Initiating Free Research Reports on Sysco and Three Other Food Wholesale Equities
Stock Research Monitor: HAIN, UNFI, and USFD
LONDON, UK / ACCESSWIRE / May 31, 2018 / If you want a free Stock Review on SYY sign up now at www.wallstequities.com/registration. On May 21st, 2018, First Research reported that rising global populations and demand for food are expected to drive growth in the food distribution industry, especially in emerging markets where disposable incomes are growing. Because of the perishability of many of the products they distribute, Food Wholesalers typically operate within a single country or region. Ahead of today’s trading session, WallStEquities.com covers the recent performance of: Sysco Corp. (NYSE: SYY), The Hain Celestial Group Inc. (NASDAQ: HAIN), United Natural Foods Inc. (NASDAQ: UNFI), and US Foods Holding Corp. (NYSE: USFD). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Sysco
Houston, Texas headquartered Sysco Corp.’s stock finished Wednesday’s session 1.38% higher at $66.05 with a total trading volume of 2.30 million shares. The Company’s shares have advanced 5.61% in the past month, 10.73% over the previous three months, and 21.86% over the past year. The stock is trading above its 50-day and 200-day moving averages by 6.84% and 13.28%, respectively. Furthermore, shares of Sysco, which 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 US, Canada, Bahamas, Mexico, Costa Rica, Panama, the UK, France, Sweden, Ireland, Belgium, Spain, and Luxembourg, have a Relative Strength Index (RSI) of 75.35.
On May 02nd, 2018, research firm Pivotal Research Group reiterated its ‘Buy’ rating on the Company’s stock with a decrease of the target price from $61 a share to $56 a share.
On May 24th, 2018, Sysco announced that its Board of Directors declared a regular quarterly cash dividend of $0.36 per share, payable on July 27th, 2018, to common shareholders of record at the close of business on July 06th, 2018. Get the full research report on SYY for free by clicking below at:
www.wallstequities.com/registration/?symbol=SYY
Hain Celestial Group
Shares in Lake Success, New York headquartered The Hain Celestial Group Inc. ended at $26.13, up 1.95% from the last trading session. The stock recorded a trading volume of 809,885 shares. The Company’s shares are trading 11.64% below their 50-day moving average. Moreover, shares of Hain Celestial, which manufactures, markets, distributes, and sells organic and natural products, have an RSI of 36.17.
On May 08th, 2018, research firm Maxim Group reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $50 a share to $40 a share.
On May 08th, 2018, Hain Celestial reported its results for Q3 ended March 31st, 2018. Net sales for the quarter were $632.7 million, gross margin was 21.0%, and operating income was $29.3 million. Net income for Q3 of fiscal 2018 was $25.2 million, and EBITDA was $51.5 million. Gain free access to the research report on HAIN at:
www.wallstequities.com/registration/?symbol=HAIN
United Natural Foods
Providence, Rhode Island headquartered United Natural Foods Inc.’s stock ended yesterday’s session 2.58% higher at $46.55. A total volume of 553,018 shares was traded, which was above their three months average volume of 450,150 shares. The Company’s shares have advanced 3.40% in the past month, 9.09% over the previous three months, and 17.08% over the past year. The stock is trading 4.54% and 7.42% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the US and Canada, have an RSI of 59.62.
On May 23rd, 2018, United Natural Foods announced that it will release its financial results for Q3 FY18 ended April 28th, 2018, after market close on June 06th, 2018. Management will host a conference call on the same day at 5:00 p.m. ET to discuss the results, market trends, and outlook. Signing up today on Wall St. Equities will give you access to the latest report on UNFI at:
www.wallstequities.com/registration/?symbol=UNFI
US Foods Holding
On Wednesday, shares in Rosemont, Illinois headquartered US Foods Holding Corp. recorded a trading volume of 1.91 million shares. The stock finished 1.55% higher at $36.11. The Company’s shares have advanced 5.65% in the last month, 8.15% in the previous three months, and 20.69% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.69% and 17.76%, respectively. Furthermore, shares of the Company, which through its subsidiary, US Foods, Inc., markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the US, have an RSI of 66.82.
On May 15th, 2018, research firm Morgan Stanley upgraded the Company’s stock rating from ‘Equal-Weight’ to ‘Overweight’.
On May 22nd, 2018, US Foods announced that its CFO, Dirk Locascio, will present at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference on June 05th, 2018, at 10:05 a.m. EST in New York City. A live audio webcast will be available under the Investor Relations page of the Company’s website. Register now for today’s free coverage on USFD at:
www.wallstequities.com/registration/?symbol=USFD
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