オプションチェーンは、Syscoの株式オプションの主要データを様々な行使価格と満期日で表示します。トレーダーはこの情報を使用して、潜在的な取引を分析し、Syscoの市場センチメントを評価します。.

Sysco (NYSE:SYY) 株価情報, オプションチェーン

Sysco

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 2024 revenue), education and government buildings (7%), travel and leisure (6%), healthcare facilities (7%), and other locations (18%) where individuals consume away-from-home meals. In fiscal 2024, 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.

Sysco Corp

SYN PROP E TECH SA S/GDR by SYN Prop e Tech SA

SYN Prop E Tech SA

Synthomer PLC

Disclosed on November 19, Sheila Talton, Director at Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: Talton's recent move involves selling 2,900 shares of Sysco. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000096021/000009602124000213//Archives/edgar/data/96021/000009602124000213/0000096021-24-000213-index.htm">U.S. Securities and Exchange Commission</a> on Tuesday. The total value is $216,427.
The latest market snapshot at Wednesday morning reveals Sysco shares down by 0.56%, trading at $73.98.
<h3>About Sysco</h3>
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 2024 revenue), education and government buildings (7%), travel and leisure (6%), healthcare facilities (7%), and other locations (18%) where individuals consume away-from-home meals. In fiscal 2024, 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.
<h3>Understanding the Numbers: Sysco's Finances</h3>
Revenue Growth: Sysco displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 4.4%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Staples sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 18.32%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Sysco's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 1.0.
</li>
</ul>
Debt Management: With a high debt-to-equity ratio of 6.08, Sysco faces challenges in effectively managing its debt levels, indicating potential financial strain.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 19.13 is lower than the industry average, implying a discounted valuation for Sysco's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 0.47, Sysco's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 11.7 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
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<h3>Why Pay Attention to Insider Transactions</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>A Deep Dive into Insider Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000096021">Check Out The Full List Of Sysco's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

Sysco Director Sold $216K In Company Stock

Sysco's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) short percent of float has fallen 15.52% since its last report. The company recently reported that it has 13.89 million shares sold short, which is 2.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.6 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Sysco Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730914223_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Sysco has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Sysco's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sysco's peer group average for short interest as a percentage of float is 4.32%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Sysco?

<a href="https://teamster.org/2024/11/sysco-sygma-drivers-vote-overwhelmingly-to-join-teamsters/#:~:text=(KANSAS%20CITY%2C%20Mo.),goods%20to%20major%20chain%20restaurants.">https://teamster.org/2024/11/sysco-sygma-drivers-vote-overwhelmingly-to-join-teamsters/#:~:text=(KANSAS%20CITY%2C%20Mo.),goods%20to%20major%20chain%20restaurants.</a>
&nbsp;
Despite shameful union-busting tactics, more than 60 delivery drivers at Sysco/SYGMA have voted overwhelmingly to join Teamsters Local 955 in Kansas City. SYGMA is a subsidiary of Sysco that supplies food and other goods to major chain restaurants.
"We stood tall against management and their attempts to scheme, retaliate, and spread misleading information," said Jeremy Johnson, a driver at Sysco/SYGMA and a new member of Local 955. "They engaged in unfair labor practices, abandoned ethical standards, and relentlessly bombarded us with propaganda through text messages. They even resorted to sending intimidating fliers to our homes and hired union-busting professionals at $281 an hour to deceive and harass us daily. This was no minor challenge to overcome, yet we persevered."
Drivers at Sysco/SGYMA in Kansas City join warehouse workers from the same facility already represented by Local 955. Earlier this month, Sysco forced these <a href="https://teamster.org/2024/10/sysco-sygma-teamsters-in-kansas-city-forced-on-strike/">workers on strike</a> after failing to present an acceptable contract offer. The one-day strike resulted in a <a href="https://teamster.org/2024/10/sysco-sygma-teamsters-unanimously-ratify-new-contract/">unanimously ratified</a> contract.
"We look forward to helping our newest members negotiate the strongest possible contract, which they rightfully deserve," said Jerry D. Wood, President of Local 955. "The behavior Sysco displayed towards these workers was simply unacceptable. I commend our members for overcoming the company's shameful tactics and welcome them to Local 955."
Nationwide, the Teamsters represent more than 10,000 workers at Sysco and its subsidiaries. In recent years, corporate greed and a blatant disregard for workers' rights have led to multiple high-profile labor disputes with the company.
"Once again, Sysco management has skirted the law and shown outright contempt towards workers for exercising their legal right to join the Teamsters," said Tom Erickson, Director of the Teamsters Warehouse Division and Central Region International Vice President. "Sysco's dirty tricks and expensive consultants can't hide the fact that the only way to achieve true job security and better working conditions is by organizing with the Teamsters."

