US Foods (NYSE:USFD – Get Free Report) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.
USFD has been the topic of a number of other reports. Weiss Ratings cut shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, May 1st. Citigroup reissued a “buy” rating on shares of US Foods in a research report on Wednesday, July 22nd. Morgan Stanley upped their target price on shares of US Foods from $94.00 to $103.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 15th. TD Cowen assumed coverage on shares of US Foods in a research report on Tuesday, July 7th. They set a “buy” rating and a $116.00 target price on the stock. Finally, Wall Street Zen downgraded shares of US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.00.
Read Our Latest Report on USFD
US Foods Trading Up 0.9%
US Foods (NYSE:USFD – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The business had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $9.66 billion. US Foods had a net margin of 1.71% and a return on equity of 19.37%. US Foods’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.68 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities analysts forecast that US Foods will post 4.35 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in USFD. Measured Wealth Private Client Group LLC bought a new stake in shares of US Foods in the 3rd quarter valued at about $26,000. Steph & Co. purchased a new position in US Foods during the fourth quarter valued at approximately $34,000. Nalls Sherbakoff Group LLC purchased a new position in US Foods during the fourth quarter valued at approximately $36,000. Geneos Wealth Management Inc. raised its stake in US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares in the last quarter. Finally, Western Wealth Management LLC bought a new position in US Foods in the first quarter worth approximately $46,000. 98.76% of the stock is currently owned by institutional investors.
US Foods Company Profile
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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