The Analyst Landscape: 12 Takes On US Foods Hldg
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings and price targets for US Foods Holding Corp (NYSE:USFD), showing a positive shift in sentiment. Over the past three months, 12 analysts have provided ratings, with a current average price target of $61.33, up 12.02% from the previous $54.75. The ratings range from bullish to bearish, with the majority being bullish or somewhat bullish. Recent financials indicate a positive revenue trend and strong net margin, although ROE lags behind industry averages.
May 10, 2024 | 8:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
US Foods Holding Corp has received updated analyst ratings and price targets, indicating a positive sentiment shift. The average price target has increased to $61.33, suggesting analysts see potential for stock price growth. Financial indicators show positive revenue trends and a strong net margin, although ROE is below industry averages.
The increase in the average price target by analysts, along with a majority of bullish ratings, suggests a strong positive sentiment towards USFD. This, combined with the company's positive revenue trend and strong net margin, indicates potential for short-term stock price growth. However, the below-average ROE might temper expectations slightly, hence the confidence score is not at the maximum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100