Pinnacle Foods Company Profile (NYSE:PF)

About Pinnacle Foods

Pinnacle Foods logoPinnacle Foods Inc. is a manufacturer, marketer and distributor of branded food products in North America. The Company operates through three segments: the Birds Eye Frozen segment, the Duncan Hines Grocery segment and the Specialty Foods segment. The Birds Eye Frozen segment manages its brands in the United States retail frozen vegetables (Birds Eye), frozen complete bagged meals (Birds Eye Voila!), and frozen seafood (Van de Kamp's and Mrs. Paul's) categories, plant based protein frozen products (gardein), as well as its Foundation Brands in the frozen and refrigerated bagels (Lender's), frozen pizza for one (Celeste), single-serve frozen dinners and entrees (Hungry-Man), and frozen breakfast (Aunt Jemima) categories. The Duncan Hines Grocery Segment includes cake mixes, ready-to-serve frostings, brownie mixes, muffin mixes and cookie mixes. The Specialty Foods segment consists of snack products (Tim's Cascade and Snyder of Berlin), foodservice and private label businesses.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Food - Major Diversified
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: PF
  • CUSIP:
Key Metrics:
  • Previous Close: $57.50
  • 50 Day Moving Average: $53.94
  • 200 Day Moving Average: $51.44
  • 52-Week Range: $40.43 - $58.62
  • Trailing P/E Ratio: 32.12
  • Foreward P/E Ratio: 21.06
  • P/E Growth: 2.00
  • Market Cap: $6.79B
  • Outstanding Shares: 118,070,000
  • Beta: 0.3
Profitability:
  • Net Margins: 6.76%
  • Return on Equity: 13.25%
  • Return on Assets: 3.88%
Debt:
  • Debt-to-Equity Ratio: 1.67%
  • Current Ratio: 2.00%
  • Quick Ratio: 1.03%
Additional Links:
Companies Related to Pinnacle Foods:

Analyst Ratings

Consensus Ratings for Pinnacle Foods (NYSE:PF) (?)
Ratings Breakdown: 1 Hold Rating, 12 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $55.91 (2.77% downside)

Analysts' Ratings History for Pinnacle Foods (NYSE:PF)
Show:
DateFirmActionRatingPrice TargetDetails
2/24/2017RBC Capital MarketsBoost Price TargetPositive$58.00 -> $64.00View Rating Details
2/15/2017Deutsche Bank AGInitiated CoverageHold -> Buy$61.00View Rating Details
1/27/2017William BlairInitiated CoverageOutperformView Rating Details
1/9/2017Piper Jaffray CompaniesInitiated CoverageOverweight$60.00View Rating Details
12/15/2016J P Morgan Chase & CoInitiated CoverageOverweight$58.00View Rating Details
7/29/2016RoweUpgradeHold -> Buy$55.00View Rating Details
7/29/2016DA DavidsonBoost Price TargetNeutral$42.00 -> $47.00View Rating Details
7/29/2016Stifel NicolausUpgradeHold -> Buy$55.00View Rating Details
7/14/2016BMO Capital Markets$50.00 -> $56.00View Rating Details
7/12/2016Goldman Sachs Group, Inc. (The)UpgradeNeutral -> Buy$48.00 -> $57.00View Rating Details
5/24/2016Bank of America CorpReiterated RatingBuyView Rating Details
3/23/2016Royal Bank of CanadaReiterated RatingBuy$52.00View Rating Details
3/2/2016Buckingham ResearchUpgradeNeutral -> Buy$46.00 -> $50.00View Rating Details
