US Foods (NYSE:USFD) Research Coverage Started at Sanford C. Bernstein

Sanford C. Bernstein assumed coverage on shares of US Foods (NYSE:USFD) in a research note released on Wednesday, MarketBeat Ratings reports. The firm issued an outperform rating and a $95.00 price objective on the stock.

Several other research analysts have also recently weighed in on USFD. JPMorgan Chase & Co. increased their price objective on US Foods from $82.00 to $85.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 25th. Morgan Stanley reaffirmed an “overweight” rating and issued a $89.00 price target (up previously from $84.00) on shares of US Foods in a research note on Monday, July 14th. Guggenheim boosted their price target on US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Finally, Piper Sandler boosted their target price on shares of US Foods from $77.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $82.42.

US Foods Stock Down 2.0%

USFD opened at $74.32 on Wednesday. US Foods has a 1-year low of $57.36 and a 1-year high of $85.11. The stock’s fifty day simple moving average is $77.05 and its 200 day simple moving average is $75.79. The company has a current ratio of 1.17, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. The stock has a market cap of $16.73 billion, a PE ratio of 31.76, a price-to-earnings-growth ratio of 1.06 and a beta of 1.36.

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

Hedge Funds Weigh In On US Foods

A number of institutional investors and hedge funds have recently bought and sold shares of USFD. Securian Asset Management Inc. grew its holdings in US Foods by 0.7% during the second quarter. Securian Asset Management Inc. now owns 17,618 shares of the company’s stock worth $1,357,000 after buying an additional 121 shares in the last quarter. Archer Investment Corp grew its holdings in US Foods by 8.8% during the second quarter. Archer Investment Corp now owns 1,850 shares of the company’s stock worth $142,000 after buying an additional 150 shares in the last quarter. True Wealth Design LLC boosted its position in US Foods by 12.2% in the third quarter. True Wealth Design LLC now owns 1,402 shares of the company’s stock worth $107,000 after purchasing an additional 152 shares during the last quarter. SageView Advisory Group LLC boosted its position in US Foods by 3.9% in the first quarter. SageView Advisory Group LLC now owns 4,096 shares of the company’s stock worth $268,000 after purchasing an additional 153 shares during the last quarter. Finally, Kesler Norman & Wride LLC boosted its position in US Foods by 1.3% in the first quarter. Kesler Norman & Wride LLC now owns 12,555 shares of the company’s stock worth $822,000 after purchasing an additional 160 shares during the last quarter. Institutional investors and hedge funds 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.