US Foods (NYSE:USFD) Releases FY 2027 Earnings Guidance

US Foods (NYSE:USFD) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 5.200-5.700 for the period. The company issued revenue guidance of $43.0 billion-$45.0 billion. US Foods also updated its FY24 guidance to $3.00-3.20 EPS.

US Foods Trading Up 3.8 %

NYSE:USFD traded up $1.99 during mid-day trading on Wednesday, reaching $54.28. The company’s stock had a trading volume of 1,120,995 shares, compared to its average volume of 1,714,568. The company’s fifty day simple moving average is $52.48 and its two-hundred day simple moving average is $49.21. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.31 and a quick ratio of 0.81. US Foods has a twelve month low of $35.66 and a twelve month high of $55.98. The stock has a market cap of $13.35 billion, a P/E ratio of 26.60, a P/E/G ratio of 0.92 and a beta of 1.60.

US Foods (NYSE:USFD) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.01). US Foods had a return on equity of 13.08% and a net margin of 1.41%. The business had revenue of $8.95 billion during the quarter, compared to analyst estimates of $8.93 billion. On average, equities analysts predict that US Foods will post 2.91 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Piper Sandler upgraded US Foods from a neutral rating to an overweight rating and raised their price objective for the stock from $45.00 to $59.00 in a report on Tuesday, February 20th. BMO Capital Markets restated an outperform rating and issued a $62.00 price objective (up from $58.00) on shares of US Foods in a report on Friday, May 10th. Morgan Stanley raised their target price on US Foods from $62.00 to $64.00 and gave the company an overweight rating in a report on Friday, May 10th. UBS Group raised their target price on US Foods from $64.00 to $67.00 and gave the company a buy rating in a report on Friday, May 10th. Finally, StockNews.com upgraded US Foods from a buy rating to a strong-buy rating in a report on Friday, February 23rd. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of Buy and a consensus price target of $61.22.

About US Foods

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.