US Foods Holding Corp. (NYSE:USFD) Receives $67.08 Average PT from Brokerages

Shares of US Foods Holding Corp. (NYSE:USFD) have been given an average recommendation of “Buy” by the thirteen analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $67.08.

Several analysts recently issued reports on USFD shares. Melius initiated coverage on US Foods in a research note on Wednesday, December 18th. They set a “buy” rating and a $12.00 target price on the stock. Barclays lifted their price objective on shares of US Foods from $71.00 to $78.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Melius Research upgraded shares of US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. JPMorgan Chase & Co. lifted their price target on shares of US Foods from $68.00 to $69.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Finally, UBS Group boosted their target price on US Foods from $67.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, November 8th.

US Foods Stock Performance

USFD opened at $67.39 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.19 and a quick ratio of 0.72. US Foods has a 1-year low of $44.81 and a 1-year high of $72.84. The company has a 50 day simple moving average of $67.30 and a two-hundred day simple moving average of $60.43. The firm has a market cap of $15.70 billion, a P/E ratio of 28.92, a PEG ratio of 1.15 and a beta of 1.68.

Hedge Funds Weigh In On US Foods

A number of large investors have recently bought and sold shares of USFD. Acadian Asset Management LLC purchased a new position in shares of US Foods in the 2nd quarter valued at $25,000. Quent Capital LLC grew its stake in US Foods by 87.6% during the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after buying an additional 219 shares during the last quarter. International Assets Investment Management LLC acquired a new position in US Foods during the 2nd quarter valued at about $30,000. Ashton Thomas Securities LLC purchased a new stake in US Foods in the third quarter valued at about $31,000. Finally, Huntington National Bank raised its stake in US Foods by 332.5% in the third quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after buying an additional 409 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.

About US Foods

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.