This is why Sysco Corp (SYY) Stock is one of the options for the Longer run

At the time of writing, Sysco Corp [SYY] stock is trading at $76.55, down -0.69%. 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 lost -4.02% over the last week, with a monthly amount glided 2.89%, 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 December 18, 2024, when Melius initiated its Hold rating and assigned the stock a price target of $85. Previously, Guggenheim upgraded its rating to Buy on May 28, 2024, and kept the price target unchanged to $85. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $75 on October 19, 2023. Argus downgraded its rating to Hold for this stock on February 02, 2023. In a note dated September 23, 2022, Stephens initiated an Overweight rating and provided a target price of $90 on this stock.

For the past year, the stock price of Sysco Corp fluctuated between $69.03 and $82.89. Currently, Wall Street analysts expect the stock to reach $87.5 within the next 12 months. Sysco Corp [NYSE: SYY] shares were valued at $76.55 at the most recent close of the market. An investor can expect a potential return of 14.3% based on the average SYY price forecast.

Analyzing the SYY fundamentals

According to Sysco Corp [NYSE:SYY], the company’s sales were 79.71B for trailing twelve months, which represents an 4.40% 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 0.91 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.6.

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 76.12 points at the first support level, and at 75.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 77.27, and for the 2nd resistance point, it is at 77.98.

Ratios To Look Out For

It is important to note that Sysco Corp [NYSE:SYY] has a current ratio of 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 0.47, the price to book ratio is 17.03 and price to earnings (TTM) ratio is 19.68.

Transactions by insiders

Recent insider trading involved McFadden Eve M, SVP, GC & Corp Sec, that happened on Dec 04 ’24 when 6499.0 shares were sold. EVP, Bertrand Greg D completed a deal on Dec 04 ’24 to sell 21844.0 shares. Meanwhile, Officer Bertrand Greg D bought 21844.0 shares on Dec 04 ’24.

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