Sysco Corp. (SYY) concluded trading on Wednesday at a closing price of $80.93, with 7.35 million shares of worth about $595.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.26% during that period and on Wednesday, January 31 the price saw a gain of about 0.14%. Currently the company’s common shares owned by public are about 505.11M shares, out of which, 503.37M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 63 times over the past 12 months. They bought 165,877 shares in 47 of the transactions. In 16 selling transactions, insiders dumped 27,410 shares.
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However, the stock later moved at a day high price of 81.47, or with a gain of 0.14%. Stock saw a price change of 7.92% in past 5 days and over the past one month there was a price change of 10.67%. Year-to-date (YTD), SYY shares are showing a performance of 10.67% which increased to 3.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $62.24 but also hit the highest price of $80.96 during that period. The average intraday trading volume for Sysco Corp. shares is 3.10 million. The stock is currently trading 7.18% above its 20-day simple moving average (SMA20), while that difference is up 9.49% for SMA50 and it goes to 12.76% higher than SMA200.
Sysco Corp. (NYSE: SYY) currently have 505.11M outstanding shares and institutions hold larger chunk of about 83.24% of that.
The stock has a current market capitalization of $40.82B and its 3Y-monthly beta is at 1.17. PE ratio of stock for trailing 12 months is 19.74, while it has posted earnings per share of $4.10 in the same period. Its PEG reads 1.59 and has Quick Ratio of 0.80 while making debt-to-equity ratio of 5.39. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SYY, volatility over the week remained 2.44% while standing at 1.65% over the month.
Analysts are in expectations that Sysco Corp. (SYY) stock would likely to be making an EPS of $Stryker Corporation in the current quarter, while forecast for next quarter EPS is $335.48 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Sysco Corporation which is $Symbotic Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Sanofi in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 7.66% while it is estimated to increase by 9.38% in next year. EPS is likely to grow at an annualized rate of 12.40% for next 5-years, compared to annual growth of 5.16% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on November 21, 2023 offering a Neutral rating for the stock and assigned a target price of $73 to it.
