Sysco Corporation (NYSE:SYY) went up by 1.51% from its latest closing price compared to the recent 1-year high of $86.73. The company’s stock price has collected -0.03% of loss in the last five trading sessions. Press Release reported on 11/22/21 that Sysco Announces Science-Based Climate Goal, Leads U.S. Foodservice Distribution Industry by Committing to Reduce Emissions by 2030
Is It Worth Investing in Sysco Corporation (NYSE :SYY) Right Now?
Sysco Corporation (NYSE:SYY) scored a price-to-earnings ratio above its average ratio, recording 57.53 x from its present earnings ratio. Plus, the 36-month beta value for SYY is at 1.33. Opinions of the stock are interesting as 6 analysts out of 15 who provided ratings for Sysco Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $89.67, which is $13.19 above the current price. SYY currently public float of 512.17M and currently shorts hold a 1.55% ratio of that float. Today, the average trading volume of SYY was 2.18M shares.
SYY’s Market Performance
SYY stocks went down by -0.03% for the week, with a monthly drop of -1.97% and a quarterly performance of -3.34%, while its annual performance rate touched 7.29%. The volatility ratio for the week stands at 2.36% while the volatility levels for the past 30 days are set at 2.34% for Sysco Corporation. The simple moving average for the period of the last 20 days is -0.95% for SYY stocks with a simple moving average of -2.82% for the last 200 days.
Analysts’ Opinion of SYY
Many brokerage firms have already submitted their reports for SYY stocks, with UBS repeating the rating for SYY by listing it as a “Buy.” The predicted price for SYY in the upcoming period, according to UBS is $89 based on the research report published on July 29th of the current year 2021.
JP Morgan, on the other hand, stated in their research note that they expect to see SYY reach a price target of $76. The rating they have provided for SYY stocks is “Neutral” according to the report published on January 25th, 2021.
BMO Capital Markets gave a rating of “Outperform” to SYY, setting the target price at $88 in the report published on November 10th of the previous year.
SYY Trading at -2.99% from the 50-Day Moving Average
After a stumble in the market that brought SYY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.78% of loss for the given period.
Volatility was left at 2.34%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares sank -0.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.96% upper at present.
During the last 5 trading sessions, SYY fell by -0.03%, which changed the moving average for the period of 200-days by +0.39% in comparison to the 20-day moving average, which settled at $77.21. In addition, Sysco Corporation saw 3.03% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at SYY starting from Zielinski Anita A, who sale 3,611 shares at the price of $83.00 back on Oct 08. After this action, Zielinski Anita A now owns 8,233 shares of Sysco Corporation, valued at $299,713 using the latest closing price.
Zielinski Anita A, the SVP & CAO of Sysco Corporation, sale 34,737 shares at $81.83 during a trade that took place back on Sep 27, which means that Zielinski Anita A is holding 8,233 shares at $2,842,578 based on the most recent closing price.
Stock Fundamentals for SYY
Current profitability levels for the company are sitting at:
- +2.96 for the present operating margin
- +17.01 for the gross margin
The net margin for Sysco Corporation stands at +1.02. The total capital return value is set at 10.25, while invested capital returns managed to touch 3.83. Equity return is now at value 45.30, with 3.10 for asset returns.
Based on Sysco Corporation (SYY), the company’s capital structure generated 761.17 points at debt to equity in total, while total debt to capital is 88.39. Total debt to assets is 55.20, with long-term debt to equity ratio resting at 722.69. Finally, the long-term debt to capital ratio is 83.92.
When we switch over and look at the enterprise to sales, we see a ratio of 0.85, with the company’s debt to enterprise value settled at 0.25. The receivables turnover for the company is 15.11 and the total asset turnover is 2.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.