Sysco Corp. (SYY) concluded trading on Wednesday at a closing price of $75.77, with 4.67 million shares of worth about $354.15 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.44% during that period and on October 16, 2024 the price saw a gain of about 0.28%. Currently the company’s common shares owned by public are about 491.76M shares, out of which, 490.00M shares are available for trading.
Stock saw a price change of 1.55% in past 5 days and over the past one month there was a price change of -2.58%. Year-to-date (YTD), SYY shares are showing a performance of 3.61% which increased to 17.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $63.18 but also hit the highest price of $82.89 during that period. The average intraday trading volume for Sysco Corp. shares is 3.26 million. The stock is currently trading -0.20% below its 20-day simple moving average (SMA20), while that difference is down -0.96% for SMA50 and it goes to -0.51% lower than SMA200.
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Sysco Corp. (NYSE: SYY) currently have 491.76M outstanding shares and institutions hold larger chunk of about 86.14% of that.
The stock has a current market capitalization of $37.22B and its 3Y-monthly beta is at 1.20. PE ratio of stock for trailing 12 months is 19.48, while it has posted earnings per share of $3.89 in the same period. Its PEG reads 2.61 and has Quick Ratio of 0.69 while making debt-to-equity ratio of 6.96. 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 1.71% while standing at 1.92% over the month.
Stock’s fiscal year EPS is expected to rise by 6.64% while it is estimated to increase by 7.99% in next year. EPS is likely to grow at an annualized rate of 7.47% for next 5-years, compared to annual growth of 3.96% 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 Guggenheim on May 28, 2024 offering a Buy rating for the stock and assigned a target price of $85 to it. Coverage by Piper Sandler stated Sysco Corp. (SYY) stock as a Neutral in their note to investors on November 21, 2023, suggesting a price target of $73 for the stock. On October 19, 2023, Deutsche Bank Initiated their recommendations, while on March 09, 2023, BofA Securities Resumed their ratings for the stock with a price target of $90. Stock get a Hold rating from Argus on February 02, 2023.
