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

US Foods Holding Corp. (NYSE:USFD) has received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $90.00.

A number of equities research analysts recently weighed in on USFD shares. Wall Street Zen downgraded US Foods from a “strong-buy” rating to a “buy” rating in a research report on Monday, January 19th. Guggenheim increased their price objective on US Foods from $88.00 to $95.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Sanford C. Bernstein reiterated an “outperform” rating on shares of US Foods in a research note on Friday, November 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of US Foods in a report on Monday, December 29th. Finally, Citigroup boosted their price objective on shares of US Foods from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, January 27th.

Insider Buying and Selling

In other US Foods news, insider Steven Guberman sold 58,632 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $72.00, for a total transaction of $4,221,504.00. Following the completion of the sale, the insider owned 113,410 shares in the company, valued at approximately $8,165,520. The trade was a 34.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On US Foods

Several institutional investors have recently modified their holdings of the stock. Parkside Financial Bank & Trust boosted its position in shares of US Foods by 303.7% during the third quarter. Parkside Financial Bank & Trust now owns 327 shares of the company’s stock worth $25,000 after purchasing an additional 246 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of US Foods in the 3rd quarter valued at about $26,000. Steph & Co. bought a new position in US Foods in the fourth quarter valued at approximately $34,000. Geneos Wealth Management Inc. grew its stake in shares of US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after buying an additional 263 shares in the last quarter. Finally, First Horizon Corp bought a new position in shares of US Foods in the 3rd quarter valued at about $39,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Trading Down 0.8%

US Foods stock opened at $83.56 on Monday. US Foods has a 52 week low of $57.36 and a 52 week high of $85.85. The firm has a market capitalization of $18.63 billion, a PE ratio of 34.81, a PEG ratio of 1.05 and a beta of 1.02. The business’s 50-day simple moving average is $78.35 and its 200-day simple moving average is $77.60. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 1.15.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.02. The company had revenue of $10.19 billion during the quarter, compared to analysts’ expectations of $10.18 billion. US Foods had a return on equity of 17.71% and a net margin of 1.43%.US Foods’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 earnings per share. Equities research analysts forecast that US Foods will post 3.59 earnings per share for the current year.

About US Foods

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.