Analysts Set US Foods Holding Corp (USFD) Target Price at $29.05

Shares of US Foods Holding Corp (NASDAQ:USFD) have been given a consensus rating of “Buy” by the thirteen ratings firms that are presently covering the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $29.05.

A number of analysts recently issued reports on the company. BMO Capital Markets lifted their price objective on US Foods Holding Corp to $29.00 and gave the company a “market perform” rating in a research report on Tuesday, February 21st. Zacks Investment Research cut US Foods Holding Corp from a “buy” rating to a “hold” rating in a research report on Wednesday, January 11th. Wells Fargo & Co reaffirmed a “buy” rating on shares of US Foods Holding Corp in a research report on Wednesday, February 15th. Guggenheim boosted their price target on US Foods Holding Corp from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Monday, January 30th. Finally, Royal Bank of Canada began coverage on US Foods Holding Corp in a research report on Tuesday, January 24th. They issued an “outperform” rating and a $32.00 price target for the company.

Shares of US Foods Holding Corp (NASDAQ:USFD) opened at 26.77 on Tuesday. The stock has a 50 day moving average of $27.30 and a 200 day moving average of $25.11. The stock has a market capitalization of $5.92 billion and a PE ratio of 25.99. US Foods Holding Corp has a 52-week low of $22.19 and a 52-week high of $27.94.

US Foods Holding Corp (NASDAQ:USFD) last released its quarterly earnings data on Wednesday, February 15th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.10. The firm had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.68 billion. US Foods Holding Corp’s revenue for the quarter was down 4.3% compared to the same quarter last year. Analysts forecast that US Foods Holding Corp will post $1.34 earnings per share for the current year.

In related news, major shareholder Dubilier & Rice Fund V. Clayton sold 20,700,000 shares of the business’s stock in a transaction dated Tuesday, January 31st. The stock was sold at an average price of $26.00, for a total transaction of $538,200,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

A number of institutional investors have recently modified their holdings of USFD. Vident Investment Advisory LLC purchased a new position in shares of US Foods Holding Corp during the fourth quarter valued at about $414,000. Norges Bank purchased a new position in shares of US Foods Holding Corp during the fourth quarter valued at about $13,392,000. Nokota Management LP purchased a new position in shares of US Foods Holding Corp during the fourth quarter valued at about $5,420,000. Cigna Investments Inc. New purchased a new position in shares of US Foods Holding Corp during the fourth quarter valued at about $1,399,000. Finally, Partners Group Holding AG purchased a new position in shares of US Foods Holding Corp during the fourth quarter valued at about $36,640,000.

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US Foods Holding Corp Company Profile

US Foods Holding Corp. is a holding company. The Company is a foodservice distributor in the United States. It conducts all of its operations through its subsidiary, US Foods, Inc It markets and distributes fresh, frozen and dry food and non-food products to foodservice customers throughout the United States.

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