Sysco Corp. (SYY) Stock Forecast & Predictions

Sysco Corp. SYY: $82.38

1390 Enclave Pkwy, Houston, Texas, US. | Sector: Retail Trade | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.sysco.com/

  • Market Cap$42.06B
  • Change (52 Weeks)64.88%
  • Low (52 Weeks)$42.99
  • Sysco Corp. (SYY) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Sysco Corp. (SYY) stock price is $82.38 and the 52 weeks low is $42.99, which means the Sysco Corp. stock price is up 64.88% in the last 12 months.

    Sysco Corp. (SYY) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that SYY Stock price might rise further, 25.00% indicating that SYY Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall SYY stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Sysco Corp. (SYY) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Sysco Corp. (SYY) is based on 17 Institutional Analyst Ratings where 35.29% are on Strong Buy, 11.76% on Moderate Buy, 52.94% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 17 Institutional Analysts, majority recommended SYY stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Sysco Corp..

    Sysco Corp. (SYY) Stock Price Prediction By Analysts


    HighLowAverage
    $93.45$74.74$85.17
    $85.173.39% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for SYY set by the institutional analysts is $85.17 where High Estimate is $93.45, Median $85.68 and Low $74.74.

    The average price target for SYY by Institutional Analysts is $85.17, which is 3.39% Upside from the current price. So according to the Institutional Analysts, SYY Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Sysco Corp. (SYY) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with SYY stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about SYY and holding their positions hoping for a further rise in the stock price and more profit.

    Sysco Corp. (SYY) Stock Forecast Based on News Sentiment


    Neutral
    Based on 4 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of SYY consisting of positive and negative, it shows that Sysco Corp. had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so SYY stock price most likey won't have any reaction to last weeks news coverage.

    Sysco Corp. (SYY) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyEqual-WeightMaintained
    JP MorganNeutralMaintained
    Wells FargoOverweightMaintained
    JP MorganNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    Consumer Edge ResearchEqual-WeightUpgraded
    Morgan StanleyEqual-WeightInitiated
    Wolfe ResearchPeer PerformInitiated
    Credit SuisseOutperformMaintained
    Edward JonesBuyUpgraded
    Wells FargoOverweightUpgraded
    Piper SandlerOverweightUpgraded
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalMarket PerformDowngraded
    JefferiesBuyUpgraded
    Argus ResearchHoldDowngraded
    Wells FargoEqual-WeightMaintained
    Wells FargoEqual-WeightDowngraded
    Credit SuisseOutperformMaintained
    BMO CapitalOutperformMaintained
    Piper SandlerNeutralDowngraded
    PiperJaffrayOverweightInitiated
    CitigroupNeutralMaintained
    SVB LeerinkOutperformMaintained
    Credit SuisseOutperformMaintained
    Bank of AmericaNeutralMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    BarclaysEqual-WeightMaintained
    Consumer EdgeUnderweightInitiated
    JP MorganOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    Buckingham ResearchBuyMaintained
    Bank of AmericaNeutralDowngraded
    CitigroupNeutralMaintained
    RBC CapitalSector PerformMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalOutperformMaintained
    BuckinghamBuyInitiated
    ArgusBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalOutperformMaintained
    Pivotal ResearchSellDowngraded
    Morgan StanleyEqual-WeightMaintained
    CitigroupNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformInitiated
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    Loop CapitalBuyMaintained
    Bank of AmericaBuyMaintained
    Loop CapitalBuyMaintained
    Morgan StanleyEqual-WeightUpgraded
    Loop CapitalBuyInitiated
    BMO CapitalOutperformUpgraded
    JP MorganOverweightUpgraded
    Credit SuisseOutperformUpgraded
    RBC CapitalSector PerformInitiated
    Credit SuisseNeutralDowngraded
    BarclaysEqual-WeightUpgraded
    Bank of AmericaBuyUpgraded
    JefferiesHoldMaintained
    BarclaysUnderweightInitiated
    ArgusBuyMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldInitiated
    Bank of AmericaNeutralInitiated
    Credit SuisseOutperformMaintained
    ArgusBuyMaintained
    Pivotal ResearchHoldUpgraded
    MacquarieOutperformMaintained
    Goldman SachsSellMaintained
    Cleveland ResearchNeutralUpgraded
    JP MorganNeutralMaintained
    Credit SuisseOutperformMaintained
    ArgusBuyUpgraded
    Morgan StanleyUnderweightDowngraded
    BarclaysUnderweightMaintained
    Goldman SachsSellInitiated
    Wells FargoOutperformInitiated
    JP MorganNeutralMaintained
    JefferiesHoldMaintained
    Pivotal ResearchSellInitiated
    JefferiesHoldMaintained
    Deutsche BankHoldDowngraded
    BarclaysUnderweightMaintained
    Credit SuisseOutperformUpgraded
    JP MorganNeutralMaintained
    Deutsche BankBuyUpgraded
    CitigroupNeutralMaintained
    BMO CapitalMarket PerformInitiated
    CitigroupNeutralMaintained
    JefferiesHoldMaintained
    Morgan StanleyEqual-weightInitiated
    CitigroupNeutralMaintained
    Credit SuisseNeutralUpgraded
    JefferiesHoldInitiated
    Deutsche BankHoldInitiated
    JP MorganNeutralMaintained
    Cantor FitzgeraldSellDowngraded
    Credit SuisseUnderperformMaintained
    Morgan StanleyUnderweightDowngraded
    Edward JonesHoldDowngraded
    Credit SuisseUnderperformMaintained
    BarclaysUnderweightMaintained
    JP MorganNeutralMaintained

