Performance Food Group Company (NYSE:PFGC) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Performance Food Group (NYSE:PFGC) has received a consensus recommendation of "Moderate Buy" from analysts, with an average target price of $107.67.
• Several analysts have adjusted price targets, with Guggenheim setting it at $115.00 and Citigroup at $121.00, while one analyst downgraded the stock from buy to hold.
• Insider trading activity has seen significant sales, with insiders selling over 64,000 shares in the last three months, indicating a shift in their holdings.

Performance Food Group Company (NYSE:PFGC - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the thirteen research firms that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $107.6667.

Several equities analysts have recently commented on PFGC shares. Guggenheim reaffirmed a "buy" rating and set a $115.00 price objective on shares of Performance Food Group in a research note on Tuesday. Morgan Stanley upped their price objective on shares of Performance Food Group from $93.00 to $96.00 and gave the company an "equal weight" rating in a research note on Monday, July 14th. Citigroup started coverage on shares of Performance Food Group in a research note on Thursday, May 22nd. They set a "buy" rating and a $121.00 price objective for the company. UBS Group upped their price objective on shares of Performance Food Group from $110.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, August 14th. Finally, Wall Street Zen downgraded shares of Performance Food Group from a "buy" rating to a "hold" rating in a research note on Sunday, July 6th.

Insider Activity

In related news, insider Hugh Patrick Hatcher sold 2,000 shares of the business's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $95.00, for a total transaction of $190,000.00. Following the transaction, the insider owned 35,239 shares in the company, valued at $3,347,705. The trade was a 5.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Donald S. Bulmer sold 4,348 shares of the business's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $100.52, for a total transaction of $437,060.96. Following the transaction, the insider owned 58,526 shares in the company, valued at $5,883,033.52. This represents a 6.92% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 64,419 shares of company stock valued at $6,170,538. 2.80% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Performance Food Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. SG Americas Securities LLC grew its holdings in Performance Food Group by 746.2% in the first quarter. SG Americas Securities LLC now owns 11,178 shares of the food distribution company's stock worth $879,000 after purchasing an additional 9,857 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Performance Food Group by 5.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,282,070 shares of the food distribution company's stock worth $100,809,000 after purchasing an additional 60,745 shares during the period. Boston Partners grew its holdings in Performance Food Group by 39.0% in the first quarter. Boston Partners now owns 108,933 shares of the food distribution company's stock worth $8,565,000 after purchasing an additional 30,578 shares during the period. Dimensional Fund Advisors LP grew its holdings in Performance Food Group by 6.6% in the first quarter. Dimensional Fund Advisors LP now owns 2,221,430 shares of the food distribution company's stock worth $174,647,000 after purchasing an additional 137,998 shares during the period. Finally, Nuveen LLC purchased a new stake in Performance Food Group in the first quarter worth about $69,456,000. Hedge funds and other institutional investors own 96.87% of the company's stock.

Performance Food Group Stock Performance

Performance Food Group stock opened at $101.11 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 1.58 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $15.83 billion, a PE ratio of 46.60, a P/E/G ratio of 1.15 and a beta of 1.20. The firm has a fifty day simple moving average of $95.25 and a two-hundred day simple moving average of $86.47. Performance Food Group has a twelve month low of $68.39 and a twelve month high of $103.50.

Performance Food Group (NYSE:PFGC - Get Free Report) last posted its quarterly earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.10. The business had revenue of $16.94 billion during the quarter, compared to the consensus estimate of $16.85 billion. Performance Food Group had a net margin of 0.54% and a return on equity of 16.23%. The firm's revenue for the quarter was up 11.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.45 earnings per share. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Research analysts expect that Performance Food Group will post 4.58 EPS for the current year.

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.

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