Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Sysco Corp.’s stock clocked out at $73.05, down -1.71% from its previous closing price of $74.32. In other words, the price has decreased by -$1.71 from its previous closing price. On the day, 4.98 million shares were traded. SYY stock price reached its highest trading level at $74.79 during the session, while it also had its lowest trading level at $72.89.
Ratios:
To gain a deeper understanding of SYY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 60.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.50. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 6.24 whereas as Long-Term Debt/Eq ratio is at 6.14.
On October 19, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $75.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 14 ’24 when Jasper James Chris sold 4,000 shares for $80.41 per share. The transaction valued at 321,640 led to the insider holds 18,531 shares of the business.
Russell Neil sold 1,722 shares of SYY for $137,760 on Mar 06 ’24. The SVP, Corp. Affairs and CAO now owns 24,082 shares after completing the transaction at $80.00 per share. On Nov 22 ’23, another insider, Talton Sheila, who serves as the Director of the company, sold 2,200 shares for $71.76 each. As a result, the insider received 157,872 and left with 12,782 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SYY now has a Market Capitalization of 36377587712 and an Enterprise Value of 49001111552. As of this moment, Sysco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.81, and their Forward P/E ratio for the next fiscal year is 15.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 17.35. Its current Enterprise Value per Revenue stands at 0.628 whereas that against EBITDA is 12.978.
Stock Price History:
Over the past 52 weeks, SYY has reached a high of $82.89, while it has fallen to a 52-week low of $62.24. The 50-Day Moving Average of the stock is -7.51%, while the 200-Day Moving Average is calculated to be -0.68%.
Shares Statistics:
It appears that SYY traded 2.84M shares on average per day over the past three months and 3164560 shares per day over the past ten days. A total of 505.11M shares are outstanding, with a floating share count of 496.85M. Insiders hold about 0.20% of the company’s shares, while institutions hold 85.20% stake in the company. Shares short for SYY as of 1713139200 were 6855956 with a Short Ratio of 2.41, compared to 1710460800 on 6597461. Therefore, it implies a Short% of Shares Outstanding of 6855956 and a Short% of Float of 1.38.
Dividends & Splits
With its trailing 12-month dividend rate of 2.0, SYY has a forward annual dividend rate of 2.00. Against a Trailing Annual Dividend Yield of 0.026910657The stock’s 5-year Average Dividend Yield is 2.48.
