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NYSE:PFGC

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

$75.86
+0.57 (+0.76%)
(As of 09/17/2024 ET)

About Performance Food Group Stock (NYSE:PFGC)

Key Stats

Today's Range
$75.30
$76.57
50-Day Range
$62.00
$75.86
52-Week Range
$52.92
$78.54
Volume
777,271 shs
Average Volume
1.04 million shs
Market Capitalization
$11.82 billion
P/E Ratio
28.31
Dividend Yield
N/A
Price Target
$86.38
Consensus Rating
Moderate Buy

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.

Performance Food Group Stock Analysis - MarketRank™

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Overall MarketRank™: 97th Percentile

Performance Food Group scored higher than 97% of companies evaluated by MarketBeat, and ranked 13th out of 217 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Performance Food Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Performance Food Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Performance Food Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Performance Food Group are expected to grow by 15.61% in the coming year, from $4.87 to $5.63 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Performance Food Group is 28.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Performance Food Group is 28.31, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.77.

  • Price to Earnings Growth Ratio

    Performance Food Group has a PEG Ratio of 0.80. 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 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Performance Food Group's valuation and earnings.
  • Percentage of Shares Shorted

    1.69% 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 2.3, 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 15.28%, indicating that investor sentiment is decreasing significantly.
  • 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.

  • Percentage of Shares Shorted

    1.69% 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 2.3, 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 15.28%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Performance Food Group has a news sentiment score of 0.95. 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 0.62 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Performance Food Group this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    Only 2 people have added Performance Food Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • 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 $7,426,075.00 in company stock.

  • Percentage Held by Insiders

    Only 2.60% 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.

  • Read more about Performance Food Group's insider trading history.
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PFGC Stock News Headlines

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Performance Food Group (NYSE:PFGC) Receives $86.38 Average PT from Analysts
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PFGC Stock Analysis - Frequently Asked Questions

Performance Food Group's stock was trading at $69.15 at the start of the year. Since then, PFGC stock has increased by 9.7% and is now trading at $75.86.
View the best growth stocks for 2024 here
.

Performance Food Group (NYSE:PFGC) issued its quarterly earnings results on Wednesday, August, 14th. The food distribution company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.08. The firm's revenue was up 2.3% compared to the same quarter last year.

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

Top institutional investors of Performance Food Group include Clearbridge Investments LLC (3.82%), Eminence Capital LP (1.54%), Dimensional Fund Advisors LP (1.38%) and Victory Capital Management Inc. (1.10%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Performance Food Group investors own include NVIDIA (NVDA), Sysco (SYY), CVS Health (CVS), Walt Disney (DIS), Procter & Gamble (PG), Alibaba Group (BABA) and RTX (RTX).

Company Calendar

Last Earnings
8/14/2024
Today
9/17/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Groceries, general line
Sub-Industry
Wholesale
Employees
37,000
Year Founded
1885

Price Target and Rating

Average Stock Price Target
$86.38
High Stock Price Target
$94.00
Low Stock Price Target
$76.00
Potential Upside/Downside
+13.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
8 Analysts

Profitability

Net Income
$435.90 million
Pretax Margin
1.02%

Debt

Sales & Book Value

Annual Sales
$58.28 billion
Cash Flow
$8.27 per share
Book Value
$26.52 per share

Miscellaneous

Free Float
151,564,000
Market Cap
$11.82 billion
Optionable
Optionable
Beta
1.44

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This page (NYSE:PFGC) was last updated on 9/17/2024 by MarketBeat.com Staff
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