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $81.27.

US Foods Trading Down 0.2%

Shares of US Foods stock opened at $77.88 on Friday. The company has a fifty day simple moving average of $79.92 and a 200-day simple moving average of $73.29. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. US Foods has a 12-month low of $56.47 and a 12-month high of $85.11. The stock has a market cap of $17.54 billion, a price-to-earnings ratio of 33.28, a PEG ratio of 1.09 and a beta of 1.39.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, August 7th. The company reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.05. US Foods had a return on equity of 16.86% and a net margin of 1.43%.The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $10.17 billion. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The business’s revenue was up 3.8% compared to the same quarter last year. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. On average, equities analysts forecast that US Foods will post 3.59 EPS for the current fiscal year.

Insider Transactions at US Foods

In related news, EVP Dirk J. Locascio sold 7,500 shares of the company’s stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $80.00, for a total value of $600,000.00. Following the sale, the executive vice president directly owned 115,077 shares of the company’s stock, valued at $9,206,160. This represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by corporate insiders.

Institutional Trading of US Foods

Several institutional investors have recently added to or reduced their stakes in USFD. BNP Paribas Financial Markets increased its stake in US Foods by 16.3% during the fourth quarter. BNP Paribas Financial Markets now owns 271,916 shares of the company’s stock valued at $18,343,000 after purchasing an additional 38,110 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of US Foods by 69.4% during the 4th quarter. Captrust Financial Advisors now owns 16,603 shares of the company’s stock valued at $1,120,000 after purchasing an additional 6,804 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of US Foods by 84.6% during the 4th quarter. Cetera Investment Advisers now owns 24,062 shares of the company’s stock valued at $1,623,000 after purchasing an additional 11,024 shares in the last quarter. Colonial Trust Co SC purchased a new stake in US Foods during the fourth quarter valued at about $25,000. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in US Foods by 114.4% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 177,270 shares of the company’s stock valued at $11,959,000 after buying an additional 94,580 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

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.