Sysco Corp. (SYY) concluded trading on Thursday at a closing price of $74.38, with 3.53 million shares of worth about $262.39 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.49% during that period and on October 24, 2024 the price saw a loss of about -0.33%. 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 -1.33% in past 5 days and over the past one month there was a price change of -3.10%. Year-to-date (YTD), SYY shares are showing a performance of 1.71% which increased to 13.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $64.28 but also hit the highest price of $82.89 during that period. The average intraday trading volume for Sysco Corp. shares is 3.29 million. The stock is currently trading -1.56% below its 20-day simple moving average (SMA20), while that difference is down -2.68% for SMA50 and it goes to -2.32% lower than SMA200.
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Sysco Corp. (NYSE: SYY) currently have 491.76M outstanding shares and institutions hold larger chunk of about 86.07% of that.
The stock has a current market capitalization of $36.54B and its 3Y-monthly beta is at 1.20. PE ratio of stock for trailing 12 months is 19.12, while it has posted earnings per share of $3.89 in the same period. Its PEG reads 2.56 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 1.43% while standing at 1.59% over the month.
Stock’s fiscal year EPS is expected to rise by 6.58% while it is estimated to increase by 7.97% 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.
