US Foods (NYSE:USFD) Lowered to “Hold” Rating by Zacks Research

Zacks Research lowered shares of US Foods (NYSE:USFD) from a strong-buy rating to a hold rating in a report issued on Monday,Zacks.com reports.

Other analysts have also recently issued reports about the company. Weiss Ratings reiterated a “buy (b)” rating on shares of US Foods in a research report on Monday, December 29th. Wall Street Zen upgraded US Foods from a “hold” rating to a “buy” rating in a research report on Saturday, April 4th. Deutsche Bank Aktiengesellschaft set a $111.00 price target on US Foods and gave the stock a “buy” rating in a research report on Friday, February 13th. Guggenheim boosted their price target on US Foods from $95.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Finally, BMO Capital Markets boosted their price target on US Foods from $95.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $107.33.

US Foods Stock Performance

Shares of USFD remained flat at $91.70 during trading hours on Monday. The company had a trading volume of 275,747 shares, compared to its average volume of 2,728,322. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.68 and a current ratio of 1.16. US Foods has a 52-week low of $63.40 and a 52-week high of $102.13. The firm has a market capitalization of $20.20 billion, a P/E ratio of 31.18, a price-to-earnings-growth ratio of 1.14 and a beta of 0.98. The stock has a 50-day moving average price of $92.84 and a 200-day moving average price of $82.85.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, February 12th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. US Foods had a return on equity of 18.74% and a net margin of 1.71%.The firm had revenue of $9.80 billion during the quarter, compared to analysts’ expectations of $9.90 billion. During the same period in the previous year, the business earned $0.84 earnings per share. The firm’s revenue for the quarter was up 3.3% on a year-over-year basis. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, research analysts expect that US Foods will post 4.53 earnings per share for the current year.

Insiders Place Their Bets

In other US Foods news, insider James David Works, Jr. sold 65,737 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $96.52, for a total transaction of $6,344,935.24. Following the transaction, the insider owned 88,176 shares of the company’s stock, valued at approximately $8,510,747.52. The trade was a 42.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.74% of the company’s stock.

Hedge Funds Weigh In On US Foods

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC lifted its stake in shares of US Foods by 323.5% in the 3rd quarter. SG Americas Securities LLC now owns 38,515 shares of the company’s stock valued at $2,951,000 after purchasing an additional 29,420 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of US Foods in the 3rd quarter valued at $40,375,000. Nordea Investment Management AB acquired a new position in shares of US Foods in the 4th quarter valued at $4,834,000. CENTRAL TRUST Co lifted its stake in shares of US Foods by 30,283.3% in the 3rd quarter. CENTRAL TRUST Co now owns 5,469 shares of the company’s stock valued at $419,000 after purchasing an additional 5,451 shares during the last quarter. Finally, TD Asset Management Inc acquired a new position in shares of US Foods in the 3rd quarter valued at $1,477,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Company Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.