Analysts Set US Foods Holding Corp. (NYSE:USFD) Price Target at $81.27

Shares of US Foods Holding Corp. (NYSE:USFD) have been assigned a consensus rating of “Buy” from the twelve ratings firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, nine have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $81.2727.

Several research firms have recently weighed in on USFD. Piper Sandler raised their price target on shares of US Foods from $77.00 to $85.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 5th. Wells Fargo & Company reissued an “overweight” rating and issued a $87.00 price target (up from $80.00) on shares of US Foods in a research note on Friday, August 8th. Citigroup began coverage on shares of US Foods in a research note on Thursday, May 22nd. They issued a “buy” rating and a $95.00 price target on the stock. Finally, Morgan Stanley reissued an “overweight” rating and issued a $89.00 price target (up from $84.00) on shares of US Foods in a research note on Monday, July 14th.

Insider Buying and Selling at US Foods

In other news, EVP Dirk J. Locascio sold 7,500 shares of the firm’s stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $80.00, for a total value of $600,000.00. Following the transaction, the executive vice president directly owned 115,077 shares of the company’s stock, valued at approximately $9,206,160. This trade represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On US Foods

Several hedge funds and other institutional investors have recently bought and sold shares of USFD. Boston Partners increased its position in US Foods by 29.1% during the first quarter. Boston Partners now owns 16,457,351 shares of the company’s stock worth $1,076,225,000 after purchasing an additional 3,713,345 shares during the last quarter. Norges Bank acquired a new stake in US Foods during the second quarter worth about $184,413,000. Burgundy Asset Management Ltd. acquired a new stake in US Foods during the first quarter worth about $110,245,000. Primecap Management Co. CA increased its position in US Foods by 84.4% during the second quarter. Primecap Management Co. CA now owns 3,580,710 shares of the company’s stock worth $275,750,000 after purchasing an additional 1,639,310 shares during the last quarter. Finally, Jupiter Asset Management Ltd. acquired a new stake in US Foods during the first quarter worth about $91,087,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Stock Performance

USFD opened at $78.06 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.17 and a debt-to-equity ratio of 1.02. The company has a market cap of $17.58 billion, a price-to-earnings ratio of 33.36, a PEG ratio of 1.10 and a beta of 1.39. US Foods has a 52-week low of $56.47 and a 52-week high of $85.11. The firm’s fifty day simple moving average is $79.96 and its two-hundred day simple moving average is $73.40.

US Foods (NYSE:USFD) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.05. The business had revenue of $10.08 billion for the quarter, compared to the consensus estimate of $10.17 billion. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The company’s revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $0.93 earnings per share. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. Equities analysts anticipate that US Foods will post 3.59 earnings per share for the current fiscal year.

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.