Citigroup Issues Positive Forecast for US Foods (NYSE:USFD) Stock Price

US Foods (NYSE:USFD) had its price target lifted by Citigroup from $110.00 to $124.00 in a report published on Friday morning,Benzinga reports. Citigroup currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Wells Fargo & Company boosted their price target on shares of US Foods from $110.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday. TD Cowen lifted their price objective on shares of US Foods from $116.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday. Guggenheim upped their target price on US Foods from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Friday. BTIG Research raised their price target on shares of US Foods from $105.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Piper Sandler lowered their price objective on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a research note on Monday, June 1st. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $112.38.

US Foods Price Performance

NYSE USFD opened at $108.98 on Friday. The business has a 50 day simple moving average of $96.42 and a 200 day simple moving average of $91.94. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14. US Foods has a 52-week low of $69.88 and a 52-week high of $110.08. The stock has a market cap of $24.00 billion, a price-to-earnings ratio of 33.53, a PEG ratio of 1.37 and a beta of 0.81.

US Foods (NYSE:USFD) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.44 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The business had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. During the same period last year, the business posted $1.19 earnings per share. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts anticipate that US Foods will post 4.35 earnings per share for the current fiscal year.

Institutional Investors Weigh In On US Foods

A number of institutional investors have recently added to or reduced their stakes in USFD. Royal Bank of Canada grew its position in shares of US Foods by 85.8% in the 1st quarter. Royal Bank of Canada now owns 148,512 shares of the company’s stock valued at $9,722,000 after buying an additional 68,567 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of US Foods in the 1st quarter valued at about $359,000. Sivia Capital Partners LLC acquired a new stake in US Foods in the second quarter valued at approximately $526,000. Brown Advisory Inc. bought a new stake in US Foods during the 2nd quarter valued at $252,000. Finally, Cerity Partners LLC increased its position in shares of US Foods by 20.5% during the second quarter. Cerity Partners LLC now owns 47,977 shares of the company’s stock worth $3,695,000 after acquiring an additional 8,162 shares in the last quarter. 98.76% of the stock is owned by institutional investors.

US Foods News Summary

Here are the key news stories impacting US Foods this week:

• Positive Sentiment: Solid Q2 earnings: US Foods reported adjusted EPS of $1.44, exceeding the $1.36 consensus estimate, while revenue reached $10.53 billion versus expectations of $10.46 billion. Revenue increased 4.5% year over year, and adjusted EBITDA rose 10.2% to a record $604 million. US Foods earnings report
• Positive Sentiment: Growth and guidance reaffirmed: Independent restaurant case volume accelerated 5.1%, total case volume increased 1.9%, and net income rose 22.8% to $275 million. Management reaffirmed fiscal 2026 targets, including 4%–6% sales growth, 9%–13% adjusted EBITDA growth and 18%–24% adjusted EPS growth. The company also repurchased $374 million of stock during the quarter. US Foods Q2 results and outlook
• Positive Sentiment: Analyst optimism increased: Citigroup raised its price target from $110 to $124 and initiated a “buy” rating. Wells Fargo lifted its target from $110 to $125 with an “overweight” rating, while BTIG increased its target from $105 to $120 and reiterated “buy.” These targets imply additional upside and reinforce the positive reaction to the earnings report. Analyst price-target revisions
• Neutral Sentiment: Valuation remains a consideration: Despite a reported 206% five-year return, one analysis cautioned that US Foods stock may now look expensive, potentially limiting further gains unless earnings continue to grow rapidly. US Foods valuation analysis
• Negative Sentiment: Insider selling: Company insiders have reported three open-market sales and no purchases over the past six months, including sales by the chief financial officer. While not necessarily a fundamental concern, the activity is a potential sentiment headwind.

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.