US Foods (NYSE:USFD) Sets New 1-Year High – Here’s What Happened

Shares of US Foods Holding Corp. (NYSE:USFDGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $102.50 and last traded at $102.0570, with a volume of 3509423 shares. The stock had previously closed at $98.31.

Wall Street Analyst Weigh In

Several brokerages recently commented on USFD. Wall Street Zen cut US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research downgraded US Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. BTIG Research lowered their target price on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Piper Sandler lowered their price target on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a research report on Monday, June 1st. Finally, Citigroup dropped their price objective on shares of US Foods from $115.00 to $111.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, US Foods presently has a consensus rating of “Moderate Buy” and an average price target of $105.50.

Get Our Latest Stock Report on US Foods

US Foods Stock Performance

The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. The stock has a market cap of $22.48 billion, a price-to-earnings ratio of 34.36, a P/E/G ratio of 1.25 and a beta of 0.84. The company has a 50 day simple moving average of $88.14 and a 200 day simple moving average of $87.10.

US Foods (NYSE:USFDGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). US Foods had a net margin of 1.71% and a return on equity of 19.37%. The firm had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $9.66 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The firm’s revenue was up 2.8% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, equities research analysts forecast that US Foods Holding Corp. will post 4.34 EPS for the current year.

Hedge Funds Weigh In On US Foods

Hedge funds have recently made changes to their positions in the stock. Measured Wealth Private Client Group LLC acquired a new stake in US Foods during the 3rd quarter worth about $26,000. Steph & Co. bought a new position in US Foods in the 4th quarter valued at about $34,000. Nalls Sherbakoff Group LLC purchased a new stake in US Foods in the 4th quarter valued at $36,000. Geneos Wealth Management Inc. boosted its holdings in US Foods by 120.1% during the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new stake in shares of US Foods during the first quarter valued at approximately $46,000. 98.76% of the stock is currently owned by institutional investors.

US Foods Company Profile

(Get Free Report)

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.

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