US Foods Holding Corp. (NYSE:USFD) Receives $54.92 Consensus Target Price from Analysts

US Foods Holding Corp. (NYSE:USFD) has received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $54.92.

USFD has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of US Foods from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 23rd. Morgan Stanley lifted their price target on shares of US Foods from $60.00 to $62.00 and gave the company an “overweight” rating in a research report on Friday, April 12th. BMO Capital Markets lifted their price target on shares of US Foods from $50.00 to $58.00 and gave the company an “outperform” rating in a research report on Friday, February 16th. BTIG Research lifted their price target on shares of US Foods from $52.00 to $62.00 and gave the company a “buy” rating in a research report on Tuesday, March 19th. Finally, JPMorgan Chase & Co. raised their price objective on shares of US Foods from $50.00 to $52.00 and gave the company a “neutral” rating in a research note on Tuesday, March 19th.

US Foods Price Performance

US Foods stock opened at $51.50 on Tuesday. US Foods has a 12-month low of $35.66 and a 12-month high of $54.94. The stock has a market cap of $12.63 billion, a P/E ratio of 25.50, a PEG ratio of 0.86 and a beta of 1.58. The company has a 50-day moving average price of $52.08 and a 200 day moving average price of $46.70. The company has a current ratio of 1.30, a quick ratio of 0.78 and a debt-to-equity ratio of 0.96.

US Foods (NYSE:USFD) last announced its quarterly earnings results on Thursday, February 15th. The company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.04). US Foods had a net margin of 1.42% and a return on equity of 13.41%. The company had revenue of $8.94 billion for the quarter, compared to analyst estimates of $8.81 billion. Sell-side analysts anticipate that US Foods will post 2.9 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP David A. Rickard sold 50,000 shares of US Foods stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $52.52, for a total value of $2,626,000.00. Following the completion of the transaction, the executive vice president now owns 148,561 shares in the company, valued at $7,802,423.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.70% of the stock is owned by insiders.

Institutional Trading of US Foods

Several institutional investors have recently modified their holdings of USFD. Redmont Wealth Advisors LLC purchased a new stake in shares of US Foods during the 1st quarter worth approximately $27,000. Blue Trust Inc. purchased a new stake in shares of US Foods during the 4th quarter worth approximately $30,000. Rise Advisors LLC purchased a new stake in shares of US Foods during the 1st quarter worth approximately $30,000. GAMMA Investing LLC purchased a new stake in shares of US Foods during the 4th quarter worth approximately $41,000. Finally, Fifth Third Bancorp lifted its position in shares of US Foods by 36.1% during the 3rd quarter. Fifth Third Bancorp now owns 1,191 shares of the company’s stock worth $47,000 after buying an additional 316 shares during the last quarter. Hedge funds and other institutional investors own 98.76% of the company’s stock.

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.