Sysco Corp (NYSE: SYY) is -11.06% lower on its value in year-to-date trading and has touched a low of $68.65 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 $69.46 in the last trading session, with the day’s loss setting it -1.46%.
Currently trading at $68.00, the stock is -6.60% and -6.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.45 million and changing -2.10% at the moment leaves the stock -9.23% off its SMA200. SYY registered -11.31% loss for a year compared to 6-month gain of -9.83%. The firm has a 50-day simple moving average (SMA 50) of $72.881 and a 200-day simple moving average (SMA200) of $74.91075.
The stock witnessed a -11.84% loss in the last 1 month and extending the period to 3 months gives it a -9.02%, and is -9.84% 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 3.44% over the week and 2.34% over the month.
Sysco Corp (SYY) has around 76000 employees, a market worth around $33.27B and $80.57B in sales. Current P/E ratio is 17.47 and Fwd P/E is 13.74. Profit margin for the company is 2.40%. Distance from 52-week low is -0.95% and -17.31% from its 52-week high. The company has generated returns on investments over the last 12 months (13.46%).
with sales reaching $20.11B over the same period.The EPS is expected to grow by 5.87% this year, but quarterly earnings will post 4.22% year-over-year. Quarterly sales are estimated to grow 3.76% in year-over-year returns.
Sysco Corp (SYY) Top Institutional Holders
1936.0 institutions hold shares in Sysco Corp (SYY), with institutional investors hold 89.76% of the company’s shares. The shares outstanding are 489.47M, and float is at 488.03M with Short Float at 2.55%. Institutions hold 89.59% 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
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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).