2/26/2016StephensUpgradeEqual Weight -> BuyView Rating Details
11/25/2015Morgan StanleyReiterated RatingEqual Weight$45.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Pinnacle Foods (NYSE:PF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
2/23/2017Q416$0.79$0.79$851.50 million$858.48 millionViewN/AView Earnings Details
10/27/2016Q316$0.53$0.53$773.54 million$758.80 millionViewListenView Earnings Details
7/28/2016Q216$0.39$0.42$754.89 million$756.40 millionViewListenView Earnings Details
4/28/2016Q116$0.40$0.40$771.50 million$754.30 millionViewListenView Earnings Details
2/25/2016Q415$0.69$0.70$728.91 million$722.50 millionViewListenView Earnings Details
10/29/2015Q315$0.46$0.46$635.60 million$636.30 millionViewListenView Earnings Details
7/30/2015Q215$0.35$0.36$628.17 million$631.70 millionViewListenView Earnings Details
4/30/2015Q115$0.39$0.39$661.79 million$665.30 millionViewN/AView Earnings Details
2/24/2015Q414$0.64$0.64$718.35 million$709.30 millionViewListenView Earnings Details
11/12/2014Q314$0.41$0.41$620.20 million$624.00 millionViewListenView Earnings Details
8/13/2014Q214$0.33$0.33$629.33 million$617.80 millionViewListenView Earnings Details
5/14/2014Q114$0.35$0.36$649.30 million$644.00 millionViewListenView Earnings Details
3/6/2014Q4$0.58$0.58$718.39 million$709.30 millionViewListenView Earnings Details
11/13/2013Q313$0.35$0.35$563.16 million$572.50 millionViewListenView Earnings Details
8/14/2013Q2 2013$0.27$0.29$576.64 million$569.00 millionViewListenView Earnings Details
5/15/2013Q1 2013$0.29$0.29$615.50 million$613.00 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Pinnacle Foods (NYSE:PF)
Current Year EPS Consensus Estimate: $2.54 EPS
Next Year EPS Consensus Estimate: $2.73 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.42$0.42$0.42
Q2 20161$0.43$0.43$0.43
Q3 20161$0.53$0.53$0.53
Q4 20161$0.78$0.78$0.78
Q1 20172$0.45$0.49$0.47
Q2 20172$0.52$0.57$0.55
Q3 20172$0.63$0.63$0.63
Q4 20172$0.88$0.95$0.92
Q1 20181$0.59$0.59$0.59
Q2 20181$0.59$0.59$0.59
Q3 20181$0.66$0.66$0.66
Q4 20181$0.88$0.88$0.88
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Pinnacle Foods (NYSE:PF)
Annual Dividend:$1.14
Dividend Yield:1.98%
Dividend Growth:42.90% (3 Year Average)
Payout Ratio:66.67% (Based on Trailing 12 Months of Earnings)
44.88% (Based on Current Year Consensus EPS Estimate)
41.76% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Pinnacle Foods (NYSE:PF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/9/2017quarterly$0.292.08%2/16/20172/21/20174/7/2017
12/8/2016quarterly$0.292.22%12/16/201612/20/20161/10/2017
8/17/2016quarterly$0.292.29%8/26/20168/30/201610/10/2016
5/27/2016quarterly$0.262.41%6/3/20166/7/20167/8/2016
2/12/2016quarterly$0.262.52%2/19/20162/23/20164/8/2016
12/10/2015quarterly$0.262.38%12/17/201512/21/20151/8/2016
9/17/2015quarterly$0.262.23%9/24/20159/28/201510/9/2015
6/12/2015quarterly$0.242.22%6/22/20156/24/20157/10/2015
2/11/2015quarterly$0.242.61%2/18/20152/20/20154/10/2015
12/9/2014quarterly$0.242.73%12/17/201412/19/20141/9/2015
