Is Sysco Corporation (SYY) a Profitable Addition to Your Portfolio?

Bertrand Greg D, EVP, subtracted 25,000 shares of Sysco Corporation (SYY) from its portfolio at the rate of $81.06 per share valuing $2,026,500 on Nov 01. The insider left behind 29,879 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $81.28, with a 2nd Resistance Point sitting at $81.86. Meanwhile, this company’s stock has a 1st Support Level at $79.88 and a 2nd Support Level at $79.06. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Sysco Corporation (SYY) was $80.70. Sysco Corporation (SYY) stock has gained $0.55, or 0.69%, in the past five days. In the last full month, these shares have gained $1.56, or 1.97%. In the past three months, this stock’s price has risen by $7.74, or 10.61%. This year-to-date, Sysco Corporation (SYY) shares have gained $18.04, or 28.79%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Sysco Corporation (SYY) stock, 100% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

With 510,227 K shares outstanding, this company currently has a market capitalization of $41,639,624K. Sysco Corporation (SYY) generates $60,114 M in annual sales, amounting to annual net income of $1,674 M. This stock has generated a 1-Year Total Return of 21.55%, a 3-Year Total Return of 53.58%, and a 5-year Total Return of 105.57%. This stock’s 5-Year Dividend Growth is 31.58%, with its most recent dividend valued at $0.390 per share on 10/03/19. Its Annual Dividend Yield is 1.91%, and its Annual Dividend Rate is 1.56.

In the most recently-reported fiscal quarter, which ended in 09/19, Sysco Corporation (SYY) reported earnings of $0.98 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.97 per share, representing a 0.01 difference and 1.03% surprise. In the previous quarter ending in 06/19, the reported earnings of $1.10 represented a 0.03 difference from the consensus estimate calling for $1.07 per share, which was a 2.80% surprise.

For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is $0.84 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was $0.84 and the low estimate was $0.83. In the year-ago quarter, Sysco Corporation (SYY) generated per-share earnings of $0.75. If the analysts are correct about the current quarter’s earnings, the growth will be +12.00%.

Turning our focus now to insider trading activity, there have been 16 purchases (425,624 shares in total) and 14 sale (472,999 shares in total) in the last 3 months. In the last 6 months, there have been 31 insider buys amounting to 579,530 shares and 24 insider sales amounting to 532,748 shares. In the past full year, 61 insider purchases were made (involving 669,332 shares) and 47 insider sell-offs equivalent to 13,025,495 shares.

Moving onto liquidity, Sysco Corporation (SYY) has a Current Ratio of 1.33, a Quick Ratio of 0.81 and a Cash Ratio of 0.08. Looking at this company’s capital structure, its Total Debt to Total Equity is 326.19, its Total Debt to Total Capital is 76.54, and its Total Debt to Total Assets is now 45.44. Looking even further ahead into the future, its Long-Term Debt to Equity is 9.10 and its Long-Term Debt to Total Capital is 324.54.