Shares of US Foods Holding Corp. (NYSE:USFD – Get Free Report) have received an average recommendation of “Buy” from the twelve research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and two have 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 $81.2727.
A number of brokerages recently issued reports on USFD. Wall Street Zen upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 5th. Piper Sandler lifted their price target on shares of US Foods from $77.00 to $85.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Citigroup began coverage on shares of US Foods in a research note on Thursday, May 22nd. They issued a “buy” rating and a $95.00 price target for the company. Morgan Stanley reiterated an “overweight” rating and issued a $89.00 price target (up previously from $84.00) on shares of US Foods in a research note on Monday, July 14th. Finally, Guggenheim boosted their price objective on shares of US Foods from $80.00 to $88.00 and gave the stock a “buy” rating in a research report on Monday, August 11th.
Read Our Latest Stock Report on USFD
US Foods Trading Down 0.3%
US Foods (NYSE:USFD – Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.14 by $0.05. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The business had revenue of $10.08 billion during the quarter, compared to analyst estimates of $10.17 billion. During the same quarter last year, the firm posted $0.93 earnings per share. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Equities research analysts anticipate that US Foods will post 3.59 EPS for the current fiscal year.
Insider Buying and Selling at US Foods
In other news, EVP Dirk J. Locascio sold 7,500 shares of the business’s stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $80.00, for a total transaction of $600,000.00. Following the completion of the sale, the executive vice president owned 115,077 shares in the company, valued at approximately $9,206,160. The trade was a 6.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.60% of the company’s stock.
Institutional Trading of US Foods
Institutional investors have recently modified their holdings of the stock. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of US Foods by 14.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,500 shares of the company’s stock worth $622,000 after buying an additional 1,200 shares during the last quarter. Allianz Asset Management GmbH lifted its position in shares of US Foods by 152.6% during the 1st quarter. Allianz Asset Management GmbH now owns 104,768 shares of the company’s stock worth $6,858,000 after buying an additional 63,288 shares during the last quarter. Jupiter Asset Management Ltd. purchased a new stake in shares of US Foods during the 1st quarter worth approximately $91,087,000. GAMMA Investing LLC lifted its position in shares of US Foods by 16.0% during the 1st quarter. GAMMA Investing LLC now owns 3,458 shares of the company’s stock worth $226,000 after buying an additional 478 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of US Foods by 49.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 41,715 shares of the company’s stock worth $2,731,000 after buying an additional 13,821 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.
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.
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