US Foods Holding Corp. (NYSE:USFD) Given Consensus Recommendation of “Buy” by Brokerages

US Foods Holding Corp. (NYSE:USFD) has been given a consensus rating of “Buy” by the thirteen brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $68.92.

USFD has been the subject of several analyst reports. Truist Financial boosted their price target on shares of US Foods from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Thursday, January 16th. Jefferies Financial Group increased their target price on US Foods from $79.00 to $82.00 and gave the company a “buy” rating in a report on Monday, December 16th. Piper Sandler lifted their price target on US Foods from $61.00 to $75.00 and gave the stock an “overweight” rating in a report on Monday, November 11th. StockNews.com upgraded US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Finally, JPMorgan Chase & Co. boosted their target price on US Foods from $68.00 to $69.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th.

Institutional Investors Weigh In On US Foods

Several hedge funds have recently made changes to their positions in the business. Quent Capital LLC raised its stake in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock valued at $29,000 after acquiring an additional 219 shares during the last quarter. Ashton Thomas Securities LLC acquired a new position in shares of US Foods in the third quarter valued at approximately $31,000. Huntington National Bank raised its stake in shares of US Foods by 332.5% during the third quarter. Huntington National Bank now owns 532 shares of the company’s stock worth $33,000 after purchasing an additional 409 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of US Foods during the third quarter worth $34,000. Finally, R Squared Ltd purchased a new position in US Foods in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 98.76% of the company’s stock.

US Foods Stock Performance

Shares of US Foods stock opened at $71.55 on Thursday. The business has a 50-day simple moving average of $68.87 and a 200-day simple moving average of $62.58. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.72 and a current ratio of 1.19. US Foods has a one year low of $45.21 and a one year high of $72.84. The company has a market cap of $16.67 billion, a PE ratio of 30.71, a P/E/G ratio of 0.93 and a beta of 1.67.

About US Foods

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.