On Tuesday, Sysco Corp (NYSE: SYY) was -0.83% drop from the session before settling in for the closing price of $77.94. A 52-week range for SYY has been $66.87 – $82.89.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 6.65%. When this article was written, the company’s average yearly earnings per share was at 5.99%. With a float of $489.99 million, this company’s outstanding shares have now reached $491.76 million.
Let’s determine the extent of company efficiency that accounts for 76000 employees. 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sysco Corp stocks. The insider ownership of Sysco Corp is 0.25%, while institutional ownership is 87.06%. The most recent insider transaction that took place on Nov 01 ’24, was worth 303,104. In this transaction SVP, GC & Corp Sec of this company sold 4,036 shares at a rate of $75.10, taking the stock ownership to the 48,451 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Officer proposed sale 4,036 for $75.10, making the entire transaction worth $303,104.
Sysco Corp (SYY) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.89 earnings per share (EPS) during the time that was better than consensus figure (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 5.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.47% during the next five years compared to 3.96% growth over the previous five years of trading.
Sysco Corp (NYSE: SYY) Trading Performance Indicators
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 0.73. 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 17.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.89, a number that is poised to hit 0.92 in the next quarter and is forecasted to reach 4.94 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 3.08 million, which is a drop from its year-to-date volume of 3.16 million. As of the previous 9 days, the stock’s Stochastic %D was 80.82%. Additionally, its Average True Range was 1.31.
During the past 100 days, Sysco Corp’s (SYY) raw stochastic average was set at 77.78%, which indicates a significant decrease from 78.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.55% in the past 14 days, which was lower than the 19.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.12, while its 200-day Moving Average is $76.19. However, in the short run, Sysco Corp’s stock first resistance to watch stands at $78.00. Second resistance stands at $78.72. The third major resistance level sits at $79.09. If the price goes on to break the first support level at $76.91, it is likely to go to the next support level at $76.54. Should the price break the second support level, the third support level stands at $75.82.
Sysco Corp (NYSE: SYY) Key Stats
There are 491,226K outstanding shares of the company, which has a market capitalization of 37.97 billion. As of now, sales total 78,844 M while income totals 1,955 M. Its latest quarter income was 20,484 M while its last quarter net income were 490,000 K.
