At the time of writing, Sysco Corp. [SYY] stock is trading at $77.74, down -0.41%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SYY shares have gain 1.74% over the last week, with a monthly amount drifted -0.29%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sysco Corp. [NYSE: SYY] stock has seen the most recent analyst activity on May 28, 2024, when Guggenheim upgraded its rating to a Buy but kept the price target unchanged to $85 for it. On October 19, 2023, Deutsche Bank initiated with a Buy rating and assigned a price target of $75 on the stock. Argus downgraded its rating to a Hold. Stephens started tracking with a Overweight rating for this stock on September 23, 2022, and assigned it a price target of $90. In a note dated May 26, 2022, JP Morgan upgraded an Overweight rating on this stock but restated the target price of $98.
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 $88.54 within the next 12 months. Sysco Corp. [NYSE: SYY] shares were valued at $77.74 at the most recent close of the market. An investor can expect a potential return of 13.89% based on the average SYY price forecast.
Analyzing the SYY fundamentals
According to Sysco Corp. [NYSE:SYY], the company’s sales were 78.84B for trailing twelve months, which represents an 4.20% 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 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.92 and Total Capital is 0.21. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.51.
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 77.14 points at the first support level, and at 76.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 78.47, and for the 2nd resistance point, it is at 79.19.
Ratios To Look Out For
It is important to note that Sysco Corp. [NYSE:SYY] has a current ratio of 1.20. Also, the Quick Ratio is 0.69, while the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 20.55 and price to earnings (TTM) ratio is 19.99.
Transactions by insiders
Recent insider trading involved Jasper James Chris, Officer, that happened on Sep 16 ’24 when 12248.0 shares were purchased. SVP, Jasper James Chris completed a deal on Mar 14 ’24 to sell 4000.0 shares. Meanwhile, SVP, Corp. Affairs and CAO Russell Neil sold 1722.0 shares on Mar 06 ’24.
