On Monday, Sysco Corp. (NYSE: SYY) opened higher 3.18% from the last session, before settling in for the closing price of $70.69. Price fluctuations for SYY have ranged from $62.24 to $82.89 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 6.47%. Company’s average yearly earnings per share was noted 6.99% at the time writing. With a float of $497.14 million, this company’s outstanding shares have now reached $505.11 million.
Let’s determine the extent of company efficiency that accounts for 72000 employees.
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 84.21%. 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
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 1.34 earnings per share (EPS) for the quarter, besting the agreed prediction (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
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 0.47. Likewise, its price to free cash flow for the trailing twelve months is 18.48.
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)
Looking closely at Sysco Corp. (NYSE: SYY), its last 5-days average volume was 2.72 million, which is a drop from its year-to-date volume of 2.98 million. As of the previous 9 days, the stock’s Stochastic %D was 44.24%. Additionally, its Average True Range was 1.20.
During the past 100 days, Sysco Corp.’s (SYY) raw stochastic average was set at 21.96%, which indicates a significant decrease from 82.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.83% in the past 14 days, which was lower than the 20.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.59, while its 200-day Moving Average is $73.65. However, in the short run, Sysco Corp.’s stock first resistance to watch stands at $73.90. Second resistance stands at $74.87. The third major resistance level sits at $76.46. If the price goes on to break the first support level at $71.34, it is likely to go to the next support level at $69.75. Now, if the price goes above the second support level, the third support stands at $68.78.
Sysco Corp. (NYSE: SYY) Key Stats
There are currently 497,982K shares outstanding in the company with a market cap of 36.32 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.
