Wall Street analysts expect US Foods Holding Corp (NYSE:USFD) to post earnings per share (EPS) of $0.63 for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for US Foods’ earnings, with the lowest EPS estimate coming in at $0.62 and the highest estimate coming in at $0.63. US Foods posted earnings per share of $0.57 during the same quarter last year, which indicates a positive year-over-year growth rate of 10.5%. The company is expected to issue its next quarterly earnings report on Monday, July 29th.

On average, analysts expect that US Foods will report full year earnings of $2.21 per share for the current financial year, with EPS estimates ranging from $2.20 to $2.22. For the next fiscal year, analysts forecast that the company will post earnings of $2.47 per share, with EPS estimates ranging from $2.37 to $2.56. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow US Foods.

US Foods (NYSE:USFD) last announced its earnings results on Tuesday, May 7th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.96 billion. US Foods had a net margin of 1.69% and a return on equity of 14.10%. The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period last year, the company posted $0.35 EPS.

Several analysts have commented on USFD shares. Pivotal Research restated a “hold” rating and set a $32.00 target price on shares of US Foods in a report on Thursday, May 9th. Buckingham Research upgraded shares of US Foods from a “neutral” rating to a “buy” rating and raised their target price for the stock from $32.00 to $48.00 in a report on Wednesday, May 8th. Finally, Zacks Investment Research cut shares of US Foods from a “buy” rating to a “hold” rating in a research note on Saturday, May 11th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $39.80.

In other news, EVP Steven Guberman sold 4,434 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $36.42, for a total transaction of $161,486.28. Following the completion of the transaction, the executive vice president now directly owns 37,013 shares of the company’s stock, valued at approximately $1,348,013.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Dirk J. Locascio sold 21,332 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was sold at an average price of $37.85, for a total transaction of $807,416.20. Following the transaction, the chief financial officer now directly owns 58,708 shares of the company’s stock, valued at $2,222,097.80. The disclosure for this sale can be found here. Insiders have sold a total of 111,589 shares of company stock valued at $4,110,485 over the last ninety days. Company insiders own 0.80% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of USFD. Penserra Capital Management LLC bought a new position in shares of US Foods in the fourth quarter valued at $30,000. Lindbrook Capital LLC bought a new position in shares of US Foods in the fourth quarter valued at $39,000. Stevens First Principles Investment Advisors grew its stake in shares of US Foods by 84.2% in the first quarter. Stevens First Principles Investment Advisors now owns 2,560 shares of the company’s stock valued at $89,000 after buying an additional 1,170 shares in the last quarter. Oppenheimer Asset Management Inc. bought a new position in shares of US Foods in the fourth quarter valued at $90,000. Finally, Quadrant Capital Group LLC grew its stake in shares of US Foods by 170.2% in the first quarter. Quadrant Capital Group LLC now owns 2,915 shares of the company’s stock valued at $98,000 after buying an additional 1,836 shares in the last quarter. 96.17% of the stock is owned by institutional investors.

USFD stock traded up $0.37 during mid-day trading on Thursday, hitting $35.59. 6,300 shares of the company were exchanged, compared to its average volume of 1,715,317. The company has a current ratio of 1.39, a quick ratio of 0.82 and a debt-to-equity ratio of 0.99. The company has a market cap of $7.70 billion, a price-to-earnings ratio of 17.36, a P/E/G ratio of 1.91 and a beta of 0.59. The business has a 50 day simple moving average of $36.83. US Foods has a 1-year low of $27.51 and a 1-year high of $40.92.

About US Foods

US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. Its 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.

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Earnings History and Estimates for US Foods (NYSE:USFD)

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