Sysco Corporation (SYY)
| Market Cap | 37.29B |
| Revenue (ttm) | 55.98B |
| Net Income (ttm) | 685.32M |
| Shares Out | 512.66M |
| EPS (ttm) | 1.33 |
| PE Ratio | 54.60 |
| Forward PE | 21.32 |
| Dividend | $2.31 (3.18%) |
| Ex-Dividend Date | Jan 6, 2022 |
| Volume | 2,372,990 |
| Open | 75.70 |
| Previous Close | 76.33 |
| Day's Range | 72.06 - 74.49 |
| 52-Week Range | 68.90 - 86.73 |
| Beta | 1.34 |
| Analysts | Buy |
| Price Target | 89.70 (+23.3%) |
| Earnings Date | Nov 9, 2021 |
About SYY
Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. The company distributes frozen foods, such as meats, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry foods; fresh meats and seafood; dair...
Financial Performance
In 2021, Sysco's revenue was $51.30 billion, a decrease of -3.02% compared to the previous year's $52.89 billion. Earnings were $524.21 million, an increase of 143.28%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for Sysco stock is "Buy." The 12-month stock price forecast is 89.70, which is an increase of 23.33% from the latest price.
News
Sysco Declares Quarterly Dividend Payment
HOUSTON, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.47 per share, payable on January 28, ...
Sysco's (SYY) Q1 Earnings Miss Estimates, Sales Increase Y/Y
Sysco's (SYY) first-quarter fiscal 2022 results reflect increased top and bottom lines due to solid market share gains.
Sysco Posts Mixed Q1 Results, Backs FY22 Outlook
Sysco Corp (NYSE: SYY) reported first-quarter FY22 sales growth of 40% year-on-year and 8% against Q1 FY19, to $16.5 billion, beating the analyst consensus of $15.87 billion. The U.S. Foodservice operat...
Sysco (SYY) Misses Q1 Earnings Estimates
Sysco (SYY) delivered earnings and revenue surprises of -2.35% and 4.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Sysco Delivers Strong First Quarter Results Including Meaningful Market Share Gains; Reiterating Fiscal Year 2022 Gui...
HOUSTON, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week first fiscal quarter ended October 2, 2021.
5 Food Stocks To Watch Ahead Of This Week's Earnings: DoorDash, Wendy's And More
The COVID-19 pandemic has been a business-changing event for the restaurant industry and food-related businesses. With the reopening trade providing a lift to some businesses, food stocks could be under...
Factors to Consider as Sysco (SYY) Gears Up for Q1 Earnings
Sysco's (SYY) first-quarter fiscal 2022 results are likely to reflect gains from the company's Recipe for Growth program, though cost inflation is a concern.
Sysco's Earnings: A Preview
Sysco (NYSE:SYY) is set to give its latest quarterly earnings report on Tuesday, 2021-11-09. Here's what investors need to know before the announcement.
Sysco (SYY) Earnings Expected to Grow: What to Know Ahead of Q1 Release
Sysco (SYY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sysco to Release First Quarter Fiscal Year 2022 Financial Results on November 9
HOUSTON, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its first quarter fiscal year 2022 financial results at 10 a.m. (Eastern) on Tu...
Can Sysco (SYY) Keep the Earnings Surprise Streak Alive?
Sysco (SYY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Sysco's (SYY) Cutting Edge Solutions Products to Fuel Growth
Sysco (SYY) unveils eight innovative concepts through the company's Cutting Edge Solutions platform, which is likely to enhance its customers' experience.
5 Top Dividend Aristocrats to Beef Up Your Portfolio
The 65-member Dividend Aristocrats are among the market's best sources of reliable, predictable income. But these five stand out as truly elite.
Sysco (SYY) Down 2.2% Since Last Earnings Report: Can It Rebound?
Sysco (SYY) reported earnings 30 days ago. What's next for the stock?
Sysco Donates $50,000 to American Red Cross for Hurricane Ida Relief
HOUSTON, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today that the company will donate $50,000 to the American Red C...
Sysco Congratulates Board Member, Sheila G. Talton, Recognized as a 2021 Most Influential Black Corporate Director by...
HOUSTON, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, announced today that Sheila G. Talton, has been recognized as one of the 2...
Is September a good month for investing in Sysco Corporation shares?
Sysco Corporation (NYSE: SYY) shares have advanced more than 6% since the beginning of August 2021, and the current share price stands around $79. Sysco Corporation reported better than expected fourth-...
Sysco Declares Quarterly Dividend Payment
HOUSTON, Aug. 27, 2021 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.47 per share, payable on October 22, ...
Sysco (SYY) is a Top-Ranked Growth Stock: Should You Buy?
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Here's Why Sysco (SYY) is a Strong Momentum Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Sysco Announces Limited Time Offer for Fresh Summeripe® Peaches Bursting with Farm Fresh Flavor
Sponsoring Social Media Contest for Best Peach Recipes Sponsoring Social Media Contest for Best Peach Recipes
Sysco Announces Changes to the Board of Directors
Nelson Peltz and Josh Frank to Step Down from the Board
Why Sysco Shares Are Trading Higher Tuesday
Sysco (NYSE: SYY) shares moved higher on Tuesday after the company reported better-than-expected Q4 results. Sysco reported fourth-quarter FY21 sales growth of 82% year-over-year, to $16.1 billion, beat...