61.99 -0.73 (-1.16%)
Pre-Market: 7:18AM EST
|Bid||61.17 x 1800|
|Ask||61.99 x 1300|
|Day's Range||62.44 - 63.04|
|52 Week Range||56.01 - 75.98|
|Beta (3Y Monthly)||0.76|
|PE Ratio (TTM)||22.24|
|Earnings Date||Feb 4, 2019|
|Forward Dividend & Yield||1.56 (2.47%)|
|1y Target Est||71.07|
# Sysco Corp ### NYSE:SYY View full report here! ## Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short 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 flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $15.20 billion over the last one-month into ETFs that hold SYY are among the highest of the last year, but the rate of growth is slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator. SYY credit default swap spreads are at their highest levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness. Please send all inquiries related to the report to firstname.lastname@example.org. 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.
Dependable dividend stocks that routinely grow their payouts are welcome in any environment. But they seem especially attractive nowadays. Stock market volatility is back with a vengeance. The Dow Jones Industrial Average went from powering ahead to an all-time high of 26,828 on Oct. 3 to losing 8% in the span of about three weeks. These kinds of rocky markets tend to give investors motion sickness. But they can add a dose of Dramamine to their portfolios - in the form of reliable dividend-growth stocks. "Dividend growers, which tend to be quality companies, have generally shown greater resilience in unsteady markets and could address concerns about dividend stocks in a rising-rate environment," write Tianyin Cheng, director of strategy and ESG Indices at S&P; Dow Jones Indices; and Vinit Srivastava, head of strategy and ESG indices at S&P; Dow Jones Indices. "This argument applies to not only to the U.S. large-cap space, but it also extends to small- and mid-cap segments and international markets." Dividend stocks - both at home and abroad - with long track records of rock-solid rising payments tend to generate superior returns over long periods of time and can help investors weather shorter periods of market turbulence. This is a look at the most reliable long-term dividend stocks in the world. Dubbed the "Dividend Aristocrats," they have raised dividends for at least five straight years (Canadian firms), 10 years (E.U.-based firms) or 25 years (U.S. companies). Such stocks provide reliable and rising income streams - and a sense of security that will help you sleep better at night. We've listed them here alphabetically; take a look. ### SEE ALSO: 25 Stocks Every Retiree Should Own
Syntax Advisors has entered the ETF game with a new smart beta strategy that aims to re-weight widely observed benchmarks, like the S&P 500, based on the components’ business risks instead of the usual ...
Over the past 10 years Sysco Corporation (NYSE:SYY) has been paying dividends to shareholders. The company currently pays out a dividend yield of 2.5% to shareholders, making it a relatively Read More...
Sysco Corporation (SYY) today announced that the Company will webcast its presentation from the 2019 ICR Conference in Orlando, Florida, on Monday, Jan. 14, 2019, at 9:00 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.
Sysco (SYY) has been battling cost-related hurdles for quite some time. Also, the company's international performance witnesses a slowdown in the last reported quarter.
The New York-based hedge fund run by Scott Ferguson said in a letter to its investors that US Foods could benefit from many of the steps taken by its rival Sysco Corp., which was targeted in 2015 by investor Trian Fund Management. Ferguson said in addition to structural industry growth, US Foods could significantly improve margins. “With the help of an activist shareholder, Sysco meaningfully expanded profitability by improving discipline around pricing and increasing focus on high-margin private label goods and lucrative smaller restaurant customers,” Ferguson said in the letter dated Dec. 13 to Sachem Head investors obtained by Bloomberg.
Amid an overall market correction, many stocks that smart money investors were collectively bullish on tanked during the fourth quarter. Among them, Amazon and Netflix ranked among the top 30 picks and both lost around 20%. Facebook, which was the second most popular stock, lost 14% amid uncertainty regarding the interest rates and tech valuations. […]
Houston-based Sysco Corp. (NYSE: SYY), the largest food distributor in the U.S., plans to cut some finance-related jobs next year. The number of jobs to be cut was not disclosed, but most of the affected positions in Houston will be at Sysco's shared services center in Cypress, the Houston Chronicle reports. As of June 30, Sysco had about 67,000 employees companywide, according to Sysco's annual financial report filed with the Securities and Exchange Commission.
Every investor in Sysco Corporation (NYSE:SYY) should be aware of the most powerful shareholder groups. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in Read More...
Sysco Corporation (SYY), the leading global foodservice distribution company, announced today that its e-Commerce platform, Supplies on the Fly, has partnered with Frieda’s Specialty Produce to offer next-day delivery of specialty and exotic produce items to customers across the United States. Exclusively for Sysco customers, Supplies on the Fly is an online ordering platform designed with convenience in mind, enabling foodservice operators to order the restaurant essentials they need, bill it to their Sysco invoice and get it delivered directly to their door.
Conducted training for more than 5,000 Sysco leaders on Diversity and Inclusion fundamentals, inclusive leadership and unconscious bias. Signed a 10-year renewable energy agreement for solar power, supporting the majority of the Company’s electricity load in Texas and accounting for about 10 percent of Sysco’s U.S. electricity usage. “At Sysco, we are proud to be the global leader in foodservice distribution and recognize that with leadership, comes responsibility,” said Tom Bené, chairman, president and chief executive officer, Sysco.
High freight, fuel and labor costs are forcing food distributors to streamline their businesses. US Foods Holding Corp., Performance Foods Group Co., SpartanNash Co. and Sysco Co. all reported rising costs in their latest quarterly earnings. Operating expenses rose 6% at Sysco, the world’s largest food distributor, and 2% at US Foods.
Sysco Corporation (SYY) today announced that the Company will webcast its presentation from the Barclays Eat, Sleep, Play – It’s Not All Discretionary Conference in New York, on Wednesday, December 5, at 11:00 a.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.
Grocery giant Albertsons is buying 10 Tesla Semi trucks, and plans to operate them in Southern California.
Sysco (SYY) announces an 8% hike in its quarterly dividend, taking it from 36 cents a share to 39 cents. This marks the 50th hike for the company.
Sysco's (SYY) U.S. Foodservice division has been performing well for quite some time now. International unit's performance depicted a slowdown in the first quarter.
Sysco Corporation (SYY), the leading global foodservice distribution company, today announced that its board of directors has elected Edward D. Shirley as independent lead director, effective today. This follows the retirement of Jackie M. Ward and the election of Tom Bené as Sysco’s chairman of the board. In his new role, Shirley’s responsibilities will include coordinating the activities of the independent directors and serving as a liaison between the chairman, president and chief executive officer and the other independent directors and helping to facilitate the board's oversight and shareholder responsiveness.