US Foods (NYSE:USFD) Downgraded by Zacks Research to “Strong Sell”

US Foods (NYSE:USFD) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Wednesday,Zacks.com reports.

A number of other brokerages also recently commented on USFD. Wall Street Zen downgraded US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. lowered their price objective on US Foods from $98.00 to $90.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Piper Sandler cut their target price on US Foods from $103.00 to $88.00 and set a “neutral” rating for the company in a research note on Monday, June 1st. Citigroup reduced their target price on US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Weiss Ratings downgraded shares of US Foods from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, US Foods presently has an average rating of “Moderate Buy” and an average price target of $105.50.

US Foods Stock Up 2.1%

Shares of USFD opened at $104.04 on Wednesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.70 and a current ratio of 1.14. The company has a 50-day simple moving average of $88.97 and a 200-day simple moving average of $87.85. US Foods has a 52 week low of $69.88 and a 52 week high of $104.43. The firm has a market capitalization of $22.91 billion, a P/E ratio of 35.03, a P/E/G ratio of 1.30 and a beta of 0.79.

US Foods (NYSE:USFD) last released its earnings results on Thursday, May 7th. The company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.04). US Foods had a return on equity of 19.37% and a net margin of 1.71%.The firm had revenue of $9.61 billion for the quarter, compared to analyst estimates of $9.66 billion. During the same period last year, the business earned $0.68 earnings per share. The firm’s quarterly revenue was up 2.8% compared to the same quarter last year. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. On average, equities research analysts expect that US Foods will post 4.34 earnings per share for the current year.

Institutional Investors Weigh In On US Foods

Institutional investors and hedge funds have recently made changes to their positions in the company. Orion Porfolio Solutions LLC raised its holdings in US Foods by 1.4% during the fourth quarter. Orion Porfolio Solutions LLC now owns 7,108 shares of the company’s stock worth $535,000 after buying an additional 101 shares during the last quarter. Choreo LLC grew its holdings in shares of US Foods by 2.4% during the fourth quarter. Choreo LLC now owns 5,707 shares of the company’s stock valued at $433,000 after buying an additional 133 shares during the last quarter. Crossmark Global Holdings Inc. grew its holdings in shares of US Foods by 0.7% during the fourth quarter. Crossmark Global Holdings Inc. now owns 18,357 shares of the company’s stock valued at $1,383,000 after buying an additional 134 shares during the last quarter. Root Financial Partners LLC increased its position in shares of US Foods by 22.4% during the fourth quarter. Root Financial Partners LLC now owns 840 shares of the company’s stock worth $63,000 after acquiring an additional 154 shares in the last quarter. Finally, Brooklyn Investment Group increased its position in shares of US Foods by 0.9% during the fourth quarter. Brooklyn Investment Group now owns 18,469 shares of the company’s stock worth $1,413,000 after acquiring an additional 157 shares in the last quarter. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Company Profile

US Foods (NYSE: USFD) is a leading foodservice distributor in the United States that supplies a wide range of products and services to professional food operators. The company provides fresh, frozen and dry food items as well as non-food restaurant supplies and kitchen equipment. Its customer base includes independent restaurants, multi-unit chains, healthcare and senior living facilities, hospitality businesses, government and educational institutions, and other foodservice operators.

Beyond commodity and branded food products, US Foods offers value-added solutions designed to help customers run their businesses.