Performance Food Group (NYSE:PFGC) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Performance Food Group (NYSE:PFGC - Get Free Report) issued its quarterly earnings data on Wednesday. The food distribution company reported $0.98 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.06), Zacks reports. Performance Food Group had a return on equity of 16.58% and a net margin of 0.64%. Performance Food Group updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Performance Food Group Trading Down 2.4 %

Shares of NYSE:PFGC traded down $2.06 during mid-day trading on Friday, reaching $85.10. The stock had a trading volume of 2,081,708 shares, compared to its average volume of 1,099,114. The firm has a market cap of $13.29 billion, a PE ratio of 34.31, a price-to-earnings-growth ratio of 0.96 and a beta of 1.44. The firm has a 50 day simple moving average of $87.24 and a two-hundred day simple moving average of $80.75. The company has a current ratio of 1.67, a quick ratio of 0.73 and a debt-to-equity ratio of 1.56. Performance Food Group has a twelve month low of $61.60 and a twelve month high of $92.44.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. BMO Capital Markets upped their target price on shares of Performance Food Group from $87.00 to $95.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. UBS Group upped their price objective on Performance Food Group from $98.00 to $102.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Melius Research upgraded Performance Food Group to a "hold" rating in a research report on Wednesday, December 18th. Guggenheim upped their price target on Performance Food Group from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Finally, Barclays lowered their price objective on Performance Food Group from $103.00 to $102.00 and set an "overweight" rating for the company in a research report on Thursday. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $95.73.

Insider Activity at Performance Food Group

In other Performance Food Group news, insider Craig Howard Hoskins sold 20,496 shares of the business's stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $84.60, for a total value of $1,733,961.60. Following the completion of the transaction, the insider now directly owns 172,372 shares of the company's stock, valued at approximately $14,582,671.20. The trade was a 10.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.80% of the company's stock.

About Performance Food Group

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.