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

US Foods Holding Corp. (NYSE:USFD) has been assigned a consensus rating of “Buy” from the thirteen research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $70.33.

Several research analysts recently commented on the company. Barclays lifted their price target on US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Truist Financial raised their price objective on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Piper Sandler boosted their target price on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research report on Tuesday. UBS Group raised their price target on US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Finally, Melius Research upgraded shares of US Foods to a “strong-buy” rating in a report on Wednesday, December 18th.

Insiders Place Their Bets

In related news, Director David W. Bullock purchased 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was acquired at an average price of $71.06 per share, with a total value of $284,240.00. Following the completion of the acquisition, the director now owns 4,500 shares in the company, valued at approximately $319,770. This represents a 800.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.70% of the company’s stock.

Institutional Investors Weigh In On US Foods

A number of large investors have recently made changes to their positions in the stock. Colonial Trust Co SC acquired a new stake in US Foods during the 4th quarter worth about $25,000. GeoWealth Management LLC raised its stake in shares of US Foods by 94.5% in the fourth quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of US Foods during the fourth quarter worth about $32,000. EverSource Wealth Advisors LLC boosted its position in US Foods by 59.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $32,000 after buying an additional 178 shares during the last quarter. Finally, True Wealth Design LLC increased its holdings in US Foods by 153.6% in the 4th quarter. True Wealth Design LLC now owns 492 shares of the company’s stock worth $33,000 after buying an additional 298 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

US Foods Stock Down 2.1 %

Shares of USFD opened at $70.13 on Monday. The business’s 50 day simple moving average is $69.17 and its 200-day simple moving average is $64.65. US Foods has a 1 year low of $49.65 and a 1 year high of $73.19. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.21 and a quick ratio of 0.71. The stock has a market capitalization of $16.16 billion, a price-to-earnings ratio of 34.72, a price-to-earnings-growth ratio of 1.03 and a beta of 1.67.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.01). US Foods had a net margin of 1.30% and a return on equity of 15.03%. The business had revenue of $9.49 billion for the quarter, compared to analysts’ expectations of $9.47 billion. As a group, equities analysts expect that US Foods will post 3.59 earnings per share for the current fiscal year.

US Foods Company Profile

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.