Sysco Corporation s in-depth stock price analysis indicates that the stock price has dropped -0.98% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 0.96% . Looking at the past 52 week period, the stock price is up at 21.78% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Sysco Corporation has a positive value of 18.49 compared to overall market. Stocks of Sysco Corporation (NYSE:SYY) rallied by 0.15% during the past week but lost 4.28% on a 4-week basis. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.66%. Sysco Corporation (NYSE:SYY) has underperformed the index by 5.99% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Sysco Corporation (NYSE:SYY) : On Friday heightened volatility was witnessed in Sysco Corporation (NYSE:SYY) which led to swings in the share price. The stock opened for trading at $52.19 and hit $52.695 on the upside , eventually ending the session at $52.62, with a gain of 0.71% or 0.37 points. The heightened volatility saw the trading volume jump to 3,475,869 shares. The 52-week high of the share price is $57.07 and the company has a market cap of $28,426 million. The 52-week low of the share price is at $42.05 .
SYSCO Corporation Last issued its quarterly earnings results on Feb 6, 2017. The company reported $0.58 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.54. The company had revenue of $13500.00 million for the quarter, compared to analysts expectations of $13532.78 million. The companys revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.SYSCO Corporation was Upgraded by JP Morgan to Overweight on Feb 7, 2017. SYSCO Corporation was Upgraded by Credit Suisse to Outperform on Feb 6, 2017. SYSCO Corporation was Initiated by RBC Capital Mkts on Jan 25, 2017 to Sector Perform, Price Target of the shares are set at $47.SYSCO Corporation was Upgraded by Goldman to Neutral on Dec 9, 2016. SYSCO Corporation was Downgraded by Credit Suisse to Neutral on Nov 16, 2016.
Company has reported several Insider transactions to the SEC, on Jan 19, 2017, William J Iii Delaney (Chief Executive Officer) sold 30,000 shares at 54.96 per share price.On Jan 19, 2017, Russell T. Libby (Executive Vice President) sold 22,217 shares at 54.89 per share price.On Jan 10, 2017, Robert S Charlton (Executive Vice President) sold 33,480 shares at 55.67 per share price.
Sysco Corporation is the largest North American distributor of food and food related products to the foodservice or food-prepared-away-from-home industry. The company provides its products and services to restaurants, healthcare and educational facilities, lodging establishments and other foodservice customers.