US Foods (USFD) PT Lowered to $31.00 at Pivotal Research

US Foods (NYSE:USFD) had its price target cut by Pivotal Research from $33.00 to $31.00 in a research note published on Wednesday. They currently have a hold rating on the stock.

Several other equities analysts have also commented on USFD. Zacks Investment Research raised US Foods from a sell rating to a hold rating in a research note on Tuesday, July 17th. Wells Fargo & Co upped their price target on US Foods from $42.00 to $48.00 and gave the company a $39.60 rating in a research note on Wednesday, July 18th. They noted that the move was a valuation call. ValuEngine lowered US Foods from a buy rating to a hold rating in a research note on Monday, July 30th. Credit Suisse Group decreased their price target on US Foods from $40.00 to $37.00 and set a buy rating on the stock in a research note on Tuesday, July 31st. Finally, Morgan Stanley decreased their price target on US Foods from $43.00 to $41.00 and set a buy rating on the stock in a research note on Tuesday, July 31st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $37.87.

NYSE USFD opened at $31.50 on Wednesday. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 18.04, a P/E/G ratio of 0.65 and a beta of 0.36. The company has a current ratio of 1.39, a quick ratio of 0.81 and a debt-to-equity ratio of 1.08. US Foods has a fifty-two week low of $26.30 and a fifty-two week high of $40.92.

US Foods (NYSE:USFD) last released its quarterly earnings data on Tuesday, November 6th. The company reported $0.55 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.04. The company had revenue of $6.15 billion for the quarter, compared to analyst estimates of $6.31 billion. US Foods had a return on equity of 13.04% and a net margin of 2.33%. The firm’s revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 earnings per share. Equities analysts anticipate that US Foods will post 1.99 EPS for the current year.

Hedge funds have recently bought and sold shares of the stock. First Mercantile Trust Co. purchased a new stake in shares of US Foods in the 2nd quarter valued at $122,000. SG Americas Securities LLC purchased a new stake in shares of US Foods in the 2nd quarter valued at $123,000. Nisa Investment Advisors LLC purchased a new stake in shares of US Foods in the 2nd quarter valued at $189,000. First Republic Investment Management Inc. purchased a new stake in shares of US Foods in the 2nd quarter valued at $203,000. Finally, People s United Financial Inc. purchased a new stake in shares of US Foods in the 2nd quarter valued at $218,000.

US Foods Company Profile

US Foods Holding Corp., through its subsidiary, US Foods, Inc, markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. Its 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.

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Analyst Recommendations for US Foods (NYSE:USFD)

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