New insider activity at Sysco ( (SYY) ) has taken place on May 3, 2025.
Director Sheila Talton recently executed a transaction involving the sale of 356 shares of Sysco stock, amounting to a total value of $25,219.
Recent Updates on SYY stock
Sysco Corporation’s recent financial performance has been influenced by several external challenges, including California wildfires, adverse weather, and declining consumer confidence, which have impacted restaurant foot traffic and led to a Q3 revenue of $19.6 billion, below the consensus of $20.05 billion. Despite these setbacks, Sysco remains optimistic, focusing on growth and profit improvement initiatives, and has reported international segment success with double-digit profit growth. The company is also making strides in colleague retention and strategic expansions. Sysco’s management has provided forward-looking guidance with expectations of a 3% sales growth and at least 1% adjusted EPS growth for fiscal year 2025. Analysts have adjusted their price targets due to the mixed performance and challenging macroeconomic environment, with some citing the company’s resilience and strategic initiatives as reasons for optimism.
Spark’s Take on SYY Stock
According to Spark, TipRanks’ AI Analyst, SYY is a Neutral.
Sysco’s strong financial performance and fair valuation are key positives, but technical indicators suggest a cautious outlook due to bearish trends. The earnings call reveals a balanced view with international growth and strategic initiatives offsetting some domestic challenges.
To see Spark’s full report on SYY stock, click here.
More about Sysco
YTD Price Performance: -7.00%
Average Trading Volume: 3,721,899
Technical Sentiment Signal: Buy
Current Market Cap: $34.01B