US Foods Holding Corp. (NYSE:USFD) Given Consensus Rating of “Buy” by Analysts

Shares of US Foods Holding Corp. (NYSE:USFD) have received a consensus rating of “Buy” from the thirteen research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $70.33.

Several analysts have recently weighed in on the company. Melius started coverage on US Foods in a report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective on the stock. Jefferies Financial Group boosted their price target on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, December 16th. UBS Group boosted their price target on US Foods from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, February 14th. StockNews.com lowered US Foods from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Finally, Truist Financial boosted their price target on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, February 14th.

US Foods Stock Performance

Shares of NYSE USFD opened at $63.61 on Friday. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The business’s 50 day moving average is $69.18 and its two-hundred day moving average is $65.88. The company has a market cap of $14.65 billion, a P/E ratio of 31.49, a P/E/G ratio of 1.03 and a beta of 1.65. US Foods has a 12 month low of $49.65 and a 12 month high of $73.19.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The business had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. On average, equities analysts expect that US Foods will post 3.59 EPS for the current year.

Insider Buying and Selling at US Foods

In other US Foods news, Director David W. Bullock bought 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now owns 4,500 shares in the company, valued at approximately $319,770. The trade was a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Legacy Wealth Asset Management LLC boosted its position in shares of US Foods by 4.0% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,134 shares of the company’s stock worth $279,000 after buying an additional 160 shares during the period. Arizona State Retirement System boosted its position in shares of US Foods by 0.3% during the fourth quarter. Arizona State Retirement System now owns 67,426 shares of the company’s stock worth $4,549,000 after buying an additional 170 shares during the period. Bank of Montreal Can boosted its position in shares of US Foods by 0.3% during the third quarter. Bank of Montreal Can now owns 66,848 shares of the company’s stock worth $4,022,000 after buying an additional 171 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of US Foods by 59.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after buying an additional 178 shares during the period. Finally, GeoWealth Management LLC boosted its position in shares of US Foods by 94.5% during the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock worth $26,000 after buying an additional 189 shares during the period. 98.76% of the stock is owned by institutional investors and hedge funds.

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.