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Sysco Corporation (SYY)

NYSE: SYY · IEX Real-Time Price · USD
72.73 -3.60 (-4.72%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap37.29B
Revenue (ttm)55.98B
Net Income (ttm)685.32M
Shares Out512.66M
EPS (ttm)1.33
PE Ratio54.60
Forward PE21.32
Dividend$2.31 (3.18%)
Ex-Dividend DateJan 6, 2022
Volume2,372,990
Open75.70
Previous Close76.33
Day's Range72.06 - 74.49
52-Week Range68.90 - 86.73
Beta1.34
AnalystsBuy
Price Target89.70 (+23.3%)
Earnings DateNov 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...

IndustryFood & Staples Retailing
Founded1969
CEOThomas Bene
Employees58,000
Stock ExchangeNYSE
Ticker SymbolSYY
Full Company Profile

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 Statements

Analyst 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.

Price Target
$89.70
(23.33% upside)
Analyst Consensus: Buy

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, ...

1 week ago - GlobeNewsWire

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.

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - Benzinga

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?

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - GlobeNewsWire

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...

Other symbols:DASHWENAPRNFRGI
2 weeks ago - Benzinga

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.

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Benzinga

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.

1 month ago - Zacks Investment Research

10 Top Texas Stocks to Buy That Don't Rely On Oil And Gas For Big Gains

A recent article in Fox Business discussed Tesla's move to Texas from California. Here are 10 stocks to buy based in the Lone Star State.

1 month ago - InvestorPlace

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...

1 month ago - GlobeNewsWire

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.

1 month ago - Zacks Investment Research

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.

2 months ago - Zacks Investment Research

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.

Other symbols:ABBVABTJNJTGT
2 months ago - Kiplinger

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?

2 months ago - Zacks Investment Research

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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-...

2 months ago - Invezz

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, ...

3 months ago - GlobeNewsWire

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.

3 months ago - Zacks Investment Research

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.

3 months ago - Zacks Investment Research

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

3 months ago - GlobeNewsWire

Sysco Announces Changes to the Board of Directors

Nelson Peltz and Josh Frank to Step Down from the Board

3 months ago - GlobeNewsWire

Nelson Peltz's Trian Partners Trims 2 Holdings

Trian Partners CEO Nelson Peltz (Trades, Portfolio) disclosed reductions in two of the firm's holdings earlier this week.

Other symbols:CMCSAFERGIVZMDLZPGWEN
3 months ago - GuruFocus

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...

3 months ago - Benzinga