Sysco (NYSE:SYY) Issues FY 2025 Earnings Guidance

Sysco (NYSE:SYY) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 4.570-4.610 for the period, compared to the consensus EPS estimate of 4.560. The company issued revenue guidance of $82.0 billion-$82.8 billion, compared to the consensus revenue estimate of $82.2 billion.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. StockNews.com cut shares of Sysco from a “strong-buy” rating to a “buy” rating in a report on Monday. Jefferies Financial Group boosted their target price on shares of Sysco from $91.00 to $95.00 and gave the company a “buy” rating in a report on Monday, December 16th. Melius began coverage on shares of Sysco in a report on Wednesday, December 18th. They set a “hold” rating and a $85.00 target price on the stock. Wells Fargo & Company dropped their price target on shares of Sysco from $87.00 to $82.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Finally, Morgan Stanley dropped their price target on shares of Sysco from $82.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Four equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $85.79.

Sysco Price Performance

SYY opened at $76.83 on Tuesday. The company has a debt-to-equity ratio of 5.38, a quick ratio of 0.73 and a current ratio of 1.26. The stock has a market capitalization of $37.74 billion, a P/E ratio of 19.75, a P/E/G ratio of 2.04 and a beta of 1.18. The company’s 50-day simple moving average is $76.45 and its two-hundred day simple moving average is $75.99. Sysco has a 52-week low of $69.03 and a 52-week high of $82.89.

Sysco (NYSE:SYY) last released its quarterly earnings results on Tuesday, October 29th. The company reported $1.09 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.04). Sysco had a net margin of 2.44% and a return on equity of 101.04%. The business had revenue of $20.48 billion for the quarter, compared to analysts’ expectations of $20.47 billion. During the same period in the previous year, the company earned $1.07 EPS. Sysco’s revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, analysts predict that Sysco will post 4.57 EPS for the current year.

Sysco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 3rd were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 2.66%. The ex-dividend date was Friday, January 3rd. Sysco’s payout ratio is currently 52.44%.

Insider Activity

In related news, SVP Eve M. Mcfadden sold 4,036 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $75.10, for a total value of $303,103.60. Following the completion of the sale, the senior vice president now directly owns 48,451 shares of the company’s stock, valued at approximately $3,638,670.10. This represents a 7.69 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Sheila Talton sold 2,900 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $74.63, for a total transaction of $216,427.00. Following the completion of the sale, the director now directly owns 12,955 shares of the company’s stock, valued at $966,831.65. This represents a 18.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 83,306 shares of company stock valued at $6,485,050 in the last quarter. 0.54% of the stock is currently owned by insiders.

Sysco Company Profile

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments.