US Foods Holding Corp (USFD): Are Investors Missing The Big Picture?

US Foods Holding Corp (NYSE:USFD) does about 1.89M shares in volume on a normal day but saw 2361000 shares change hands in Friday trading. The company now has a market cap of 12.79B USD. Its current market price is $52.03, marking a decrease of -1.92% compared to the previous close of $53.05. The 52 week high reached by this stock is $55.98 whilst the lowest price level in 52 weeks is $35.66.

US Foods Holding Corp (USFD) has a 20-day trading average at $53.20 and the current price is -7.06% off the 52-week high compared with 45.91% distance from its 52-week low. The 50-day simple moving average of the closing price is $53.05 and its 200-day simple moving average is $47.49. If we look at the stock’s price movements over the week, volatility stands at 1.91%, which increases to 2.15% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 42.78 to suggest the stock is neutral.

The consensus objective for the share price is $63.96, suggesting that the stock has a potential upside of 18.65% over the period.

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The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 20, 2024 when UBS upgraded the stock to “Buy” and issued a price target of between $47 and $64. Piper Sandler also upgraded the stock to “Overweight” from Neutral on February 20, 2024 at a price target of $45-$59. Piper Sandler resumed its price target at $45.

US Foods Holding Corp (USFD) stock is down -2.09% over the week and -0.50% over the past month. Its price is 14.58% year-to-date and 19.23% over the past year.

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To reach the target analysts have set, the stock logically needs to grow 18.65 percent from here.

The company has a return on investment of 5.38% and return on equity of 10.79%. The price to earnings ratio (P/E ratio) amounts to 25.64 while the forward price to earnings ratio is 14.00. The beta has a value of 1.62. Price to book ratio is 2.65 and price to sales ratio is 0.36.

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