79.21 0.00 (0.00%)
After hours: 5:01PM EDT
|Bid||78.88 x 800|
|Ask||79.30 x 800|
|Day's Range||78.81 - 79.43|
|52 Week Range||59.44 - 79.74|
|Beta (3Y Monthly)||0.60|
|PE Ratio (TTM)||24.75|
|Earnings Date||Nov 4, 2019|
|Forward Dividend & Yield||1.56 (1.98%)|
|1y Target Est||75.42|
Sysco (SYY) gains from strong U.S. Foodservice unit and is on track with fiscal 2020 growth plans. However, mixed International unit's performance and high costs are concerns.
A little more than two months ago, SYSCO Corporation (NYSE: SYY) was pegged as a good rally candidate due to its rapidly growing earnings and it is surely an attractive prospect for further research. Strong growth of the Sysco is making many analysts keep an eye on its stock. The company just announced the availability of nine new products exclusively for customers through its Cutting Edge Solutions platform.
There are several ways to beat the market, and investing in small cap stocks has historically been one of them. We like to improve the odds of beating the market further by examining what famous hedge fund operators such as Jeff Ubben, George Soros and Carl Icahn think. Those hedge fund operators make billions of […]
You might start to hear more about the "Dividend Kings" over the next few months. Small wonder: Stocks that have boasted uninterrupted dividend growth for a half-century or more might be an ideal place to hide out amid increased economic uncertainty.Sluggish global growth, rising recession risks and a stock market that hasn't gone anywhere over the past 52 weeks have some market strategists banging the drum for quality stocks. "A focus on quality stocks can allow investors to stay in the market to benefit from potential upturns, but with a measure of prudence built in to buffer downturns," says Tony DeSpirito, head of BlackRock's U.S. Income and Value team. And nothing says quality more than stocks that haven't missed a dividend hike in decades. "When a company is reliably able to boost its dividend for years or even decades, this may suggest it has a certain amount of financial strength and discipline," says Tianyin Cheng, director of Strategy and Volatility Indices at S&P; Dow Jones Indices.Investors can find such dividend machines within the ranks of the Dividend Kings. You've surely heard of the Dividend Aristocrats -- companies in Standard & Poor's 500-stock index that have raised their payouts every year for a minimum of 25 consecutive years. The Dividend Kings are Aristocrats that have done it for at least 50. Here, then, are the current 15 Dividend Kings. These have been among the best of the best dividend stocks for income growth since at least the late 1960s. Any company with that kind of track record clearly makes its dividend a top priority -- and one that investors can count on through thick and thin. SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
TreeHouse Foods (THS) has been undertaking buyouts to enhance its portfolio. Also, the company focuses on exiting underperforming businesses and shifting focus toward areas with high growth potential.
Sysco Corporation (SYY), the leading global foodservice distribution company, announced the availability of nine new products exclusively for customers through its Cutting Edge Solutions platform. Designed to enable our customers to succeed by differentiating themselves in an evolving and competitive business environment, Cutting Edge Solutions products are sourced from leading and up-and-coming suppliers and assists customers with refreshing their menus, driving increased traffic and streamlining back-of-house operations. Since its inception in October 2015, Cutting Edge Solutions has delivered over 3.5 million cases of new, on-trend, innovative product offerings to customers.
Sysco Corporation (NYSE:SYY) is about to trade ex-dividend in the next 4 days. If you purchase the stock on or after...
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.
The S&P 500 hesitated at historic highs. Micro caps have surged since September's start, with Chef's Warehouse breaking to new highs.
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 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.
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.
The most recent earnings update Sysco Corporation's (NYSE:SYY) released in August 2019 suggested that the company...
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.
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 (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.
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.