Technical Perspectives on Hain Celestial, United Natural Foods, Sysco, and US Foods
NEW YORK, Nov. 30, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on HAIN, UNFI, SYY, and USFD which is a click away at www.wallstequities.com/registration. Rising global populations and demand for food are expected to drive growth in the food distribution industry, especially in emerging markets where disposable incomes are growing, according to First Research report. Because of the perishability of many of the products they distribute, Food Wholesalers typically operate within a single country or region. Pre-market today, WallStEquities.com scans The Hain Celestial Group Inc. (NASDAQ: HAIN), United Natural Foods Inc. (NASDAQ: UNFI), Sysco Corp. (NYSE: SYY), and US Foods Holding Corp. (NYSE: USFD). Wall St. Equities explores the latest technical developments on today's equity selection at: www.wallstequities.com/registration
Hain Celestial Group
Shares in New York headquartered The Hain Celestial Group Inc. saw a slight decline of 0.36%, ending Wednesday's trading session at $41.58. The stock recorded a trading volume of 1.25 million shares. The Company's shares have gained 16.80% in the last one month, 4.89% over the last three months, and 6.53% on an YTD basis. The stock is trading 6.74% and 8.71% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Hain Celestial have a Relative Strength Index (RSI) of 66.86.
On November 07th, 2017, Hain Celestial reported its financial results for Q1 FY18 ended September 30th, 2017. Net sales for Q1 FY18 were $708.3 million; gross margin was 18.6%; and operating income was $31.5 million. Net income for the quarter was $19.8 million, EBITDA increased to $51.3 million, and earnings per share were $0.19.
On November 08th, 2017, research firm Bernstein upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. Complimentary subscription to our free research report on HAIN at: www.wallstequities.com/registration/?symbol=HAIN
United Natural Foods
Rhode Island headquartered United Natural Foods Inc.'s stock jumped 5.41%, closing the day at $46.75. A total volume of 1.44 million shares was traded, which was above their three months average volume of 876,800 shares. The Company's shares have advanced 22.74% in the past month and 37.02% in the previous three months. The stock is trading 14.76% and 17.39% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company have an RSI of 80.30.
On November 14th, 2017, research firm Goldman resumed its 'Neutral' rating on the Company's stock, with a target price of $41 per share.
On November 21st, 2017, United Natural Foods announced that it will release its financial results for Q1 FY18, ended October 28th, 2017, after market close on December 07th, 2017. Management will conduct a conference call and audio webcast at 5:00 p.m. ET that same day to review the Company's results, market trends, and future outlook. Access the free research report on UNFI now by signing up at: www.wallstequities.com/registration/?symbol=UNFI
Sysco
On Wednesday, shares in Texas headquartered Sysco Corp. recorded a trading volume of 3.52 million shares, which was higher than their three months average volume of 2.29 million shares. The stock ended the day 2.43% higher at $57.70. The Company's shares have advanced 5.50% in the past month, 9.47% in the previous three months, and 4.21% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.86% and 8.74%, respectively. Furthermore, shares of Sysco have an RSI of 69.95.
On November 17th, 2017, Sysco announced that its Board of Directors has approved a 9% increase in the Company's quarterly cash dividend to $0.36 per share from the current $0.33 per share. The new dividend is payable on January 26th, 2018, to common stockholders of record at the close of business on January 05th, 2018. Are you already registered with Wall St. Equities? Do so now for free, and get the report on SYY at:
www.wallstequities.com/registration/?symbol=SYY
US Foods Holding
Illinois headquartered US Foods Holding Corp.'s stock rose 2.50%, finishing yesterday's session at $28.32. A total volume of 3.19 million shares was traded, which was above their three months average volume of 2.72 million shares. The Company's shares have advanced 4.93% in the last one month, 3.74% in the previous three months, and 3.06% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.63% and 2.39%, respectively. Additionally, shares of US Foods have an RSI of 66.74.
On November 02nd, 2017, US Foods (USFD) announced that Ann E. Ziegler, Senior Vice President and CFO of CDW Corporation, has been appointed to join USFD's Board of Directors, effective January 01st, 2018. Ziegler joined CDW, a leading provider of technology solutions to business, government, education, and healthcare, in 2008 and will retire at the end of 2017. Aspiring Member, please take a moment to register below for your free research report on USFD at: www.wallstequities.com/registration/?symbol=USFD
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article