Sysco Corporation (SYY)

NYSE: SYY · Real-Time Price · USD
77.39
+0.52 (0.68%)
Nov 8, 2024, 4:00 PM EST - Market closed
0.68%
Market Cap 38.02B
Revenue (ttm) 79.71B
Net Income (ttm) 1.94B
Shares Out 491.23M
EPS (ttm) 3.89
PE Ratio 19.90
Forward PE 16.63
Dividend $2.04 (2.64%)
Ex-Dividend Date Oct 4, 2024
Volume 1,688,616
Open 76.77
Previous Close 76.87
Day's Range 76.77 - 78.11
52-Week Range 66.30 - 82.89
Beta 1.20
Analysts Strong Buy
Price Target 85.50 (+10.48%)
Earnings Date Oct 29, 2024

About SYY

Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. The company operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments. It distributes frozen food, such as meat, seafood, fully prepared entrées, fruits, vegetables, and desserts; canned and dry food products; fresh meat and seafood products; d... [Read more]

Founded 1969
Employees 72,000
Stock Exchange NYSE
Ticker Symbol SYY
Full Company Profile

Financial Performance

In 2024, Sysco's revenue was $78.84 billion, an increase of 3.30% compared to the previous year's $76.33 billion. Earnings were $1.96 billion, an increase of 10.45%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SYY stock is "Strong Buy." The 12-month stock price forecast is $85.5, which is an increase of 10.48% from the latest price.

Price Target
$85.5
(10.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Sysco Corporation (SYY) Q1 2025 Earnings Conference Call Transcript

Sysco Corporation (NYSE:SYY) Q1 2025 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Kevin Kim - VP, IR Kevin Hourican - Chairman and CEO Kenny Cheung - CFO Conference Call...

12 days ago - Seeking Alpha

Sysco Stock: A Good Buy Heading Into Q1 Earnings?

Sysco's hybrid growth strategy through internal development and acquisitions continues to strengthen its position as a market leader in the food service sector and forms the basis for solid long-term ...

16 days ago - Seeking Alpha

3 Fortune 500 Industry Leaders Boast Ideal October Dividends

The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leader profits per Y...

Other symbols: ABTADMCOPCVSETHALMO
22 days ago - Seeking Alpha

SYGMA Kansas City Warehouse Colleagues Ratify Agreement Reached With the International Brotherhood of Teamsters Local 955, Return to Work After Just 24 Hours

KANSAS CITY, Mo., Oct. 15, 2024 (GLOBE NEWSWIRE) -- SYGMA Kansas City is pleased that our warehouse colleagues—represented by the International Brotherhood of Teamsters Local 955—have ratified a new c...

26 days ago - GlobeNewsWire

Sysco's Fall 2024 Cutting Edge Solutions is Here - Bring Something New to the Table

HOUSTON, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, announced the nationwide launch of 19 innovative, labor-saving concepts available ...

27 days ago - GlobeNewsWire

Final Trades: Delta Air Lines, Sysco and GXO Logistics Inc.

Today's Final Trades from the Investment Committee.

Other symbols: DALGXO
4 weeks ago - CNBC Television

Buy 7 October Dividend Kings, Watch 10 More

A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broke...

Other symbols: ADMBKHCWTEDFTSGPCHRL
4 weeks ago - Seeking Alpha

Buy 4 October Dividend Aristocrats & Watch 10

"Dividend Aristocrats... in the S&P500 Index… have raised their annual payouts every year for at least 25 consecutive years." -- Kiplinger.com/Investing. 67 Aristocrats, screened as of October 7, 2024...

Other symbols: ADMAMCRBENCVXEDFASTFRT
4 weeks ago - Seeking Alpha

14 Incredible High-Yield Dividend Aristocrat Bargain Buys For October

The market keeps hitting record highs, and many investors fear putting new money to work. It's always a market of stocks, not a stock market. Wonderful blue-chip bargains are always on sale if you kno...

Other symbols: AWRBTICFRCVXCWTDEOFRT
6 weeks ago - Seeking Alpha

If I Were To Retire, I'd Buy These 3 Dividend Stocks Without Hesitation

Dividend investing should focus on safe, steady income rather than chasing high yields. Companies with massive payouts may face underlying financial struggles. Investors need dividends that preserve p...

