Sysco Corporation (SYY) Analysts See $0.65 EPS

January 16, 2018 - By Nellie Frank

 Sysco Corporation (SYY) Analysts See $0.65 EPS
Investors sentiment decreased to 0.78 in Q3 2017. Its down 0.09, from 0.87 in 2017Q2. It turned negative, as 61 investors sold Sysco Corporation shares while 345 reduced holdings. 66 funds opened positions while 249 raised stakes. 409.47 million shares or 1.25% less from 414.66 million shares in 2017Q2 were reported.
Peregrine Asset Advisers Incorporated stated it has 7,792 shares. Orrstown Ser has 17,168 shares for 1.03% of their portfolio. Loudon Investment Management Ltd Company owns 8,615 shares. Financial Corporation holds 0.02% or 673 shares. Buffington Mohr Mcneal accumulated 0.15% or 6,802 shares. Exxonmobil Invest Tx invested in 0.12% or 88,687 shares. Stevens First Principles Inv Advsrs has 2.45% invested in Sysco Corporation (NYSE:SYY) for 83,528 shares. Retirement Of Alabama reported 0.07% in Sysco Corporation (NYSE:SYY). Kcm Advisors Llc reported 15,529 shares. 15,709 were accumulated by Silvercrest Asset Management Grp Inc Limited. Tnb Financial holds 4,064 shares. Smith Moore And owns 12,188 shares. Reliance Trust Company Of Delaware has 18,391 shares. Stonebridge Advsrs Ltd holds 32,055 shares. Savant Capital Ltd Liability Corporation holds 0.06% in Sysco Corporation (NYSE:SYY) or 4,964 shares.

Since August 23, 2017, it had 2 buys, and 18 sales for $25.54 million activity. Shares for $19.77 million were sold by Frank Joshua D.. Shares for $958,386 were sold by Shurts Wayne. PELTZ NELSON also bought $47.75M worth of Sysco Corporation (NYSE:SYY) shares. Another trade for 81,038 shares valued at $4.92 million was sold by Bertrand Greg D. Goetz William W had sold 16,345 shares worth $993,122 on Wednesday, January 10. $902,018 worth of stock was sold by Moskowitz Paul T on Friday, September 29.

Analysts expect Sysco Corporation (NYSE:SYY) to report $0.65 EPS on February, 5.They anticipate $0.07 EPS change or 12.07 % from last quarter’s $0.58 EPS. SYY’s profit would be $338.68 million giving it 23.61 P/E if the $0.65 EPS is correct. After having $0.74 EPS previously, Sysco Corporation’s analysts see -12.16 % EPS growth. The stock increased 0.26% or $0.16 during the last trading session, reaching $61.38. About 3.03M shares traded or 22.71% up from the average. Sysco Corporation (NYSE:SYY) has risen 11.23% since January 16, 2017 and is uptrending. It has underperformed by 5.47% the S&P500.

Sysco Corporation (NYSE:SYY) Ratings Coverage

Among 19 analysts covering Sysco Corporation (NYSE:SYY), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Sysco Corporation had 48 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, November 8 by Bank of America. As per Thursday, November 19, the company rating was initiated by Wells Fargo. The stock of Sysco Corporation (NYSE:SYY) earned “Neutral” rating by Clevland Research on Friday, March 11. Credit Suisse maintained it with “Outperform” rating and $50 target in Friday, February 19 report. As per Tuesday, February 2, the company rating was downgraded by Morgan Stanley. The company was maintained on Tuesday, June 27 by BMO Capital Markets. The stock of Sysco Corporation (NYSE:SYY) has “Neutral” rating given on Monday, June 20 by Bank of America. Jefferies maintained it with “Hold” rating and $51.0 target in Thursday, September 28 report. The firm has “Buy” rating by Wells Fargo given on Monday, August 14. The firm earned “Buy” rating on Tuesday, September 5 by BMO Capital Markets.

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 $31.98 billion. It operates through three divisions: U.S. It has a 28.09 P/E ratio. Foodservice Operations, International Foodservice Operations, and SYGMA.

More recent Sysco Corporation (NYSE:SYY) news were published by: Twst.com which released: “Sysco Corporation: Sysco Grows European Business With Kent Frozen Foods …” on January 15, 2018. Also Nasdaq.com published the news titled: “Sysco Corporation (SYY) Ex-Dividend Date Scheduled for January 04, 2018” on January 03, 2018. Chron.com‘s news article titled: “Examiner-area business roundup” with publication date: January 15, 2018 was also an interesting one.

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