Sysco Corp (NYSE: SYY) has a price-to-earnings ratio that is above its average at 19.64x. The stock has a 36-month beta value of 1.20. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 3 as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for SYY is 489.96M, and at present, short sellers hold a 2.79% of that float. On November 27, 2024, the average trading volume of SYY was 3.34M shares.
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SYY) stock’s latest price update
Sysco Corp (NYSE: SYY) has seen a decline in its stock price by -0.64 in relation to its previous close of 76.88. However, the company has experienced a 2.67% gain in its stock price over the last five trading sessions. forbes.com reported 2024-11-18 that Sysco has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ”DividendRank” statistics including a strong 2.7% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company’s products and services, as well as the company’s efficiency in terms of its use of energy and resources.
SYY’s Market Performance
SYY’s stock has risen by 2.67% in the past week, with a monthly rise of 1.72% and a quarterly drop of -0.37%. The volatility ratio for the week is 1.59% while the volatility levels for the last 30 days are 1.84% for Sysco Corp The simple moving average for the past 20 days is 0.72% for SYY’s stock, with a 0.60% 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 0.98% 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 -7.84% of loss for the given period.
Volatility was left at 1.84%, however, over the last 30 days, the volatility rate increased by 1.59%, as shares surge +2.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.79% lower at present.
During the last 5 trading sessions, SYY rose by +2.67%, which changed the moving average for the period of 200-days by -4.56% in comparison to the 20-day moving average, which settled at $75.85. In addition, Sysco Corp saw 4.46% 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 Talton Sheila, who sale 2,900 shares at the price of $74.63 back on Nov 19 ’24. After this action, Talton Sheila now owns 12,955 shares of Sysco Corp, valued at $216,427 using the latest closing price.
Talton Sheila, the Director of Sysco Corp, proposed sale 2,900 shares at $74.62 during a trade that took place back on Nov 19 ’24, which means that Talton Sheila is holding shares at $216,412 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 4.17 billion with net debt to EBITDA at 3.03. When we switch over and look at the enterprise to sales, we see a ratio of 0.63. 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
To sum up, Sysco Corp (SYY) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
