|Bid||61.77 x 1000|
|Ask||75.00 x 800|
|Day's Range||66.77 - 67.55|
|52 Week Range||58.12 - 75.98|
|Beta (3Y Monthly)||0.69|
|PE Ratio (TTM)||24.11|
|Earnings Date||May 6, 2019|
|Forward Dividend & Yield||1.56 (2.34%)|
|1y Target Est||70.67|
Long-term income investors know that yield isn't everything when it comes to dividend stocks. Steadily rising payouts pay off down the road, too.Not only do rising dividends lift the yield on an investor's original cost basis, they're indicative of a firm's ability to withstand the economy's - and the market's - inevitable ups and downs."Dividend growers tend to be quality franchises built to weather diverse market environments," BlackRock portfolio manager Tony DeSpirito and now-retired BlackRock PM Robert Shearer wrote in a 2015 report. "If you think about it, these are generally high-quality businesses with ample free cash flow, and that's precisely what's needed to grow the dividend. So you have a very attractive combination of quality franchises, solid balance sheets and positive trends in cash flow and earnings."The Dividend Aristocrats are companies in Standard & Poor's 500-stock index that have raised their payouts every year for at least 25 consecutive years. They are a host of household names that offer size, longevity and familiarity, providing comfort amid market uncertainty.Here are the current 57 Dividend Aristocrats - including several new faces that were just added in January 2019. These have been among the best dividend stocks for income growth over the past few decades, and they're a great place to start if you're looking to add new dividend holdings to your long-term portfolios. SEE ALSO: 20 Top Stock Picks the Analysts Love for 2019
Sysco Corporation (SYY) today kicks-off its third annual employee volunteer initiative, Sysco Gives Back Weeks, as part of the Company’s charitable giving strategic focus to provide healthy and nutritious meals to children, families and seniors in underserved communities. This two-week effort supports the Company’s core community partners who are focused on hunger relief, and provides Houston-based employees with an array of opportunities to volunteer during regular work hours, including onsite events at both Corporate campuses and Sysco Houston, the Company’s local operating company. The Company will also host Saturday events to allow employees to volunteer as a family.
Sysco Corp NYSE:SYYView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for SYY with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting SYY. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding SYY totaled $14.49 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. SYY credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Sysco Corporation (SYY) today announced that the Company will webcast its presentation from the 2019 CAGNY Conference in Boca Raton, Florida, on Tuesday, Feb. 19, 2019, at 11:00 a.m. ET. The live webcast and slide presentation 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.
"These changes will help us increase agility, reduce costs and accelerate decision-making across the business by getting closer to our customers and better aligning our resources to support and address their evolving needs."
climbed 4.81% to $66.63 Monday after the food distributor beat Wall Street's second-quarter earnings expectations. The Houston-based company reported net income of $267.4 million, or 51 cents a share, down from $284.1 million, or 54 cents a share a year ago. Sysco posted revenue of $14.77 billion, up from $14.4 billion a year ago.
Stocks were mixed as investors anticipated another busy week for corporate earnings and the release of a host of economic data, which had previously been delayed due to the month-long partial government shutdown.
The stock market continues to grind higher, which isn't a surprise given that a majority of companies are beating earnings estimates. It helps when the Federal Reserve is playing to the bulls' side rather than the bears' side. Let's look at some top stock trades for Tuesday. ### Top Stock Trades for Tomorrow #1: Cronos Group What an absolute beast Cronos Group (NYSE:CRON) has been. The market initially ignored the company's $1.8 billion investment from Altria (NYSE:MO) as it was in a fit of irrational selling. But after the Christmas Eve meltdown, investors came back to CRON. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 4 Top Marijuana Penny Stocks to Take Seriously in 2019 Shares have gone from $10 to a high of $25 now. With a 90 RSI, it's technically possible for CRON to continue higher, although a pullback could strike at any moment and it would be warranted. CRON was kind enough to give our Aurora Cannabis (NYSE:ACB) a huge breakout on Monday as well, but for those that have missed these cannabis trades, it's best to take a pass for now. Cronos can continue higher, technically speaking, but buyers could eat big-time losses even after a moderate cool down. ### Top Stock Trades for Tomorrow #2: Netflix After jumping on earnings -- despite a more than 50% rally ahead of its quarterly results earlier this month -- Netflix (NASDAQ:NFLX) needed to pullback to digest some of this move. That pullback looks complete as share flirt with another breakout. The immediate price action for Netflix may hinge on how Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG) trades following its earnings after the close on Monday. But short of a disaster, NFLX is poised for a big move. Not only is downtrend resistance just above current levels, but so is the three-day open/close range from its earnings move. A close above this mark could kickstart a move up to the $375 to $380 level. ### Top Stock Trades for Tomorrow #3: AMD Speaking of tight earnings ranges, look at Advanced Micro Devices (NASDAQ:AMD). After surging almost 30% in just two days after earnings, AMD is barely giving up any of those gains. In fact, it's consolidating very nicely in this tight little range, something that I expect to resolve to the upside. Worth noting is that Monday's high is about where AMD opened on Friday before falling, near $24.65. Let's see AMD get through this level and hold it to trigger a breakout. ### Top Stock Trades for Tomorrow #4: Sysco After beating on earnings, Sysco (NYSE:SYY) is rallying. However, it's well off the session highs, as resistance keeps the name in check. Is it the $67 level, downtrend resistance (purple line) or the 200-day moving average acting as resistance? Who knows. Perhaps all three. As long as SYY holds above $64 though, it's technically okay. However, I'd love to see it retest this resistance area in the next few days. Should it eventually break through, look for a possible run into the low-$70s. If it can't, I want to see the 50-day moving average hold as support, as well as $64. ### Top Stock Trades for Tomorrow #5: Pyxus International Rarely talked about here is Pyxus International (NYSE:PYX). However, this name popped up on traders' radar after its 14% rally on Monday. This name has been choppy and volatile over the past few days, although with its $135 million market cap, not many may have noticed. * 10 F-Rated Stocks That Could Break Your Portfolio For those that are trading this name despite its small size and low volume, make sure it stays above this $15 to $15.50 area if you're long. If it gains some momentum, maybe it fills the gap back up to $22.50. If it loses $15 though, its 50-day moving average is likely next in line. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long GOOGL. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 S&P 500 Stocks to Buy That Tore Up Earnings * 10 Cold Weather Stocks to Heat Up Your Returns * The 7 Best Penny Stocks to Buy Compare Brokers The post 5 Top Stock Trades for Tuesday: NFLX, CRON, AMD appeared first on InvestorPlace.
Ryan McQueeney discusses news involving Papa John's, Tesla, Clorox, and Sysco. Later, he previews Alphabet's upcoming earnings announcement and explains what investors should watch for in the internet giant's report.
The narrow-moat firm's results show that it is withstanding intense competitive and macro headwinds well, and our long-term outlook remains.
Papa John's PZZA — Shares of the embattled pizza maker rose nearly 9 percent after the company announced Starboard Value has taken a $200 million stake in the company . Starboard CEO Jeffrey Smith was also named the new Papa John's chairman. Maxwell Technologies MXWL — Tesla announced it was acquiring Maxwell Technologies for about $218 million , sending the energy technology company's stock up more than 49 percent.
Sysco Corporation (SYY) Q2 earnings decline year over year, while sales grow. The company continues to make business investments, especially in the international unit.
Eearnings reports to this point, based on strong consumer confidence and historically robust employment data (see Friday's 300K+ new jobs created last month), have been surprisingly positive amid these various and unpredictable headwinds.
Sysco (SYY) delivered earnings and revenue surprises of 4.17% and -0.59%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
Shares of food services company Sysco Corp. rose 2.7% in premarket trade Monday, after the company posted better-than-expected profit for its fiscal second quarter. The company said it had net income of $267.4 million, or 51 cents a share, in the quarter to Dec. 29, down from $284.1 million, or 54 cents a share, in the year-earlier period. Adjusted per-share earnings came to 75 cents, ahead of the 73 cents FactSet consensus. Sales rose to $14.8 billion from $14.4 billion, matching the FactSet consensus. Sales at the company's U.S. foodservice operations rose 4.2% to $10.1 billion, while sales at the international division rose 0.8% to $2.9 billion. Shares have gained 3.9% in the last 12 months, while the S&P 500 has fallen 2.0%.
Investing.com - Clorox and Sysco surged on Monday, pushing consumer staples higher as both companies delivered above-consensus earnings.
The Houston-based company said it had profit of 51 cents per share. Earnings, adjusted for restructuring costs and pretax expenses, were 75 cents per share. The results surpassed Wall Street expectations. ...
HOUSTON, Feb. 04, 2019 -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week second fiscal quarter ended December 29, 2018. Second Quarter Fiscal.
My opinion is that this was a field position and defense game, an intellectual masterpiece pitting one coach versus another. This does not surprise me, as attention spans have shortened and intellectual depth has waned across our society over time. Overlooked skill sets required in managing field position (net basis), and in consistent, competent defense (diversification, revenue generation) are now, and likely always will be, how championships are won when outcomes are uncertain.