Other symbols: EPDO
6 weeks ago - Seeking Alpha

Buy 4 September Dividend Aristocrats And Watch 6

The S&P 500 Dividend Aristocrats list was rebalanced in January 2024, with notable changes including the removal of Walgreens and 3M, and the addition of Fastenal and Kenvue.

2 months ago - Seeking Alpha

Canada's Largest Food Distributor Adds Electric Tractors to Fleet in Victoria, British Columbia

This is a part of Sysco Corporation's larger sustainability commitment which aims to reduce scope 1 and 2 emissions by 27.5% by 2030 This is a part of Sysco Corporation's larger sustainability commitm...

2 months ago - GlobeNewsWire

Sysco Corporation (SYY) Barclays 17th Annual Global Consumer Staples Conference (Transcript)

Sysco Corporation (NYSE:SYY) Barclays 17th Annual Global Consumer Staples Conference September 4, 2024 1:30 PM ET Company Participants Kevin Hourican - Chairman, President and CEO Kenny Cheung - CFO ...

2 months ago - Seeking Alpha

10 Dividend Aristocrat Bargains Too Good To Miss

Peter Lynch achieved 29% annual returns for 13 years, focusing on safety, quality, and growth at a reasonable price, or GARP. Lynch popularized the PEG (price/earnings/growth) ratio. During the last 3...

Other symbols: ABTADPCBUCFRCSLCVXEMR
2 months ago - Seeking Alpha

3 Fortune 500 Industry Leaders Boast Ideal August Dividends

The June/July 2024 edition of Fortune revealed the 500 biggest U.S. companies by revenue and profits. Dogcatcher's quest to sniff-out the best dividend-buys focused on 66 industry-leaders (IL) using Y...

Other symbols: ABTADMCOPCSCOCVSETHAL
2 months ago - Seeking Alpha

Twenty-Three Sysco Delivery Partners Inducted Into the 2024 International Foodservice Distribution Truck Driver Hall of Fame

HOUSTON, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, announced that the International Foodservice Distribution Association (IFDA) named...

2 months ago - GlobeNewsWire

Sysco Leading the Industry in FSMA Food Traceability Compliance

HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY), the world's largest food distributor, today announced its comprehensive plan to support the Food Traceability Rule, issued by t...

2 months ago - GlobeNewsWire

Sysco to Webcast Presentation at: Barclays 17th Annual Global Consumer Staples Conference and Wells Fargo 7th Annual Consumer Conference

HOUSTON, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation from the Barclays 17th Annual Global Consumer Staples Conference ...

2 months ago - GlobeNewsWire

10 Dividend Aristocrat Bargain Buys You Don't Want To Miss

Market volatility has become extreme, but smart investors know that great stock returns are created by volatility. Missing the market's best 60 days over the last 20 years resulted in 75% inflation-ad...

Other symbols: AWRCFRCSLDEOEPDMONEE
3 months ago - Seeking Alpha

Sysco Announces New Director to Board

HOUSTON, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY), the world's largest food distributor, announced today that Roberto Marques will join Sysco's Board of Directors effective Augus...

3 months ago - GlobeNewsWire

Sysco Declares Quarterly Dividend Payment

HOUSTON, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.51 per share, payable on October 25...

3 months ago - GlobeNewsWire

53 August Dividend Kings: Buy 7, Watch 9 More

“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. B...

Other symbols: ADMBKHCWTFRTFTSGPCHRL
3 months ago - Seeking Alpha

Sysco Corporation (SYY) Q4 2024 Earnings Call Transcript

Sysco Corporation (NYSE:SYY) Q4 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Kevin Kim - VP, IR Kevin Hourican - Chairman and CEO Kenny Cheung - CFO Conference Call Pa...

3 months ago - Seeking Alpha

Food supplier Sysco beats quarterly profit estimates on easing costs

Packaged and fresh food supplier Sysco beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by easing cost pressures, even as it missed sales expectations.

3 months ago - Reuters

Sysco: Bargain Priced Dividend Aristocrat With Long-Term Growth Potential - Strong Buy

With the resurgence of M&A activity in the food distribution industry, Sysco is poised to be one of the biggest beneficiaries. Sysco's extensive scale advantages and robust financial position uniquely...

3 months ago - Seeking Alpha