NEW YORK, December 2, 2016 /PRNewswire/ --
Pre-market, Stock-Callers.com tracks the most recent performances of these equities in the Food Wholesale industry: Sysco Corp. (NYSE: SYY), The Hain Celestial Group Inc. (NASDAQ: HAIN), US Foods Holding Corp. (NYSE: USFD), and United Natural Foods Inc. (NASDAQ: UNFI). According to consulting firm Frost & Sullivan, rising global populations and demand for food are expected to drive growth in the industry, especially in emerging markets. Additionally, distributors are expected to benefit from a trend among food manufacturers toward outsourcing of logistics services. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
On Thursday, shares in Houston, Texas headquartered Sysco Corp. recorded a trading volume of 3.63 million shares. The stock ended at $53.10, declining 0.28% from the last trading session. The Company's shares have gained 10.44% in the last one month, 2.66% over the previous three months, and 33.07% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.10% and 8.76%, respectively. Furthermore, shares of Sysco, which through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the US, Bahamas, Canada, Ireland, Costa Rica, and Mexico, have a Relative Strength Index (RSI) of 59.87.
On November 16th, 2016, Sysco announced that its Board of Directors has approved a 6% increase in the quarterly cash dividend to $0.33 per share from the current $0.31 per share. The new dividend is payable on January 27th, 2017, to common stockholders of record at the close of business on January 06th, 2017.
On November 16th, 2016, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'. Visit us today and access our complete research report on SYY at:
Hain Celestial Group
Lake Success, New York headquartered The Hain Celestial Group Inc.'s stock finished yesterday's session 0.84% lower at $38.86 with a total trading volume of 1.23 million shares. The Company's shares have gained 4.83% in the last one month and 7.29% over the previous three months. The stock is trading above its 50-day moving average by 7.20%. Furthermore, shares of Hain Celestial Group, which manufactures, markets, distributes, and sells organic and natural products in the US, the UK, Canada, and Europe, have an RSI of 60.60.
On November 16th, 2016, Hain Celestial announced that the Audit Committee of its Board of Directors has concluded the independent review with external counsel into concessions with respect to certain distributors in the US. The company stated that the review, which was extensive, found no evidence of intentional wrongdoing in connection with the Company's financial statements.
On November 18th, 2016, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Underperform' to 'Neutral'. The complimentary report on HAIN can be downloaded at:
US Foods Holding
At the closing bell on Thursday, shares in Rosemont, Illinois headquartered US Foods Holding Corp. saw a decline of 1.01%, ending the day at $22.63. The stock recorded a trading volume of 1.13 million shares, which was above its three months average volume of 819,010 shares. The Company's shares have advanced 0.71% in the last month. The stock is trading 2.45% below its 50-day moving average. Moreover, shares of US Foods Holding, which through its subsidiary, US Foods, Inc., markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the US, have an RSI of 40.60.
On November 08th, 2016, US Foods reported total case volume increased 4% for Q3 2016 over Q3 2015, of which 1.7% was organic. The company's net sales increased 0.8% y-o-y to $5.8 billion. For Q3 2016, US Foods' reported net income was $133 million, up from $5 million in Q3 2015. Register for free on Stock-Callers.com and access the latest research report on USFD at:
United Natural Foods
Providence, Rhode Island headquartered United Natural Foods Inc.'s stock ended the day 0.11% lower at $46.90. A total volume of 737,583 shares was traded, which was above their three months average volume of 599,490 shares. The Company's shares have gained 9.30% in the last month, 4.04% over the previous three months, and 19.16% on an YTD basis. The stock is trading 9.54% above its 50-day moving average and 12.05% above its 200-day moving average. Additionally, shares of United Natural Foods, which together with its subsidiaries, distributes and retails natural, organic, and specialty foods and non-food products in the US and Canada, have an RSI of 62.13.
On November 22nd, 2016, research firm Northcoast initiated a 'Neutral' rating on the Company's stock.
On November 23rd, 2016, United Natural Foods announced that it will release its Q1 FY17 financial results after market close on December 07th, 2016. Get free access to your research report on UNFI at:
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