US Foods Holding Corp. (NYSE:USFD) saw a downside of -0.55% to $41.87 after subtracting -$0.23 on Wednesday. The 5-day average trading volume is 1,301,320 shares of the company’s common stock. It has gained $42.49 in the past week and touched a new high 2 times within the past 5 days. An average of 1,416,250 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,507,746.
USFD’s 1-month performance is -5.16% or -$2.02 on its low of $41.58 reached on 08/04/23. The company’s shares have touched a 52-week low of $25.49 and high of $44.52, with the stock’s rally to the 52-week high happening on 07/13/23. YTD, USFD has achieved 23.07% or $7.86 and has reached a new high 30 times. However, the current price is down -5.95% from the 52-week high price.
Insider Transactions
USFD stock investors last saw insider trading activity on Mar 30. Guberman Steven (EVP, Nationally Managed Bus.) most recently sold 2,735 shares at $36.54 per share on Mar 30. This transaction cost the insider $99,937. Iacobucci Andrew E. sold 2,278 shares at a price of $36.54 on Mar 30. Then, on Mar 29, EVP, Nationally Managed Bus. Guberman Steven sold 3,412 shares at a price of $36.60 per share. This transaction amounted to $124,879.
Valuation Metrics
USFD stock has a beta of 1.50. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.28 while the price-to-book (PB) in the most recent quarter is 2.26.
US Foods Holding Corp.’s quick ratio for the period ended March 30 was 0.80, with the current ratio over the same period at 1.30. As well, the company’s long term debt to equity for the quarter ending March 30 was 1.12, while the total debt to equity was 1.20. In terms of profitability, the gross margin trailing 12 months is 16.40%. The trailing 12-month EBITDA margin is 3.16% while for the period ending March 30, US Foods Holding Corp.’s operating margin was 2.10%. The firm’s gross profit as reported stood at $5.49 billion against revenue of $34.06 billion.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 108.54% to $82.0 million, while revenue of $93.0 million was -13.41% off the previous quarter. Analysts expected USFD to announce $0.42 per share in earnings in its latest quarter, but it posted $0.5, representing a 19.00% surprise. EBITDA for the quarter stood at more than $292.0 million. USFD stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 8.49 billion, with total debt at $5.01 billion. Shareholders hold equity totaling $232.65 million.
Let’s look briefly at US Foods Holding Corp. (USFD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 30.59% to suggest the stock is trending Neutral, with historical volatility in this time period at 11.70%.
The stock’s 5-day moving average is $42.04, reflecting a -0.88% or -$0.37 change from its current price. USFD is currently trading -4.95% above its 20-day SMA, +21.11% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +4.83% and SMA200 by+54.42%.
Stochastic %K and %D was 17.00% and 17.08% and the average true range (ATR) pointed at 0.67. The RSI (14) points at 37.72%, while the 14-day stochastic is at 10.56% with the period’s ATR at 0.68. The stock’s 9-day MACD Oscillator is pointing at -0.26 and -0.70 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for US Foods Holding Corp. (NYSE: USFD), Morgan Stanley upgraded it to an Overweight rating. They previously had an Equal-weight rating on the stock. Analysts offering their rating for USFD stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate USFD as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 4 rates the stock as overweight while 8 have offered a “buy” rating.
What is USFD’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $44.00 and a high of $54.00, with their median price target at $49.15. Looking at these predictions, the average price target given by analysts is for US Foods Holding Corp. (USFD) stock is $49.24.
