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

Shares of US Foods Holding Corp. (NYSE:USFD) have been given an average rating of “Moderate Buy” by the ten analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $62.00.

USFD has been the subject of a number of recent research reports. Piper Sandler increased their price objective on US Foods from $59.00 to $61.00 and gave the stock an “overweight” rating in a research report on Friday, June 7th. BMO Capital Markets restated an “outperform” rating and set a $62.00 price objective (up previously from $58.00) on shares of US Foods in a research report on Friday, May 10th. Truist Financial boosted their price target on shares of US Foods from $65.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday, June 6th. Barclays raised their price objective on shares of US Foods from $60.00 to $64.00 and gave the company an “overweight” rating in a research report on Friday, May 10th. Finally, UBS Group raised their price target on US Foods from $64.00 to $67.00 and gave the company a “buy” rating in a report on Friday, May 10th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Lord Abbett & CO. LLC acquired a new stake in US Foods during the first quarter valued at approximately $22,937,000. State of Alaska Department of Revenue lifted its position in shares of US Foods by 138.6% in the 4th quarter. State of Alaska Department of Revenue now owns 64,425 shares of the company’s stock worth $2,925,000 after buying an additional 37,425 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of US Foods by 46.3% in the 1st quarter. Janus Henderson Group PLC now owns 162,338 shares of the company’s stock valued at $8,759,000 after buying an additional 51,402 shares during the period. Entropy Technologies LP bought a new stake in shares of US Foods during the 1st quarter valued at about $232,000. Finally, International Assets Investment Management LLC raised its stake in US Foods by 4,441.0% during the fourth quarter. International Assets Investment Management LLC now owns 25,339 shares of the company’s stock worth $1,151,000 after acquiring an additional 24,781 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

US Foods Stock Down 5.1 %

Shares of NYSE:USFD opened at $51.21 on Thursday. US Foods has a fifty-two week low of $35.66 and a fifty-two week high of $55.98. The firm’s 50 day moving average price is $52.87 and its 200 day moving average price is $51.67. The company has a quick ratio of 0.81, a current ratio of 1.31 and a debt-to-equity ratio of 0.95. The stock has a market cap of $12.59 billion, a price-to-earnings ratio of 25.23, a price-to-earnings-growth ratio of 0.88 and a beta of 1.62.

US Foods (NYSE:USFD) last issued its earnings results on Thursday, May 9th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.01). US Foods had a net margin of 1.41% and a return on equity of 13.08%. The company had revenue of $8.95 billion during the quarter, compared to analyst estimates of $8.93 billion. As a group, equities research analysts predict that US Foods will post 2.94 earnings per share for the current fiscal year.

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.