Contracts

Management

Sysco/SYGMA Drivers Vote Overwhelmingly To Join Teamsters; More Than 60 Drivers Join Teamsters Local 955, Prepare For Contract Negotiations

Wells Fargo analyst Edward Kelly maintains Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) with a Overweight and lowers the price target from $87 to $82.

Price Target

Analyst Ratings

Wells Fargo Maintains Overweight on Sysco, Lowers Price Target to $82

Sysco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) shares<a href="https://benzinga.com/pressreleases/24/10/g41596553/sysco-reports-first-quarter-fiscal-year-2025-results" target="_blank" rel="noreferrer noopener"> are trading higher on Tuesday.</a>
The company reported first quarter adjusted earnings per share of $1.09, missing the street view of $1.13. Quarterly sales of $20.50 billion beat the analyst consensus of $20.463 billion.
Sales rose by 4.4%, while U.S. Foodservice volume increased by 2.7%.
Operating income increased modestly by 0.5% to $808 million, and adjusted operating income rose by 2.2% to $873 million.
Gross profit increased 2.9% to $3.8 billion, while gross margin decreased 27 basis points to 18.3%. Product cost inflation was 2.2% at the total enterprise level, as measured by the estimated change in Sysco&#8217;s product costs, primarily in the poultry and dairy categories.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/10/41597492/mcdonalds-q3-earnings-revenue-and-profit-beat-global-comp-sales-dip-no-mention-of-e-coli-impact" rel="noreferrer noopener">McDonald&#8217;s Q3 Earnings: Revenue And Profit Beat, Global Comp Sales Dip, No Mention Of E.coli Impact</a>
&#8220;International remains a growth vector, which delivered an 8.6% increase in operating income and a 12.1% increase in adjusted operating income for the quarter, and specialty continues to win in the marketplace, with total team selling continuing to pick up pace and momentum,&#8221; said Kevin Hourican, Sysco&#8217;s chair of the board and chief executive officer.
As of the end of the quarter, the company had a cash balance of $733 million.
The company reiterated its FY25 outlook.
&#8220;First quarter results included an improved exit rate during the month of September and a strong pipeline of investments and initiatives, adding to our confidence in our full year guidance of sales growth of 4%-5% and adjusted EPS growth of 6%-7%,&#8221; said Kenny Cheung, Sysco&#8217;s chief financial officer.
Price Action: SYY shares are trading higher by 0.3% to $75.35 at last check Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41591063/apple-will-be-the-first-to-hit-4-trillion-market-cap-milestone-says-dan-ives-as-hundreds-of-apps" target="_blank" rel="noreferrer noopener">Apple ‘Will Be The First To Hit' $4 Trillion Market Cap Milestone, Says Dan Ives As Hundreds Of Apps Will Be Built On AI Feature</a></li>
</ul>
Photo: JHVEPhoto/Shutterstock.com

Earnings

Equities

Guidance

Markets

Movers

General

Sysco Shares Rise As Q1 Sales Beat Offsets Lower-Than-Expected Earnings

Sysco Reiterates FY25 Guidance

Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) reported quarterly earnings of $1.09 per share which missed the analyst consensus estimate of $1.13 by 3.54 percent. The company reported quarterly sales of $20.500 billion which beat the analyst consensus estimate of $20.463 billion by 0.18 percent. This is a 4.49 percent increase over sales of $19.620 billion the same period last year.

Earnings Beats

Earnings Misses

Sysco Q1 2025 Adj. EPS $1.09 Misses $1.13 Estimate, Sales $20.500B Beat $20.463B Estimate

Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-10-29. Here's what investors need to know before the announcement.
Analysts estimate that Sysco will report an earnings per share (EPS) of $1.13. 
The announcement from Sysco is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Overview of Past Earnings</h3>
Last quarter the company beat EPS by $0.01, which was followed by a 0.27% increase in the share price the next day.
Here's a look at Sysco's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.38</td>
<td>0.95</td>
<td>0.88</td>
<td>1.04</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.39</td>
<td>0.96</td>
<td>0.89</td>
<td>1.07</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.0%</td>
<td>-2.0%</td>
<td>0.0%</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730134944_0.png" alt="eps graph" />
<h3>Market Performance of Sysco's Stock</h3>
Shares of Sysco were trading at $73.92 as of October 25. Over the last 52-week period, shares are up 13.01%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analyst Views on Sysco</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Sysco.
A total of 3 analyst ratings have been received for Sysco, with the consensus rating being Outperform. The average one-year price target stands at $89.33, suggesting a potential 20.85% upside.
<h3>Understanding Analyst Ratings Among Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of US Foods Hldg, Performance Food Gr and Chefs' Warehouse, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>US Foods Hldg received a Buy consensus from analysts, with an average 1-year price target of $69.8, implying a potential 5.57% downside.</li>
<li>Analysts currently favor an Outperform trajectory for Performance Food Gr, with an average 1-year price target of $90.3, suggesting a potential 22.16% upside.</li>
<li>The consensus outlook from analysts is an Buy trajectory for Chefs' Warehouse, with an average 1-year price target of $53.0, indicating a potential 28.3% downside.</li>
</ul>
<h3>Summary of Peers Analysis</h3>
The peer analysis summary offers a detailed examination of key metrics for US Foods Hldg, Performance Food Gr and Chefs' Warehouse, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Sysco</td>
<td>Outperform</td>
<td>4.19%</td>
<td>$3.84B</td>
<td>30.89%</td>
</tr>
<tr>
<td>US Foods Hldg</td>
<td>Buy</td>
<td>7.72%</td>
<td>$1.71B</td>
<td>4.03%</td>
</tr>
<tr>
<td>Performance Food Gr</td>
<td>Outperform</td>
<td>2.18%</td>
<td>$1.75B</td>
<td>4.12%</td>
</tr>
<tr>
<td>Chefs' Warehouse</td>
<td>Buy</td>
<td>8.27%</td>
<td>$229.00M</td>
<td>3.41%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Sysco ranks at the top for Gross Profit and Return on Equity among its peers. It is in the middle for Revenue Growth.
<h3>Unveiling the Story Behind Sysco</h3>
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 2024 revenue), education and government buildings (7%), travel and leisure (6%), healthcare facilities (7%), and other locations (18%) where individuals consume away-from-home meals. In fiscal 2024, 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.
<h3>Key Indicators: Sysco's Financial Health</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Positive Revenue Trend: Examining Sysco's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 4.19% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Staples sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 2.98%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 30.89%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Sysco's ROA stands out, surpassing industry averages. With an impressive ROA of 2.46%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a high debt-to-equity ratio of 6.96, Sysco faces challenges in effectively managing its debt levels, indicating potential financial strain.
<a href="https://www.benzinga.com/quote/SYY/earnings">To track all earnings releases for Sysco visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Sysco

Sysco's Spokesperson Comments In Emailed Statement Says Sysco Informed Some Customers About Taylor Farms Onion Recall

SYGMA Kansas City is pleased that our warehouse colleagues—represented by the International Brotherhood of Teamsters Local 955—have ratified a new collective bargaining agreement, ending the strike that began just 24 hours ago. &nbsp;
We urge the Teamsters to always resolve issues at the negotiating table so we can avoid situations like this which are disruptive to our colleagues, their families, our communities, and our customers.

SYGMA Kansas City Warehouse Colleagues Ratify Agreement Reached With The International Brotherhood Of Teamsters Local 955, Return To Work After Just 24 Hours

<a href="https://teamster.org/2024/10/sysco-sygma-teamsters-in-kansas-city-forced-on-strike/" title="https://teamster.org/2024/10/sysco-sygma-teamsters-in-kansas-city-forced-on-strike/">https://teamster.org/2024/10/sysco-sygma-teamsters-in-kansas-city-forced-on-strike/</a>

'Warehouse Workers At Sysco/Sygma In Kansas City Have Been Forced On Strike Over Co's Unfair Labor Practices, Failed Bargaining Agreement' - Teamsters

