Sysco (NYSE:SYY) Issues FY 2025 Earnings Guidance

Sysco (NYSE:SYY) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.570-4.610 for the period, compared to the consensus EPS estimate of 4.600. The company issued revenue guidance of $82.0 billion-$82.8 billion, compared to the consensus revenue estimate of $82.2 billion. Sysco also updated its FY25 guidance to $4.57-4.61 EPS.

Sysco Stock Performance

Shares of Sysco stock traded up $0.68 on Thursday, reaching $74.93. The stock had a trading volume of 3,573,962 shares, compared to its average volume of 3,173,229. The business’s 50-day moving average price is $76.28 and its two-hundred day moving average price is $74.74. The company has a debt-to-equity ratio of 6.19, a quick ratio of 0.69 and a current ratio of 1.20. Sysco has a fifty-two week low of $64.28 and a fifty-two week high of $82.89. The stock has a market cap of $36.81 billion, a P/E ratio of 19.34, a price-to-earnings-growth ratio of 1.93 and a beta of 1.20.

Sysco (NYSE:SYY) last issued its quarterly earnings data on Tuesday, October 29th. The company reported $1.09 earnings per share for the quarter, missing analysts’ consensus estimates of $1.13 by ($0.04). Sysco had a return on equity of 102.09% and a net margin of 2.48%. The firm had revenue of $20.48 billion during the quarter, compared to analyst estimates of $20.47 billion. During the same quarter in the previous year, the firm posted $1.07 earnings per share. Sysco’s quarterly revenue was up 4.4% compared to the same quarter last year. On average, sell-side analysts forecast that Sysco will post 4.6 EPS for the current year.

Sysco Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 25th. Investors of record on Friday, October 4th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date was Friday, October 4th. Sysco’s dividend payout ratio (DPR) is currently 52.44%.

Analyst Upgrades and Downgrades

SYY has been the topic of a number of research reports. Bank of America dropped their target price on shares of Sysco from $91.00 to $87.00 and set a “buy” rating on the stock in a research report on Thursday, July 18th. Wells Fargo & Company dropped their target price on shares of Sysco from $87.00 to $82.00 and set an “overweight” rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. boosted their price target on shares of Sysco from $85.00 to $88.00 and gave the company an “overweight” rating in a report on Monday, September 16th. Jefferies Financial Group boosted their price target on shares of Sysco from $91.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, September 25th. Finally, StockNews.com downgraded shares of Sysco from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 21st. Two analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $85.77.

About Sysco

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments.