US Food Holdings Corp Receives a Hold from BMO CapitalBy Ryan Adsit
According to TipRanks.com, Bania is a 1-star analyst with an average return of -2.2% and a 40.0% success rate. Bania covers the Services sector, focusing on stocks such as Performance Food Group, The Chefs’ Warehouse, and United Natural Foods.
Currently, the analyst consensus on US Food Holdings Corp is Moderate Buy and the average price target is $25, representing a 6.6% upside.
In a report released yesterday, Pivotal Research also maintained a Hold rating on the stock with a $23 price target.
Based on US Food Holdings Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $5.81 billion and GAAP net loss of -$13,392,000. In comparison, last year the company earned revenue of $5.8 billion and had a net profit of $5.39 million.
US Foods Holding Corp. operates as a foodservice distributor. Its products include frozen and dry food and non-food products to foodservice customers throughout the U.S. The company offers services under brands Chef’s Line, del Pasado, Glenview Farms, Cattleman’s Selection, Cross Valley Farms, Harbor Banks, Hilltop Hearth, Devonshire, and Metro Deli. The company is headquartered in Rosemont, IL.