Sysco Corp (NYSE: SYY) kicked off on Friday, up 0.11% from the previous trading day, before settling in for the closing price of $74.95. Over the past 52 weeks, SYY has traded in a range of $65.19-$82.89.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Consumer Defensive sector has jumped its sales by 6.65% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 6.08%. With a float of $489.99 million, this company’s outstanding shares have now reached $491.76 million.
In an organization with 76000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 18.38%, operating margin of 4.23%, and the pretax margin is 3.19%.
Sysco Corp (SYY) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Food Distribution Industry. The insider ownership of Sysco Corp is 0.25%, while institutional ownership is 86.26%. The most recent insider transaction that took place on Nov 01 ’24, was worth 303,104. Before that another transaction happened on Sep 16 ’24, when Company’s Officer proposed sale 12,248 for $76.99, making the entire transaction worth $942,974.
Sysco Corp (SYY) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.89 earnings per share (EPS), higher than consensus estimate (set at 0.88) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.47% during the next five years compared to 3.96% growth over the previous five years of trading.
Sysco Corp (NYSE: SYY) Trading Performance Indicators
Take a look at Sysco Corp’s (SYY) current performance indicators. Last quarter, stock had a quick ratio of 0.73. 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 16.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.89, a number that is poised to hit 0.93 in the next quarter and is forecasted to reach 4.94 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 4.11 million. That was better than the volume of 3.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 68.23%. Additionally, its Average True Range was 1.32.
During the past 100 days, Sysco Corp’s (SYY) raw stochastic average was set at 56.50%, which indicates a significant decrease from 62.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.47% in the past 14 days, which was lower than the 19.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.17, while its 200-day Moving Average is $76.13. However, in the short run, Sysco Corp’s stock first resistance to watch stands at $75.41. Second resistance stands at $75.78. The third major resistance level sits at $76.12. If the price goes on to break the first support level at $74.70, it is likely to go to the next support level at $74.36. The third support level lies at $73.99 if the price breaches the second support level.
Sysco Corp (NYSE: SYY) Key Stats
The company with the Market Capitalisation of 36.90 billion has total of 491,226K Shares Outstanding. Its annual sales at the moment are 78,844 M in contrast with the sum of 1,955 M annual income. Company’s last quarter sales were recorded 20,556 M and last quarter income was 611,680 K.
