JP Morgan Maintains Neutral on US Foods Hldg, Raises Price Target to $58
$USFD
Food Distributors
Consumer Discretionary
JP Morgan analyst John Ivankoe maintains US Foods Hldg (NYSE:USFD) with a Neutral and raises the price target from $52 to $58.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/20/2024 | $47.00 → $64.00 | Neutral → Buy | UBS |
| 2/20/2024 | $45.00 → $59.00 | Neutral → Overweight | Piper Sandler |
| 11/21/2023 | $45.00 | Neutral | Piper Sandler |
| 10/19/2023 | $50.00 | Buy | Deutsche Bank |
| 6/20/2023 | $46.00 → $54.00 | Equal-Weight → Overweight | Morgan Stanley |
| 1/5/2023 | $34.00 → $43.00 | Equal Weight → Overweight | Barclays |
| 9/7/2022 | $40.00 | Neutral | JP Morgan |
| 5/18/2022 | $53.00 | Buy | Berenberg |
8-K - US Foods Holding Corp. (0001665918) (Filer)
8-K - US Foods Holding Corp. (0001665918) (Filer)
10-Q - US Foods Holding Corp. (0001665918) (Filer)
US Foods Holding Corp. (NYSE:USFD) will host a live conference call and webcast to discuss third quarter 2024 results on Thursday, November 7, 2024, at 8 a.m. CST. The conference call can be accessed live over the phone by dialing 877-344-2001. Listeners should dial in 10 minutes prior to the call start time and provide the Conference ID 2528845 to be connected. A replay will be available after the call. To listen to a replay of the conference call, please register by clicking this link. The conference call also will be webcast live from the company's Investor Relations website at https://ir.usfoods.com. The presentation slides that will be reviewed during the webcast will be available i
Results Reinforce the Importance of the In-Restaurant Customer Experience US Foods Holding Corp. (NYSE:USFD) – one of America's leading foodservice distributors – today released the results of its 2024 Diner Dispatch survey, which showcases the state of America's relationship with dining out. Year-over-year data highlights key takeaways that can help operators make informed business decisions to help meet or exceed diner expectations. These include dine-in vs. take-out preferences, spend thresholds, and other key experiential preferences such as favorite restaurant types, wait times and the use of QR code menus. "As a leader in foodservice and a proud partner of our customers, we are exci
US Foods Holding Corp. (NYSE:USFD) today announced that its wholly-owned subsidiary, US Foods, Inc. ("US Foods"), has priced the previously announced notes offering and has agreed to issue and sell $500 million aggregate principal amount of 5.75% senior unsecured notes due 2033 (the "Notes"). US Foods intends to use the net proceeds of the Notes offering to repay a portion of the amounts outstanding under its term loan facility. The Notes will be the senior unsecured obligations of US Foods and will be guaranteed by all of US Foods' existing and future wholly-owned domestic subsidiaries that guarantee US Foods' obligations under its existing term loan credit facility. The closing of the sa
4 - US Foods Holding Corp. (0001665918) (Issuer)
4 - US Foods Holding Corp. (0001665918) (Issuer)
4 - US Foods Holding Corp. (0001665918) (Issuer)
US Foods Holding Corp. (NYSE:USFD) will host a live conference call and webcast to discuss third quarter 2024 results on Thursday, November 7, 2024, at 8 a.m. CST. The conference call can be accessed live over the phone by dialing 877-344-2001. Listeners should dial in 10 minutes prior to the call start time and provide the Conference ID 2528845 to be connected. A replay will be available after the call. To listen to a replay of the conference call, please register by clicking this link. The conference call also will be webcast live from the company's Investor Relations website at https://ir.usfoods.com. The presentation slides that will be reviewed during the webcast will be available i
Grew Net Sales 7.7% to $9.7 Billion and Gross Profit 7.2% to $1.7 Billion Increased Net Income 8.8% to $198 Million Delivered Record Adjusted EBITDA of $489 Million and Record Adjusted EBITDA Margin of 5.0% Repurchased $41 Million of Shares and Reduced Net Leverage to 2.6x US Foods Holding Corp. (NYSE:USFD), one of the largest foodservice distributors in the United States, today announced results for the second quarter fiscal year 2024. Second Quarter Fiscal Year 2024 Highlights Net sales increased 7.7% to $9.7 billion Total case volume increased 5.2%; independent restaurant case volume increased 5.7% Gross profit increased 7.2% to $1.7 billion Net income was $198 mill
