Pinnacle Foods Company Profile (NYSE:PF)

Pinnacle Foods trades on the New York Stock Exchange (NYSE) under the ticker symbol "PF."

Pinnacle Foods announced a quarterly dividend on Wednesday, August 16th. Shareholders of record on Tuesday, August 29th will be given a dividend of $0.325 per share on Monday, October 9th. This represents a $1.30 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date of this dividend is Friday, August 25th. This is a boost from Pinnacle Foods's previous quarterly dividend of $0.29. View Pinnacle Foods' Dividend History.

Pinnacle Foods, Inc. (NYSE:PF) posted its quarterly earnings data on Thursday, July, 27th. The company reported $0.53 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.52 by $0.01. The firm had revenue of $744.61 million for the quarter, compared to analysts' expectations of $764.41 million. Pinnacle Foods had a return on equity of 14.47% and a net margin of 5.82%. The company's revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the business posted $0.42 EPS. View Pinnacle Foods' Earnings History.

Pinnacle Foods is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Pinnacle Foods.

Pinnacle Foods issued an update on its FY17 earnings guidance on Thursday, July, 27th. The company provided EPS guidance of $2.55-2.60 for the period, compared to the Thomson Reuters consensus estimate of $2.59.

11 analysts have issued 1 year target prices for Pinnacle Foods' stock. Their forecasts range from $60.00 to $68.00. On average, they anticipate Pinnacle Foods' stock price to reach $64.89 in the next year. View Analyst Ratings for Pinnacle Foods.

Here are some recent quotes from research analysts about Pinnacle Foods stock:

• 1. According to Zacks Investment Research, "Shares of Pinnacle Foods have outperformed the industry in the past year, primarily owing to a solid brand portfolio and robust strategic initiatives. Also, the company has been innovating products to offer variety and maintain market share. Moreover, it has been carrying out various acquisitions to grow its distribution network and customer base. Notable acquisitions include Boulder Brands and Duncan Hines. Additionally, Pinnacle Foods has an operational excellence program designed to generate annual productivity savings across the supply chain, which remains encouraging. However, the company’s Specialty segment has been witnessing sluggishness for quite some time and is expected to remain challenging in 2017. Also, its Pickle business is depicting weakness due to continued competitive environment in the form of pricing and innovation. Estimates have been stable ahead of the company’s third-quarter earnings release." (10/17/2017)
• 2. Royal Bank Of Canada analysts commented, "Following yesterday's 4Q release, we are raising our estimates to reflect more favorable interest costs and tax treatment. We are also raising our price target to reflect gross margin upside and ongoing market share gains (albeit with near-term packaged food volume softness). We continue to believe the company's 300bps-400bps margin expansion by '19 is achievable, with further long-term M&A upside from acquisitions and a potential sale' Increasing our 2017 and 2018 estimates to reflect more favorable term loan financing and lower taxes; raising target on improved sales visibility: Following the company's 4Q results, we are increasing our 2017 and 2018 adjusted EPS estimates from $2.54 and $2.74 to $2.59 (+21% YOY; cons. $2.51; new guidance $2.55-$2.60) and $2.89 (+12% YOY; cons. $2.72). Our higher '17 EPS includes $0.15 (or 7pp) of below-the-line or one-time benefits (i.e. 53rd week, lower interest, new accounting practice). That said, excluding these items the company still aims to grow EPS by double-digits. In our view, Pinnacle continues to increase its growth gap with larger US Food peers (with the help of brands like Birds Eye, Udi's and gardein) and strong earnings upside potential (with the help of Boulder synergies, 350bps-400bps of annual productivity, and further M&A upside). We increase our price target with to $64 (from $56) which equals 22x our '18 EPS." (2/24/2017)

Some companies that are related to Pinnacle Foods include Swatch Group AG (SWGAY), McCormick & Company, Incorporated (MKC), Coty (COTY), J.M. Smucker Company (The) (SJM), Church & Dwight Company (CHD), Brf S.A. (BRFS), Aramark (ARMK), Ingredion Incorporated (INGR), Campari Group (DVDCY), Pilgrim's Pride Corporation (PPC), Lamb Weston Holdings (LW), Service Corporation International (SCI), Spectrum Brands Holdings (SPB), Glanbia Plc ADR (GLAPY), Blue Buffalo Pet Products (BUFF), Post Holdings (POST), Compania Cervecerias Unidas, S.A. (CCU) and Coca-Cola Amatil (CCLAY).

Pinnacle Foods' management team includes the folowing people:

• Roger K. Deromedi, Independent Chairman of the Board, Lead Director
• Mark A. Clouse, Chief Executive Officer, Director
• Craig D. Steeneck CPA, Chief Financial Officer, Executive Vice President
• Mary Beth DeNooyer, Chief Human Resource Officer, Executive Vice President
• Michael Barkley, Executive Vice President - Meals and Sides and Chief Marketing Officer
• Michael Kelley Maggs Sr., Executive Vice President, General Counsel, Secretary
• Michael Allen, Executive Vice President and President - Boulder
• Christopher James Boever, Executive Vice President, Chief Customer Officer
• Mark L. Schiller, President - North division, Executive Vice President
• D. Michael Wittman, Executive Vice President and Chief Supply Chain Officer

Pinnacle Foods' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.22%), Fisher Asset Management LLC (0.13%), Quantitative Systematic Strategies LLC (0.02%) and Town & Country Bank & Trust CO dba First Bankers Trust CO (0.00%). Company insiders that own Pinnacle Foods stock include Christopher J Boever, Craig D Steeneck, Ioannis Skoufalos, Mark A Clouse, Mark L Schiller, Michael J Barkley and Michael Kelley Maggs. View Institutional Ownership Trends for Pinnacle Foods.

Pinnacle Foods' stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V. and Quantitative Systematic Strategies LLC. Company insiders that have sold Pinnacle Foods stock in the last year include Christopher J Boever, Craig D Steeneck, Mark L Schiller, Michael J Barkley and Michael Kelley Maggs. View Insider Buying and Selling for Pinnacle Foods.

Pinnacle Foods' stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and Town & Country Bank & Trust CO dba First Bankers Trust CO. Company insiders that have bought Pinnacle Foods stock in the last two years include Ioannis Skoufalos and Mark A Clouse. View Insider Buying and Selling for Pinnacle Foods.

Shares of Pinnacle Foods can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Pinnacle Foods stock can currently be purchased for approximately $56.05.