Is SYY a good buy?
Valuation metrics show that Sysco Corporation may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of SYY, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
Does Sysco stock pay dividends?
27, 2021 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.47 per share, payable on October 22, 2021 , to common stockholders of record at the close of business on October 1, 2021 .
How much debt is Sysco?
What Is Sysco’s Net Debt? The image below, which you can click on for greater detail, shows that Sysco had debt of US$11.0b at the end of July 2021, a reduction from US$14.3b over a year. However, it also had US$3.01b in cash, and so its net debt is US$8.00b.
Who owns Sysco stock?
Top 10 Owners of Sysco Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 8.05% | 41,254,250 |
| Wellington Management Co. LLP | 5.99% | 30,669,928 |
| SSgA Funds Management, Inc. | 4.67% | 23,920,343 |
| BlackRock Fund Advisors | 3.93% | 20,112,362 |
Is SYY a dividend aristocrat?
The Dividend Aristocrats are a group of 65 companies in the S&P 500 Index, with 25+ consecutive years of dividend increases. Sysco has a long history of steady dividends, and regular dividend increases. It has paid a dividend every quarter since it went public in 1970.
What months does Sysco pay dividends?
Dividend History for Sysco Corp. (syy)
| Ex-Div. Date | Amount | Pay. Date |
|---|---|---|
| 7/1/2021 | $0.47 | 7/23/2022 |
| 1/7/2021 | $0.45 | 1/29/2021 |
| 4/2/2020 | $0.45 | 4/24/2020 |
| 7/3/2019 | $0.39 | 7/26/2019 |
Why is US Foods stock dropping?
The decrease was primarily due to a $185 million lower provision for COVID-19 related uncollectible accounts compared to the prior year period and actions put in place to reduce operating costs as a result of lower case volume. The decrease was partially offset by operating expenses for Smart Foodservice.
Does USFD pay dividends?
USFD does not currently pay a dividend.
Is Sysco an international company?
Sysco is the world’s global foodservice leader. Our robust international network supports customers in 90 different countries around the world. Today, Sysco encompasses four business groups: Broadline.
What is the upside for Sysco’s stock?
Their forecasts range from $80.00 to $95.00. On average, they anticipate Sysco’s stock price to reach $86.88 in the next twelve months. This suggests a possible upside of 12.6% from the stock’s current price. View analysts’ price targets for Sysco or view top-rated stocks among Wall Street analysts.
What are analysts’ forecasts for Sysco’s share price?
13 equities research analysts have issued 12 month price objectives for SYSCO’s shares. Their forecasts range from $58.00 to $84.00. On average, they anticipate SYSCO’s share price to reach $73.4792 in the next year.
How did Morningstar perform in the second quarter of 2021?
Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, delivered strong revenue growth, profitability, and cash generation in the second quarter of 2021.
How many shares of Sysco are shorted?
As of August 13th, there was short interest totaling 8,260,000 shares, a decline of 12.5% from the July 29th total of 9,440,000 shares. Based on an average daily trading volume, of 2,380,000 shares, the days-to-cover ratio is presently 3.5 days. Approximately 1.6% of the shares of the stock are short sold. View Sysco’s Short Interest.