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

US Foods Holding Corp. (NYSE:USFD) has been given an average rating of “Moderate Buy” by the nine brokerages that are covering the firm, Marketbeat reports. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $54.92.

USFD has been the subject of several recent analyst reports. BTIG Research raised their price objective on shares of US Foods from $52.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, March 19th. Morgan Stanley raised their price objective on shares of US Foods from $60.00 to $62.00 and gave the stock an “overweight” rating in a report on Friday, April 12th. Truist Financial raised their price objective on shares of US Foods from $52.00 to $57.00 and gave the stock a “buy” rating in a report on Tuesday, February 20th. JPMorgan Chase & Co. raised their price objective on shares of US Foods from $50.00 to $52.00 and gave the stock a “neutral” rating in a report on Tuesday, March 19th. Finally, StockNews.com raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, February 23rd.

US Foods Stock Performance

Shares of USFD stock opened at $50.45 on Tuesday. The company’s fifty day simple moving average is $51.74 and its 200-day simple moving average is $46.12. US Foods has a 52 week low of $35.66 and a 52 week high of $54.94. The company has a current ratio of 1.30, a quick ratio of 0.78 and a debt-to-equity ratio of 0.96. The company has a market cap of $12.37 billion, a PE ratio of 24.98, a P/E/G ratio of 0.84 and a beta of 1.58.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, February 15th. The company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.04). The firm had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.81 billion. US Foods had a net margin of 1.42% and a return on equity of 13.41%. As a group, equities research analysts anticipate that US Foods will post 2.9 EPS for the current year.

Insider Activity at US Foods

In related news, EVP David A. Rickard sold 50,000 shares of US Foods stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $52.52, for a total value of $2,626,000.00. Following the sale, the executive vice president now directly owns 148,561 shares in the company, valued at approximately $7,802,423.72. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.70% of the stock is currently owned by insiders.

Institutional Trading of US Foods

A number of hedge funds and other institutional investors have recently made changes to their positions in USFD. Redmont Wealth Advisors LLC bought a new stake in shares of US Foods during the 1st quarter worth about $27,000. Blue Trust Inc. bought a new stake in shares of US Foods during the 4th quarter worth about $30,000. Rise Advisors LLC bought a new stake in shares of US Foods during the 1st quarter worth about $30,000. GAMMA Investing LLC bought a new stake in shares of US Foods during the 4th quarter worth about $41,000. Finally, Fifth Third Bancorp grew its stake in shares of US Foods by 36.1% in the 3rd quarter. Fifth Third Bancorp now owns 1,191 shares of the company’s stock worth $47,000 after purchasing an additional 316 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors.

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.