On Friday, Sysco Corp. (NYSE: SYY) was 1.63% up from the session before settling in for the closing price of $71.65. A 52-week range for SYY has been $62.24 – $82.89.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 6.47%. When this article was written, the company’s average yearly earnings per share was at 6.99%. With a float of $497.14 million, this company’s outstanding shares have now reached $505.11 million.
Considering the fact that the conglomerate employs 72000 people, you should pay attention to its efficiency factor.
Sysco Corp. (SYY) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sysco Corp. stocks. The insider ownership of Sysco Corp. is 0.17%, while institutional ownership is 84.20%. 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
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 1.34 earnings per share (EPS) during the time that was better than consensus figure (set at 1.33) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.13 per share during the current fiscal year.
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
You can see what Sysco Corp. (SYY) is doing with its current performance indicators. In the most recent 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 18.45.
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)
Compared to the last year’s volume of 3.01 million, its volume of 3.9 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.10%. Additionally, its Average True Range was 1.26.
During the past 100 days, Sysco Corp.’s (SYY) raw stochastic average was set at 13.49%, which indicates a significant decrease from 27.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.11% in the past 14 days, which was lower than the 19.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.37, while its 200-day Moving Average is $73.57. Nevertheless, the first resistance level for the watch stands at $73.36 in the near term. At $73.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $74.96. If the price goes on to break the first support level at $71.76, it is likely to go to the next support level at $70.71. Now, if the price goes above the second support level, the third support stands at $70.16.
Sysco Corp. (NYSE: SYY) Key Stats
There are 497,982K outstanding shares of the company, which has a market capitalization of 36.26 billion. As of now, sales total 76,325 M while income totals 1,770 M. Its latest quarter income was 19,380 M while its last quarter net income were 424,690 K.
