Sysco Corporation (SYY)
Sysco Corporation (SYY) is a leading American multinational company that specializes in the distribution and marketing of food products, catering supplies, and kitchen equipment, serving a diverse clientele including restaurants, healthcare institutions, educational facilities, and hospitality businesses. Headquartered in Houston, Texas, Sysco operates a vast network that enhances its ability to deliver high-quality products and services tailored to the unique needs of the foodservice industry. With a strong commitment to innovation and sustainability, Sysco plays a pivotal role in streamlining supply chains and contributing to the success of its partners, ensuring top-tier food solutions that meet the evolving demands of a competitive market.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 5.64% per annum.
- SYY price at the close of February 2, 2026 was $82.86 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 11.72% per annum.
- SYY price at the close of February 2, 2026 was higher than the top border of the secondary price channel by $2.79 (3.48%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of SYY price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: May 10, 2023
End date: February 2, 2026
a = 4.0747
b = 0.0002
s = 0.0487
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0002) – 1
= 5.64%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0487) – 1
= 21.51%
May 10, 2023 calculations
Top border of price channel:
Exp(Y570)
= Exp(a + b × X570 + 2 × s)
= Exp(a + b × 826 + 2 × s)
= Exp(4.0747 + 0.0002 × 826 + 2 × 0.0487)
= Exp(4.2963)
= $73.43
Bottom border of price channel:
Exp(Y570)
= Exp(a + b × X570 – 2 × s)
= Exp(a + b × 826 – 2 × s)
= Exp(4.0747 + 0.0002 × 826 – 2 × 0.0487)
= Exp(4.1015)
= $60.43
February 2, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.0747 + 0.0002 × 1,825 + 2 × 0.0487)
= Exp(4.4465)
= $85.33
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.0747 + 0.0002 × 1,825 – 2 × 0.0487)
= Exp(4.2517)
= $70.22
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 5.64% per annum.
- SYY price at the close of February 2, 2026 was $82.86 and was inside the primary price channel.
Secondary Trend
Start date: July 22, 2025
End date: February 2, 2026
a = 4.9363
b = -0.0003
s = 0.0350
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -11.72%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0350) – 1
= 15.01%
July 22, 2025 calculations
Top border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 + 2 × s)
= Exp(a + b × 1,630 + 2 × s)
= Exp(4.9363 + -0.0003 × 1,630 + 2 × 0.0350)
= Exp(4.4495)
= $85.59
Bottom border of price channel:
Exp(Y1,120)
= Exp(a + b × X1,120 – 2 × s)
= Exp(a + b × 1,630 – 2 × s)
= Exp(4.9363 + -0.0003 × 1,630 – 2 × 0.0350)
= Exp(4.3097)
= $74.42
February 2, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,825 + 2 × s)
= Exp(4.9363 + -0.0003 × 1,825 + 2 × 0.0350)
= Exp(4.3829)
= $80.07
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,825 – 2 × s)
= Exp(4.9363 + -0.0003 × 1,825 – 2 × 0.0350)
= Exp(4.2431)
= $69.62
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 11.72% per annum.
- SYY price at the close of February 2, 2026 was higher than the top border of the secondary price channel by $2.79 (3.48%). This indicates a possible reversal in the secondary trend direction.