US Foods Holding Corp (USFD)
US Foods (USFD) is an Incredible Growth Stock: 3 Reasons Why
US Foods (USFD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
All You Need to Know About US Foods (USFD) Rating Upgrade to Buy
US Foods (USFD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Are Investors Undervaluing US Foods (USFD) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
US Foods (USFD) Shows Fast-paced Momentum But Is Still a Bargain Stock
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, US Foods (USFD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Is the Options Market Predicting a Spike in US Foods (USFD) Stock?
Investors need to pay close attention to US Foods (USFD) stock based on the movements in the options market lately.
U.S. Foods Holding Corp (USFD) Q3 2024 Earnings Call Transcript
U.S. Foods Holding Corp (NYSE:USFD ) Q3 2024 Earnings Call Transcript November 7, 2024 9:00 AM ET Company Participants Mike Neese - Senior Vice President, Investor Relations Dave Flitman - Chief Executive Officer Dirk Locascio - Executive Vice President and Chief Financial Office Conference Call Participants Brian Harbour - Morgan Stanley Lauren Silberman - Deutsche Bank John Heinbockel - Guggenheim Securities Kelly Bania - BMO Capital Markets Mark Carden - UBS Jeffrey Bernstein - Barclays Edward Kelly - Wells Fargo Jake Bartlett - Truist Securities Peter Saleh - BTIG Andrew Wolf - CL King & Associates John Ivankoe - JP Morgan Operator Thank you for standing by. My name is Roschelle, and I will be your conference operator today.
US Foods (USFD) Surpasses Q3 Earnings and Revenue Estimates
US Foods (USFD) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.70 per share a year ago.
US Foods Holding: Still Appetizing At Current Levels
US Foods Holding has shown strong growth in revenue and earnings, with shares up 36.6% since a bullish article was written about it in October 2023. Recent financial results for the second quarter of the 2024 fiscal year exceeded expectations, with revenue up 7.7% and earnings per share at $0.80. Management forecasts continued growth in revenue, earnings, and cash flow for the company, with plans for acquisitions and growth initiatives between 2025 and 2027.
US Foods (USFD) Misses Q2 Earnings Estimates
US Foods (USFD) came out with quarterly earnings of $0.93 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.79 per share a year ago.
US Foods (USFD) Earnings Expected to Grow: Should You Buy?
US Foods (USFD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Panagora Asset Management Inc. Buys 21,305 Shares of US Foods Holding Corp. (NYSE:USFD)
Panagora Asset Management Inc. grew its holdings in US Foods Holding Corp. (NYSE:USFD – Free Report) by 37.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 77,840 shares of the company’s stock after buying an additional 21,305 shares during the quarter. Panagora Asset Management Inc.’s holdings in US Foods were worth $3,535,000 at the end of the most recent quarter. Other large investors have also recently made changes to their positions in the company. Blue Trust Inc. bought a new position in US Foods in the 4th quarter worth about $30,000. GAMMA Investing LLC purchased a new position in shares of US Foods in the fourth quarter worth $41,000. Anchor Investment Management LLC bought a new position in shares of US Foods during the fourth quarter valued at $47,000. Fifth Third Bancorp boosted its position in shares of US Foods by 36.1% during the third quarter. Fifth Third Bancorp now owns 1,191 shares of the company’s stock valued at $47,000 after buying an additional 316 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of US Foods during the third quarter valued at $61,000. 98.76% of the stock is currently owned by institutional investors. US Foods Trading Up 0.4 % Shares of USFD stock opened at $55.16 on Monday. The company has a market cap of $13.56 billion, a PE ratio of 27.17, a price-to-earnings-growth ratio of 0.95 and a beta of 1.58. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.31 and a quick ratio of 0.81. The stock’s 50 day simple moving average is $52.55 and its two-hundred day simple moving average is $48.25. US Foods Holding Corp. has a 1 year low of $35.66 and a 1 year high of $55.98. US Foods (NYSE:USFD – Get Free Report) last issued its quarterly earnings results on Thursday, February 15th. The company reported $0.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.04). US Foods had a return on equity of 13.08% and a net margin of 1.41%. The company had revenue of $8.94 billion during the quarter, compared to the consensus estimate of $8.81 billion. Research analysts predict that US Foods Holding Corp. will post 2.92 earnings per share for the current year. Wall Street Analysts Forecast Growth A number of analysts have recently issued reports on USFD shares. BTIG Research raised their price target on shares of US Foods from $52.00 to $62.00 and gave the company a “buy” rating in a report on Tuesday, March 19th. UBS Group lifted their target price on shares of US Foods from $64.00 to $67.00 and gave the stock a “buy” rating in a research report on Friday, May 10th. BMO Capital Markets reissued an “outperform” rating and set a $62.00 price target (up from $58.00) on shares of US Foods in a report on Friday, May 10th. Piper Sandler raised US Foods from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $45.00 to $59.00 in a report on Tuesday, February 20th. Finally, StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a report on Friday, February 23rd. One investment analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, US Foods currently has an average rating of “Buy” and a consensus price target of $60.56. View Our Latest Research Report on US Foods Insider Activity at US Foods In other news, EVP David A. Rickard sold 50,000 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $52.52, for a total value of $2,626,000.00. Following the sale, the executive vice president now directly owns 148,561 shares in the company, valued at $7,802,423.72. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.70% of the stock is currently owned by insiders. US Foods Company Profile (Free Report) 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.
