US Foods Holding Corp. (NYSE:USFD – Get Free Report) has been assigned an average recommendation of “Buy” from the thirteen ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, ten have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $81.2727.
Several research analysts have commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of US Foods in a report on Saturday, September 27th. Wall Street Zen raised shares of US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, September 5th. Guggenheim raised their price target on shares of US Foods from $80.00 to $88.00 and gave the company a “buy” rating in a report on Monday, August 11th. Morgan Stanley reissued an “overweight” rating and issued a $89.00 price target (up from $84.00) on shares of US Foods in a report on Monday, July 14th. Finally, UBS Group lifted their price target on US Foods from $84.00 to $96.00 and gave the company a “buy” rating in a research report on Monday, July 28th.
Read Our Latest Analysis on USFD
US Foods Trading Up 0.8%
US Foods (NYSE:USFD – Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. US Foods had a net margin of 1.43% and a return on equity of 16.86%. The business had revenue of $10.08 billion for the quarter, compared to analysts’ expectations of $10.17 billion. During the same quarter in the previous year, the firm posted $0.93 EPS. The business’s revenue for the quarter was up 3.8% compared to the same quarter last year. US Foods has set its FY 2025 guidance at 3.764-3.874 EPS. As a group, analysts anticipate that US Foods will post 3.59 earnings per share for the current year.
Insider Activity at US Foods
In other news, EVP Dirk J. Locascio sold 7,500 shares of the stock in a transaction on 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 owned 115,077 shares of the company’s stock, valued at $9,206,160. This represents a 6.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is owned by insiders.
Institutional Investors Weigh In On US Foods
A number of institutional investors have recently made changes to their positions in USFD. Wealth Enhancement Advisory Services LLC raised its holdings in US Foods by 183.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 27,894 shares of the company’s stock valued at $1,882,000 after buying an additional 18,057 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in shares of US Foods by 16.8% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,724 shares of the company’s stock valued at $113,000 after acquiring an additional 248 shares during the period. GAMMA Investing LLC raised its stake in shares of US Foods by 7,496.0% during the first quarter. GAMMA Investing LLC now owns 226,361 shares of the company’s stock valued at $14,818,000 after acquiring an additional 223,381 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of US Foods by 35.1% during the first quarter. Parallel Advisors LLC now owns 1,718 shares of the company’s stock valued at $112,000 after acquiring an additional 446 shares during the last quarter. Finally, Rhumbline Advisers raised its stake in shares of US Foods by 0.8% during the first quarter. Rhumbline Advisers now owns 759,441 shares of the company’s stock valued at $49,713,000 after acquiring an additional 5,737 shares during the last quarter. Hedge funds and other institutional investors 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.
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