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SYSCO (SYY) Posts Quarterly Results

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SYSCO (NYSE:SYY) posted a quarterly gain formula on Monday. The association reported $0.20 gain per share (EPS) for a quarter, blank a accord guess of $0.51 by $0.31, Analyst Ratings.Net reports. The association had income of $12.45 billion for a quarter, compared to a accord guess of $12.35 billion. During a same entertain in a prior year, a association posted $0.49 gain per share. The company’s income for a entertain was adult 6.2% on a year-over-year basis.

Several analysts have recently commented on a stock. Analysts during Zacks reiterated a “neutral” rating on shares of SYSCO in a investigate note on Wednesday, Oct 15th. They now have a $39.00 cost aim on a stock. On a associated note, analysts during BMO Capital Markets instituted coverage on shares of SYSCO in a investigate note on Monday, Sep 29th. They set an “equal weight” rating and a $40.00 cost aim on a stock. Finally, analysts during BMO Capital Markets instituted coverage on shares of SYSCO in a investigate note on Tuesday, Sep 9th. They set a “market perform” rating and a $39.00 cost aim on a stock. Six investigate analysts have rated a batch with a reason rating, The association now has a accord rating of “Hold” and a accord aim cost of $38.25.

Shares of SYSCO (NYSE:SYY) non-stop during 37.49 on Tuesday. SYSCO has a 52-week low of $32.80 and a 52-week high of $43.40. The stock’s 50-day relocating normal is $37.53 and a 200-day relocating normal is $37.20. The association has a marketplace top of $21.998 billion and a P/E ratio of 23.73.

Sysco Corporation (NYSE:SYY), along with a subsidiaries and divisions, is a North American distributor of food and associated products essentially to a foodservice or food-away-from-home industry.

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Article source: http://tickerreport.com/banking-finance/335633/sysco-syy-posts-quarterly-results/

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