JPMorgan Chase & Co. Has Lowered Expectations for US Foods (NYSE:USFD) Stock Price

US Foods (NYSE:USFD) had its target price decreased by analysts at JPMorgan Chase & Co. from $98.00 to $90.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 9.33% from the company’s previous close.

A number of other research firms have also recently issued reports on USFD. Wells Fargo & Company lifted their price target on US Foods from $87.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, February 13th. BTIG Research cut their price objective on US Foods from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Barclays boosted their price objective on US Foods from $90.00 to $104.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Citigroup reduced their price objective on US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft set a $111.00 price objective on US Foods and gave the stock a “buy” rating in a report on Friday, February 13th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $106.75.

US Foods Stock Performance

NYSE:USFD opened at $82.32 on Thursday. The firm has a market capitalization of $18.13 billion, a price-to-earnings ratio of 27.72, a PEG ratio of 1.03 and a beta of 0.90. US Foods has a 1-year low of $69.88 and a 1-year high of $102.13. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.14 and a quick ratio of 0.70. The company’s 50-day moving average is $90.43 and its two-hundred day moving average is $84.24.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.04). US Foods had a return on equity of 19.37% and a net margin of 1.71%.The business had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $9.66 billion. During the same quarter in the prior year, the firm earned $0.68 earnings per share. US Foods’s quarterly revenue was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Analysts forecast that US Foods will post 4.51 EPS for the current year.

Insider Buying and Selling at US Foods

In other news, insider James David Works, Jr. sold 65,737 shares of US Foods stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $96.52, for a total value of $6,344,935.24. Following the completion of the transaction, the insider directly owned 88,176 shares of the company’s stock, valued at approximately $8,510,747.52. The trade was a 42.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.74% of the company’s stock.

Hedge Funds Weigh In On US Foods

A number of hedge funds have recently made changes to their positions in the business. Orion Porfolio Solutions LLC grew its holdings in US Foods by 1.4% during the 4th quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company’s stock worth $535,000 after acquiring an additional 101 shares during the last quarter. Choreo LLC grew its stake in US Foods by 2.4% during the fourth quarter. Choreo LLC now owns 5,707 shares of the company’s stock worth $433,000 after buying an additional 133 shares in the last quarter. Crossmark Global Holdings Inc. increased its position in US Foods by 0.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company’s stock valued at $1,383,000 after purchasing an additional 134 shares during the period. Root Financial Partners LLC raised its stake in US Foods by 22.4% in the 4th quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock valued at $63,000 after acquiring an additional 154 shares during the period. Finally, Brooklyn Investment Group raised its holdings in shares of US Foods by 0.9% during the fourth quarter. Brooklyn Investment Group now owns 18,469 shares of the company’s stock valued at $1,413,000 after acquiring an additional 157 shares in 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.