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Us Foods Holding Corp (USFD) stock reached a significant milestone, hitting an all-time high of $82.65. The food distribution giant, with a market capitalization of $19.1 billion and annual revenue of $38.3 billion, has earned a "GREAT" financial health score according to InvestingPro analysis. This achievement marks a notable moment for the company, reflecting a strong upward trajectory over the past year. The stock has experienced a remarkable 1-year change of 54.47%, underscoring investor confidence and robust performance. With a P/E ratio of 37.14 and analysts maintaining a Buy consensus, the momentum appears strong, though current valuations suggest the stock may be slightly overvalued. This surge is indicative of the company’s strategic initiatives and market positioning, which have resonated well with investors, pushing the stock to new heights. Discover 12 additional exclusive insights and comprehensive analysis in the US Foods Pro Research Report, available on InvestingPro.
In other recent news, US Foods has attracted takeover interest from Performance Food Group (NYSE:PFGC), according to a Bloomberg News report. This potential acquisition comes amid a trend of consolidation in the food distribution sector, although neither company has confirmed the report. US Foods was also awarded a substantial defense contract worth up to $187.8 million to supply food and beverage items, with the contract extending until June 2026. Additionally, shareholders of US Foods approved several key proposals at their annual meeting, including the election of directors and executive compensation, as well as the ratification of Deloitte & Touche LLP as the independent auditor for 2025.
Analyst activities have also been noteworthy, with Citi initiating coverage on US Foods with a Buy rating and a price target of $95, citing the company’s strong market position and digital innovation. UBS has raised its price target for US Foods to $84 while maintaining a Buy rating, noting the company’s effective execution and market share growth in the independent restaurant and healthcare channels. US Foods reported its 16th consecutive quarter of market share growth in the independent restaurant channel and an 18th consecutive quarter in the healthcare channel. The company’s net sales increased by 4.5%, and adjusted earnings per share grew by 26% year-over-year, showcasing robust financial performance amidst challenging industry conditions.
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