Analysts Set US Foods Holding Corp. (NYSE:USFD) Price Target at $70.33

Shares of US Foods Holding Corp. (NYSE:USFD) have received an average recommendation of “Buy” from the twelve analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $71.09.

USFD has been the subject of several analyst reports. Truist Financial raised their price target on shares of US Foods from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Piper Sandler raised their price target on shares of US Foods from $75.00 to $77.00 and gave the stock an “overweight” rating in a report on Tuesday, February 18th. Barclays raised their price target on shares of US Foods from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Finally, Jefferies Financial Group lifted their price objective on shares of US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a research note on Monday, December 16th.

Insider Transactions at US Foods

In other news, Director David W. Bullock acquired 4,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were acquired at an average cost of $71.06 per share, for a total transaction of $284,240.00. Following the purchase, the director now owns 4,500 shares of the company’s stock, valued at approximately $319,770. The trade was a 800.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. California State Teachers Retirement System raised its stake in US Foods by 0.5% in the fourth quarter. California State Teachers Retirement System now owns 224,339 shares of the company’s stock valued at $15,134,000 after purchasing an additional 1,171 shares in the last quarter. 111 Capital bought a new stake in US Foods during the fourth quarter valued at approximately $628,000. Wealth Enhancement Advisory Services LLC lifted its position in US Foods by 183.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 27,894 shares of the company’s stock valued at $1,882,000 after purchasing an additional 18,057 shares during the last quarter. Brooklyn FI LLC bought a new stake in US Foods during the fourth quarter valued at approximately $445,000. Finally, Focus Partners Advisor Solutions LLC bought a new stake in US Foods during the fourth quarter valued at approximately $232,000. 98.76% of the stock is owned by institutional investors.

US Foods Trading Down 1.6 %

USFD opened at $64.93 on Friday. The company’s 50 day moving average is $69.07 and its 200-day moving average is $66.12. US Foods has a 1-year low of $49.65 and a 1-year high of $73.19. The company has a current ratio of 1.21, a quick ratio of 0.71 and a debt-to-equity ratio of 1.06. The company has a market cap of $14.96 billion, a P/E ratio of 32.15, a PEG ratio of 1.03 and a beta of 1.65.

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