Technical Snapshots for These Food Wholesale Stocks -- Sysco, Hain Celestial, US Foods, and United Natural Foods
NEW YORK, June 13, 2017 /PRNewswire/ --
Pre-market today, DailyStockTracker.com scans Sysco Corp. (NYSE: SYY), The Hain Celestial Group Inc. (NASDAQ: HAIN), US Foods Holding Corp. (NYSE: USFD), and United Natural Foods Inc. (NASDAQ: UNFI) to see how these four stocks have performed. Companies in the Food Wholesale industry distribute food and related products on a wholesale basis. Major products are frozen, processed, and prepared foods; dairy items; poultry, fish, and meat; fresh produce; and baked goods. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
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Sysco
Shares in Houston, Texas headquartered Sysco Corp. rose 0.24%, ending Monday's trading session at $55.32. The stock recorded a trading volume of 2.34 million shares. The Company's shares have gained 0.56% in the last one month and 6.63% over the last three months. The stock is trading 3.28% and 5.36% above its 50-day and 200-day moving averages, respectively. Moreover, 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 60.25.
On May 16th, 2017, research firm Loop Capital initiated a 'Buy' rating on the Company's stock, with a target price of $61 per share.
On June 07th, 2017, Sysco announced that it will webcast its presentation from the Oppenheimer 17th Annual Consumer Conference on June 21st, 2017, at 11:45 a.m. EDT in Boston. Visit us today and access your complete report on SYY for free at:
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Hain Celestial
Lake Success, New York headquartered The Hain Celestial Group Inc.'s stock climbed 0.49%, closing the day at $35.20. A total volume of 1.68 million shares was traded, which was above their three months average volume of 1.10 million shares. The Company's shares are trading 4.02% below their 50-day moving average. Additionally, shares of Hain Celestial, which manufactures, markets, distributes, and sells organic and natural products in the US, the UK, Canada, and Europe, have an RSI of 41.55.
On May 30th, 2017, Hain Celestial announced that it has received a waiver and extension of certain obligations under its unsecured credit facility from its lenders until June 15th, 2017. This relates to the delivery of certain financial information under the credit facility, including the Company's audited financial statements for its FY16 and financial statements for the Q1, Q2, and Q3 of FY17. The complimentary research report on HAIN can be accessed at:
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US Foods
On Monday, shares in Rosemont, Illinois headquartered US Foods Holding Corp. recorded a trading volume of 4.32 million shares, which was higher than their three months average volume of 1.33 million shares. The stock ended the day 1.74% lower at $29.28. The Company's shares have advanced 3.13% in the past month, 8.77% in the previous three months, and 6.55% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.52% and 12.41%, respectively. Furthermore, 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 49.37.
On May 16th, 2017, research firm Loop Capital initiated a 'Hold' rating on the Company's stock.
On June 02nd, 2017, US Foods Holding announced that it has agreed to acquire F. Christiana, a broadline distributor of food and food-related products concentrating on the important center-of-the-plate categories as well as dairy and dry goods. Family-owned for three generations, F. Christiana has nearly $100 million in annual sales and serves more than 1,800 independent restaurant, hotel, and independent deli/convenience store customers throughout Louisiana, southern Mississippi, and parts of southern Alabama. Register for free on DailyStockTracker.com and download the research report on USFD at:
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United Natural Foods
Providence, Rhode Island headquartered United Natural Foods Inc.'s stock rose 1.14%, finishing yesterday's session at $40.88. A total volume of 904,247 shares was traded, which was above their three months average volume of 754,800 shares. The Company's shares are trading below their 50-day moving average by 0.94%. 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 51.78.
On May 16th, 2017, research firm Loop Capital initiated a 'Buy' rating on the Company's stock.
On June 06th, 2017, United Natural Foods reported financial results for Q3 FY17 ended April 29th, 2017. Net sales for the quarter were $2.37 billion; gross margin was 15.46%; total operating expenses were $301.4 million; and net income was $36.6 million. Cash flow from operations was $66.2 million and capital expenditures were $17.3 million, resulting in free cash flow of $48.9 million for Q3 FY17. Get free access to your research report on UNFI at:
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