The stock of US Foods Holding Corp (NYSE:USFD) last traded at $60.16, down -4.23% from the previous session.
USFD stock price is now 6.14% away from the 50-day moving average and 15.61% away from the 200-day moving average. The market capitalization of the company currently stands at $14.71B.
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With the price target enhanced from $47 to $64, UBS Upgraded its rating from Neutral to Buy for US Foods Holding Corp (NYSE: USFD). On February 20, 2024, Piper Sandler Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $45 to quote $59, while ‘Deutsche Bank’ rates the stock as ‘Buy’
In other news, Locascio Dirk J., EVP, Chief Financial Officer sold 10,000 shares of the company’s stock on Sep 12 ’24. The stock was sold for $579,500 at an average price of $57.95. Upon completion of the transaction, the EVP, Chief Financial Officer now directly owns 88,563 shares in the company, valued at $5.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12 ’24, Officer Locascio Dirk J. bought 10,000 shares of the business’s stock. A total of $579,500 was incurred on buying the stock at an average price of $57.95. A total of 0.66% of the company’s stock is owned by insiders.
During the past 12 months, US Foods Holding Corp has had a low of $35.66 and a high of $62.94. As of last week, the company has a debt-to-equity ratio of 0.98, a current ratio of 1.29, and a quick ratio of 0.81. According to the stock market information, the enterprise value for the company is $19206637568, which is based on a 28.61 price-to-earnings ratio, a 1.40 price-to-earnings-growth ratio, and a beta of 1.66. The fifty day moving average price for USFD is $56.8238 and a two-hundred day moving average price translates $52.11215 for the stock.
The latest earnings results from US Foods Holding Corp (NYSE: USFD) was released for 2024-06-29. The net profit margin was 1.42% and return on equity was 10.86% for USFD. The company reported revenue of $9.71 billion for the quarter, compared to $9.01 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.72 percent.