8/7/2014quarterly$0.213.06%8/27/20148/29/201410/7/2014
5/22/2014quarterly$0.212.52%5/29/20146/2/20147/8/2014
2/11/2014quarterly$0.213%3/18/20143/20/20144/10/2014
11/18/2013quarterly$0.212.95%11/27/201312/2/20131/10/2014
9/11/2013quarterly$0.182.7%9/19/20139/23/201310/10/2013
5/15/2013special$0.186/18/20136/20/20137/10/2013
5/14/2013quarterly$0.186/20/20137/10/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Pinnacle Foods (NYSE:PF)
Insider Ownership Percentage: 2.75%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/10/2017Michael J BarkleyCMOSell10,000$55.09$550,900.00View SEC Filing  
1/9/2017Michael J BarkleyCMOSell1,404$53.50$75,114.00View SEC Filing  
11/11/2016Mark A ClouseCEOBuy10,000$47.64$476,400.00View SEC Filing  
11/8/2016Craig D SteeneckCFOSell25,000$52.24$1,306,000.00View SEC Filing  
11/1/2016Michael Kelley MaggsEVPSell5,000$51.43$257,150.00View SEC Filing  
10/3/2016Michael Kelley MaggsEVPSell5,000$50.10$250,500.00View SEC Filing  
9/6/2016Christopher J BoeverEVPSell71,346$51.29$3,659,336.34View SEC Filing  
8/24/2016Christopher J BoeverEVPSell3,664$51.01$186,900.64View SEC Filing  
8/18/2016Christopher J BoeverEVPSell50,000$50.15$2,507,500.00View SEC Filing  
8/1/2016Michael Kelley MaggsEVPSell5,000$50.15$250,750.00View SEC Filing  
7/1/2016Michael Kelley MaggsEVPSell5,000$46.34$231,700.00View SEC Filing  
6/9/2016Michael Kelley MaggsEVPSell5,000$44.00$220,000.00View SEC Filing  
6/8/2016Craig D SteeneckCFOSell20,683$43.58$901,365.14View SEC Filing  
3/21/2016Mark L SchillerEVPSell7,823$46.00$359,858.00View SEC Filing  
3/15/2016Michael Kelley MaggsEVPSell5,000$45.65$228,250.00View SEC Filing  
3/11/2016Mark L SchillerEVPSell12,177$45.82$557,950.14View SEC Filing  
3/8/2016Michael Kelley MaggsEVPSell22,471$45.04$1,012,093.84View SEC Filing  
2/29/2016Craig D SteeneckCFOSell40,000$43.28$1,731,200.00View SEC Filing  
1/12/2016Michael Kelley MaggsEVPSell2,529$45.00$113,805.00View SEC Filing  
6/10/2015Antonio F FernandezEVPSell2,100$41.80$87,780.00View SEC Filing  
5/11/2015Antonio F FernandezEVPSell2,100$40.88$85,848.00View SEC Filing  
4/15/2015Mark L SchillerEVPSell7,000$41.42$289,940.00View SEC Filing  
4/10/2015Antonio F FernandezEVPSell2,100$41.90$87,990.00View SEC Filing  
3/13/2015Robert James GamgortCEOSell100,000$37.07$3,707,000.00View SEC Filing  
3/10/2015Antonio F FernandezEVPSell2,100$36.90$77,490.00View SEC Filing  
2/10/2015Antonio F FernandezEVPSell2,100$36.54$76,734.00View SEC Filing  
2/2/2015Craig D SteeneckCFOSell30,000$35.86$1,075,800.00View SEC Filing  
1/15/2015Mark L SchillerEVPSell7,000$35.59$249,130.00View SEC Filing  
1/12/2015Antonio F FernandezEVPSell2,100$34.99$73,479.00View SEC Filing  
1/12/2015Craig D SteeneckCFOSell30,000$35.01$1,050,300.00View SEC Filing  
12/10/2014Antonio F FernandezEVPSell3,035$34.16$103,675.60View SEC Filing  
10/10/2014Antonio F FernandezEVPSell3,035$32.57$98,849.95View SEC Filing  
9/15/2014Lynne M MisericordiaSVPSell2,500$32.09$80,225.00View SEC Filing  
