US Foods (NYSE:USFD) Given New $90.00 Price Target at JPMorgan Chase & Co.

US Foods (NYSE:USFD) had its price target reduced by analysts at JPMorgan Chase & Co. from $98.00 to $90.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 6.17% from the company’s previous close.

A number of other brokerages have also weighed in on USFD. Citigroup cut their target price on shares of US Foods from $115.00 to $111.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. UBS Group reissued a “buy” rating and set a $117.00 price objective on shares of US Foods in a report on Friday, February 13th. Wells Fargo & Company raised their price objective on US Foods from $87.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Zacks Research downgraded US Foods from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Deutsche Bank Aktiengesellschaft set a $111.00 target price on shares of US Foods and gave the stock a “buy” rating in a report on Friday, February 13th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $106.75.

US Foods Price Performance

Shares of US Foods stock traded down $0.39 during trading on Thursday, reaching $84.77. 899,289 shares of the company’s stock were exchanged, compared to its average volume of 2,686,870. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. US Foods has a 1-year low of $69.88 and a 1-year high of $102.13. The company has a market cap of $18.67 billion, a P/E ratio of 28.59, a PEG ratio of 1.03 and a beta of 0.90. The firm’s 50-day moving average price is $90.83 and its 200 day moving average price is $84.19.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). US Foods had a return on equity of 19.37% and a net margin of 1.71%.The business had revenue of $9.61 billion for the quarter, compared to analyst estimates of $9.66 billion. During the same period last year, the firm posted $0.68 EPS. US Foods’s quarterly revenue was up 2.8% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. As a group, research analysts anticipate that US Foods will post 4.51 earnings per share for the current year.

Insider Transactions at US Foods

In other news, insider James David Works, Jr. sold 65,737 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total value of $6,344,935.24. Following the completion of the sale, the insider directly owned 88,176 shares in the company, valued at $8,510,747.52. This trade represents a 42.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.74% of the company’s stock.

Institutional Trading of US Foods

Large investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD raised its holdings in US Foods by 412.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 4,165,611 shares of the company’s stock worth $313,755,000 after buying an additional 3,353,396 shares during the last quarter. Bank of Montreal Can increased its stake in US Foods by 8,056.1% in the 4th quarter. Bank of Montreal Can now owns 2,866,721 shares of the company’s stock valued at $215,921,000 after buying an additional 2,831,573 shares during the last quarter. Norges Bank purchased a new stake in shares of US Foods during the 4th quarter valued at $192,849,000. Wellington Management Group LLP boosted its holdings in shares of US Foods by 14.2% in the 3rd quarter. Wellington Management Group LLP now owns 12,875,970 shares of the company’s stock worth $986,557,000 after buying an additional 1,599,033 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of US Foods by 9,713.4% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,243,456 shares of the company’s stock worth $114,659,000 after buying an additional 1,230,785 shares during the last quarter. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Company Profile

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.