Citigroup Lowers US Foods (NYSE:USFD) Price Target to $111.00

US Foods (NYSE:USFDGet Free Report) had its price objective decreased by stock analysts at Citigroup from $115.00 to $111.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price target would suggest a potential upside of 31.46% from the stock’s previous close.

Several other equities analysts have also commented on USFD. Piper Sandler lowered US Foods from an “overweight” rating to a “neutral” rating and increased their price objective for the company from $85.00 to $103.00 in a research report on Friday, February 13th. BTIG Research increased their price objective on US Foods from $82.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Deutsche Bank Aktiengesellschaft set a $111.00 price objective on US Foods and gave the company a “buy” rating in a research report on Friday, February 13th. BMO Capital Markets increased their price objective on US Foods from $95.00 to $115.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, Weiss Ratings lowered US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.75.

View Our Latest Stock Report on US Foods

US Foods Price Performance

NYSE USFD traded down $2.44 during trading on Friday, reaching $84.44. The company’s stock had a trading volume of 3,339,598 shares, compared to its average volume of 2,686,266. The stock has a market capitalization of $18.60 billion, a PE ratio of 28.72, a P/E/G ratio of 1.13 and a beta of 0.90. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.16 and a quick ratio of 0.68. The firm has a fifty day moving average of $91.75 and a 200 day moving average of $83.96. US Foods has a one year low of $69.88 and a one year high of $102.13.

US Foods (NYSE:USFDGet Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). The business had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $9.66 billion. US Foods had a return on equity of 18.74% and a net margin of 1.71%.US Foods’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.68 earnings per share. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts expect that US Foods will post 4.51 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider James David Works, Jr. sold 65,737 shares of the stock in a transaction dated 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 completion of the sale, the insider directly owned 88,176 shares in the company, valued at $8,510,747.52. This represents a 42.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.74% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On US Foods

Institutional investors and hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC lifted its holdings in US Foods by 323.5% in the 3rd quarter. SG Americas Securities LLC now owns 38,515 shares of the company’s stock worth $2,951,000 after buying an additional 29,420 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in US Foods in the 3rd quarter worth approximately $40,375,000. CENTRAL TRUST Co lifted its holdings in US Foods by 30,283.3% in the 3rd quarter. CENTRAL TRUST Co now owns 5,469 shares of the company’s stock worth $419,000 after buying an additional 5,451 shares during the period. Nordea Investment Management AB purchased a new stake in US Foods in the 4th quarter worth approximately $4,834,000. Finally, TD Asset Management Inc purchased a new stake in US Foods in the 3rd quarter worth approximately $1,477,000. Hedge funds and other institutional investors own 98.76% of the company’s stock.

Key Stories Impacting US Foods

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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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Analyst Recommendations for US Foods (NYSE:USFD)

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