US Foods Holding Corp. (NYSE:USFD) will host a live conference call and webcast to discuss second quarter 2024 results on Thursday, August 8, 2024, at 8 a.m. CDT. The conference call can be accessed live over the phone by dialing 877-344-2001. Listeners should dial in 10 minutes prior to the call start time and provide the Conference ID 2528845 to be connected. A replay will be available after the call. To listen to a replay of the conference call, please register by clicking this link. The conference call also will be webcast live from the company's Investor Relations website at https://ir.usfoods.com. The presentation slides that will be reviewed during the webcast will be available
Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, today announced that Fareed Khan has been appointed as Chief Financial Officer, effective September 9, 2024. Mr. Khan is an accomplished finance and operating executive with more than two decades of leadership experience at public and private companies. He most recently served as CFO of JustFoodForDogs (JFFD), where he enhanced the company's finance infrastructure and strengthened financial planning and analysis capabilities, driving improved KPIs and performance management. His prior experience includes serving as CFO of both Kellogg Corporation (NYSE:K) and
US Foods Holding Corp. (NYSE:USFD), one of the largest foodservice distributors in the United States, announced today that Board Chair, Robert "Bob" Dutkowsky unexpectedly passed away today in his home in Florida at the age of 69. "It is with a very heavy heart that I announce Bob's passing," said Dave Flitman, Chief Executive Officer. "Bob was a steadfast leader of our Board, trusted mentor to me and thought partner to our esteemed Board members. He provided sound advice and counsel, and contributed immense value to our company, our strategy and our people. While I am deeply saddened by this news, I am also incredibly grateful for Bob's leadership and friendship. On behalf of our Board o
Introduces Eight-Member Slate with Deep Experience in Governance, Finance, Legislative and Regulatory Affairs, Strategic Transformations, Transportation and the Railroad Sector Proposes Jim Barber, a Proven Transportation Network Leader and Former Executive at UPS, as CEO and Jamie Boychuk, a Career Railroader and Former Executive at CSX, as COO Introduces "Network of the Future" Strategy Offering Path to Significant Value Creation Releases Presentation Entitled "The Case for Leadership, Safety and Strategy Changes at Norfolk Southern" That is Downloadable at www.MoveNSCForward.com Ohio-based Ancora Holdings Group, LLC, its affiliates and the other participants in its solicitation (
SC 13D/A - US Foods Holding Corp. (0001665918) (Subject)
SC 13D/A - US Foods Holding Corp. (0001665918) (Subject)
SC 13G/A - US Foods Holding Corp. (0001665918) (Subject)
UBS upgraded US Foods from Neutral to Buy and set a new price target of $64.00 from $47.00 previously
Piper Sandler upgraded US Foods from Neutral to Overweight and set a new price target of $59.00 from $45.00 previously
Piper Sandler resumed coverage of US Foods with a rating of Neutral and set a new price target of $45.00
US Foods Hldg's (NYSE:USFD) short percent of float has risen 8.82% since its last report. The company recently reported that it has 6.35 million shares sold short, which is 2.59% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.07 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
U.S. stocks settled mostly lower on Friday, following the release of stronger-than-expected jobs report. All the three major indices recorded gains last week, with the Dow Jones index gaining 0.29% and the S&P 500 rising around 1.32% during the week. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust. Benzinga’s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzi