Performance Food Group (PFGC) Projected to Post Earnings on Wednesday

Performance Food Group (NYSE:PFGC - Get Free Report) will likely be releasing its earnings data before the market opens on Wednesday, February 5th. Analysts expect Performance Food Group to post earnings of $1.04 per share and revenue of $15.46 billion for the quarter. Performance Food Group has set its Q2 2025 guidance at EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

Performance Food Group (NYSE:PFGC - Get Free Report) last issued its earnings results on Wednesday, November 6th. The food distribution company reported $1.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.22 by ($0.06). The firm had revenue of $15.42 billion during the quarter, compared to analysts' expectations of $15.22 billion. Performance Food Group had a return on equity of 16.66% and a net margin of 0.72%. The firm's quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.15 EPS. On average, analysts expect Performance Food Group to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Performance Food Group Price Performance

Shares of PFGC stock traded down $0.55 during trading hours on Friday, hitting $90.38. 846,953 shares of the company's stock were exchanged, compared to its average volume of 826,508. Performance Food Group has a 12-month low of $61.60 and a 12-month high of $92.44. The company has a market capitalization of $14.08 billion, a PE ratio of 33.35, a PEG ratio of 0.98 and a beta of 1.43. The business's 50 day simple moving average is $87.25 and its 200-day simple moving average is $79.88. The company has a current ratio of 1.70, a quick ratio of 0.73 and a debt-to-equity ratio of 1.12.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on PFGC. BMO Capital Markets boosted their price target on shares of Performance Food Group from $87.00 to $95.00 and gave the stock an "outperform" rating in a research note on Thursday, November 7th. Morgan Stanley boosted their target price on Performance Food Group from $94.00 to $96.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 21st. StockNews.com lowered Performance Food Group from a "buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Barclays boosted their price objective on Performance Food Group from $88.00 to $98.00 and gave the company an "overweight" rating in a research report on Tuesday, October 22nd. Finally, Piper Sandler raised their target price on shares of Performance Food Group from $79.00 to $92.00 and gave the stock an "overweight" rating in a report on Monday, November 18th. Four research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $94.67.

Insider Buying and Selling

In other news, insider Craig Howard Hoskins sold 20,496 shares of the stock in a transaction on 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 sale, the insider now directly owns 172,372 shares of the company's stock, valued at approximately $14,582,671.20. This represents a 10.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.80% of the stock is owned by insiders.

Performance Food Group Company Profile

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.