US Foods (NYSE:USFD) had its price objective increased by Barclays from $40.00 to $42.00 in a report issued on Thursday, BenzingaRatingsTable reports. The firm currently has an equal weight rating on the stock.

Separately, Zacks Investment Research downgraded shares of US Foods from a buy rating to a hold rating in a report on Friday, August 9th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. US Foods has a consensus rating of Hold and a consensus price target of $40.57.

USFD stock opened at $42.19 on Thursday. The firm’s fifty day simple moving average is $38.75 and its 200-day simple moving average is $36.58. The company has a market capitalization of $9.29 billion, a P/E ratio of 20.78, a price-to-earnings-growth ratio of 2.29 and a beta of 0.49. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.37 and a quick ratio of 0.80. US Foods has a 12 month low of $27.51 and a 12 month high of $43.10.

US Foods (NYSE:USFD) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.63 by $0.01. The business had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.36 billion. US Foods had a net margin of 1.63% and a return on equity of 14.15%. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.57 EPS. As a group, sell-side analysts forecast that US Foods will post 2.21 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its holdings in US Foods by 20.7% during the first quarter. Janus Henderson Group PLC now owns 72,486 shares of the company’s stock worth $2,530,000 after buying an additional 12,423 shares in the last quarter. Comerica Bank boosted its holdings in US Foods by 3.4% during the first quarter. Comerica Bank now owns 12,441 shares of the company’s stock worth $437,000 after buying an additional 413 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in US Foods by 5.0% during the first quarter. Victory Capital Management Inc. now owns 172,438 shares of the company’s stock worth $6,020,000 after buying an additional 8,278 shares in the last quarter. State Board of Administration of Florida Retirement System boosted its holdings in US Foods by 3.5% during the first quarter. State Board of Administration of Florida Retirement System now owns 209,879 shares of the company’s stock worth $7,327,000 after buying an additional 7,020 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in US Foods by 6.9% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 46,543 shares of the company’s stock worth $1,625,000 after buying an additional 3,011 shares in the last quarter. 95.62% of the stock is currently owned by institutional investors and hedge funds.

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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Analyst Recommendations for US Foods (NYSE:USFD)

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