Sysco Corporation logo

SYY

CONSUMER DEFENSIVE

Sysco Corporation

AI Stock Analysis· Neutral
Jun 22 · 7:35 PM ET

Sysco Corporation (SYY) is currently trading at $77.98, down 0.91% today. The stock's technical indicators suggest a relatively stable position, with the Relative Strength Index (RSI) at 55.4, indicating it is neither overbought nor oversold. The 20-day Simple Moving Average (SMA) is at $76.92, slightly below the current price, while the 50-day SMA at $75.26 and the 200-day SMA at $78.33 indicate a slight upward trend over the longer term. The Moving Average Convergence Divergence (MACD) shows a positive momentum at 1.09, with the signal line at 0.92 and a histogram of 0.17, suggesting bullish sentiment in the near term.

On the fundamental side, Sysco's financial performance reveals a strong growth trajectory, with a remarkable revenue growth of 320.4% year-over-year and a more modest 4.7% quarter-over-quarter. However, the company has reported a significant decline in earnings per share (EPS), down 13.5% QoQ, which raises concerns about profitability in the short term. Despite this, Sysco's gross margin stands at an impressive 1839.6%, and the operating margin at 379.5%, reflecting the company's efficiency in managing costs. The price-to-earnings (P/E) ratio is 21.9, with a forward P/E of 16.1, suggesting that the stock may be undervalued relative to its expected future earnings. Analysts are generally bullish, with a consensus rating of 'BUY' and a target price of $86.87, indicating potential upside.

Currently, Sysco does not have an earnings report scheduled within the next 30 days, which means there are no immediate catalysts on the horizon. However, investors should pay close attention to the significant drop in EPS and whether this trend continues in future quarters. The company's strong revenue growth juxtaposed with declining earnings could suggest underlying challenges that need to be addressed. As Sysco continues to implement its long-term strategy, particularly in food distribution, market participants should monitor any developments regarding operational efficiencies and margin management to gauge the company's ability to sustain its growth trajectory.

AI Insight

What's Moving SYY Today?

No stock-specific AI insight has been generated for SYY yet. Check back soon — insights are generated from recent news analysis.

52-Week Range

$67.68$91.16

$79.07

Fundamentals

Market Cap$37.3B
P/E Ratio21.7
EPS$3.60
Dividend Yield2.74%
Dividend / Share$2.16
ROE81.9%
Profit Margin2.1%
Debt / Equity

Trading

Volume282K
Avg Volume (10D)
Shares Outstanding478.2M

SYY News

110 articles

Price Data

Open$78.97
Previous Close$77.98
Day High$79.25
Day Low$78.25
52 Week High$91.16
52 Week Low$67.68

About Sysco Corporation

Sysco Corporation is an American multinational corporation involved in marketing and distributing food products, smallwares, kitchen equipment and tabletop items to restaurants, healthcare and educational facilities, hospitality businesses like hotels and inns, and wholesale to other companies that provide foodservice (like Aramark and Sodexo). The company is headquartered in the Energy Corridor district of Houston, Texas.

75.0K employees
Listed June 1, 1972
CONSUMER DEFENSIVEFOOD DISTRIBUTION

Company Details

Security TypeCommon Stock
ExchangeNYSE
CurrencyUSD
Round Lot
SICFOOD DISTRIBUTION
CIK
Composite FIGI
Share Class FIGI