Sysco Corp. (SYY) Jumps: Stock Rises 9.7% - Tale of the Tape

By
A A A
Share |

Sysco Corporation ( SYY ) was a big mover last session, as the company saw its shares rise by nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent near-flat trend for the company, as stock is now trading above the volatile price range of $33.09 and $34.31.

This foodservice company has seen a mixed track record when it comes to estimate revisions of 2 increases and 3 decreases over the past 2 months. However, the Zacks Consensus Estimate moved lower over the same time frame suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher can last.

Sysco Corp. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the food-miscellaneous/diversified industry may consider stocks like United Natural Foods, Inc. ( UNFI ), Kerry Group plc ( KRYAY ) and Omega Protein Corporation ( OME ). While United Natural Foods and Kerry Group hold a Zacks Rank #2 (Buy), Omega Protein carries a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>



KERRY GROUP PLC (KRYAY): Get Free Report

OMEGA PROTEIN (OME): Free Stock Analysis Report

SYSCO CORP (SYY): Free Stock Analysis Report

UTD NATURAL FDS (UNFI): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: KRYAY , OME , SYY , UNFI

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

100%
50%
100%

Most Active by Volume

89,970,926
  • $16.15 ▲ 0.12%
77,131,582
  • $58.94 ▼ 1.31%
67,336,935
  • $26.56 ▲ 1.68%
48,814,124
  • $86.20 ▲ 0.02%
47,526,126
  • $23.21 ▲ 0.78%
44,660,424
  • $23.91 ▲ 6.36%
38,799,699
  • $4.289 ▲ 4.36%
36,199,890
  • $40.01 ▼ 0.97%
As of 4/17/2014, 04:07 PM