Sysco is a food distribution company located in Texas, United States, which is part of the Consumer Defensive sector, and is traded under the ticker SYY on the NYSE exchange.
Sysco stock last closed at $76.04, up 1.88% from the previous day, and has decreased 6.05% in one year. It has overperformed other stocks in the Food Distribution industry by 0.02 percentage points. Sysco stock is currently +7.69% from its 52-week low of $70.61, and -16.92% from its 52-week high of $91.53.
There are currently 507.6M SYY shares outstanding. The market capitalization of SYY is $38.60B. In the last 24 hours, 2.34M SYY shares were traded.
You will need an online brokerage account in order to access the NYSE market and buy SYY stock.
We believe that eToro is the best stock brokerage. eToro gives you:
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountNow that you've selected the best brokerage, the next step is to fill out some personal details so you can buy SYY today.
Now that you have finished signing up on the best stock trading app for beginners, you can securely and quickly fund your account:
Watch the video below if you need help depositing money into your new investment account.
After you have figured out the best place to buy Sysco stock, it's crucial to research their stock before you invest, so you can comprehend the risk as well as the opportunity.
WallStreetZen was built to help part-time investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SYY's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge SYY's intrinsic value.
Using relative valuations ratios:
You can do more valuation analysis on SYY's stock here.
Out of 12 Equities analysts who give recommendations on SYY, the consensus analyst rating on SYY is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
John Ivankoe, a top 7% analyst from JP Morgan maintains SYY with a strong buy rating and lowers their SYY price target from $84.00 to $83.00, on Mar 21, 2023.
Kendall Toscano, a bottom 48% analyst from Bank of America reinstates SYY with a strong buy rating and announces their SYY price target of $90.00, on Mar 9, 2023.
George Kelly, a top 27% analyst from Wells Fargo maintains SYY with a strong buy rating and lowers their SYY price target from $87.00 to $85.00, on Feb 6, 2023.
John Glass, a top 17% analyst from Morgan Stanley maintains SYY with a hold rating and lowers their SYY price target from $87.00 to $86.00, on Feb 1, 2023.
Jake Bartlett, a top 1% analyst from Truist Securities maintains SYY with a strong buy rating and lowers their SYY price target from $92.00 to $88.00, on Feb 1, 2023.
You can dig deeper into what analysts are forecasting on the Sysco stock forecast page.
Last year, SYY earnings were $1.42B. During the last 5 year, SYY's earnings have increased by 4.38% per year. This was faster than the Food Distribution industry average of 2.22%.
Last year, SYY revenue was $73.58B. Over the last 5 year, SYY's revenue has gone up by 5.24% per year. This was slower than the Food Distribution industry average of 10.24%.
Dig into SYY's earnings and revenue performance here.
In the past 12 months, insiders at SYY have sold more shares than they have bought.
Thomas R. Peck Jr., EVP and CTO of SYY, was the latest SYY insider to sell. They sold $34,078.49 worth of SYY shares on Mar 1, 2023.
Dig into more about who owns SYY shares here.
Sysco pays a dividend of 2.55%, compared to the Food Distribution industry's average dividend yield of 2.71%. If you owned $1,000 worth of SYY stock, you would have received $25.51 in the past 12 months.
Sysco dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Sysco dividend yield and history here.
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
You have two primary types of orders:
Hit the Open button and eToro will execute the order.
If you need more help buying stocks on eToro, click the helpful video below:
Now that you own some shares in SYY, you'll want to keep up with your new shares.
Make a watchlist to keep track of your SYY stock.
To reiterate, here are the 6 steps you need to take to buy Sysco stock right now:
If you require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Sysco, add SYY to your watchlist by clicking the button below.