US Foods Holding Corp. (NYSE:USFD) Receives $70.17 Consensus Target Price from Analysts

US Foods Holding Corp. (NYSE:USFD) has earned an average rating of “Buy” from the thirteen brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $70.33.

USFD has been the topic of a number of analyst reports. Truist Financial upped their target price 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. Melius started coverage on US Foods in a research note on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price on the stock. Melius Research upgraded US Foods to a “strong-buy” rating in a research note on Wednesday, December 18th. Morgan Stanley increased their target price on shares of US Foods from $76.00 to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. raised their price target on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a report on Friday, November 8th.

Insiders Place Their Bets

In other US Foods news, Director David W. Bullock bought 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of $71.06 per share, with a total value of $284,240.00. Following the completion of the acquisition, the director now owns 4,500 shares in the company, valued at $319,770. This trade represents a 800.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On US Foods

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

US Foods Stock Down 2.1 %

US Foods stock opened at $70.13 on Monday. The company has a quick ratio of 0.71, a current ratio of 1.21 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $16.16 billion, a PE ratio of 34.72, a PEG ratio of 1.03 and a beta of 1.67. The firm’s fifty day moving average is $69.17 and its 200 day moving average is $64.84. US Foods has a 12-month low of $49.65 and a 12-month high of $73.19.

US Foods (NYSE:USFD) last released 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). 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 the consensus estimate of $9.47 billion. As a group, sell-side analysts predict that US Foods will post 3.59 EPS 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.