US Foods Holding Corp. (NYSE:USFD) Given Consensus Recommendation of “Buy” by Analysts

US Foods Holding Corp. (NYSE:USFD) has received an average recommendation of “Buy” from the thirteen brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $71.83.

A number of brokerages have recently issued reports on USFD. Truist Financial lifted their price target on US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Piper Sandler lifted their target price on shares of US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research report on Tuesday, February 18th. UBS Group increased their price target on shares of US Foods from $77.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Morgan Stanley lifted their price objective on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Finally, StockNews.com cut US Foods from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd.

US Foods Price Performance

USFD stock opened at $67.89 on Friday. The firm has a 50 day moving average of $64.94 and a 200-day moving average of $66.85. The firm has a market capitalization of $15.65 billion, a P/E ratio of 33.61, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38. US Foods has a 12 month low of $50.05 and a 12 month high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06.

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

Insider Activity at US Foods

In related news, Director David W. Bullock acquired 4,000 shares of US Foods stock in a transaction on Tuesday, February 18th. The shares were acquired at an average cost of $71.06 per share, with a total value of $284,240.00. Following the transaction, the director now owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On US Foods

Large investors have recently modified their holdings of the stock. Dynasty Wealth Management LLC grew its stake in US Foods by 1.6% in the first quarter. Dynasty Wealth Management LLC now owns 26,903 shares of the company’s stock worth $1,761,000 after purchasing an additional 436 shares during the period. Parcion Private Wealth LLC purchased a new stake in shares of US Foods in the 1st quarter worth about $230,000. Segall Bryant & Hamill LLC increased its stake in shares of US Foods by 7.9% in the 1st quarter. Segall Bryant & Hamill LLC now owns 120,870 shares of the company’s stock worth $7,912,000 after acquiring an additional 8,828 shares in the last quarter. Tectonic Advisors LLC lifted its position in US Foods by 8.3% during the 1st quarter. Tectonic Advisors LLC now owns 7,026 shares of the company’s stock valued at $460,000 after acquiring an additional 536 shares during the period. Finally, Dakota Wealth Management boosted its stake in US Foods by 12.6% during the first quarter. Dakota Wealth Management now owns 4,390 shares of the company’s stock worth $287,000 after acquiring an additional 491 shares in the last quarter. Institutional investors own 98.76% of the company’s stock.

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.