Sysco stock: buy or sell?
Updated on:
August 22nd, 2019
5
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 setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
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.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-8-13 | JPMorgan Chase & Co. | n/a | Overweight |
| 2019-8-13 | Credit Suisse Group | n/a | Outperform |
| 2019-8-13 | Barclays | n/a | Equal Weight |
| 2019-6-4 | JPMorgan Chase & Co. | n/a | Overweight |
| 2019-5-7 | Morgan Stanley | Equal Weight | Equal Weight |
| 2019-2-1 | Pivotal Research | n/a | Sell |
| 2019-1-16 | Bank of America | Buy | Neutral |
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.
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%).
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:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-8-13 | JPMorgan Chase & Co. | Raises Target | $75.00 | $80.00 | 6.7% |
| 2019-8-13 | Credit Suisse Group | Raises Target | $76.00 | $79.00 | 3.9% |
| 2019-8-13 | Barclays | Raises Target | $70.00 | $71.00 | 1.4% |
| 2019-6-4 | JPMorgan Chase & Co. | Lowers Target | $77.00 | $75.00 | -2.6% |
| 2019-5-7 | Morgan Stanley | Raises Target | $69.00 | $72.00 | 4.3% |
| 2019-2-1 | Pivotal Research | Reiterates | n/a | $54.00 | - |
| (in average) | $73.40 | $71.80 | -2.0% |
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.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q1 | - | n/a | 0.52 | n/a |
| 2017-Q2 | - | n/a | 0.65 | n/a |
| 2017-Q3 | 2017-11-06 | 0.72 | 0.74 | 2.8% |
| 2017-Q4 | 2018-02-05 | 0.65 | 0.66 | 1.5% |
| 2018-Q1 | 2018-05-07 | 0.64 | 0.67 | 4.7% |
| 2018-Q2 | 2018-08-13 | 0.94 | 0.94 | 0.0% |
| 2018-Q3 | 2018-11-05 | 0.92 | 0.91 | -1.1% |
| 2018-Q4 | 2019-02-04 | 0.72 | 0.75 | 4.2% |
| 2019-Q1 | 2019-05-06 | 0.7 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/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%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $44,410 M | - | $992 M2.2% | - |
| 2014 | $46,520 M | 4.75% | $932 M2.0% | -6.14% |
| 2015 | $48,681 M | 4.64% | $687 M1.4% | -26.27% |
| 2016 | $50,367 M | 3.46% | $950 M1.9% | 38.27% |
| 2017 | $55,371 M | 9.94% | $1,143 M2.1% | 20.31% |
| 2018 | $58,727 M | 6.06% | $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.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q1 | $13,520 M | - | $238 M1.8% | - |
| 2017-Q2 | $14,420 M | 6.66% | $305 M2.1% | 28.07% |
| 2017-Q3 | $14,650 M | 1.60% | $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 M | 6.73% | $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:
| SYY | CHEF | CORE | DIT | SPTN | |
|---|---|---|---|---|---|
| Market cap | $37.7 B | $1.2 B | $1.5 B | $50.7 M | $404.5 M |
| Total shares | 514.0 M | 29.9 M | 45.9 M | 0.6 M | 36.3 M |
| Float shares | 512.7 M | 24.9 M | 44.9 M | 0.2 M | 35.1 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 selling | 0.0% | 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 gain | 1.44% |
| 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.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| 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.- The Chefs' Warehouse (CHEF)
- Core-Mark (CORE)
- AMCON Distributing (DIT)
- SpartanNash (SPTN)
- United Natural Foods (UNFI)
- G. Willi-Food International (WILC)
Latest Sysco stock news
- InvestorPlace3 Big Stock Charts for Tuesday: Eli Lilly, SYSCO and Interpublic GroupJuly 9, 2019
- InvestorPlaceSysco Earnings: SYY Stock Up Despite Q3 Revenue MissMay 6, 2019
- Seeking AlphaSysco: A Crown Jewel InvestmentJanuary 28, 2019
- InvestorPlaceSysco Stock Slides Lower on Q1 Earnings MissNovember 5, 2018
- Seeking AlphaSysco: Low-Profit Margins, But Well-LeveragedSeptember 5, 2018