Sysco Corp. [NYSE: SYY] closed the trading session at $74.99. The company report on January 9, 2024 at 8:00 AM that Sysco to Release Second Quarter Fiscal Year 2024 Financial Results on January 30.
All interested parties are invited to listen online at investors.sysco.com. Prior to the conference call and webcast, the company will also issue a news release and post a slide presentation in the investor relations section of its website. A replay of the webcast will be available online shortly after the live webcast is completed.
The stocks have a year to date performance of 2.54 percent and weekly performance of 0.43 percent. The stock has been moved at -0.70 percent over the last six months. The stock has performed 1.99 percent around the most recent 30 days and changed 15.37 percent over the most recent 3-months.
If compared to the average trading volume of 2.97M shares, SYY reached to a volume of 4207016 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Sysco Corp. [SYY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SYY shares is $81.97 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 2.00. 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.
Piper Sandler have made an estimate for Sysco Corp. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 21, 2023.
The Average True Range (ATR) for Sysco Corp. is set at 0.99, with the Price to Sales ratio for SYY stock in the period of the last 12 months amounting to 0.49. The Price to Book ratio for the last quarter was 17.79, with the Price to Cash per share for the same quarter was set at 1.13. Price to Free Cash Flow for SYY in the course of the last twelve months was 18.67 with Quick ratio for the last quarter at 0.74.
SYY stock trade performance evaluation
Sysco Corp. [SYY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.43. With this latest performance, SYY shares gained by 1.99% in over the last four-week period, additionally sinking by -0.70% over the last 6 months – not to mention a drop of -5.38% 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 55.82, with the RSI for the last a single of trading hit 51.15, and the three-weeks RSI is set at 58.12 for Sysco Corp. [SYY]. The present Moving Average for the last 50 days of trading for this stock 73.27, while it was recorded at 75.31 for the last single week of trading, and 71.76 for the last 200 days.
Sysco Corp. [SYY]: An insightful look at the core fundamentals
Sysco Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.74 and a Current Ratio set at 1.29.
Earnings per share (EPS) analysis for Sysco Corp. [SYY] stock
With the latest financial reports released by the company, Sysco Corp. posted 0.8/share EPS, while the average EPS was predicted by analysts to be reported at 0.84/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -4.80%. 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 Corp. go to 12.40%.
Sysco Corp. [SYY]: Institutional Ownership
The top three institutional holders of SYY stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in SYY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in SYY stock with ownership which is approximately 5.8325%.
