Sysco Corp. (SYY) kicked off at the price of $72.47: Venture capitalists have an exciting new opportunity

On Tuesday, Sysco Corp. (NYSE: SYY) opened lower -0.66% from the last session, before settling in for the closing price of $72.95. Price fluctuations for SYY have ranged from $62.24 to $82.89 over the past 52 weeks.

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Consumer Defensive Sector giant saw their annual sales surged by 6.47% over the last five years. Company’s average yearly earnings per share was noted 6.99% at the time writing. With a float of $497.13 million, this company’s outstanding shares have now reached $505.11 million.

The firm has a total of 72000 workers. Let’s measure their productivity.

Sysco Corp. (SYY) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Food Distribution industry is another important factor to consider. The insider ownership of Sysco Corp. is 0.17%, while institutional ownership is 84.29%. The most recent insider transaction that took place on Mar 14 ’24, was worth 321,640. In this transaction SVP of this company sold 4,000 shares at a rate of $80.41, taking the stock ownership to the 18,531 shares. Before that another transaction happened on Mar 06 ’24, when Company’s SVP, Corp. Affairs and CAO sold 1,722 for $80.00, making the entire transaction worth $137,760. This insider now owns 24,082 shares in total.

Sysco Corp. (SYY) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 6.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.25% during the next five years compared to 5.16% growth over the previous five years of trading.

Sysco Corp. (NYSE: SYY) Trading Performance Indicators

Check out the current performance indicators for Sysco Corp. (SYY). In the past quarter, the stock posted a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46. Likewise, its price to free cash flow for the trailing twelve months is 18.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.10, a number that is poised to hit 1.38 in the next quarter and is forecasted to reach 4.62 in one year’s time.

Technical Analysis of Sysco Corp. (SYY)

Analysing the last 5-days average volume posted by the [Sysco Corp., SYY], we can find that recorded value of 3.68 million was better than the volume posted last year of 2.97 million. As of the previous 9 days, the stock’s Stochastic %D was 13.81%. Additionally, its Average True Range was 1.29.

During the past 100 days, Sysco Corp.’s (SYY) raw stochastic average was set at 3.16%, which indicates a significant decrease from 7.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.21% in the past 14 days, which was lower than the 19.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $76.92, while its 200-day Moving Average is $73.56. Now, the first resistance to watch is $73.32. This is followed by the second major resistance level at $74.17. The third major resistance level sits at $74.76. If the price goes on to break the first support level at $71.88, it is likely to go to the next support level at $71.29. Now, if the price goes above the second support level, the third support stands at $70.44.

Sysco Corp. (NYSE: SYY) Key Stats

There are currently 497,982K shares outstanding in the company with a market cap of 36.09 billion. Presently, the company’s annual sales total 76,325 M according to its annual income of 1,770 M. Last quarter, the company’s sales amounted to 19,380 M and its income totaled 424,690 K.