US Foods Holding Corp. (NYSE: USFD) is 15.81% higher on its value in year-to-date trading and has touched a low of $25.49 and a high of $41.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The USFD stock was last observed hovering at around $39.89 in the last trading session, with the day’s loss setting it -0.49% off its average median price target of $48.00 for the next 12 months. It is also 21.2% off the consensus price target high of $50.00 offered by 13 analysts, but current levels are 10.45% higher than the price target low of $44.00 for the same period.
Currently trading at $39.40, the stock is 0.71% and 4.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.2 million and changing -1.23% at the moment leaves the stock 14.57% off its SMA200. USFD registered 28.09% gain for a year compared to 6-month gain of 12.31%. The firm has a 50-day simple moving average (SMA 50) of $0.43 and a 200-day simple moving average (SMA200) of $13.19.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
The stock witnessed a 6.31% loss in the last 1 month and extending the period to 3 months gives it a 3.09%, and is -2.96% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.93% over the week and 2.42% over the month.
US Foods Holding Corp. (USFD) has around 29000 employees, a market worth around $9.15B and $34.80B in sales. Current P/E ratio is 29.56 and Fwd P/E is 12.33. Profit margin for the company is 0.90%. Distance from 52-week low is 54.57% and -5.65% from its 52-week high. The company has generated returns on investments over the last 12 months (5.50%).
US Foods Holding Corp. (USFD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for US Foods Holding Corp. (USFD) is a “Overweight”. 13 analysts offering their recommendations for the stock have an average rating of 2.00, where 3 rate it as a Hold and 3 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
US Foods Holding Corp. is expected to release its quarterly report on 08/08/2023.The EPS is expected to grow by 87.60% this year
US Foods Holding Corp. (USFD) Top Institutional Holders
The shares outstanding are 226.00M, and float is at 217.08M with Short Float at 3.47%.
US Foods Holding Corp. (USFD) Insider Activity
A total of 72 insider transactions have happened at US Foods Holding Corp. (USFD) in the last six months, with sales accounting for 56 and purchases happening 16 times. The most recent transaction is an insider sale by Guberman Steven, the company’s EVP, Nationally Managed Bus. SEC filings show that Guberman Steven sold 2,735 shares of the company’s common stock on Mar 30 at a price of $36.54 per share for a total of $99937.0. Following the sale, the insider now owns 94579.0 shares.
US Foods Holding Corp. disclosed in a document filed with the SEC on Mar 30 that Iacobucci Andrew E. () sold a total of 2,278 shares of the company’s common stock. The trade occurred on Mar 30 and was made at $36.54 per share for $83238.0. Following the transaction, the insider now directly holds 0.19 million shares of the USFD stock.
Still, SEC filings show that on Mar 29, Guberman Steven (EVP, Nationally Managed Bus.) disposed off 3,412 shares at an average price of $36.60 for $0.12 million. The insider now directly holds 99,090 shares of US Foods Holding Corp. (USFD).
US Foods Holding Corp. (USFD): Who are the competitors?
The company’s main competitors (and peers) include Walmart Inc. (WMT) that is trading 20.42% up over the past 12 months and Costco Wholesale Corporation (COST) that is 12.41% higher over the same period. Target Corporation (TGT) is -7.02% down on the 1-year trading charts.