Sysco stock: buy or sell?

SYY stock price: $73.29 1.44% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

5

Sysco ended today at $73.29 and appreciated a nice 1.44%.

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.

Should I buy Sysco stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Sysco stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean SYY will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Sysco stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we gathered 7 ratings published for SYY stock in the last 30 days.

Is SYY a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-13JPMorgan Chase & Co.n/aOverweight
2019-8-13Credit Suisse Groupn/aOutperform
2019-8-13Barclaysn/aEqual Weight
2019-6-4JPMorgan Chase & Co.n/aOverweight
2019-5-7Morgan StanleyEqual WeightEqual Weight
2019-2-1Pivotal Researchn/aSell
2019-1-16Bank of AmericaBuyNeutral

Sysco stock analysis

Daily outlook

Sysco shares appreciated 1.44% to $73.29 today.

Shares of Sysco ended today at $73.29 and appreciated a nice 1.44%. Since last Aug 6th when SYY stock price broke up the SMA200d line, it gained $6.15 (9.16%). Since last June when SMA100d and SMA200d crossed up, SYY price gained $2.73 per share (3.87%). On May, SYY hit a new all time high, pushing higher than on May tops. Check different trading setups that use ATHs as triggers.

SYY stock chart (daily)

Weekly outlook

Sysco shares remained steady 0.45% this week, ending at $73.29. With this, it's been 3 green weeks in a row, gaining $4.39 or 6.19%.

Not so far away is the last all-time high Sysco marked late May. Since late May when SMA20w and SMA40w crossed up, SYY price slipped $-1.35 per share (-1.81%). Since early April when SYY stock price broke up the SMA40w line, it gained $6.52 (9.76%).

SYY stock chart (weekly)

Sysco stock price history

Sysco stock historical price chart

SYY stock reached all-time highs on May with a price of $75.34.

Sysco stock price target is $71.80

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' SYY stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we found 6 price forecasts for Sysco stock:
SYY stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-13JPMorgan Chase & Co.Raises Target$75.00$80.006.7%
2019-8-13Credit Suisse GroupRaises Target$76.00$79.003.9%
2019-8-13BarclaysRaises Target$70.00$71.001.4%
2019-6-4JPMorgan Chase & Co.Lowers Target$77.00$75.00-2.6%
2019-5-7Morgan StanleyRaises Target$69.00$72.004.3%
2019-2-1Pivotal ResearchReiteratesn/a$54.00-
(in average)$73.40$71.80-2.0%
The price prediction for Sysco stock is $71.80, moving in a range between $80.00 and $54.00.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on May, Sysco stepped up a beatiful 4.51%. Unfortunately, reported EPS is not yet available in our database.
SYY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.52n/a
2017-Q2-n/a0.65n/a
2017-Q32017-11-060.720.742.8%
2017-Q42018-02-050.650.661.5%
2018-Q12018-05-070.640.674.7%
2018-Q22018-08-130.940.940.0%
2018-Q32018-11-050.920.91-1.1%
2018-Q42019-02-040.720.754.2%
2019-Q12019-05-060.7n/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw an excellent gain of 6.06% to $58,727.30 million dollars. When comparing 2018 vs 2017, slightly worse, profit margin (that is, the net income divided by revenues) remained stable a 0.37% to 2.44%.

To have an up to date view of the financial situation of Sysco, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Sysco TTM sales up to were $45,296.90 and income was $1,147.35 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Sysco business evolution since June 2018: Annual revenues up to , compared to lastest yearly report, plunged a frightening -22.87%. On the other hand, profit margin (net income/sales) stayed steady at 2.44%.

SYY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$44,410 M-$992 M2.2%-
2014$46,520 M4.75%$932 M2.0%-6.14%
2015$48,681 M4.64%$687 M1.4%-26.27%
2016$50,367 M3.46%$950 M1.9%38.27%
2017$55,371 M9.94%$1,143 M2.1%20.31%
2018$58,727 M6.06%$1,431 M2.4%25.23%
TTM $45,297 M-22.87%$1,147 M2.5%-19.81%

Quarterly financial results

Sysco reported M in revenues for 2019-Q1, a -100.00% decline compared to previous quarter. Reported quarter income marked million with a profit margin of . Profit margin stayed stable a 0.00% compared to previous quarter when profit margin was 1.81%. When comparing turnover to same quarter last year, Sysco sales marked a hair-raising loss and collapsed a -100.00%. Looking back to recent quarterly results, Sysco posted 3 positive quarters in a row.
SYY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$13,520 M-$238 M1.8%-
2017-Q2$14,420 M6.66%$305 M2.1%28.07%
2017-Q3$14,650 M1.60%$368 M2.5%20.47%
2017-Q4$14,412 M-1.63%$284 M2.0%-22.72%
2018-Q1$14,350 M-0.43%$330 M2.3%16.18%
2018-Q2$15,316 M6.73%$449 M2.9%36.00%
2018-Q3$15,215 M-0.66%$431 M2.8%-3.98%
2018-Q4$14,766 M-2.95%$267 M1.8%-37.97%

Sysco ownership

When you are planning to buy shares of a stock, it's worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Sysco, 0.21% of all outstanding shares are owned by its staff.

Bearish positions for SYY stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

SYYCHEFCOREDITSPTN
Market cap$37.7 B$1.2 B$1.5 B$50.7 M$404.5 M
Total shares514.0 M29.9 M45.9 M0.6 M36.3 M
Float shares512.7 M24.9 M44.9 M0.2 M35.1 M
  - Institutional holdings (%)81.7%87.6%93.9%14.6%89.1%
  - Insider holdings (%)0.2%16.3%2.4%58.9%2.9%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Sysco summary

Thursday, August 22nd, 2019
Open$72.64
Close$73.29
Day range$72.50 - $73.49
Previous close$72.25
Session gain1.44%
Average true range$1.63
50d mov avg$71.08
100d mov avg$70.95
200d mov avg$67.55
Daily pattern
Weekly pattern

Sysco performance

To better understand Sysco performance you must compare its gains with other related stocks in same sector or industry. We selected The Chefs' Warehouse, Core-Mark, AMCON Distributing, SpartanNash, United Natural Foods and G. Willi-Food International as the bechmarking frame for Sysco stock.
Stock3m6m12m
SYYSysco-1.81%10.09%-1.07%
CHEFThe Chefs' Wa...12.42%19.31%33.16%
CORECore-Mark-15.46%3.83%-8.06%
DITAMCON Distributin...1.60%-5.31%-16.14%
SPTNSpartanNash-12.28%-40.74%-45.66%
UNFIUnited Natural Fo...-28.82%-44.82%-76.64%
WILCG. Willi-Food Int...10.70%26.67%51.45%

Sysco competitors

One check before investing in any stock is to review a list of its competitors, in this case for Sysco. We chose 6 companies as Sysco competitors as they are in the same industry or have similar market objectives.

Latest Sysco stock news