Sysco Corporation [SYY] fell -0.46% so far this year. What now?

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Sysco Corporation [NYSE: SYY] stock went on a downward path that fall over -0.31% on Wednesday, amounting to a one-week price decrease of less than -2.51%. The company report on January 12, 2022 that Sysco Ranked #1 Food and Drug Retailer in the JUST 100 Rankings for 2022.

Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, was named one of America’s Most JUST Companies for its commitment to serving its workers, customers, communities, the environment, and shareholders. This year, Sysco ranked number one in the food and drug retailer industry for the first time in its history.


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Through vigorous, objective analysis, JUST Capital, in partnership with CNBC, evaluates and celebrates U.S. corporations that outperform on the issues that matter most to the American public – such as creating jobs in the U.S., paying a fair living wage, prioritizing accountability to all stakeholders, protecting worker health and safety, providing benefits and work-life balance, cultivating a diverse and inclusive workplace, producing sustainable products and protecting customer privacy.

Over the last 12 months, SYY stock rose by 2.69%. The one-year Sysco Corporation stock forecast points to a potential upside of 12.5. The average equity rating for SYY stock is currently 2.40, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $39.69 billion, with 512.52 million shares outstanding and 512.14 million shares in the current float. Compared to the average trading volume of 2.48M shares, SYY stock reached a trading volume of 3041939 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Sysco Corporation [SYY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SYY shares is $89.36 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SYY stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for Sysco Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 04, 2022. While these analysts kept the previous recommendation, Barclays raised their target price from $80 to $86. The new note on the price target was released on December 15, 2021, representing the official price target for Sysco Corporation stock. Previously, the target price had yet another raise to $89, while UBS analysts kept a Buy rating on SYY stock.

The Average True Range (ATR) for Sysco Corporation is set at 1.76, with the Price to Sales ratio for SYY stock in the period of the last 12 months amounting to 0.71. The Price to Book ratio for the last quarter was 23.98, with the Price to Cash per share for the same quarter was set at 4.07.

SYY Stock Performance Analysis:

Sysco Corporation [SYY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.51. With this latest performance, SYY shares gained by 6.55% in over the last four-week period, additionally plugging by 7.71% over the last 6 months – not to mention a rise of 2.69% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SYY stock in for the last two-week period is set at 54.20, with the RSI for the last a single of trading hit 51.70, and the three-weeks RSI is set at 53.78 for Sysco Corporation [SYY]. The present Moving Average for the last 50 days of trading for this stock 75.90, while it was recorded at 79.21 for the last single week of trading, and 78.05 for the last 200 days.

Insight into Sysco Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Sysco Corporation [SYY] shares currently have an operating margin of +2.96 and a Gross Margin at +17.01. Sysco Corporation’s Net Margin is presently recorded at +1.02.

Return on Total Capital for SYY is now 10.25, given the latest momentum, and Return on Invested Capital for the company is 3.83. Return on Equity for this stock inclined to 38.67, with Return on Assets sitting at 2.38. When it comes to the capital structure of this company, Sysco Corporation [SYY] has a Total Debt to Total Equity ratio set at 761.17. Additionally, SYY Total Debt to Total Capital is recorded at 88.39, with Total Debt to Total Assets ending up at 55.20. Long-Term Debt to Equity for the company is recorded at 722.69, with the Long-Term Debt to Total Capital now at 83.92.

Reflecting on the efficiency of the workforce at the company, Sysco Corporation [SYY] managed to generate an average of $9,038 per employee. Receivables Turnover for the company is 15.11 with a Total Asset Turnover recorded at a value of 2.33.Sysco Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.40.

SYY Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SYY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sysco Corporation go to 53.09%.

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Sysco Corporation [SYY] Insider Position Details

There are presently around $32,516 million, or 83.00% of SYY stock, in the hands of institutional investors. The top three institutional holders of SYY stocks are: VANGUARD GROUP INC with ownership of 43,447,704, which is approximately 0.772% of the company’s market cap and around 0.10% of the total institutional ownership; WELLINGTON MANAGEMENT GROUP LLP, holding 30,669,928 shares of the stock with an approximate value of $2.4 billion in SYY stocks shares; and BLACKROCK INC., currently with $2.33 billion in SYY stock with ownership of nearly -1.262% of the company’s market capitalization.

Positions in Sysco Corporation stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 632 institutional holders increased their position in Sysco Corporation [NYSE:SYY] by around 29,772,243 shares. Additionally, 520 investors decreased positions by around 24,428,385 shares, while 256 investors held positions by with 361,664,343 shares. The mentioned changes placed institutional holdings at 415,864,971 shares, according to the latest SEC report filing. SYY stock had 90 new institutional investments in for a total of 5,294,161 shares, while 93 institutional investors sold positions of 1,985,434 shares during the same period.