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/10/11/final-trades-delta-air-lines-sysco-and-gxo-logistics-inc.html">Halftime Report Final Trades</a>,&#8221; Jim Lebenthal of Cerity Partners named Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) <a href="https://www.benzinga.com/news/earnings/24/10/41270201/deltas-turbulent-q3-mixed-results-and-tech-troubles-cloud-holiday-outlook">as his final trade.</a>
On Oct. 10, Delta Air Lines reported mixed third-quarter results. Delta reported third-quarter operating revenue growth of 1% year-over-year to $15.677 billion, beating the consensus of $14.674 billion. Adjusted operating revenue was $14.594 billion (almost flat YoY). Adjusted average fuel price of $2.53 per gallon, down 9% from last year's quarter. Adjusted EPS was $1.50 (-26% YoY), missing the consensus of $1.52.
Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC named Sysco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>).
Sysco is scheduled to host a conference call and webcast to discuss its first quarter fiscal year 2025 financial results on Tuesday, Oct. 29. Analysts expect the company to report quarterly earnings at $1.13 per share, up from $1.07 per share in the year-ago period. The company projects to report quarterly revenue of $20.47 billion.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Stephen L. Weiss of Short Hills Capital Partners named GXO Logistics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GXO#NYSE">GXO</a>).
On Oct. 9, Citigroup analyst Ariel Rosa initiated coverage on GXO Logistics with a Buy rating and announced a price target of $60.
Price Action:
<ul>
<li>Delta Air gained 2.1% to close at $51.33 during Friday's session.</li>
<li>Sysco shares rose 0.8% to settle at $74.42 on Friday.</li>
<li>GXO Logistics shares gained 6.7% to settle at $61.98 on Friday.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/news/24/10/41308141/this-analyst-with-85-accuracy-rate-sees-around-20-upside-in-amd-here-are-5-stock-picks-for-last-week">This Analyst With 85% Accuracy Rate Sees Around 20% Upside In AMD &#8211; Here Are 5 Stock Picks For Last Week From Wall Street&#8217;s Most Accurate Analysts</a></li>
</ul>
Image: Shutterstock

Long Ideas

Media

Delta Air, Sysco And An Industrial Stock On CNBC's 'Final Trades'

CNBC Halftime Report Final Trades: Delta Air Lines, Sysco, GXO Logistics

IBG&#39;s flagship product, Australian Bitters, is hand crafted in small batches in Australia from the finest natural botanical herbs and spices. Australian Bitters won the Gold Medal at the Los Angeles Spirts Awards and is available in every major U.S. city.

Innovation Beverage Group Says Australian Bitters Is Now Available Nationwide In US Through Sysco

Jefferies analyst Adam Samuelson maintains Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) with a Buy and raises the price target from $91 to $92.

Jefferies Maintains Buy on Sysco, Raises Price Target to $92

Watching Shares Of Sysco; Shares Seeing Volume As Company Presenting At Wells Fargo 7th Annual Consumer Conference

Ratings for Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Sysco and provided 12-month price targets. The average target is $85.8, accompanied by a high estimate of $88.00 and a low estimate of $81.00. A 0.23% drop is evident in the current average compared to the previous average price target of $86.00. 
<img src="https://www.benzinga.com/files/images/story/2024/1726516863_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The analysis of recent analyst actions sheds light on the perception of Sysco by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Ivankoe</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$88.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$88.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Kendall Toscano</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$87.00</td>
<td>$91.00</td>
</tr>
<tr>
<td>John Glass</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$81.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Jake Bartlett</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$85.00</td>
<td>$87.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sysco. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sysco compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Sysco's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
To gain a panoramic view of Sysco's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/SYY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Sysco analyst ratings.</a>
<h2>Discovering Sysco: A Closer Look</h2>
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 2024 revenue), education and government buildings (7%), travel and leisure (6%), healthcare facilities (7%), and other locations (18%) where individuals consume away-from-home meals. In fiscal 2024, 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.
<h3>Sysco's Economic Impact: An Analysis</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Sysco showcased positive performance, achieving a revenue growth rate of 4.19% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Staples sector.
Net Margin: Sysco's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 2.98%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 30.89%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.46%, the company showcases effective utilization of assets.
Debt Management: Sysco's debt-to-equity ratio is notably higher than the industry average. With a ratio of 6.96, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Key Takeaways From Sysco Analyst Ratings

JP Morgan analyst John Ivankoe maintains Sysco (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) with a Overweight and raises the price target from $85 to $88.

JP Morgan Maintains Overweight on Sysco, Raises Price Target to $88

Sysco Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>), the world&#39;s largest food distributor, celebrated the arrival of 8 heavy-duty electric tractors to their fleet in Victoria, which serves over 1,500 customers including restaurants, healthcare and education customers. In total, Sysco now has over 130 heavy-duty electric tractors globally across the United States, Canada, United Kingdom and Sweden.

Reported Earlier, Sysco Canada Adds 8 Electric Trucks To Victoria Fleet

Sysco's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>) short percent of float has risen 3.69% since its last report. The company recently reported that it has 11.19 million shares sold short, which is 2.25% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.19 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Sysco Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725024618_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Sysco has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Sysco's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Sysco's peer group average for short interest as a percentage of float is 4.62%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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