US Foods Holding Corp. (NYSE:USFD) Given Average Rating of “Moderate Buy” by Brokerages

Shares of US Foods Holding Corp. (NYSE:USFD) have earned a consensus rating of “Moderate Buy” from the ten research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $62.00.

A number of brokerages recently issued reports on USFD. UBS Group upped their price objective on shares of US Foods from $64.00 to $67.00 and gave the stock a “buy” rating in a report on Friday, May 10th. Wells Fargo & Company increased their price objective on US Foods from $63.00 to $66.00 and gave the company an “overweight” rating in a report on Thursday, June 6th. BTIG Research boosted their target price on US Foods from $52.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, March 19th. BMO Capital Markets reiterated an “outperform” rating and set a $62.00 price target (up previously from $58.00) on shares of US Foods in a report on Friday, May 10th. Finally, Truist Financial boosted their price objective on shares of US Foods from $65.00 to $66.00 and gave the stock a “buy” rating in a research note on Thursday, June 6th.

Institutional Investors Weigh In On US Foods

Several hedge funds have recently made changes to their positions in USFD. GAMMA Investing LLC raised its holdings in US Foods by 23.5% in the 1st quarter. GAMMA Investing LLC now owns 1,088 shares of the company’s stock valued at $59,000 after acquiring an additional 207 shares in the last quarter. Davis Investment Partners LLC raised its stake in shares of US Foods by 1.0% in the first quarter. Davis Investment Partners LLC now owns 22,832 shares of the company’s stock valued at $1,179,000 after purchasing an additional 222 shares in the last quarter. Mount Yale Investment Advisors LLC lifted its position in US Foods by 2.8% in the first quarter. Mount Yale Investment Advisors LLC now owns 10,634 shares of the company’s stock worth $574,000 after purchasing an additional 286 shares during the period. OLD National Bancorp IN boosted its stake in US Foods by 5.0% during the second quarter. OLD National Bancorp IN now owns 6,289 shares of the company’s stock worth $333,000 after buying an additional 301 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in US Foods by 25.8% in the 1st quarter. Fifth Third Bancorp now owns 1,623 shares of the company’s stock valued at $88,000 after buying an additional 333 shares during the period. Institutional investors own 98.76% of the company’s stock.

US Foods Price Performance

USFD opened at $52.01 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.81 and a debt-to-equity ratio of 0.95. US Foods has a 1 year low of $35.66 and a 1 year high of $55.98. The stock has a fifty day moving average price of $53.20 and a 200 day moving average price of $50.81. The stock has a market cap of $12.79 billion, a price-to-earnings ratio of 25.62, a PEG ratio of 0.85 and a beta of 1.62.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.01). US Foods had a net margin of 1.41% and a return on equity of 13.08%. The firm had revenue of $8.95 billion for the quarter, compared to analyst estimates of $8.93 billion. Analysts forecast that US Foods will post 2.92 EPS for the current fiscal year.

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.