US Foods (USFD) to Release Earnings on Thursday

US Foods (NYSE:USFD) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.79 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

US Foods Stock Down 0.1 %

Shares of USFD opened at $69.62 on Thursday. The stock has a fifty day simple moving average of $69.06 and a two-hundred day simple moving average of $63.87. The company has a quick ratio of 0.72, a current ratio of 1.19 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $16.22 billion, a PE ratio of 29.88, a price-to-earnings-growth ratio of 0.95 and a beta of 1.67. US Foods has a 52-week low of $45.24 and a 52-week high of $73.00.

Analysts Set New Price Targets

Several brokerages have recently commented on USFD. Barclays upped their price objective on shares of US Foods from $71.00 to $78.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. UBS Group upped their price target on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Jefferies Financial Group raised their price target on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Melius Research upgraded US Foods to a “strong-buy” rating in a report on Wednesday, December 18th. Finally, Piper Sandler raised their target price on US Foods from $61.00 to $75.00 and gave the company an “overweight” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $68.92.

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.