Key Points
- US Foods insider William Spencer Hancock sold 21,754 shares for approximately $2.36 million at an average price of $108.29, reducing his direct holdings by 17.7% to 101,144 shares.
- US Foods exceeded quarterly expectations, reporting $1.44 in EPS versus the $1.36 consensus and $10.53 billion in revenue, up 4.5% year over year.
- Analyst sentiment remains positive, with 11 Buy ratings and four Holds producing a “Moderate Buy” consensus and an average price target of $112.38.
US Foods Holding Corp. (NYSE:USFD - Get Free Report) insider William Spencer Hancock sold 21,754 shares of US Foods stock in a transaction dated 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 sale, 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 sale was disclosed in a filing with the SEC, which is available at the SEC website.
US Foods Price Performance
Shares of NYSE USFD opened at $110.54 on Wednesday. US Foods Holding Corp. has a 1 year low of $69.88 and a 1 year high of $110.63. The stock has a market capitalization of $23.91 billion, a P/E ratio of 34.01, a P/E/G ratio of 1.40 and a beta of 0.81. The company's 50-day moving average is $97.57 and its 200 day moving average is $92.35. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.14 and a quick ratio of 0.70.
US Foods (NYSE:USFD - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.44 EPS for the quarter, topping the consensus estimate 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%. US Foods's quarterly revenue was up 4.5% compared to the same quarter last year. During the same period last year, the business posted $1.19 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, sell-side analysts expect that US Foods Holding Corp. will post 4.35 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. Wells Fargo & Company lifted their price target on US Foods from $110.00 to $125.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Piper Sandler decreased their price objective on US Foods from $103.00 to $88.00 and set a "neutral" rating for the company in a report on Monday, June 1st. UBS Group raised their price objective on US Foods from $117.00 to $127.00 and gave the company a "buy" rating in a research report on Friday. TD Cowen boosted their target price on shares of US Foods from $116.00 to $119.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Finally, Zacks Research raised shares of US Foods from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 28th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $112.38.
Check Out Our Latest Analysis on USFD
Hedge Funds Weigh In On US Foods
Several large investors have recently made changes to their positions in the business. Measured Wealth Private Client Group LLC purchased a new stake in shares of US Foods in the 3rd quarter worth approximately $26,000. Keating Financial Advisory Services Inc. bought a new position in shares of US Foods during the second quarter valued at $27,000. Steph & Co. bought a new position in shares of US Foods during the fourth quarter valued at $34,000. Nalls Sherbakoff Group LLC purchased a new position in shares of US Foods in the 4th quarter worth about $36,000. Finally, Geneos Wealth Management Inc. raised its position in shares of US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company's stock worth $37,000 after purchasing an additional 263 shares during the last quarter. 98.76% of the stock is currently owned by hedge funds and other institutional investors.
About US Foods
(
Get Free Report)
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.
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