Analyst Ratings for Sysco Corp. (SYY)Updated: 2017-07-28
Analysts covering Sysco Corp. (NYSE:SYY) have given it a consensus rating of Overweight. About 30 days ago, SYY was issued an average rating of Overweight.
6 analysts declared SYY a buy, 0 issued an overweight rating, 10 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for SYY. The most optimistic price target was 61, implying potential capital gains of 16.8 percent. The lowest price target was 45, implying potential capital losses of -13.83 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 2.17 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
SYY has an estimated earnings growth rate of 43.63 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SYY is 0.63.
SYY has traded between a high of 57.07 and a low of 47.15 over the past year. Currently the stock is 10.76 percent higher than its low, and 8.49 percent lower than its 52-week high. SYY has a price/earnings ratio of 27.49. Investors typically compare the P/E ratio to a company's peers in the industry. The SYY value stock report compares SYY to some of its peers using value stock charts. The market cap of SYY is $28.13 billion. SYY's next earnings release will be on 0000-00-00, which is days away.