US Foods (NYSE:USFD) Hits New 1-Year High – Here’s What Happened

US Foods Holding Corp. (NYSE:USFD)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $110.63 and last traded at $110.5410, with a volume of 1983088 shares trading hands. The stock had previously closed at $108.63.

Analyst Upgrades and Downgrades

USFD has been the topic of several recent analyst reports. JPMorgan Chase & Co. cut 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. Guggenheim lifted their target price on shares of US Foods from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday. Piper Sandler cut their price target on shares of US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. BMO Capital Markets restated an “outperform” rating and issued a $120.00 price target on shares of US Foods in a research report on Friday. Finally, BTIG Research raised their price objective on shares of US Foods from $105.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, US Foods has a consensus rating of “Moderate Buy” and an average target price of $112.38.

US Foods Trading Up 1.8%

The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.70 and a current ratio of 1.14. The company has a 50 day simple moving average of $97.57 and a two-hundred day simple moving average of $92.35. The company has a market cap of $23.91 billion, a PE ratio of 34.01, a PEG ratio of 1.40 and a beta of 0.81.

US Foods (NYSE:USFD) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.08. The business had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.46 billion. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The firm’s revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Sell-side analysts forecast that US Foods Holding Corp. will post 4.35 EPS for the current year.

Insider Activity

In other news, insider William Spencer Hancock sold 21,754 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $108.29, for a total transaction of $2,355,740.66. Following the transaction, the insider directly owned 101,144 shares in the company, valued at $10,952,883.76. The trade was a 17.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.74% of the stock is owned by company insiders.

Institutional Trading of US Foods

A number of institutional investors have recently bought and sold shares of USFD. Measured Wealth Private Client Group LLC purchased a new stake in shares of US Foods during the 3rd quarter worth about $26,000. Keating Financial Advisory Services Inc. bought a new stake in shares of US Foods in the 2nd quarter valued at approximately $27,000. Steph & Co. bought a new stake in shares of US Foods in the 4th quarter valued at approximately $34,000. Nalls Sherbakoff Group LLC acquired a new position in US Foods in the fourth quarter worth approximately $36,000. Finally, Geneos Wealth Management Inc. increased its holdings in US Foods by 120.1% in the second quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock worth $37,000 after buying an additional 263 shares during the last quarter. 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.