US Foods (NYSE:USFD) Sets New 12-Month High – Time to Buy?

Shares of US Foods Holding Corp. (NYSE:USFD) reached a new 52-week high on Wednesday . The company traded as high as $110.63 and last traded at $110.5410, with a volume of 1983088 shares traded. The stock had previously closed at $108.63.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on USFD shares. UBS Group lifted their target price on US Foods from $117.00 to $127.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. decreased their target price on shares of US Foods from $98.00 to $90.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Piper Sandler raised their price target on US Foods from $88.00 to $108.00 and gave the company a “neutral” rating in a report on Wednesday. Zacks Research upgraded shares of US Foods from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Finally, Wall Street Zen cut shares of US Foods from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $113.92.

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 1.19. The stock has a market capitalization of $23.79 billion, a price-to-earnings ratio of 33.84, a price-to-earnings-growth ratio of 1.43 and a beta of 0.81. The stock has a 50-day simple moving average of $98.68 and a 200 day simple moving average of $92.75.

US Foods (NYSE:USFD) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.44 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.08. US Foods had a net margin of 1.81% and a return on equity of 20.53%. The firm had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.46 billion. During the same quarter in the prior year, the business earned $1.19 EPS. The company’s revenue for the quarter was up 4.5% 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 forecast that US Foods Holding Corp. will post 4.35 EPS for the current fiscal year.

Insider Activity at US Foods

In related news, insider William Spencer Hancock sold 21,754 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $108.29, for a total value of $2,355,740.66. Following the transaction, the insider owned 101,144 shares in the company, valued at approximately $10,952,883.76. This represents a 17.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.74% of the company’s stock.

Hedge Funds Weigh In On US Foods

Several hedge funds have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in US Foods by 47.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 107,928 shares of the company’s stock valued at $8,129,000 after purchasing an additional 34,814 shares during the period. Fifth Third Bancorp increased its holdings in shares of US Foods by 2,548.1% during the 1st quarter. Fifth Third Bancorp now owns 75,392 shares of the company’s stock worth $6,952,000 after purchasing an additional 72,545 shares during the period. University of Texas Texas AM Investment Management Co. bought a new position in shares of US Foods during the 4th quarter worth about $4,221,000. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of US Foods by 239.4% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 38,924 shares of the company’s stock valued at $2,932,000 after buying an additional 27,454 shares during the last quarter. Finally, Premier Fund Managers Ltd acquired a new position in shares of US Foods during the fourth quarter valued at about $23,818,000. 98.76% of the stock is owned by institutional investors and hedge funds.

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.