US Foods Holding Corp. USFD was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $29.24–$33.82 in the past one-month time frame, witnessed a sharp increase yesterday.
The shares rose after the company reported better-than-expected fourth-quarter 2017 results.
The company has seen one positive estimate revision in the past two months. Its Zacks Consensus Estimate for the current quarter has also revised upward over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
US Foods Holding currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
US Foods Holding Corp. Price and Consensus
A better ranked stock worth considering in the Food – Miscellaneous industry is Post Holdings, Inc. POST which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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