Sysco Corp (SYY) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for Sysco Corp (NYSE: SYY) is above average at 19.38x. The 36-month beta value for SYY is also noteworthy at 1.20. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 9 rating it as “hold,” and 1 rating it as “sell.”

The public float for SYY is 489.99M, and at present, short sellers hold a 2.83% of that float. The average trading volume of SYY on November 05, 2024 was 3.23M shares.

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SYY) stock’s latest price update

The stock price of Sysco Corp (NYSE: SYY) has surged by 0.45 when compared to previous closing price of 75.03, but the company has seen a 0.36% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-29 that SYY’s Q1 2025 results reflect improved earnings and revenues. It projects a 4-5% increase in sales and 6-7% adjusted EPS growth for fiscal 2025.

SYY’s Market Performance

Sysco Corp (SYY) has seen a 0.36% rise in stock performance for the week, with a -0.05% decline in the past month and a 0.24% surge in the past quarter. The volatility ratio for the week is 2.00%, and the volatility levels for the past 30 days are at 1.63% for SYY. The simple moving average for the past 20 days is 0.70% for SYY’s stock, with a -1.00% simple moving average for the past 200 days.

Analysts’ Opinion of SYY

Many brokerage firms have already submitted their reports for SYY stocks, with Guggenheim repeating the rating for SYY by listing it as a “Buy.” The predicted price for SYY in the upcoming period, according to Guggenheim is $85 based on the research report published on May 28, 2024 of the current year 2024.

Piper Sandler, on the other hand, stated in their research note that they expect to see SYY reach a price target of $73. The rating they have provided for SYY stocks is “Neutral” according to the report published on November 21st, 2023.

Deutsche Bank gave a rating of “Buy” to SYY, setting the target price at $75 in the report published on October 19th of the previous year.

SYY Trading at -1.00% 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 -9.07% of loss for the given period.

Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares surge +0.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.32% lower at present.

During the last 5 trading sessions, SYY rose by +0.36%, which changed the moving average for the period of 200-days by +0.21% in comparison to the 20-day moving average, which settled at $74.85. In addition, Sysco Corp saw 3.06% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SYY starting from McFadden Eve M, who sale 4,036 shares at the price of $75.10 back on Nov 01 ’24. After this action, McFadden Eve M now owns 48,451 shares of Sysco Corp, valued at $303,104 using the latest closing price.

McFadden Eve M, the Officer of Sysco Corp, proposed sale 4,036 shares at $75.10 during a trade that took place back on Nov 01 ’24, which means that McFadden Eve M is holding shares at $303,104 based on the most recent closing price.

Stock Fundamentals for SYY

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.18 for the gross margin

The net margin for Sysco Corp stands at 0.02. The total capital return value is set at 0.2. Equity return is now at value 89.64, with 7.90 for asset returns.

Based on Sysco Corp (SYY), the company’s capital structure generated 0.85 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 5.6. The interest coverage ratio of the stock is 5.38.

Currently, EBITDA for the company is 4.48 billion with net debt to EBITDA at 2.66. When we switch over and look at the enterprise to sales, we see a ratio of 0.61. The receivables turnover for the company is 13.74for trailing twelve months and the total asset turnover is 3.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.

Conclusion

In summary, Sysco Corp (SYY) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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