    Sysco Corp. (SYY) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.619
    The average consensus EPS for SYY is $0.619 with a high estimate of $1.103 and Low of $0.431 for the period 2021-06-30 and based on 12 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.34$0.24781362020-09-30


    The latest average Earning Per Share Estimate for Sysco Corp. is $0.62, which is higher than SYY's last EPS, $0.34. This means that Analysts are expecting Sysco Corp. to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Sysco Corp..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.34$0.24781362020-09-30
    $-0.29$-0.30161632020-06-30
    $0.45$0.59017332020-03-31
    $0.85$0.844362019-12-31
    $0.98$0.97548832019-09-30
    $1.1$1.07013539999999982019-06-30
    $0.79$0.70762622019-03-31
    $0.75$0.734272018-12-31
    $0.91$0.92670532018-09-30
    $0.94$0.93932018-06-30
    $0.67$0.63990572018-03-31
    $0.66$0.65104599999999992017-12-31
    $0.74$0.72942199999999992017-09-30
    $0.72$0.72187729999999992017-06-30
    $0.51$0.5203522017-03-31
    $0.58$0.54561209999999992016-12-31
    $0.63$0.58515359999999992016-09-30
    $0.64$0.61172670000000012016-06-30
    $0.46$0.41957422016-03-31
    $0.45$0.40951462015-12-31
    $0.52$0.52079639999999992015-09-30
    $0.52$0.51152462015-06-30
    $0.4$0.418139999999999962015-03-31
    $0.41$0.412082014-12-31
    $0.52$0.51173669999999992014-09-30
    $0.5$0.50659582014-06-30
    $0.38$0.39077912014-03-31
    $0.4$0.40778752013-12-31
    $0.56$0.48159832013-09-30
    $0.47$0.54988442013-06-30
    $0.4$0.43432013-03-31
    $0.4$0.412413300000000042012-12-31
    $0.49$0.50583832012-09-30
    $0.55$0.54876332012-06-30
    $0.44$0.43008832012-03-31
    $0.43$0.44348092011-12-31
    $0.55$0.51622112011-09-30
    $0.57$0.57572011-06-30
    $0.46$0.41634222011-03-31
    $0.44$0.469652010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).