EPS for Sysco Corporation (SYY) Expected At $0.92

October 13, 2018 - By Adrian Erickson

Sysco Corporation (NYSE:SYY) LogoInvestors sentiment increased to 0.88 in Q2 2018. Its up 0.08, from 0.8 in 2018Q1. It improved, as 41 investors sold Sysco Corporation shares while 355 reduced holdings. 97 funds opened positions while 250 raised stakes. 407.24 million shares or 0.32% less from 408.53 million shares in 2018Q1 were reported.
Wellington Shields And Co Llc invested in 0.14% or 4,000 shares. Ny State Common Retirement Fund reported 0.12% in Sysco Corporation (NYSE:SYY). Ashford Cap Inc owns 0.09% invested in Sysco Corporation (NYSE:SYY) for 9,940 shares. Commonwealth Of Pennsylvania School Empls Retrmt Systems reported 50,175 shares. Envestnet Asset accumulated 99,238 shares. Columbia Asset Mgmt accumulated 0.27% or 13,810 shares. Granite Invest holds 0.07% of its portfolio in Sysco Corporation (NYSE:SYY) for 16,475 shares. Mcdaniel Terry & owns 4,296 shares. Cambridge Invest Incorporated invested 0.08% of its portfolio in Sysco Corporation (NYSE:SYY). Royal Commercial Bank Of Scotland Public Limited Com holds 0.11% or 7,641 shares in its portfolio. Geode Cap Mngmt Limited Liability Com holds 0.1% or 5.01 million shares. Sigma Planning holds 33,829 shares or 0.15% of its portfolio. Dearborn Prtn Limited Liability Co has 8,189 shares. Gateway Inv Advisers Ltd Liability stated it has 26,196 shares. Leisure Management has invested 0.51% in Sysco Corporation (NYSE:SYY).

Since April 16, 2018, it had 0 insider purchases, and 17 sales for $1.05 billion activity. Frank Joshua D. had sold 2.28M shares worth $150.74 million on Tuesday, June 12. The insider TILGHMAN RICHARD G sold $332,200. Grade Joel T. had sold 17,438 shares worth $1.19 million on Friday, June 29. $209.38 million worth of Sysco Corporation (NYSE:SYY) was sold by PELTZ NELSON on Wednesday, September 5. Todd Brian R also sold $675,232 worth of Sysco Corporation (NYSE:SYY) shares.

Analysts expect Sysco Corporation (NYSE:SYY) to report $0.92 EPS on November, 5.They anticipate $0.18 EPS change or 24.32 % from last quarter’s $0.74 EPS. SYY’s profit would be $479.04 million giving it 18.70 P/E if the $0.92 EPS is correct. After having $0.94 EPS previously, Sysco Corporation’s analysts see -2.13 % EPS growth. The stock increased 0.48% or $0.33 during the last trading session, reaching $68.82. About 2.17M shares traded. Sysco Corporation (NYSE:SYY) has risen 40.95% since October 13, 2017 and is uptrending. It has outperformed by 25.33% the S&P500.

Sysco Corporation (NYSE:SYY) Ratings Coverage

Among 6 analysts covering Sysco (NYSE:SYY), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Sysco had 9 analyst reports since April 18, 2018 according to SRatingsIntel. The firm has “Sell” rating given on Friday, August 10 by Pivotal Research. Morgan Stanley maintained the shares of SYY in report on Tuesday, July 17 with “Equal-Weight” rating. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, May 8. Argus Research maintained Sysco Corporation (NYSE:SYY) rating on Thursday, August 16. Argus Research has “Buy” rating and $86 target. BMO Capital Markets maintained the shares of SYY in report on Tuesday, August 14 with “Outperform” rating. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, May 8. Citigroup maintained Sysco Corporation (NYSE:SYY) rating on Tuesday, June 19. Citigroup has “Neutral” rating and $69 target. On Tuesday, August 14 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, Bahamas, Mexico, Costa Rica, Panama, the United Kingdom, France, Sweden, Ireland, Belgium, Spain, and Luxembourg. The company has market cap of $35.83 billion. It operates through three divisions: U.S. It has a 25.49 P/E ratio. Foodservice Operations, International Foodservice Operations, and SYGMA.

More important recent Sysco Corporation (NYSE:SYY) news were published by: Globenewswire.com which released: “Tom Bené Named Chairman of Sysco’s Board of Directors” on September 17, 2018, also Globenewswire.com published article titled: “Introducing Sysco Earth Plus® – Planet-Friendly, Everyday Essentials”, Seekingalpha.com published: “Sysco Corporation: On The Top Of The Rollercoaster?” on October 04, 2018. More interesting news about Sysco Corporation (NYSE:SYY) was released by: Globenewswire.com and their article: “Sysco’s Cutting Edge Solutions Introduces New Product Offerings” with publication date: September 24, 2018.

Sysco Corporation (NYSE:SYY) Institutional Positions Chart

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