Performance Food Group (PFGC) Stock Price, News & Analysis

Company Overview

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products. It also sells disposables, cleaning and kitchen supplies, and related products. In addition, the company offers value-added services, such as product selection and procurement, menu development, and operational strategy. It serves independent and chain restaurants, schools, business and industry locations, hospitals, vending distributors, office coffee service distributors, retailers, convenience stores, theaters, hospitality providers, concessionaires, airport gift shops, college bookstores, corrections facilities, and impulse locations, as well as franchises and other institutional customers. Performance Food Group Company was founded in 1885 and is headquartered in Richmond, Virginia.

Key Stats

• Today's Range: $84.04 to $85.39
• 50-Day Range: $73.01 to $87.62
• 52-Week Range: $61.59 to $89.00
• Volume: 46,571 shs
• Average Volume: 1.02 million shs
• Market Capitalization: $13.30 billion
• P/E Ratio: 31.50
• Dividend Yield: N/A
• Price Target: $94.27
• Consensus Rating: Moderate Buy

Performance Food Group Stock Analysis - MarketRank™

Performance Food Group scored higher than 99% of companies evaluated by MarketBeat, and ranked 7th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Performance Food Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Performance Food Group has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 17.76%

Earnings Growth

Earnings for Performance Food Group are expected to grow by 17.76% in the coming year, from $4.73 to $5.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Performance Food Group is 31.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Performance Food Group is 31.50, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 99.91.

Price to Earnings Growth Ratio

Performance Food Group has a PEG Ratio of 0.89. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Performance Food Group has a P/B Ratio of 3.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.68% of the outstanding shares of Performance Food Group have been sold short.

Short Interest Ratio / Days to Cover

Performance Food Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Performance Food Group has recently increased by 8.26%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Performance Food Group does not currently pay a dividend.

Dividend Growth

Performance Food Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.2 / 5
• Environmental Score: -2.30

Percentage of Shares Shorted

1.68% of the outstanding shares of Performance Food Group have been sold short.

Short Interest Ratio / Days to Cover

Performance Food Group has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Performance Food Group has recently increased by 8.26%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 4.0 / 5
• News Sentiment: 1.18

News Sentiment

Performance Food Group has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Performance Food Group this week, compared to 5 articles on an average week.

Search Interest

6 people have searched for PFGC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

4 people have added Performance Food Group to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Performance Food Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,756,920.00 in company stock.

Percentage Held by Insiders

Only 2.80% of the stock of Performance Food Group is held by insiders.

Percentage Held by Institutions

96.87% of the stock of Performance Food Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PFGC Stock Analysis - Frequently Asked Questions

How have PFGC shares performed this year?

Performance Food Group's stock was trading at $69.15 on January 1st, 2024. Since then, PFGC shares have increased by 23.5% and is now trading at $85.37.
View the best growth stocks for 2024 here.

How were Performance Food Group's earnings last quarter?

Performance Food Group (NYSE:PFGC) issued its quarterly earnings data on Wednesday, November, 6th. The food distribution company reported $1.16 EPS for the quarter, missing the consensus estimate of $1.22 by $0.06. Performance Food Group's quarterly revenue was up 3.2% on a year-over-year basis.

Does Performance Food Group have any subsidiaries?

Performance Food Group subsidiaries include these companies: Core-Mark International, Reinhart Foodservice, Reinhart Foodservice, Eby-Brown, AFFLINK Corporation ULC, AFFLINK Holding Corporation, AFFLINK LLC, and others.

Who are Performance Food Group's major shareholders?

Top institutional shareholders of Performance Food Group include FMR LLC (8.54%), State Street Corp (2.95%), Wellington Management Group LLP (2.41%) and Holocene Advisors LP (1.92%). Insiders that own company stock include George L Holm, Patrick T Hagerty, Scott E Mcpherson, Donald S Bulmer, Christine R Vlahcevic, Kimberly Grant and David V Singer.
View institutional ownership trends.

How do I buy shares of Performance Food Group?

Shares of PFGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Performance Food Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Performance Food Group investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM), Broadcom (AVGO) and Exxon Mobil (XOM).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 2/05/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Groceries, general line
• Sub-Industry: Wholesale
• Current Symbol: NYSE:PFGC
• CUSIP: N/A
• CIK: 1618673
• Web: www.pfgc.com
• Phone: (804) 484-7700
• Fax: 804-484-7701
• Employees: 37,000
• Year Founded: 1885

Price Target and Rating

• Average Stock Price Target: $94.27
• High Stock Price Target: $102.00
• Low Stock Price Target: $85.00
• Potential Upside/Downside: +12.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.91
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.71
• Trailing P/E Ratio: 31.00
• Forward P/E Ratio: 17.84
• P/E Growth: 0.9
• Net Income: $435.90 million
• Net Margins: 0.72%
• Pretax Margin: 0.99%
• Return on Equity: 16.66%
• Return on Assets: 5.02%

Debt

• Debt-to-Equity Ratio: 1.12
• Current Ratio: 1.70
• Quick Ratio: 0.73

Sales & Book Value

• Annual Sales: $58.28 billion
• Price / Sales: 0.22
• Cash Flow: $8.04 per share
• Price / Cash Flow: 10.45
• Book Value: $26.52 per share
• Price / Book: 3.17

Miscellaneous

• Outstanding Shares: 155,800,000
• Free Float: 151,442,000
• Market Cap: $13.09 billion
• Optionable: Optionable
• Beta: 1.44