US Foods (NYSE:USFD) Hits New 12-Month High – Should You Buy?

US Foods Holding Corp. (NYSE:USFD – Get Free Report)’s stock price reached a new 52-week high on Wednesday. The stock traded as high as $111.52 and last traded at $110.8780, with a volume of 1,934,416 shares trading hands. The stock had previously closed at $101.36.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on USFD shares. Piper Sandler lifted their target price on shares of US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a research note on Wednesday, August 12th. Wall Street Zen raised shares of US Foods from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. JPMorgan Chase & Co. cut their price objective on US Foods from $108.00 to $98.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 29th. BTIG Research upped their price objective on shares of US Foods from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, Guggenheim increased their target price on US Foods from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, US Foods currently has an average rating of “Moderate Buy” and a consensus target price of $114.85.

View Our Latest Stock Report on USFD

US Foods Trading Up 8.5%

The firm has a market capitalization of $23.80 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 1.34 and a beta of 0.87. The business has a 50 day moving average of $99.27 and a 200 day moving average of $94.64. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70.

US Foods (NYSE:USFD – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The company had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.46 billion. During the same period last year, the firm posted $1.19 earnings per share. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, research analysts predict that US Foods Holding Corp. will post 4.45 earnings per share for the current fiscal year.

Insider Activity at US Foods

In other US Foods news, insider William Spencer Hancock sold 21,754 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the completion of the sale, the insider owned 101,144 shares of the company’s stock, valued at $10,952,883.76. This trade represents a 17.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Randy J. Taylor sold 11,630 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $110.37, for a total value of $1,283,603.10. Following the completion of the sale, the insider owned 73,618 shares of the company’s stock, valued at $8,125,218.66. This trade represents a 13.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.74% of the stock is owned by corporate insiders.

Institutional Trading of US Foods

Several institutional investors and hedge funds have recently modified their holdings of the business. Callan Family Office LLC bought a new stake in shares of US Foods during the 2nd quarter valued at about $1,762,000. SaddleRock Capital Management LLC purchased a new stake in US Foods in the 2nd quarter worth $7,058,000. Fifth Third Bancorp grew its holdings in US Foods by 2,548.1% during the 1st quarter. Fifth Third Bancorp now owns 75,392 shares of the company’s stock valued at $6,952,000 after buying an additional 72,545 shares in the last quarter. Junto Capital Management LP purchased a new position in US Foods during the second quarter valued at $70,921,000. Finally, BlackRock Inc. bought a new stake in US Foods in the 2nd quarter valued at $2,131,439,000. 98.76% of the stock is currently owned by institutional investors.

About US Foods

(Get Free Report)

US Foods Holding Corp. is a leading foodservice distributor serving restaurants, health care and hospitality organizations, educational institutions, government facilities and other commercial customers across the United States. Through its distribution network, the company delivers food, beverages, equipment and related supplies to professional foodservice operators.

The company offers a broad selection of fresh and frozen foods, dry groceries, beverages, meat, seafood, produce, dairy products and disposable supplies.

Further Reading

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