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Is Sysco (SYY) Stock Undervalued Right Now?
ZACKS· 2024-10-17 14:45
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fi ...
Sysco's Fall 2024 Cutting Edge Solutions is Here - Bring Something New to the Table
GlobeNewswire News Room· 2024-10-14 12:50
HOUSTON, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, announced the nationwide launch of 19 innovative, labor-saving concepts available exclusively for Sysco customers through the company's Cutting Edge Solutions platform. "At Sysco, we know how crucial it is for chefs to have the right tools at their disposal. That's why Sysco's culinary and merchandising teams have helped curate a selection of exclusive, new, chef-tested products designed to ...
Is Sysco Poised for Growth Despite Restaurant Traffic Challenges?
ZACKS· 2024-10-10 14:00
Sysco Corporation (SYY) , a global leader in foodservice distribution, continues to adapt and grow despite industry challenges. While restaurant traffic has declined, SYY leveraged its operational efficiency and customer-focused strategy to maintain a competitive edge. Through the Recipe for Growth plan, the company is on track to deliver long-term success, even in a shifting economic environment. Operational Efficiency Drives Sysco's Resilience Sysco's ability to focus on operational efficiency has been a ...
Will Sysco (SYY) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-03 17:10
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Sysco (SYY) . This company, which is in the Zacks Food - Miscellaneous industry, shows potential for another earnings beat. When looking at the last two reports, this food distributor has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 0.89%, on average, in the last two quarters. ...
Is Sysco (SYY) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-10-01 17:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is m ...
Is Sysco (SYY) a Great Value Stock Right Now?
ZACKS· 2024-10-01 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...
Here Is Why Bargain Hunters Would Love Fast-paced Mover Sysco (SYY)
ZACKS· 2024-10-01 13:50
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...
Sysco's Secret Sauce: How SYY Stock is Positioned for Growth
ZACKS· 2024-09-24 16:47
Sysco Corporation (SYY) , the global leader in foodservice distribution, continues to hold its position as a key player in the food-away-from-home industry. Despite economic headwinds, including soft restaurant traffic, the company continues to demonstrate resilience and adaptability. Its ability to improve operational efficiency and support its local restaurant customers helped mitigate some of the challenges stemming from shifting consumer behaviors and increased competition. By leveraging its Recipe for ...
Why Sysco (SYY) is a Top Growth Stock for the Long-Term
ZACKS· 2024-09-20 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Score ...
Canada's Largest Food Distributor Adds Electric Tractors to Fleet in Victoria, British Columbia
GlobeNewswire News Room· 2024-09-05 22:00
VICTORIA, British Columbia, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Today, Sysco Corporation (NYSE:SYY), the world's largest food distributor, celebrated the arrival of 8 heavy-duty electric tractors to their fleet in Victoria, which serves over 1,500 customers including restaurants, healthcare and education customers. In total, Sysco now has over 130 heavy-duty electric tractors globally across the United States, Canada, United Kingdom and Sweden. "We are excited to scale our electric truck fleet into Canada an ...