Sysco (NYSE:SYY) Issues FY 2025 Earnings Guidance

Sysco (NYSE:SYY) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.350- for the period, compared to the consensus earnings per share estimate of 4.550. The company issued revenue guidance of $81.2 billion-$81.2 billion, compared to the consensus revenue estimate of $82.1 billion.

Analysts Set New Price Targets

Several research firms have recently commented on SYY. Truist Financial decreased their price objective on Sysco from $85.00 to $83.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Morgan Stanley reduced their target price on shares of Sysco from $79.00 to $77.00 and set an “equal weight” rating for the company in a report on Wednesday, January 29th. StockNews.com downgraded shares of Sysco from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 20th. Guggenheim reissued a “buy” rating and issued a $85.00 price objective on shares of Sysco in a research note on Wednesday, January 29th. Finally, Barclays lifted their target price on shares of Sysco from $85.00 to $87.00 and gave the company an “overweight” rating in a research note on Tuesday, April 22nd. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat.com, Sysco has an average rating of “Moderate Buy” and a consensus target price of $85.07.

Sysco Stock Performance

NYSE SYY opened at $69.39 on Tuesday. The company has a debt-to-equity ratio of 5.66, a current ratio of 1.20 and a quick ratio of 0.68. Sysco has a 1-year low of $66.14 and a 1-year high of $82.23. The business has a 50 day simple moving average of $72.79 and a two-hundred day simple moving average of $74.41. The stock has a market capitalization of $33.95 billion, a PE ratio of 18.06, a P/E/G ratio of 1.88 and a beta of 0.91.

Sysco (NYSE:SYY) last posted its earnings results on Tuesday, April 29th. The company reported $0.96 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.07). Sysco had a net margin of 2.40% and a return on equity of 106.30%. On average, research analysts predict that Sysco will post 4.58 EPS for the current fiscal year.

Sysco Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Investors of record on Thursday, July 3rd will be given a $0.54 dividend. This is a positive change from Sysco’s previous quarterly dividend of $0.51. This represents a $2.16 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date of this dividend is Thursday, July 3rd. Sysco’s dividend payout ratio is 55.53%.

About Sysco

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.