US Foods Holding Corp. (NYSE:USFD) Given Average Recommendation of “Buy” by Brokerages

US Foods Holding Corp. (NYSE:USFD) has been given an average rating of “Buy” by the thirteen research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $70.33.

USFD has been the subject of several recent research reports. Truist Financial lifted their target price on shares of US Foods from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, February 14th. Barclays lifted their price objective on shares of US Foods from $82.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Melius initiated coverage on shares of US Foods in a research note on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price on the stock. Piper Sandler raised their target price on US Foods from $75.00 to $77.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Morgan Stanley upped their price target on US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st.

Insiders Place Their Bets

In other news, Director David W. Bullock acquired 4,000 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were bought at an average price of $71.06 per share, for a total transaction of $284,240.00. Following the acquisition, the director now owns 4,500 shares of the company’s stock, valued at approximately $319,770. This trade represents a 800.00 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On US Foods

Hedge funds have recently modified their holdings of the business. Colonial Trust Co SC acquired a new position in US Foods during the fourth quarter worth about $25,000. GeoWealth Management LLC lifted its stake in US Foods by 94.5% in the 4th quarter. GeoWealth Management LLC now owns 389 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of US Foods during the 3rd quarter worth approximately $31,000. EverSource Wealth Advisors LLC boosted its holdings in shares of US Foods by 59.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $32,000 after purchasing an additional 178 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of US Foods in the fourth quarter valued at approximately $32,000. 98.76% of the stock is currently owned by institutional investors and hedge funds.

US Foods Price Performance

Shares of USFD opened at $70.13 on Monday. The business’s 50-day moving average is $69.17 and its two-hundred day moving average is $64.65. The company has a market capitalization of $16.16 billion, a P/E ratio of 34.72, a P/E/G ratio of 1.03 and a beta of 1.67. US Foods has a fifty-two week low of $49.65 and a fifty-two week high of $73.19. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21.

US Foods (NYSE:USFD) last posted its earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.01). US Foods had a return on equity of 15.03% and a net margin of 1.30%. The company had revenue of $9.49 billion for the quarter, compared to analyst estimates of $9.47 billion. Research analysts predict that US Foods will post 3.59 earnings per share for the current year.

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.