Morgan Stanley Maintains Equal-Weight on US Foods Hldg, Raises Price Target to $46
Morgan Stanley analyst John Glass maintains US Foods Hldg (NYSE:USFD) with a Equal-Weight and raises the price target from $44 to $46.
Credit Suisse Maintains Outperform on US Foods Hldg, Raises Price Target to $47
Credit Suisse analyst Lauren Silberman maintains US Foods Hldg (NYSE:USFD) with a Outperform and raises the price target from $46 to $47.
US Foods Clocks 11.5% Sales Growth In Q4; Bottom-Line Beats Street View
US Foods Holdings Corp (NYSE:USFD) reported fourth-quarter FY22 sales growth of 11.5% year-on-year to $8.52 billion, missing the consensus of $8.53…
Earnings Scheduled For February 16, 2023
Companies Reporting Before The Bell
• RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022.
• Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.
US Foods, Applied Materials And 3 Stocks To Watch Heading Into Thursday
With US futures trading slightly higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
Investor Optimism Improves Further Following Retail Sales Report
The CNN Money Fear and Greed index showed slight improvement in the overall sentiment among US investors.
The Nasdaq recorded gains for three sessions in a row as investors digested the recent retail sales data. US retail sales rose 3% month-over-month in January, recording the biggest growth since March 2021 and above market expectations for a 1.8% increase.
5 Most Expensive Risk Off Stocks You Should Worry About
The most overbought stocks in the consumer staples sector presents an opportunity to go short on these overvalued companies.
Morgan Stanley Maintains Equal-Weight on US Foods Hldg, Raises Price Target to $36
Morgan Stanley analyst John Glass maintains US Foods Hldg (NYSE:USFD) with a Equal-Weight and raises the price target from $34 to $36.
US Foods Holding Registers 13% Revenue Growth In Q3
US Foods Holding Corp (NYSE:USFD) reported third-quarter FY22 sales growth of 13.1% year-on-year to $8.92 billion, beating the consensus of $8.75…
US Foods Tightens FY22 Adj. EPS Outlook To $2.10 – $2.20 From $1.95 – $2.25 Prior, Vs. $2.26 Estimate
Outlook for Fiscal Year 2022
The Company is updating its 2022 guidance to:
Adjusted EBITDA of $1.28-$1.30 billion
Adjusted Diluted EPS of $2.10-$2.20
Interest expense of $250-$255 million
Cash capitalOutlook for Fiscal Year 20221
The Company is updating its 2022 guidance to: