On Monday, Sysco Corp. (NYSE: SYY) opened higher 1.68% from the last session, before settling in for the closing price of $73.35. Price fluctuations for SYY have ranged from $62.24 to $82.89 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 6.47% annually for the last half of the decade. 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.
In an organization with 72000 employees, it is important to assess its efficiency.
Sysco Corp. (SYY) Insider and Institutional Ownership
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 84.23%. 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) Latest Financial update
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 0.48. Likewise, its price to free cash flow for the trailing twelve months is 18.89.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 5.47 million. That was better than the volume of 3.08 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.89%. Additionally, its Average True Range was 1.19.
During the past 100 days, Sysco Corp.’s (SYY) raw stochastic average was set at 34.82%, which indicates a significant decrease from 97.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.02% in the past 14 days, which was higher than the 16.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.30, while its 200-day Moving Average is $73.73. However, in the short run, Sysco Corp.’s stock first resistance to watch stands at $75.12. Second resistance stands at $75.66. The third major resistance level sits at $76.63. If the price goes on to break the first support level at $73.61, it is likely to go to the next support level at $72.64. The third support level lies at $72.10 if the price breaches the second support level.
Sysco Corp. (NYSE: SYY) Key Stats
There are currently 497,982K shares outstanding in the company with a market cap of 37.14 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.
