Sysco Corporation (NYSE: SYY) has reported E.P.S. of $1.00 for its first fiscal quarter (ending September 30) versus $1.00 for the same period a year ago — flat performance. For the latest four quarters through September 30, E.P.S. were $3.90 compared to $3.58 a year ago — an increase of 9%.
Recent Price Action
Sysco Corporation (NYSE: SYY) stock closed at $74.17 on 10/29/24 after a modest decline of -1.2%. Moreover, unusually high trading volume at 175% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -0.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SYY is expected to continue to be a major Value Builder.
Sysco has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Sysco has a neutral Power Rating of 51 but a good Appreciation Score of 70, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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