SYY - Sysco Corporation

NYSE - NYSE Delayed Price. Currency in USD
78.24
-0.15 (-0.19%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close78.39
Open78.59
Bid78.04 x 900
Ask78.05 x 800
Day's Range77.99 - 78.88
52 Week Range59.44 - 79.33
Volume3,217,171
Avg. Volume2,841,071
Market Cap40.151B
Beta (3Y Monthly)0.61
PE Ratio (TTM)24.45
EPS (TTM)3.20
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & Yield1.56 (1.99%)
Ex-Dividend Date2019-10-03
1y Target Est74.67
Trade prices are not sourced from all markets
  • 3 Big Stock Charts for Thursday: Western Union, SYSCO and H & R Block
    InvestorPlace

    3 Big Stock Charts for Thursday: Western Union, SYSCO and H & R Block

    The market wasn't sure what to make of the interest rate cut. Stocks spent the better part of the day just a bit in the red, but when thrown for a look by the Federal Reserve's decision to lower rates to the tune of a quarter of a point, they slumped in a measurable way. By the time the closing bell rang though, the S&P 500 was back to just a hair better than a breakeven.Source: Shutterstock The broad market might have fared much better were it not for FedEx (NYSE:FDX). Shares of the delivery giant fell nearly 13% after falling short of last quarter's earnings estimates and then dialing back its 2020 outlook. Chesapeake Energy (NYSE:CHK) was a major drag too though, sliding more than 10% lower as investors unwound their buying spurred earlier this week by news that an attack on oil fields in the Middle East posed a threat to global supply.Among the winners that helped keep the S&P 500 out of the red was General Electric (NYSE:GE), albeit just barely. Shares of the beleaguered industrial giant mustered a little more than a breakeven on the heels of improving confidence in the company's recovery prospects.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 8 Dividend Stocks to Buy for a Recession As for stocks worth a closer inspection moving into today's action, take a look at the stock charts of H & R Block (NYSE:HRB), SYSCO (NYSE:SYY) and The Western Union Company (NYSE:WU). Here's why. Western Union (WU)Were it just the loss shares of The Western Union Company logged on Wednesday, the matter might be dismissible. In fact, it wouldn't even be interesting to take note of.Between the shape of yesterday's intraday action though, and the context in which it happened, it's difficult to ignore. While the bigger-picture uptrend is still completely intact, it's nearing a breaking point, and is more vulnerable now than it has been at any point in the past several months. * Click to EnlargeYesterday's start was a firmly bullish one, but over the course of the day, that gain was turned into a decided loss. Such an intraday swing is concerning, even if it has not yet dragged WU below its blue 20-day moving average line. * The underpinnings for what's quickly turning into a new downtrend, however, is the bar from Sept. 12 (highlighted). After a week and a half of gains leading up and into it, the open and close at the middle of that high/low range. This often occurs at pivot points, in this case out of an uptrend and into a downtrend. * It's only evident on the weekly chart, but this month's red-hot bullishness has pushed Western Union deep into overbought territory, according to the RSI indicator. H & R Block (HRB)Back in late June, H & R Block shares were knocking on the door of a huge technical ceiling. The stock had just pushed up and off of a horizontal floor, and though not yet above a key high, the momentum at the time suggested such a move was likely.It never happened. In fact, HRB stock fell all the way back to near that familiar floor, where it's still applying pressure. The risk of a breakdown still looms large, and another slightly different support level has since come into play. * 10 Companies Making Their CEOs Rich * Click to EnlargeThe big trading range that has remained intact for nearly two years now is framed with yellow dashed lines on both stock charts, plotted between $24 and $29, give or take. * In the meantime, a new rising floor has materialized. Plotted in light blue on both stock charts, it connects all the key lows since June of last year, including yesterday's low. * Although there's bearish momentum in place here, we've seen that before to no avail. A bounce is just as possible given the situation. Either outcome could be tradeworthy though. SYSCO (SYY)Finally, a little more than two months ago, SYSCO was pegged as a good rally candidate. Although at the time it was stalling at the resistance dished out by the 50-day moving average line plotted in purple on both stock charts, the bigger-picture framework boded well.That prospect has since panned out. Although it took a pretty good pullback and then quite a running start to get SYY shares over their hump, now that they are, there's a ton of room to run. * Click to EnlargeThat last look is marked with a yellow arrow on the daily chart. Shares technically moved above it, but had to come back and kiss the white 200-day moving average line to fully regroup. * This rebound effort is still all part of a much bigger trading range that put a new rally in motion late last year. The confines of this expanding wedge pattern are marked in blue dashed lines on the weekly chart. * The same weekly chart suggests SYY stock could climb to $90 or higher before major resistance is met. The broad market, of course, will have to help out for that to happen.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Dividend Stocks to Buy for a Recession * 10 Companies Making Their CEOs Rich * The 7 Best S&P 500 Stocks of 2019 So Far The post 3 Big Stock Charts for Thursday: Western Union, SYSCO and H & R Block appeared first on InvestorPlace.

