US Foods Holding Corp. (NYSE:USFD) Receives Average Rating of “Buy” from Brokerages

US Foods Holding Corp. (NYSE:USFD) has been given a consensus recommendation of “Buy” by the thirteen ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $68.92.

USFD has been the topic of several research reports. Truist Financial raised their price objective on shares of US Foods from $74.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. Melius Research upgraded US Foods to a “strong-buy” rating in a research report on Wednesday, December 18th. Melius assumed coverage on US Foods in a research report on Wednesday, December 18th. They set a “buy” rating and a $12.00 price objective for the company. StockNews.com raised US Foods from a “buy” rating to a “strong-buy” rating in a report on Thursday, October 10th. Finally, Jefferies Financial Group increased their price target on US Foods from $79.00 to $82.00 and gave the stock a “buy” rating in a report on Monday, December 16th.

Hedge Funds Weigh In On US Foods

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quent Capital LLC raised its stake in shares of US Foods by 87.6% in the 3rd quarter. Quent Capital LLC now owns 469 shares of the company’s stock worth $29,000 after buying an additional 219 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in US Foods in the third quarter worth about $31,000. Huntington National Bank lifted its holdings in US Foods by 332.5% in the 3rd quarter. Huntington National Bank now owns 532 shares of the company’s stock valued at $33,000 after acquiring an additional 409 shares during the last quarter. Capital Performance Advisors LLP bought a new position in shares of US Foods during the 3rd quarter valued at about $34,000. Finally, R Squared Ltd acquired a new position in shares of US Foods in the 4th quarter worth approximately $34,000. 98.76% of the stock is owned by institutional investors.

US Foods Trading Up 1.7 %

Shares of US Foods stock opened at $70.71 on Thursday. The company has a fifty day simple moving average of $68.68 and a 200-day simple moving average of $62.38. US Foods has a 12-month low of $45.15 and a 12-month high of $72.84. The company has a current ratio of 1.19, a quick ratio of 0.72 and a debt-to-equity ratio of 1.01. The stock has a market cap of $16.47 billion, a price-to-earnings ratio of 30.35, a PEG ratio of 0.93 and a beta of 1.67.

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.