Providing a diverse range of perspectives from bullish to bearish, 10 analysts have published ratings on Sysco SYY in the last three months.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 5 | 3 | 2 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 3 | 3 | 2 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $84.6, along with a high estimate of $87.00 and a low estimate of $79.00. A decline of 3.86% from the prior average price target is evident in the current average.
Exploring Analyst Ratings: An In-Depth Overview
A clear picture of Sysco's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Jake Bartlett | Truist Securities | Lowers | Buy | $85.00 | $87.00 |
John Heinbockel | Guggenheim | Announces | Buy | $85.00 | - |
Lauren Silberman | Deutsche Bank | Lowers | Buy | $86.00 | $90.00 |
Jeffrey Bernstein | Barclays | Lowers | Overweight | $85.00 | $88.00 |
Kelly Bania | BMO Capital | Lowers | Outperform | $85.00 | $90.00 |
John Ivankoe | JP Morgan | Lowers | Overweight | $85.00 | $87.00 |
Brian Harbour | Morgan Stanley | Lowers | Equal-Weight | $82.00 | $84.00 |
Jake Bartlett | Truist Securities | Lowers | Buy | $87.00 | $91.00 |
Mark Carden | UBS | Lowers | Buy | $87.00 | $92.00 |
Brian Mullan | Piper Sandler | Lowers | Neutral | $79.00 | $83.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sysco. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Sysco compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Sysco's stock. This examination reveals shifts in analysts' expectations over time.
Capture valuable insights into Sysco's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Sysco analyst ratings.
Discovering Sysco: A Closer Look
Sysco is the largest US foodservice distributor with 17% share of the highly fragmented $370 billion domestic market. It distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%), and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its US foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments contributed the rest.
Breaking Down Sysco's Financial Performance
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Sysco's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 2.67%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Staples sector.
Net Margin: Sysco's net margin excels beyond industry benchmarks, reaching 2.19%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Sysco's ROE excels beyond industry benchmarks, reaching 18.85%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Sysco's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.72%, the company showcases efficient use of assets and strong financial health.
Debt Management: Sysco's debt-to-equity ratio surpasses industry norms, standing at 6.24. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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