  • Sysco (SYY) Hits 52-Week High: What's Behind the Rally?
    Zacks

    Sysco (SYY) Hits 52-Week High: What's Behind the Rally?

    Sysco (SYY) is benefiting from focus on its four core strategies, strong U.S. Foodservice unit, buyouts and cost-saving initiatives.

  • Micro Caps Surge as S&P 500 Hesitates at Historic Highs
    Investopedia

    Micro Caps Surge as S&P 500 Hesitates at Historic Highs

    The S&P 500 hesitated at historic highs. Micro caps have surged since September's start, with Chef's Warehouse breaking to new highs.

  • GlobeNewswire

    Sysco to Present and Webcast From the 2019 Wells Fargo Securities Consumer Conference and Beauty Forum

    Sysco Corporation (SYY) today announced that the Company will present and webcast from the 2019 Wells Fargo Securities Consumer Conference & Beauty Forum in Dana Point, CA. The live webcast for the event can be accessed at investors.sysco.com. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its website as the primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.

  • Sysco (SYY) Up 4.6% Since Last Earnings Report: Can It Continue?
    Zacks

    Sysco (SYY) Up 4.6% Since Last Earnings Report: Can It Continue?

    Sysco (SYY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Sysco (NYSE:SYY) Has A Pretty Healthy Balance Sheet
    Simply Wall St.

    Sysco (NYSE:SYY) Has A Pretty Healthy Balance Sheet

    Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

  • Thomson Reuters StreetEvents

    Edited Transcript of SYY earnings conference call or presentation 12-Aug-19 2:00pm GMT

    Q4 2019 Sysco Corp Earnings Call

  • 6 Stocks With Low Price-Sales Ratios
    GuruFocus.com

    6 Stocks With Low Price-Sales Ratios

    FedEx tops the list Continue reading...

  • GlobeNewswire

    Sysco Provides Aid for Hurricane Dorian Relief Efforts

    Sysco Corporation (SYY), the leading global foodservice distribution company, has announced the Company will donate $25,000 to Bahamas Red Cross and provide funds directly to impacted Sysco associates in the aftermath of Hurricane Dorian. In the Bahamas, Sysco operates as Bahamas Food Services, a wholly-owned subsidiary, headquartered in Nassau, New Providence. Bahamas Red Cross is an integral organization for providing critical assistance to disaster relief areas, such as those affected by Hurricane Dorian.

  • GlobeNewswire

    HFM FoodService Becomes Sysco Hawaiʻi at Grand Opening Ceremony

    Sysco Corporation (SYY), the leading global foodservice distribution company, announced that HFM FoodService will officially change its name to Sysco Hawaiʻi today, while celebrating the grand opening of its 3,000 square-foot, state-of-the-art Test Kitchen at the company’s Oahu facility. Additionally, Sysco Hawaiʻi presented the Hawaiʻi Foodbank with a $25,000 donation to reaffirm its commitment to ending hunger, as part of Sysco Hawaiʻi’s Nourishing Neighbors program. HFM has been the leading wholesale foodservice distributor in the Pacific region for more than 50 years, and in October 2017, HFM was acquired by Sysco Corporation, the leading global distributor of food and related products.

  • What Should We Expect From Sysco Corporation's (NYSE:SYY) Earnings In The Next Couple Of Years?
    Simply Wall St.

    What Should We Expect From Sysco Corporation's (NYSE:SYY) Earnings In The Next Couple Of Years?

    The most recent earnings update Sysco Corporation's (NYSE:SYY) released in August 2019 suggested that the company...

  • Will Soft U.S. Soup Sales Hurt Campbell's (CPB) Q4 Earnings?
    Zacks

    Will Soft U.S. Soup Sales Hurt Campbell's (CPB) Q4 Earnings?

