Sysco Corp [NYSE: SYY] traded at a low on Tuesday, posting a -1.26 loss after which it closed the day’ session at $71.40.
The results of the trading session contributed to over 5447291 shares changing hands. Over the past one week, the price volatility of Sysco Corp stands at 2.09% while the volatility over the past one month is 1.89%.
The market cap for SYY stock reached $34.93 billion, with 489.47 million shares outstanding and 487.99 million shares in the current float. Compared to the average trading volume of 3.12M shares, SYY reached a trading volume of 5447291 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $83.79 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.
Melius have made an estimate for Sysco Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 18, 2024. The new note on the price target was released on May 28, 2024, representing the official price target for Sysco Corp stock. Previously, the target price had yet another raise to $73, while Piper Sandler analysts kept a Neutral rating on SYY stock.
The Average True Range (ATR) for Sysco Corp is set at 1.58, with the Price to Sales ratio for SYY stock in the period of the last 12 months amounting to 0.43. The Price to Book ratio for the last quarter was 17.35, with the Price to Cash per share for the same quarter was set at 1.62. Price to Free Cash Flow for SYY in the course of the last twelve months was 19.27 with Quick ratio for the last quarter at 0.68.
How has SYY stock performed recently?
Sysco Corp [SYY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.22. With this latest performance, SYY shares dropped by -5.69% in over the last four-week period, additionally sinking by -6.92% over the last 6 months – not to mention a drop of -13.31% 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 37.14, with the RSI for the last a single of trading hit 35.58, and the three-weeks RSI is set at 38.80 for Sysco Corp [SYY]. The present Moving Average for the last 50 days of trading for this stock 76.09, while it was recorded at 72.38 for the last single week of trading, and 75.19 for the last 200 days.
Sysco Corp [SYY]: Deeper insight into the fundamentals
Sysco Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.68 and a Current Ratio set at 1.20.
Earnings analysis for Sysco Corp [SYY]
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 7.67%.
Insider trade positions for Sysco Corp [SYY]
There are presently around $87.83%, or 87.99%% of SYY stock, in the hands of institutional investors. The top three institutional holders of SYY stocks are: VANGUARD GROUP INC with ownership of 54.57 million shares, which is approximately 10.9219%. BLACKROCK INC., holding 37.1 million shares of the stock with an approximate value of $$2.65 billion in SYY stocks shares; and BLACKROCK INC., currently with $$1.75 billion in SYY stock with ownership which is approximately 4.9181%.