National Bank of Canada FI Cuts Holdings in US Foods Holding Corp. (NYSE:USFD)
National Bank of Canada FI lowered its stake in shares of US Foods Holding Corp. (NYSE:USFD – Free Report) by 99.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 956 shares of the company’s stock after selling 90,544 shares during the period. National Bank of Canada FI’s holdings in US Foods were worth $44,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds and other institutional investors have also bought and sold shares of the company. Victory Capital Management Inc. lifted its position in US Foods by 98.2% during the fourth quarter. Victory Capital Management Inc. now owns 9,220,688 shares of the company’s stock valued at $418,711,000 after acquiring an additional 4,569,002 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new stake in shares of US Foods in the 3rd quarter worth $53,581,000. Thompson Siegel & Walmsley LLC grew its stake in US Foods by 273.1% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 1,007,387 shares of the company’s stock worth $39,994,000 after buying an additional 737,381 shares during the last quarter. Cookson Peirce & Co. Inc. acquired a new position in US Foods during the 4th quarter valued at about $18,555,000. Finally, South Street Advisors LLC purchased a new stake in US Foods in the third quarter valued at about $12,494,000. Institutional investors own 98.76% of the company’s stock. Insider Buying and Selling In other US Foods news, EVP David A. Rickard sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $52.52, for a total value of $2,626,000.00. Following the transaction, the executive vice president now owns 148,561 shares in the company, valued at approximately $7,802,423.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.70% of the company’s stock. US Foods Price Performance Shares of NYSE USFD opened at $55.16 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.31 and a quick ratio of 0.81. The firm’s 50 day simple moving average is $52.55 and its 200-day simple moving average is $48.25. US Foods Holding Corp. has a 12 month low of $35.66 and a 12 month high of $55.98. The stock has a market capitalization of $13.56 billion, a price-to-earnings ratio of 27.17, a PEG ratio of 0.95 and a beta of 1.58. US Foods (NYSE:USFD – Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.04). US Foods had a return on equity of 13.08% and a net margin of 1.41%. The business had revenue of $8.94 billion during the quarter, compared to analyst estimates of $8.81 billion. Analysts expect that US Foods Holding Corp. will post 2.92 EPS for the current year. Analysts Set New Price Targets A number of brokerages have recently weighed in on USFD. Truist Financial boosted their price target on US Foods from $57.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. JPMorgan Chase & Co. raised their price target on shares of US Foods from $50.00 to $52.00 and gave the stock a “neutral” rating in a report on Tuesday, March 19th. BMO Capital Markets reissued an “outperform” rating and set a $62.00 price objective (up from $58.00) on shares of US Foods in a report on Friday, May 10th. Barclays raised their target price on US Foods from $60.00 to $64.00 and gave the stock an “overweight” rating in a research note on Friday, May 10th. Finally, BTIG Research boosted their price target on US Foods from $52.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, March 19th. One equities research analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, US Foods has an average rating of “Buy” and a consensus price target of $60.56. View Our Latest Research Report on USFD US Foods Company Profile (Free Report) 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.