    Soft U.S. sales may hurt Campbell's (CPB) fourth-quarter fiscal 2019 results. However, the company's focus on the snacks category and cost-saving efforts bode well.

  • GlobeNewswire

    Sysco to Webcast From the 2019 Barclays Global Consumer Staples Conference

    Sysco Corporation (SYY) today announced that the Company will webcast from the 2019 Barclays Global Consumer Staples Conference in Boston on Wednesday, Sep. 4, 2019, at 12:45 p.m. ET. The live webcast for the event can be accessed at investors.sysco.com. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations portion of its website as the primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.

  • Sysco Gains on Solid U.S. Foodservice Unit Amid High Costs
    Zacks

    Sysco Gains on Solid U.S. Foodservice Unit Amid High Costs

    Sysco (SYY) is benefiting from its four core strategies and strong U.S. Foodservice unit. However, mixed International unit's performance and high costs are concerns.

  • Smucker (SJM) to Report Q1 Earnings: Factors Setting the Tone
    Zacks

    Smucker (SJM) to Report Q1 Earnings: Factors Setting the Tone

    While Smucker's (SJM) first-quarter fiscal 2020 results are likely to be hit by the U.S. baking business divestiture and escalated costs, gains from buyouts will offer some respite.

  • Top Defensive Consumer Stocks for 2018
    Investopedia

    Top Defensive Consumer Stocks for 2018

    These three defensive consumer stocks can add stability to your portfolio. These stocks deal with staples and are less susceptible to market volatility.

  • Motley Fool

    CBS and Viacom Finally Tie It Off

    After years of deliberation, the merger is finally approaching a close, and the entertainment world gets a little smaller.

  • Can United Natural Gain on Strong Brands Despite High Costs?
    Zacks

    Can United Natural Gain on Strong Brands Despite High Costs?

    United Natural (UNFI) gains from strong brands. It is on track with cost-saving efforts. However, rising costs and adverse consumer mix are hurdles.

  • Benzinga

    Sysco Delivers: Street Remains Bullish On Food Service Company After Q4 Beat

    Wall Street analysts remained bullish on Sysco Corporation (NYSE: SYY) Tuesday after the food distributor beat expectations on earnings despite lower volume growth thanks to strong cost containment. Sysco posted fourth-quarter earnings of $1.10 per share, topping the Street’s $1.06 estimate, with the company citing low operating expense growth and a lower tax rate. Buckingham Research analyst Bob Summers reiterated a Buy rating on Sysco with an $84 price target.

  • Sysco (SYY) to Bolster Portfolio With the Buyout of J. Kings
    Zacks

    Sysco (SYY) to Bolster Portfolio With the Buyout of J. Kings

    Buyout of J. Kings Food Service Professionals is likely to strengthen Sysco's (SYY) distribution network in New York.

  • Company News For Aug 13, 2019
    Zacks

    Company News For Aug 13, 2019

    Companies In The News Are: KHC,SYY,CBS,VIAB,CLDR

  • GlobeNewswire

    Sysco Acquires J. Kings Food Service Professionals

    Sysco Corporation (SYY), the leading global foodservice distribution company, today announced it has acquired J. Kings Food Service Professionals, a New York broadline distributor with approximately $150 million in annual sales. J. Kings Food Service Professionals, headquartered in Holtsville, New York, was founded by John King more than 45 years ago. Today, the company has grown to one of the leading independent broadline distributors in the New York area, also servicing customers in Connecticut and New Jersey.

  • What Happened in the Stock Market Today
    Motley Fool

    What Happened in the Stock Market Today

    Trade worries shook the market again, but Sysco rose on strong profit growth. Meanwhile, CannTrust Holdings revealed new findings of regulatory noncompliance.

  • Sysco Corp (SYY) Q4 2019 Earnings Call Transcript
    Motley Fool

    Sysco Corp (SYY) Q4 2019 Earnings Call Transcript

    SYY earnings call for the period ending June 29, 2019.

  • Sysco (SYY) Q4 Earnings Surpass Estimates, Revenues Miss
    Zacks

    Sysco (SYY) Q4 Earnings Surpass Estimates, Revenues Miss

    Sysco's (SYY) top and bottom lines improve year over year in Q4. However, sales miss for the sixth consecutive time.