US Foods Holding Corp (NYSE:USFD) shares, rose in value, with the stock price up by 4.40% to the previous day’s close as strong demand from buyers drove the stock to $72.16.
Actively observing the price movement in the recent trading, the stock is buoying the session at $69.12. The PE ratio was 35.80 over 12-month period. Referring to stock’s 52-week performance, its high was $73.19, and the low was $50.05. On the whole, USFD has fluctuated by 19.31% over the past month.
With the market capitalization of US Foods Holding Corp currently standing at about $16.63 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 39.76B, with a low estimate of 9.95B and a high estimate of 10.25B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 10.16B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that USFD’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.90, with the price of USFD currently trading nearly 11.02% and 10.48% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.19, while the 7-day volatility ratio is showing 2.55% which for the 30-day chart, stands at 3.20%. Furthermore, US Foods Holding Corp (USFD)’s beta value is 1.40, and its average true range (ATR) is 2.12.
A comparison of US Foods Holding Corp (USFD) with its peers suggests the former has fared considerably weaker in the market. USFD showed an intraday change of 4.40% in today’s session so far, and over the past year, it grew by 36.80%%.
Data on historical trading for US Foods Holding Corp (NYSE:USFD) indicates that the trading volumes over the past 3 months, they’ve averaged 2.46 million. According to company’s latest data on outstanding shares, there are 230.52 million shares outstanding.
Nearly 0.73% of US Foods Holding Corp’s shares belong to company insiders and institutional investors own 99.16% of the company’s shares. The stock has risen by 6.97% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the USFD stock heading into the next quarter.
