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

US Foods (NYSE:USFD) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

USFD has been the subject of a number of other reports. BTIG Research increased their price target on US Foods from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 7th. UBS Group boosted their price objective on US Foods from $117.00 to $127.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Wells Fargo & Company upped their target price on US Foods from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. cut their price target on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $113.92.

US Foods Price Performance

US Foods stock opened at $108.72 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14. The stock has a market capitalization of $23.52 billion, a P/E ratio of 33.45, a price-to-earnings-growth ratio of 1.40 and a beta of 0.81. US Foods has a 52 week low of $69.88 and a 52 week high of $111.42. The stock has a fifty day moving average of $99.16 and a 200-day moving average of $92.95.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The business had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.46 billion. During the same period in the prior year, the company earned $1.19 EPS. The firm’s quarterly revenue was up 4.5% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, sell-side analysts expect that US Foods will post 4.35 earnings per share for the current fiscal year.

Insider Buying and Selling

In other US Foods news, insider William Spencer Hancock sold 21,754 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the transaction, the insider owned 101,144 shares in the company, valued at approximately $10,952,883.76. This trade represents a 17.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Randy J. Taylor sold 11,630 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $110.37, for a total transaction of $1,283,603.10. Following the completion of the transaction, the insider owned 73,618 shares in the company, valued at $8,125,218.66. This trade represents a 13.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.74% of the company’s stock.

Hedge Funds Weigh In On US Foods

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of US Foods by 47.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 107,928 shares of the company’s stock worth $8,129,000 after purchasing an additional 34,814 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of US Foods by 2,548.1% during the first quarter. Fifth Third Bancorp now owns 75,392 shares of the company’s stock valued at $6,952,000 after buying an additional 72,545 shares during the last quarter. University of Texas Texas AM Investment Management Co. purchased a new position in shares of US Foods during the fourth quarter valued at approximately $4,221,000. Premier Fund Managers Ltd bought a new stake in US Foods during the fourth quarter worth $23,818,000. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in US Foods by 9,713.4% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,243,456 shares of the company’s stock valued at $114,659,000 after buying an additional 1,230,785 shares during the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Company Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.