Sysco (NYSE:SYY) Releases FY 2027 Earnings Guidance

Sysco (NYSE:SYY) updated its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 5.025-5.117 for the period, compared to the consensus estimate of 4.960. The company issued revenue guidance of $89.6 billion-$90.5 billion, compared to the consensus revenue estimate of $88.7 billion.

Sysco Price Performance

SYY opened at $84.83 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.33 and a debt-to-equity ratio of 5.58. Sysco has a 12 month low of $68.19 and a 12 month high of $91.85. The company has a fifty day simple moving average of $80.63 and a 200 day simple moving average of $80.24. The stock has a market cap of $40.61 billion, a P/E ratio of 23.50, a P/E/G ratio of 3.36 and a beta of 0.64.

Sysco (NYSE:SYY) last posted its earnings results on Tuesday, August 4th. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.02. Sysco had a return on equity of 103.57% and a net margin of 2.08%.The firm had revenue of $22.12 billion for the quarter, compared to analyst estimates of $21.95 billion. During the same period in the previous year, the company posted $1.48 earnings per share. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Sysco has set its FY 2027 guidance at 5.025-5.117 EPS. On average, research analysts expect that Sysco will post 4.59 EPS for the current year.

Analyst Ratings Changes

SYY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft cut Sysco from a “buy” rating to a “hold” rating and set a $84.00 price objective on the stock. in a report on Tuesday, April 28th. Barclays reduced their price target on shares of Sysco from $92.00 to $86.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Morgan Stanley raised their price objective on shares of Sysco from $84.00 to $88.00 and gave the stock an “equal weight” rating in a report on Thursday, July 16th. Sanford C. Bernstein reduced their target price on shares of Sysco from $90.00 to $85.00 and set a “market perform” rating for the company in a research note on Wednesday, April 29th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Sysco in a report on Friday, June 26th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $88.00.

Insider Transactions at Sysco

In other Sysco news, Director John M. Hinshaw purchased 13,304 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were purchased at an average cost of $75.17 per share, with a total value of $1,000,061.68. Following the transaction, the director directly owned 40,200 shares of the company’s stock, valued at $3,021,834. This represents a 49.46% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.56% of the company’s stock.

Trending Headlines about Sysco

Here are the key news stories impacting Sysco this week:

• Positive Sentiment: Fourth-quarter results exceeded expectations. Sales rose 4.7% to $22.12 billion, ahead of the $21.95 billion consensus estimate, while adjusted EPS increased 3.4% to $1.53 versus estimates of $1.51. Reuters article
• Positive Sentiment: Profitability improved. Fourth-quarter operating income climbed 10.6% to $983 million, net earnings rose 3.8% to $551 million, and adjusted EBITDA increased 4.7% to $1.3 billion. U.S. case volume grew 2.5%, indicating continued demand from foodservice customers.
• Positive Sentiment: Management provided bullish fiscal 2027 guidance. Sysco expects sales growth of 6% to 7% and adjusted EPS growth of 9% to 11% on a 53-week basis. The outlook includes approximately $100 million in cost reductions from AI-enabled inventory management, routing optimization, coding efficiency, and back-office automation. Sysco fiscal 2026 results and fiscal 2027 guidance
• Positive Sentiment: International operations remained a growth driver. International Foodservice sales increased 6.7% and adjusted operating income advanced 15.7%, while Sysco generated $2.1 billion in free cash flow and returned $1.2 billion to shareholders through dividends and repurchases.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SYY. Intech Investment Management LLC grew its stake in shares of Sysco by 53.1% in the first quarter. Intech Investment Management LLC now owns 22,310 shares of the company’s stock valued at $1,674,000 after buying an additional 7,742 shares in the last quarter. Schnieders Capital Management LLC. raised its position in Sysco by 24.1% during the second quarter. Schnieders Capital Management LLC. now owns 10,310 shares of the company’s stock worth $781,000 after acquiring an additional 2,000 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Sysco by 62.4% in the second quarter. NewEdge Advisors LLC now owns 35,447 shares of the company’s stock valued at $2,685,000 after acquiring an additional 13,616 shares during the last quarter. Sei Investments Co. lifted its stake in Sysco by 14.2% in the second quarter. Sei Investments Co. now owns 344,504 shares of the company’s stock valued at $26,092,000 after acquiring an additional 42,903 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in shares of Sysco by 0.8% in the 2nd quarter. Treasurer of the State of North Carolina now owns 226,648 shares of the company’s stock valued at $17,166,000 after acquiring an additional 1,710 shares during the period. 83.41% of the stock is currently owned by institutional investors.

Sysco Company Profile

Sysco Corporation (NYSE: SYY) is a global foodservice distribution company that supplies a broad range of food and related products to restaurants, healthcare and educational facilities, lodging establishments, and other foodservice customers. Its core business is the procurement, warehousing and delivery of fresh, frozen and dry food products, complemented by non-food items such as paper goods, kitchen equipment, cleaning supplies and tabletop products. Sysco serves customers through an extensive network of distribution centers and dedicated delivery fleets, positioning itself as a one-stop supplier for operators of all sizes.

Founded in 1969 and headquartered in Houston, Texas, Sysco has grown through both organic expansion and acquisitions.