Sysco Corporation (SYY) EPS Estimated At $0.94

July 14, 2018 - By Billy Entrekin

Sysco Corporation (NYSE:SYY) LogoInvestors sentiment decreased to 0.8 in 2018 Q1. Its down 0.10, from 0.9 in 2017Q4. It worsened, as 57 investors sold Sysco Corporation shares while 363 reduced holdings. 89 funds opened positions while 245 raised stakes. 408.53 million shares or 2.03% more from 400.42 million shares in 2017Q4 were reported.
Vident Investment Advisory Ltd Liability Com reported 0.02% of its portfolio in Sysco Corporation (NYSE:SYY). Fifth Third Fincl Bank, Ohio-based fund reported 209,414 shares. Cibc Mkts, Ontario – Canada-based fund reported 4,073 shares. Mraz Amerine & stated it has 12,325 shares. Howland Capital Management Limited Liability Corporation accumulated 18,758 shares. Vision Capital Management Inc accumulated 66,503 shares. Murphy Capital Management holds 0.05% of its portfolio in Sysco Corporation (NYSE:SYY) for 5,450 shares. Brookfield Asset invested in 0.01% or 61,742 shares. Stearns Financial Gru reported 0.32% stake. 300 are owned by Port Solutions Ltd. Architects holds 0.03% in Sysco Corporation (NYSE:SYY) or 2,370 shares. Toronto Dominion Bank holds 0.03% or 259,850 shares. Moreover, Tci Wealth Advsr has 0.09% invested in Sysco Corporation (NYSE:SYY). Kdi Cap Prns Lc holds 0.35% or 18,000 shares in its portfolio. Ifrah Financial Svcs invested in 6,501 shares or 0.14% of the stock.

Since January 16, 2018, it had 0 insider buys, and 15 insider sales for $312.29 million activity. 5,000 Sysco Corporation (NYSE:SYY) shares with value of $303,100 were sold by TILGHMAN RICHARD G. Another trade for 2.28M shares valued at $150.74 million was made by PELTZ NELSON on Tuesday, June 12. $1.19M worth of Sysco Corporation (NYSE:SYY) was sold by Grade Joel T.. Another trade for 2.28 million shares valued at $150.74 million was made by Frank Joshua D. on Tuesday, June 12. $702,026 worth of stock was sold by Goetz William W on Tuesday, January 16. Shares for $921,492 were sold by Shurts Wayne on Wednesday, February 21.

Analysts expect Sysco Corporation (NYSE:SYY) to report $0.94 EPS on August, 13.They anticipate $0.22 EPS change or 30.56 % from last quarter’s $0.72 EPS. SYY’s profit would be $489.73 million giving it 18.81 P/E if the $0.94 EPS is correct. After having $0.67 EPS previously, Sysco Corporation’s analysts see 40.30 % EPS growth. The stock increased 1.29% or $0.9 during the last trading session, reaching $70.74. About 1.55 million shares traded. Sysco Corporation (NYSE:SYY) has risen 19.79% since July 14, 2017 and is uptrending. It has outperformed by 7.22% the S&P500.

Sysco Corporation (NYSE:SYY) Ratings Coverage

Among 9 analysts covering Sysco (NYSE:SYY), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Sysco had 13 analyst reports since January 16, 2018 according to SRatingsIntel. As per Tuesday, February 6, the company rating was maintained by Bank of America. The rating was maintained by Citigroup on Tuesday, March 27 with “Neutral”. As per Monday, February 5, the company rating was maintained by BMO Capital Markets. Credit Suisse maintained the stock with “Outperform” rating in Tuesday, May 8 report. RBC Capital Markets maintained Sysco Corporation (NYSE:SYY) rating on Thursday, February 1. RBC Capital Markets has “Hold” rating and $54.0 target. As per Tuesday, June 19, the company rating was maintained by Citigroup. On Tuesday, January 16 the stock rating was upgraded by Morgan Stanley to “Equal-Weight”. Loop Capital maintained the stock with “Buy” rating in Tuesday, February 6 report. Jefferies maintained Sysco Corporation (NYSE:SYY) on Monday, February 5 with “Hold” rating. The stock of Sysco Corporation (NYSE:SYY) has “Equal-Weight” rating given on Tuesday, May 8 by Morgan Stanley.

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, Bahamas, Mexico, Costa Rica, Panama, the United Kingdom, France, Sweden, Ireland, Belgium, Spain, and Luxembourg. The company has market cap of $36.86 billion. It operates through three divisions: U.S. It has a 29.35 P/E ratio. Foodservice Operations, International Foodservice Operations, and SYGMA.

Another recent and important Sysco Corporation (NYSE:SYY) news was published by Seekingalpha.com which published an article titled: “Sysco: Wait For A Pullback” on June 22, 2018.

Sysco Corporation (NYSE:SYY) Institutional Positions Chart

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