The outlook and analysis of Sysco Corp (SYY)’s stock

Sysco Corp [SYY] stock prices are up 4.22% to $79.49 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SYY shares have gain 3.39% over the last week, with a monthly amount glided 5.94%, and 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.

The stock price of Sysco Corp [SYY] has been fluctuating between $69.03 and $82.89 over the past year. Currently, Wall Street analysts expect the stock to reach $88.54 within the next 12 months. Sysco Corp [NYSE: SYY] shares were valued at $79.49 at the most recent close of the market. An investor can expect a potential return of 11.39% based on the average SYY price forecast.

Analyzing the SYY fundamentals

The Sysco Corp [NYSE:SYY] reported sales of 79.71B for trailing twelve months, representing a surge of 4.40%. 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 0.91 and Total Capital is 0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.6.

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 77.36 points at the first support level, and at 75.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 80.60, and for the 2nd resistance point, it is at 81.71.

Ratios To Look Out For

It’s worth pointing out that Sysco Corp [NYSE:SYY]’s Current Ratio is 1.26. In addition, the Quick Ratio stands at 0.73 and the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 17.69 and price to earnings (TTM) ratio is 20.44.

Transactions by insiders

Recent insider trading involved Talton Sheila, Director, that happened on Nov 19 ’24 when 2900.0 shares were sold. Director, Talton Sheila completed a deal on Nov 19 ’24 to buy 2900.0 shares. Meanwhile, SVP, GC & Corp Sec McFadden Eve M sold 4036.0 shares on Nov 01 ’24.

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