
SYY stock has a history of steady growth, with a compound annual growth rate (CAGR) of 10.2% over the past 10 years.
The company's revenue has consistently increased, with a 5-year average annual growth rate of 7.1%.
Sysco's strong financial position allows for investments in new technologies and business strategies.
The company's market capitalization is around $20 billion, indicating a significant presence in the industry.
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Stock Performance
The current price of Sysco stock is $79.16, which is a 5.87% increase over the past year. The 52-week high is $83.47, while the 52-week low is $67.12.
In the past 14 days, the stock has experienced some volatility, with the opening price ranging from $77.985 to $82.915, and the closing price ranging from $78.040 to $83.270.
Here's a summary of the stock's performance over the past 14 days:
Note that the stock has experienced some fluctuations in the past 14 days, but it's essential to keep an eye on the overall trend and consider multiple factors when making investment decisions.
History & Performance
Let's take a closer look at the history and performance of this stock. The current share price is US$79.16, which is a significant drop from its 52-week high of US$83.47.
The stock has experienced some volatility, with a 52-week low of US$67.12. This shows that the stock has had its ups and downs over the past year.
In the past month, the stock has seen a decline of -3.92%, while over the past three months, it has decreased by -1.98%. This suggests that the stock has been experiencing a slight downturn recently.
Over a longer period, the stock has shown some growth, with a 1-year change of 5.87% and a 5-year change of 35.69%. This is a notable increase, especially considering the stock's impressive change since its IPO, which stands at a staggering 58,658.04%.
Here's a summary of the stock's performance over the past year:
This table provides a quick overview of the stock's performance over different timeframes.
Latest
The latest forecasts from top analysts suggest that some stocks are poised for significant growth. John Glass from Morgan Stanley maintains a hold rating with a price target of $82, indicating a 9.30% upside.
Adam Samuelson from Jefferies stands out with a strong buy rating, maintaining his stance with a price target of $95, representing a 31.43% upside. This is a notable increase from his previous target of $91.
Edward Kelly from Wells Fargo also suggests buying the stock, maintaining his rating with a price target of $82, indicating a 13.45% upside.
Here's a summary of the latest forecasts:
Adam Samuelson's strong buy rating from Jefferies is notable, as he also maintained this rating in a previous forecast with a price target of $92, indicating a 27.28% upside.
Market Analysis
The market analysis for SYNNEX Corporation, or SYNNEX, shows a strong trend in the technology sector. The company's revenue growth has been impressive, with a 5-year CAGR of 7.3%.
SYNNEX's business model is built around providing IT solutions and services to its customers, which has helped the company stay competitive in the market. This model has allowed SYNNEX to expand its reach and increase its revenue.
The company's focus on innovation and customer satisfaction has led to a loyal customer base, with many customers choosing SYNNEX as their go-to provider for IT solutions. This loyalty has helped SYNNEX maintain a high customer retention rate.
SYNNEX's financial performance has been solid, with a debt-to-equity ratio of 0.35 and a quick ratio of 1.33. These metrics indicate that the company has a strong financial position and is well-equipped to handle any challenges that may arise.
The company's management team has a proven track record of success, with many years of experience in the technology industry. This experience has helped SYNNEX navigate the ever-changing technology landscape and stay ahead of the competition.
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Stock Forecast
The stock forecast for SYY is looking relatively stable, with a slight drop expected in the short term. The Sysco stock price may drop from 78.600 USD to 78.572 USD, a change of -0.0355%.
Analysts seem to be optimistic about the stock's performance, with 14 stock analysts giving an average rating of "Strong Buy". This suggests that they believe the stock is likely to outperform the market in the near future.
The average 1-year price target for SYY is 87.69 USD, with a low forecast of 77.77 USD and a high forecast of 97.65 USD. This indicates a potential for growth, but also a significant range of possible outcomes.
Revenue is expected to increase, with a high estimate of 96.4B USD in 2027. This represents a growth of 11.4% from the previous year.
Here's a summary of the revenue forecast:
Revenue growth is also expected to be strong, with a high estimate of 10.3% in 2025. However, the projected CAGR for the next 3 years is 4%, which is lower than the historical CAGR of 5% over the last 13 years.
The compound annual growth rate for Sysco Corp's operating income is 5%, while the projected CAGR for the next 3 years is 5%. Similarly, the compound annual growth rate for Sysco Corp's net income is 4%, while the projected CAGR for the next 3 years is 14%.
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Risk and Volatility
SYY has a relatively stable share price, with an average weekly movement of 2.7%, which is lower compared to the Consumer Retailing Industry average movement of 5.4%.
The company's price volatility is also lower compared to the market average movement of 6.5%. This suggests that SYY's stock price is less prone to sudden fluctuations.
In terms of historical volatility, SYY's weekly volatility has been stable over the past year, with a consistent movement of 3%. This is a reassuring sign for investors who value predictability.
Here's a comparison of SYY's volatility with the industry and market averages:
Will Stock Fall?
The Sysco stock price can drop, as seen in the example where it may fall from 78.600 USD to 78.572 USD, a change of -0.0355%.
This kind of price drop can happen to any stock, making it essential to monitor market trends and adjust your investment strategy accordingly.
According to our analysis, a stock price crash can indeed occur, as stated in the example where it's mentioned that this can happen.
It's crucial to stay informed about market fluctuations and be prepared for any potential drops in stock prices.
Company Information
Sysco Corporation has a rich history that dates back to 1969. The company was founded in that year and has since grown to become a leading player in the foodservice industry.
Sysco employs a large workforce of 75,000 people, making it a significant employer in the industry.
The company operates through several segments, including U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other.
Here's a quick overview of Sysco's key executives and contact information:
Competitors
When evaluating Sysco's (SYY) position in the market, it's essential to consider its competitors.
Sysco's competitors are chosen from the Distribution Services sector and Food Distributors group.
The market capitalization of Sysco's competitors is significant, with a range of $10 billion to $200 billion, placing Sysco in the large capitalization category.
This large capitalization category is a notable aspect of Sysco's market presence.
A market capitalization between $10 billion and $200 billion is a substantial figure, indicating the size and scope of Sysco's competitors.
Sysco's competitors are part of a large and established group of companies in the Distribution Services sector and Food Distributors group.
Here's a list of the characteristics of Sysco's competitors:
- Industry: Distribution Services
- Group: Food Distributors
- Market capitalization: $10 billion - $200 billion
- Category: Large capitalization
About the Company
Sysco Corporation has been around since 1969, making it a well-established player in the food industry.
The company has a significant workforce, with over 75,000 employees worldwide.
At the helm is CEO Kevin Hourican, who is leading the company's efforts.
Sysco's website is a great resource for learning more about the company, and can be found at www.sysco.com.
Sysco operates in several key segments, including U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other.
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