Sysco Corp (NYSE: SYY) is -1.52% lower on its value in year-to-date trading and has touched a low of $69.03 and a high of $82.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SYY stock was last observed hovering at around $75.42 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $75.30, the stock is 2.09% and 2.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.07 million and changing -0.16% at the moment leaves the stock 0.49% off its SMA200. SYY registered -6.54% loss for a year compared to 6-month loss of -3.54%. The firm has a 50-day simple moving average (SMA 50) of $73.1698 and a 200-day simple moving average (SMA200) of $74.9345.
The stock witnessed a 0.51% gain in the last 1 month and extending the period to 3 months gives it a -1.39%, and is 3.51% up 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 1.39% over the week and 2.10% over the month.
Sysco Corp (SYY) has around 76000 employees, a market worth around $36.84B and $80.57B in sales. Current P/E ratio is 19.34 and Fwd P/E is 15.21. Profit margin for the company is 2.40%. Distance from 52-week low is 9.08% and -8.43% from its 52-week high. The company has generated returns on investments over the last 12 months (13.46%).
The EPS is expected to grow by 5.87% this year
1936.0 institutions hold shares in Sysco Corp (SYY), with institutional investors hold 89.74% of the company’s shares. The shares outstanding are 489.47M, and float is at 487.99M with Short Float at 2.55%. Institutions hold 89.58% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 54.57 million shares valued at $3.9 billion. The investor’s holdings represent 10.9219 of the SYY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 37.1 million shares valued at $2.65 billion to account for 7.4822 of the shares outstanding. The other top investors are STATE STREET CORP which holds 24.57 million shares representing 4.9555 and valued at over $1.75 billion, while INVESCO LTD. holds 2.8856 of the shares totaling 14.42 million with a market value of $1.03 billion.
Sysco Corp (SYY) Insider Activity
Still, SEC filings show that on Feb 13 ’25, Russell Neil (Former Officer) Proposed Sale 50 shares at an average price of $71.81 for $3591.0. The insider now directly holds shares of Sysco Corp (SYY).
