US Foods (NYSE:USFD) Hits New 12-Month High – Still a Buy?

Shares of US Foods Holding Corp. (NYSE:USFD) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $104.43 and last traded at $103.9240, with a volume of 2488290 shares trading hands. The stock had previously closed at $104.29.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on USFD shares. Citigroup decreased their price objective on US Foods from $115.00 to $111.00 and set a “buy” rating for the company in a report on Friday, May 8th. Piper Sandler dropped their target price on US Foods from $103.00 to $88.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. JPMorgan Chase & Co. decreased their price target on US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Wall Street Zen lowered US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, BTIG Research cut their price objective on US Foods from $110.00 to $105.00 and set a “buy” rating for the company in a report on Monday, May 11th. Eleven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, US Foods currently has an average rating of “Moderate Buy” and an average target price of $106.31.

US Foods Price Performance

The company has a current ratio of 1.14, a quick ratio of 0.70 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $22.90 billion, a price-to-earnings ratio of 35.01, a P/E/G ratio of 1.31 and a beta of 0.79. The company’s 50 day moving average is $89.62 and its 200-day moving average is $88.42.

US Foods (NYSE:USFD) last announced its quarterly 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). The business had revenue of $9.61 billion for the quarter, compared to analyst estimates of $9.66 billion. US Foods had a return on equity of 19.37% and a net margin of 1.71%.US Foods’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period last year, the firm earned $0.68 EPS. US Foods has set its FY 2026 guidance at 4.696-4.935 EPS. Equities research analysts anticipate that US Foods Holding Corp. will post 4.34 earnings per share for the current year.

Hedge Funds Weigh In On US Foods

Large investors have recently modified their holdings of the stock. Measured Wealth Private Client Group LLC acquired a new position in US Foods in the 3rd quarter valued at about $26,000. Steph & Co. bought a new position in shares of US Foods during the fourth quarter worth approximately $34,000. Nalls Sherbakoff Group LLC acquired a new stake in US Foods during the 4th quarter worth approximately $36,000. Geneos Wealth Management Inc. boosted its stake in US Foods by 120.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 482 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares during the period. Finally, Western Wealth Management LLC bought a new stake in US Foods in the 1st quarter valued at $46,000. 98.76% of the stock is owned by institutional investors.

About US Foods

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.