Currently, there are 491.07M common shares owned by the public and among those 489.98M shares have been available to trade.
The company’s stock has a 5-day price change of -1.65% and -2.82% over the past three months. SYY shares are trading -5.47% year to date (YTD), with the 12-month market performance down to -3.97% lower. It has a 12-month low price of $69.03 and touched a high of $82.89 over the same period. SYY has an average intraday trading volume of 2.95 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.05%, -5.38%, and -3.97% respectively.
Institutional ownership of Sysco Corp (NYSE: SYY) shares accounts for 87.30% of the company’s 491.07M shares outstanding.
It has a market capitalization of $35.51B and a beta (3y monthly) value of 1.18. The stock’s trailing 12-month PE ratio is 18.58, while the earnings-per-share (ttm) stands at $3.89. The company has a PEG of 2.39 and a Quick Ratio of 0.73 with the debt-to-equity ratio at 6.08. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.28% over the week and 1.69% over the month.
Earnings per share for the fiscal year are expected to increase by 5.86%, and 8.15% over the next financial year. EPS should grow at an annualized rate of 7.78% over the next five years, compared to 3.96% over the past 5-year period.
Looking at the support for the SYY, a number of firms have released research notes about the stock. Melius stated their Hold rating for the stock in a research note on December 18, 2024, with the firm’s price target at $85. Guggenheim coverage for the Sysco Corp (SYY) stock in a research note released on May 28, 2024 offered a Buy rating with a price target of $85. Piper Sandler was of a view on November 21, 2023 that the stock is Neutral, while Deutsche Bank gave the stock Buy rating on October 19, 2023, issuing a price target of $75. BofA Securities on their part issued Buy rating on March 09, 2023.
