US Foods Holding Corp. (NYSE:USFD) Receives Consensus Rating of “Buy” from Analysts

US Foods Holding Corp. (NYSE:USFD) has been given a consensus recommendation of “Buy” by the thirteen ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research 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 analysts that have updated their coverage on the stock in the last year is $67.08.

USFD has been the topic of several recent research reports. Barclays raised their price objective on US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Piper Sandler boosted their price target on US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. Jefferies Financial Group raised their price objective on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. UBS Group boosted their target price on shares of US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, November 8th. Finally, Wells Fargo & Company raised their price target on shares of US Foods from $66.00 to $75.00 and gave the company an “overweight” rating in a research note on Wednesday, September 18th.

US Foods Price Performance

Shares of NYSE:USFD opened at $67.98 on Friday. The firm has a 50 day simple moving average of $67.44 and a 200 day simple moving average of $60.53. The company has a market cap of $15.84 billion, a price-to-earnings ratio of 29.18, a PEG ratio of 1.15 and a beta of 1.67. US Foods has a one year low of $44.81 and a one year high of $72.84. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72.

Institutional Investors Weigh In On US Foods

Several large investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC bought a new position in shares of US Foods during the 2nd quarter worth approximately $25,000. Quent Capital LLC boosted its stake in US Foods by 87.6% during the third quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after acquiring an additional 219 shares in the last quarter. International Assets Investment Management LLC bought a new position in US Foods during the second quarter worth $30,000. Ashton Thomas Securities LLC bought a new stake in US Foods in the third quarter valued at $31,000. Finally, Huntington National Bank increased its stake in US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after purchasing an additional 409 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

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.