|Bid||70.13 x 800|
|Ask||73.68 x 800|
|Day's Range||72.57 - 73.32|
|52 Week Range||59.44 - 75.98|
|Beta (3Y Monthly)||0.66|
|PE Ratio (TTM)||22.80|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||1.56 (2.16%)|
|1y Target Est||74.67|
These three defensive consumer stocks can add stability to your portfolio. These stocks deal with staples and are less susceptible to market volatility.
United Natural (UNFI) gains from strong brands. It is on track with cost-saving efforts. However, rising costs and adverse consumer mix are hurdles.
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 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.
Trade worries shook the market again, but Sysco rose on strong profit growth. Meanwhile, CannTrust Holdings revealed new findings of regulatory noncompliance.
U.S. stock futures plunged ahead of trading on concerns that the trade war could push the global and domestic economies into a full-blown recession
Sysco (SYY) delivered earnings and revenue surprises of 2.80% and -0.52%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Sysco (NYSE: SYY ) reported fourth-quarter earnings of $1.10 per share, which beat the analyst consensus estimate of $1.06 by 3.77%. This is a 17.02% increase over earnings of 94 cents per share from the ...
Shares of Sysco Corp. surged 3.2% in premarket trading Monday, after the food-service company reported fiscal fourth-quarter profit that beat expectations, while sales came up short. Net income for the quarter to June 29 rose to $535.8 million, or $1.03 a share, from $448.9 million, or 85 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share rose 17% to $1.10, above the FactSet consensus of $1.06. Sales grew 1.0% to $15.47 billion, below the FactSet consensus of $15.62 billion, as U.S. food service sales increased 2.8% to $10.7 billion and international food service sales fell 0.8% to $2.9 billion. The stock has lost 5.4% over the past three months through Friday but has gained 11.7% year to date, while the Dow Jones Industrial Average has tacked on 1.3% the past three months and rallied 12.7% this year.
HOUSTON, Aug. 12, 2019 -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week fourth fiscal quarter and its fiscal year ended June 29, 2019. Fourth.
Sysco's (SYY) Q4 earnings are likely to gain from strength in the U.S. Foodservice unit, solid buyouts and focus on core strategies amid cost-related hurdles.
Rising input costs are troubling most companies in the food space. Nevertheless, cost-saving and brand-augmenting efforts are expected to offer respite.
Buy food distributor Sysco on weakness to its monthly value level at $67.68, which is just above its 200-day simple moving average at $68.06.
Sysco (SYY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at https://twitter.com/Sysco. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information.