Expert Outlook: US Foods Hldg Through The Eyes Of 5 Analysts
Portfolio Pulse from Benzinga Insights
Five analysts have recently updated their ratings on US Foods Holding Corp (NYSE:USFD), showing a shift towards a more positive outlook. The average 12-month price target has been raised to $58.00, up from $48.80, indicating an 18.85% increase. Analysts from JP Morgan, UBS, Piper Sandler, Truist Securities, and BMO Capital have all raised their price targets, reflecting optimism about the company's performance and market position. US Foods has shown solid revenue growth of 4.94% as of December 31, 2023, and maintains a strong net margin of 1.65%, although its ROE at 3.11% suggests room for improvement in using equity capital efficiently.
March 19, 2024 | 12:01 pm
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POSITIVE IMPACT
Analysts have raised their 12-month price targets for US Foods Holding Corp, indicating a positive outlook on the company's financial performance and market position.
The unanimous decision by five analysts to raise their price targets for USFD reflects a strong consensus on the company's positive trajectory. This is supported by solid revenue growth and a strong net margin, which are key indicators of financial health and operational efficiency. The increase in the average price target suggests that analysts expect the stock to perform well in the short term, potentially leading to an increase in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100