Sysco Corporation (SYY) earnings: expect 4% revenue growth

11:40 am ET, 03 May 2019

Sysco Corporation (SYY) is announcing earnings on May 06, before market opening. Wondering what revenue and earnings will look like?

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $14.88B, which implies a 4% growth rate year-over-year.

Earnings per share are expected to come in at $0.70. If this materializes, EPS will grow 4% year-over-year.

How did the stock do last month?

Over the last month, Sysco Corporation (SYY) returned +4.84%.

What do analysts say about the stock?

Sysco Corporation (SYY) average analyst price target is 1.01% above its current price ($70.37).

For the latest price and information on Sysco Corporation, please visit Finstead and ask for "SYY", "SYY analysis" or "SYY news".

Powered by Froala Editor

Sysco Corporation (SYY) Stock Guide

Updated at: 4:11 pm ET, 18 Sep 2020

Before we start: if you're looking for SYY stock price, you can quickly find it out by visiting Finny and typing "SYY quote". If you're looking for a quick scoop on SYY stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "SYY". You'll get all this info in one place. Or you can just type "SYY news" to get the latest stock news.

Looking to buy or sell Sysco Corporation (SYY)? Interested in getting the full scoop on SYY, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this SYY stock guide, we'll address key questions about SYY, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are SYY earnings?
2. What is SYY dividend?
3. What is SYY dividend yield?
4. What is SYY stock forecast (i.e., prediction)?
5. SYY buy or sell? What is SYY Finny Score?
6. What are the reasons to buy SYY? Why should I buy SYY stock?
7. What are the reasons to sell SYY? Why should I sell SYY stock?
8. What are SYY key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are SYY earnings?

SYY trailing 12-month earnings per share (EPS) is $0.42.

2. What is SYY dividend?

SYY forward dividend is $1.80.

3. What is SYY dividend yield?

SYY forward dividend yield is 2.99%.

Analyst Predictions

4. What is SYY stock forecast (i.e., prediction)?

Based on SYY analyst price targets, SYY stock forecast is $64.50 (for a year from now). That means the average analyst price target for SYY stock is $64.50. The prediction is based on 17 analyst estimates.

The low price target for SYY is $55.00, while the high price target is $74.00.

SYY analyst rating is Buy.

Analysis

5. SYY buy or sell? What is SYY Finny Score?

#{finnyScore:38}Our quantitative analysis shows 5 reasons to buy and 8 reasons to sell SYY, resulting in Finny Score of 38.

6. What are the reasons to buy SYY? Why should I buy SYY stock?

Here are the reasons to buy SYY stock:

  • Sysco dominates the U.S. foodservice industry (although is not always the leader in local markets), with revenue more than 2 times and operating income 3 times other industry peers.
  • After walking away from US Foods, management has maintained a more stringent eye on costs, and we doubt this focus will subside, following the appointment of activist investor Nelson Peltz to the board of directors.
  • From our vantage point, the diversity of Sysco's customer base is a plus, as no single customer accounts for more than 10% of total sales.
  • SYY profitability is improving. The YoY profit margin change was 0.37 percentage points. See SYY profitability chart.
  • SYY forward dividend yield is 2.99%, higher than the industry (0.84%) and sector (0.62%) forward dividend yields. See SYY forward dividend chart.
  • SYY PEG ratio (P/E adjusted for growth) is 1.59, which is low compared to its industry peers’ PEG ratios. See SYY PEG chart.
  • SYY average analyst rating is Buy. See SYY analyst rating chart.
  • SYY cash to debt ratio is 0.40, higher than the average industry (0.09) and sector (0.11) cash to debt ratio. See SYY cash to debt chart.

7. What are the reasons to sell SYY? Why should I sell SYY stock?

Let's look at the reasons to sell SYY stock (i.e., the bear case):

  • Volatile changes in energy prices, and the subsequent impact on packaging and distribution costs, and fluctuations in food costs have proved significant headwinds for foodservice distributors.
  • Given two thirds of Sysco's sales result from the restaurant sector, we expect volume growth to remain lumpy in the near term, as developed-market consumer spending has failed to meaningfully accelerate.
  • Despite past efforts to extract costs, Sysco has failed to realize much margin improvement, and challenges stemming from recent initiatives may distract management from its core business.
  • SYY stock price ($67.63) is close to the 52-week high ($68.74). Perhaps now is a good time to sell? See SYY price chart.
  • SYY quarterly revenue growth was -42.70%, lower than the industry and sector average revenue growth (2.66% and 1.12%, respectively). See SYY revenue growth chart.
  • SYY forward P/E ratio is 20.30, which is high compared to its industry peers’ P/E ratios. See SYY forward P/E ratio chart.
  • SYY Price/Book ratio is 26.36, which is high compared to its industry peers’ P/B ratios. See SYY forward Price/Book ratio chart.
  • SYY Price/Sales ratio is 0.58, which is high compared to its industry peers’ P/S ratios. See SYY forward Price/Sales ratio chart.
  • SYY average analyst price target ($64.50) is below its current price ($67.63). See SYY price target chart.
  • SYY short interest (days to cover the shorts) ratio is 5.12. The stock garners more short interest than the average industry, sector or S&P 500 stock. See SYY short interest ratio chart.
  • SYY Enterprise Value/Revenue multiple is 0.75, which is high compared to its industry peers’ Enterprise Value/Revenue multiples. See SYY Enterprise Value/Revenue chart.

Key Stats

8. What are SYY key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for SYY:

Metrics SYY
Price $62.07
Average Price Target / Upside $64.50 / 3.91%
Average Analyst Rating Hold
Forward Dividend Yield 2.99%
Industry Food Distribution
Sector Consumer Defensive
Number of Employees 67,000
Market Cap $30.56B
Forward P/E Ratio 20.30
Price/Book Ratio 0.58
Revenue (TTM) $52.89B
YoY Quarterly Revenue Growth -42.70%
Profit Margin 0.41%

If you liked this analysis, check out Stock Guides for other stocks.

Follow Us