US Foods (NYSE:USFD) Sets New 12-Month High – Should You Buy?

US Foods Holding Corp. (NYSE:USFD)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $102.50 and last traded at $102.0570, with a volume of 3509423 shares changing hands. The stock had previously closed at $98.31.

Wall Street Analysts Forecast Growth

Several research firms recently commented on USFD. Wall Street Zen downgraded shares of US Foods from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings cut US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Zacks Research lowered US Foods from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. dropped their price objective on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a report on Thursday, May 14th. Finally, Piper Sandler reduced their target price on US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a report on Monday, June 1st. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $105.50.

US Foods Stock Performance

The firm has a market capitalization of $22.48 billion, a PE ratio of 34.36, a PEG ratio of 1.25 and a beta of 0.84. The company has a quick ratio of 0.70, a current ratio of 1.14 and a debt-to-equity ratio of 1.16. The company has a 50-day moving average of $88.14 and a 200 day moving average of $87.10.

US Foods (NYSE:USFD) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The company had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.US Foods’s quarterly revenue was up 2.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.68 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities research analysts predict that US Foods Holding Corp. will post 4.34 EPS for the current year.

Hedge Funds Weigh In On US Foods

A number of large investors have recently modified their holdings of USFD. CIBC Bancorp USA Inc. purchased a new stake in shares of US Foods in the 3rd quarter valued at $40,375,000. Nordea Investment Management AB bought a new stake in US Foods in the fourth quarter worth $4,834,000. DNB Asset Management AS lifted its stake in US Foods by 42.1% in the third quarter. DNB Asset Management AS now owns 24,410 shares of the company’s stock worth $1,870,000 after purchasing an additional 7,233 shares during the last quarter. TD Asset Management Inc purchased a new stake in US Foods during the third quarter valued at about $1,477,000. Finally, Handelsbanken Fonder AB boosted its position in US Foods by 32.0% during the third quarter. Handelsbanken Fonder AB now owns 69,241 shares of the company’s stock valued at $5,305,000 after buying an additional 16,800 shares during the period. 98.76% of the stock is owned by hedge funds and other institutional investors.

About US Foods

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.