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US Foods Holding Corp (NYSE:USFD) stock soared to an all-time high of $78.18, marking a significant milestone for the $18 billion market cap foodservice distributor. According to InvestingPro analysis, the stock’s RSI indicates overbought territory, suggesting investors should monitor technical signals carefully. This peak reflects a remarkable year for USFD, with the stock witnessing an impressive 49.11% increase over the past year. Investors have shown growing confidence in the company’s strategy and market position, as evidenced by the stock’s robust performance and the attainment of this new record level. With annual revenue exceeding $38 billion and an overall Financial Health Score of "GREAT" on InvestingPro, the company demonstrates strong operational efficiency in navigating the dynamic food distribution industry. While current analysis suggests slight overvaluation relative to Fair Value, 11 analysts have recently revised their earnings expectations upward, reflecting continued optimism about the company’s prospects.
In other recent news, US Foods Holding Corp. reported strong results from its annual stockholders meeting, where all nominated directors were elected, and executive compensation was approved. The shareholders also ratified Deloitte & Touche LLP as the independent auditor for fiscal year 2025. Additionally, a proposal allowing shareholders to call a special meeting with a 15% ownership threshold was approved, signaling increased shareholder engagement. Citi initiated coverage on US Foods with a Buy rating and a $95 price target, highlighting the company’s growth in gross profit and digital innovation. UBS also maintained a Buy rating, raising the price target to $84, noting US Foods’ consistent market share growth and a 4.5% increase in net sales despite challenging conditions. BMO Capital Markets increased its price target to $85, maintaining an Outperform rating due to strong first-quarter earnings and EBITDA growth. Meanwhile, CFRA raised its price target to $59 but kept a Sell rating, citing concerns over consumer sentiment and spending. These developments reflect varied analyst perspectives on US Foods’ performance and future prospects.
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