US Foods (NYSE:USFD) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research cut shares of US Foods (NYSE:USFDFree Report) from a hold rating to a strong sell rating in a research report sent to investors on Wednesday morning,Zacks.com reports.

A number of other research firms also recently issued reports on USFD. Weiss Ratings downgraded US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Wall Street Zen downgraded US Foods from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Piper Sandler lowered their price objective on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a research note on Monday, June 1st. Citigroup dropped their target price on shares of US Foods from $115.00 to $111.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Finally, BTIG Research cut their target price on shares of US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Ten investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.50.

Get Our Latest Analysis on USFD

US Foods Stock Performance

US Foods stock opened at $104.04 on Wednesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. The company has a market capitalization of $22.91 billion, a PE ratio of 35.03, a P/E/G ratio of 1.30 and a beta of 0.79. The company has a 50 day moving average price of $88.97 and a 200-day moving average price of $87.85. US Foods has a fifty-two week low of $69.88 and a fifty-two week high of $104.43.

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

Hedge Funds Weigh In On US Foods

Several institutional investors and hedge funds have recently added to or reduced their stakes in USFD. Measured Wealth Private Client Group LLC purchased a new stake in shares of US Foods during the third quarter valued at about $26,000. Steph & Co. bought a new stake in shares of US Foods in the 4th quarter valued at about $34,000. Nalls Sherbakoff Group LLC purchased a new position in shares of US Foods in the 4th quarter worth approximately $36,000. Geneos Wealth Management Inc. raised its stake in shares of US Foods by 120.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after acquiring an additional 263 shares in the last quarter. Finally, Western Wealth Management LLC bought a new position in shares of US Foods during the 1st quarter worth approximately $46,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

About US Foods

(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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Analyst Recommendations for US Foods (NYSE:USFD)

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