Stock Research Monitor: HAIN, UNFI, and USFD
LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want a free Stock Review on SYY sign up now at www.wallstequities.com/registration. On May 21st, 2018, First Research reported that rising global populations and demand for food are expected to drive growth in the food distribution industry, especially in emerging markets where disposable incomes are growing. Because of the perishability of many of the products they distribute, Food Wholesalers typically operate within a single country or region. Ahead of today's trading session, WallStEquities.com covers the recent performance of: Sysco Corp. (NYSE: SYY), The Hain Celestial Group Inc. (NASDAQ: HAIN), United Natural Foods Inc. (NASDAQ: UNFI), and US Foods Holding Corp. (NYSE: USFD). All you have to do is sign up today for this free limited time offer by clicking the link below.
Houston, Texas headquartered Sysco Corp.'s stock finished Wednesday's session 1.38% higher at $66.05 with a total trading volume of 2.30 million shares. The Company's shares have advanced 5.61% in the past month, 10.73% over the previous three months, and 21.86% over the past year. The stock is trading above its 50-day and 200-day moving averages by 6.84% and 13.28%, respectively. Furthermore, shares of Sysco, which through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the US, Canada, Bahamas, Mexico, Costa Rica, Panama, the UK, France, Sweden, Ireland, Belgium, Spain, and Luxembourg, have a Relative Strength Index (RSI) of 75.35.
On May 02nd, 2018, research firm Pivotal Research Group reiterated its ‘Buy' rating on the Company's stock with a decrease of the target price from $61 a share to $56 a share.
On May 24th, 2018, Sysco announced that its Board of Directors declared a regular quarterly cash dividend of $0.36 per share, payable on July 27th, 2018, to common shareholders of record at the close of business on July 06th, 2018. Get the full research report on SYY for free by clicking below at:
Hain Celestial Group
Shares in Lake Success, New York headquartered The Hain Celestial Group Inc. ended at $26.13, up 1.95% from the last trading session. The stock recorded a trading volume of 809,885 shares. The Company's shares are trading 11.64% below their 50-day moving average. Moreover, shares of Hain Celestial, which manufactures, markets, distributes, and sells organic and natural products, have an RSI of 36.17.
On May 08th, 2018, research firm Maxim Group reiterated its ‘Buy' rating on the Company's stock with an increase of the target price from $50 a share to $40 a share.
On May 08th, 2018, Hain Celestial reported its results for Q3 ended March 31st, 2018. Net sales for the quarter were $632.7 million, gross margin was 21.0%, and operating income was $29.3 million. Net income for Q3 of fiscal 2018 was $25.2 million, and EBITDA was $51.5 million. Gain free access to the research report on HAIN at:
United Natural Foods
Providence, Rhode Island headquartered United Natural Foods Inc.'s stock ended yesterday's session 2.58% higher at $46.55. A total volume of 553,018 shares was traded, which was above their three months average volume of 450,150 shares. The Company's shares have advanced 3.40% in the past month, 9.09% over the previous three months, and 17.08% over the past year. The stock is trading 4.54% and 7.42% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the US and Canada, have an RSI of 59.62.
On May 23rd, 2018, United Natural Foods announced that it will release its financial results for Q3 FY18 ended April 28th, 2018, after market close on June 06th, 2018. Management will host a conference call on the same day at 5:00 p.m. ET to discuss the results, market trends, and outlook. Signing up today on Wall St. Equities will give you access to the latest report on UNFI at:
US Foods Holding
On Wednesday, shares in Rosemont, Illinois headquartered US Foods Holding Corp. recorded a trading volume of 1.91 million shares. The stock finished 1.55% higher at $36.11. The Company's shares have advanced 5.65% in the last month, 8.15% in the previous three months, and 20.69% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.69% and 17.76%, respectively. Furthermore, shares of the Company, which through its subsidiary, US Foods, Inc., markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the US, have an RSI of 66.82.
On May 15th, 2018, research firm Morgan Stanley upgraded the Company's stock rating from ‘Equal-Weight' to ‘Overweight'.
On May 22nd, 2018, US Foods announced that its CFO, Dirk Locascio, will present at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference on June 05th, 2018, at 10:05 a.m. EST in New York City. A live audio webcast will be available under the Investor Relations page of the Company's website. Register now for today's free coverage on USFD at:
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Wall St. Equities