Sysco Corporation (SYY)

NYSE: SYY · IEX Real-Time Price · USD
70.71
-0.77 (-1.08%)
At close: Sep 30, 2022 4:00 PM
71.15
+0.44 (0.62%)
After-hours: Sep 30, 2022 7:01 PM EDT
-1.08%
Market Cap 35.79B
Revenue (ttm) 68.64B
Net Income (ttm) 1.36B
Shares Out 506.11M
EPS (ttm) 2.64
PE Ratio 26.78
Forward PE 17.73
Dividend $1.92 (2.72%)
Ex-Dividend Date Oct 6, 2022
Volume 2,911,831
Open 71.57
Previous Close 71.48
Day's Range 70.61 - 72.56
52-Week Range 68.05 - 91.53
Beta 1.01
Analysts Buy
Price Target 95.69 (+35.3%)
Earnings Date Nov 7, 2022

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 food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood ... [Read more...]

Industry Food & Staples Retailing
Founded 1969
CEO Kevin Hourican
Employees 71,000
Stock Exchange NYSE
Ticker Symbol SYY
Full Company Profile

Financial Performance

In 2022, Sysco's revenue was $68.64 billion, an increase of 33.80% compared to the previous year's $51.30 billion. Earnings were $1.36 billion, an increase of 159.20%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for SYY stock is "Buy." The 12-month stock price forecast is 95.69, which is an increase of 35.33% from the latest price.

Price Target
$95.69
(35.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Dividend Kings; 3 Stocks That Recently Made the Cut

Dividend Aristocrats are highly-respectable in their own right, but Dividend Kings take the throne. Several companies have recently made their way into the elite club.

Other symbols: PPGTGT
2 days ago - Zacks Investment Research

Sysco (SYY) Gains From Recipe for Growth, Diversified Business

Sysco (SYY) is focused on its Recipe for Growth plan, which, along with its diversified business, keeps it well-positioned. Meanwhile, elevated costs persist.

3 weeks ago - Zacks Investment Research

Sysco to Webcast Presentation at the Wells Fargo 5th Annual Consumer Conference

HOUSTON, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the Wells Fargo 5th Annual Consumer Conference on Wednesday, Se...

3 weeks ago - GlobeNewsWire

Why Is Sysco (SYY) Up 1.4% Since Last Earnings Report?

Sysco (SYY) reported earnings 30 days ago. What's next for the stock?

3 weeks ago - Zacks Investment Research

3 Growth Stocks You Can Buy Right Now With Less Than $100

These low-cost growth stocks can pay off handsomely for investors.

Other symbols: CLUL
1 month ago - The Motley Fool

3 Dividend Kings Income Investors Will Love

Investors seeking a stream of reliable income should take a serious look at Dividend Kings, companies that have successfully upped their dividends for at least 50 consecutive years.

Other symbols: EMRMMM
1 month ago - Zacks Investment Research

Here is What to Know Beyond Why Sysco Corporation (SYY) is a Trending Stock

Sysco (SYY) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

1 month ago - Zacks Investment Research

Sysco Declares Quarterly Dividend Payment

HOUSTON, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.49 per share, payable on Oct. 28, 202...

1 month ago - GlobeNewsWire

Sysco to Webcast Presentation at the 2022 Barclays Global Consumer Staples Conference

HOUSTON, Aug. 23, 2022 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the 2022 Barclays Global Consumer Staples Conference on Thursday...

1 month ago - GlobeNewsWire

Nelson Peltz Leads the Charge as Gurus Pile Into Ferguson

Activist investor Nelson Peltz (Trades, Portfolio)'s Trian Fund Management recently disclosed its 13F portfolio updates for the second quarter of 2022, which ended on June 30.

Other symbols: FERGGEIVZJHGMDLZ
1 month ago - GuruFocus

Is Trending Stock Sysco Corporation (SYY) a Buy Now?

Sysco (SYY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

1 month ago - Zacks Investment Research

Sysco (SYY) Q4 Earnings & Sales Top Estimates, Increase Y/Y

Sysco's (SYY) fourth-quarter fiscal 2022 results reflect higher top and bottom lines. The company benefits from its Recipe for Growth plan and efforts to manage cost inflation.

1 month ago - Zacks Investment Research

Sysco (SYY) Beats Q4 Earnings and Revenue Estimates

Sysco (SYY) delivered earnings and revenue surprises of 2.68% and 3.76%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Sysco Delivers Over 1.3 Times U.S. Market Share Growth and Strong Profit; Positive Momentum for Fiscal Year 2023

HOUSTON, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY) today announced financial results for its 13-week fourth fiscal quarter and its 52-week fiscal year ended July 2, 2022. In fiscal...

1 month ago - GlobeNewsWire

Buy this Dividend Aristocrat Stock Before Earnings?

Sysco shares have climbed 10% in 2022 and it operates one of those nearly recession-proof businesses that only the initial covid lockdowns were able to slow down.

1 month ago - Zacks Investment Research

Is Most-Watched Stock Sysco Corporation (SYY) Worth Betting on Now?

Sysco (SYY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

1 month ago - Zacks Investment Research

Sysco (SYY) Reports Next Week: Wall Street Expects Earnings Growth

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.

2 months ago - Zacks Investment Research

Sysco to Release Fourth Quarter and Fiscal Year 2022 Financial Results on August 9

HOUSTON, July 19, 2022 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) will host a conference call and webcast to discuss its fourth quarter and fiscal year 2022 financial results at 10 a.m. EDT on Tue...

2 months ago - GlobeNewsWire

Why Sysco (SYY) is a Top Value Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

2 months ago - Zacks Investment Research

7 Safe Dividends Stocks to Buy in July

Rising interest rates and talk of an upcoming recession have investors seeking safety in their portfolios with high dividend-paying stocks. The post 7 Safe Dividends Stocks to Buy in July appeared first...

Other symbols: ABBVBKHITWNDSNPHUVV
2 months ago - InvestorPlace

3 Recession-Proof Stocks Up 10% in 2022 to Buy Right Now

Today, we dive into three stocks that are poised to beat inflation and rise above any possible recession. All three names appear worth buying for the second half of 2022 and might be up for consideratio...

Other symbols: ABBVDLTR
2 months ago - Zacks Investment Research

New Strong Buy Stocks for July 14th

CHMG, CQP, VRNA, JBI and SYY have been added to the Zacks Rank #1 (Strong Buy) List on July 14, 2022.

Other symbols: CHMGCQPJBIVRNA
2 months ago - Zacks Investment Research

Best Growth Stocks to Buy for July 14th

SYY, DELL and SNPS made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 14, 2022.

Other symbols: DELLSNPS
2 months ago - Zacks Investment Research

Best Value Stocks to Buy for July 14th

CHMG, JBI, and SYY made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 14, 2022.

Other symbols: CHMGJBI
2 months ago - Zacks Investment Research

Best Income Stocks to Buy for July 14th

CHMG, SYY, and CQP made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 14, 2022.

Other symbols: CHMGCQP
2 months ago - Zacks Investment Research