The stock of US Foods Holding Corp. (NYSE:USFD) decreased by -$0.98 on Tuesday to finish at $39.86, down -2.40 percent. The last five days have seen an average of 3,448,940 shares of common stock traded. 30 times new highs were reached in the current year, with a gain of $5.84. The average number of shares traded over the last 20 days was 1,911,655, while the average volume over the last 50 days totaled 1,641,618.
USFD stock dropped -9.08% since last month. On 08/15/23, the company’s shares reached a one-month low of $39.69. The stock touched a high of $44.52 on 07/13/23, after rallying from a low of $25.49 in 52 weeks. The price of USFD stock has risen by 17.17% or $5.84 this year, reaching a new high 30 times. Still, the stock price is down -10.47% from the 52-week high.
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Insider Transactions
USFD stock investors should be aware that US Foods Holding Corp. (USFD) stock had its last reported insider trading activity 139 days ago on Mar 30. On Mar 30, EVP, Nationally Managed Bus. Guberman Steven sold 2,735 shares at $36.54 each. This transaction resulted in the insider making $99,937. On Mar 30, Iacobucci Andrew E. sold 2,278 shares at a price of US$36.54. After the transaction, the insider now owns 185,244 shares. EVP, Nationally Managed Bus. Guberman Steven had earlier sold 3,412 shares on Mar 29 for $36.60 a share. The transaction was completed for $124,879.
Valuation Metrics
US Foods Holding Corp. (USFD) has a trailing price-to-earnings (P/E) ratio of 29.90. Beta for the stock is 1.50. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.27, the price-to-book (PB) ratio of 2.06, and the price-to-cash flow ratio of 10.03.
Financial Health
For the three months ended June 29, US Foods Holding Corp.’s quick ratio was 0.80, while its current ratio was 1.30, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.01, and the total debt to equity ratio is 1.07. As far as profitability goes, gross margin for the trailing twelve months is 16.40% percent. US Foods Holding Corp.’s EBITDA margin for the year ended June 29 was 3.16%, whereas its operating margin stood at 2.60% for the same period. Based on annual data, it had gross profit of $5.49 billion and revenue of $34.06 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. USFD’s return on assets (ROA) during the last 12 months has been 3.40%. There was a 5.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 10.60%.
Earnings Surprise
According to US Foods Holding Corp.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $9.01 billion, while revenues rose by 2.06% to $8.54 billion. It was predicted that US Foods Holding Corp.’s quarterly earnings would be $0.79, but it ended up being $0.76, beating the consensus by 3.90%. EBITDA was $420.0 million for the quarter. At the end of US Foods Holding Corp.’s most recent quarter ended June 29, its liabilities totaled 8.43 billion, while its total debt was $4.94 billion. Equity owned by shareholders amounts to $246.9 million.
Technical Picture
Here’s a quick look at US Foods Holding Corp.’s (USFD) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 17.85%, suggesting the stock is oversold, with a 18.46% historical volatility rate.
The stochastic %K and %D were 21.39% and 26.91% respectively, while the average true range (ATR) was 0.94. Based on the 14-day stochastic reading of 4.30%, the RSI (14) reading is 25.39%. On the 9-day MACD Oscillator, the stock is at -0.89, and the 14-day reading is at -1.33.
Analyst Ratings
In its most recent analyst report, Morgan Stanley raised its rating on US Foods Holding Corp. (NYSE: USFD) to an Overweight. Prior to this, analysts firm rated the stock as an Equal-weight. Analysts have assigned US Foods Holding Corp. (USFD) an Overweight rating. USFD is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 4 rates it overweight and 8 others recommend it as a buy.
What is USFD’s price target for the next 12 months?
The current consensus forecast for the stock is between $46.00 and $54.00, with a median target price of $50.00. In analyzing these forecasts, the average price target given by analysts for US Foods Holding Corp. (USFD) is $50.24.
