There Is Clear Momentum For Sysco Corp (NYSE: SYY)

Sysco Corp (SYY) concluded trading on Thursday at a closing price of $71.19, with 5.12 million shares of worth about $364.66 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.47% during that period and on March 20, 2025 the price saw a loss of about -1.66%. Currently the company’s common shares owned by public are about 489.47M shares, out of which, 487.99M shares are available for trading.

Stock saw a price change of -2.02% in past 5 days and over the past one month there was a price change of 0.71%. Year-to-date (YTD), SYY shares are showing a performance of -6.89% which decreased to -11.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $69.03 but also hit the highest price of $82.33 during that period. The average intraday trading volume for Sysco Corp shares is 3.54 million. The stock is currently trading -4.21% below its 20-day simple moving average (SMA20), while that difference is down -2.83% for SMA50 and it goes to -4.93% lower than SMA200.

Sysco Corp (NYSE: SYY) currently have 489.47M outstanding shares and institutions hold larger chunk of about 88.75% of that.

The stock has a current market capitalization of $34.83B and its 3Y-monthly beta is at 0.94. PE ratio of stock for trailing 12 months is 18.29, while it has posted earnings per share of $3.89 in the same period. Its PEG reads 2.41 and has Quick Ratio of 0.68 while making debt-to-equity ratio of 6.80. 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 2.41% while standing at 2.26% over the month.

Stock’s fiscal year EPS is expected to rise by 5.95% while it is estimated to increase by 8.48% in next year. EPS is likely to grow at an annualized rate of 7.59% 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 Melius on December 18, 2024 offering a Hold rating for the stock and assigned a target price of $85 to it. Coverage by Guggenheim stated Sysco Corp (SYY) stock as a Buy in their note to investors on May 28, 2024, suggesting a price target of $85 for the stock. On November 21, 2023, Piper Sandler Resumed their recommendations, while on October 19, 2023, Deutsche Bank Initiated their ratings for the stock with a price target of $75. Stock get a Buy rating from BofA Securities on March 09, 2023.

Most Popular

Related Posts