At the time of writing, Sysco Corp. [SYY] stock is trading at $75.65, up 0.53%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SYY shares have lost -1.42% over the last week, with a monthly amount drifted -5.47%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Deutsche Bank started tracking the stock with Buy rating on October 19, 2023, and set its price target to $75. Argus downgraded its rating to a Hold. Stephens initiated its recommendation with a Overweight and recommended $90 as its price target on September 23, 2022. JP Morgan upgraded its rating to Overweight for this stock on May 26, 2022, but kept the price target unchanged to $98. In a note dated March 11, 2022, CL King initiated an Neutral rating.
For the past year, the stock price of Sysco Corp. fluctuated between $62.24 and $82.89. Currently, Wall Street analysts expect the stock to reach $90.9 within the next 12 months. Sysco Corp. [NYSE: SYY] shares were valued at $75.65 at the most recent close of the market. An investor can expect a potential return of 20.16% based on the average SYY price forecast.
Analyzing the SYY fundamentals
According to Sysco Corp. [NYSE:SYY], the company’s sales were 77.51B for trailing twelve months, which represents an 3.73% jump. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 1.03 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 75.19 points at the first support level, and at 74.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 76.11, and for the 2nd resistance point, it is at 76.57.
Ratios To Look Out For
It is important to note that Sysco Corp. [NYSE:SYY] has a current ratio of 1.37. As well, the Quick Ratio is 0.80, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 15.85 and price to earnings (TTM) ratio is 18.46.
Transactions by insiders
Recent insider trading involved Jasper James Chris, SVP, that happened on Mar 14 ’24 when 4000.0 shares were sold. SVP, Corp. Affairs and CAO, Russell Neil completed a deal on Mar 06 ’24 to sell 1722.0 shares. Meanwhile, Director Talton Sheila sold 2200.0 shares on Nov 22 ’23.
