Sysco Corporation (SYY)
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]
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 StatementsAnalyst 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.
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...
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 ...
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...
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...
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 ...
Final Trades: Delta Air Lines, Sysco and GXO Logistics Inc.
Today's Final Trades from the Investment Committee.
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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.
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...