9/12/2014Roger K DeromediDirectorSell175,000$31.90$5,582,500.00View SEC Filing  
9/10/2014Antonio F FernandezEVPSell3,035$31.91$96,846.85View SEC Filing  
9/2/2014Craig D SteeneckCFOSell10,000$32.39$323,900.00View SEC Filing  
8/15/2014Christopher J BoeverEVPSell5,000$31.55$157,750.00View SEC Filing  
8/15/2014Lynne M MisericordiaSVPSell2,500$31.49$78,725.00View SEC Filing  
8/11/2014Antonio F FernandezEVPSell3,035$30.74$93,295.90View SEC Filing  
8/1/2014Craig D SteeneckCFOSell10,000$30.19$301,900.00View SEC Filing  
7/15/2014Lynne M MisericordiaSVPSell2,500$31.07$77,675.00View SEC Filing  
7/15/2014Mark L SchillerEVPSell5,000$31.08$155,400.00View SEC Filing  
7/10/2014Antonio F FernandezEVPSell3,010$30.76$92,587.60View SEC Filing  
7/1/2014Craig D SteeneckCFOSell10,000$32.78$327,800.00View SEC Filing  
6/17/2014Antonio F FernandezEVPSell5,116$33.55$171,641.80View SEC Filing  
6/16/2014Lynne M MisericordiaSVPSell2,500$33.09$82,725.00View SEC Filing  
6/2/2014Craig D SteeneckCFOSell10,000$31.62$316,200.00View SEC Filing  
5/12/2014Antonio FernandezEVPSell3,035$35.40$107,439.00View SEC Filing  
5/1/2014Craig SteeneckCFOSell10,000$30.23$302,300.00View SEC Filing  
4/15/2014Lynne MisericordiaSVPSell2,500$29.58$73,950.00View SEC Filing  
4/15/2014Mark SchillerEVPSell5,000$29.59$147,950.00View SEC Filing  
4/10/2014Antonio FernandezEVPSell3,035$29.91$90,776.85View SEC Filing  
4/1/2014Craig SteeneckCFOSell10,000$29.48$294,800.00View SEC Filing  
3/17/2014Lynne MisericordiaSVPSell2,500$29.18$72,950.00View SEC Filing  
3/10/2014Antonio FernandezEVPSell3,035$28.98$87,954.30View SEC Filing  
2/11/2014Antonio FernandezEVPBuy3,300$28.00$92,400.00View SEC Filing  
1/15/2014Lynne MisericordiaSVPSell2,500$27.74$69,350.00View SEC Filing  
12/26/2013Holdings L.P. Blackstone IIImajor shareholderSell2,550,000$25.75$65,662,500.00View SEC Filing  
12/16/2013Lynne MisericordiaSVPSell2,500$26.84$67,100.00View SEC Filing  
12/2/2013Craig SteeneckCFOSell10,000$27.22$272,200.00View SEC Filing  
11/15/2013Lynne MisericordiaSVPSell2,500$28.26$70,650.00View SEC Filing  
11/1/2013Craig D SteeneckCFOSell10,000$27.17$271,700.00View SEC Filing  
10/16/2013Lynne M MisericordiaSVPSell20,000$26.37$527,400.00View SEC Filing  
10/4/2013Craig SteeneckCFOSell10,000$25.81$258,100.00View SEC Filing  
4/3/2013Christopher J BoeverEVPBuy5,500$20.00$110,000.00View SEC Filing  
4/3/2013Michael Kelley MaggsInsiderBuy1,000$20.00$20,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Pinnacle Foods (NYSE:PF)
DateHeadline
capitalcube.com logoPinnacle Foods, Inc. :PF-US: Earnings Analysis: Q4, 2016 By the Numbers : February 24, 2017 (NYSE:PF)
www.capitalcube.com - February 24 at 8:15 PM
streetinsider.com logoPinnacle Foods (PF) PT Raised to $64 at RBC Capital Following Positive 4Q Results; Ups Estimates (NYSE:PF)
www.streetinsider.com - February 24 at 8:36 AM
zacks.com logoPinnacle Foods (PF) Meets Q4 Earnings Estimates, Lifts View (NYSE:PF)
www.zacks.com - February 24 at 8:36 AM
4-traders.com logoPinnacle Foods : meets 4Q profit forecasts (NYSE:PF)
www.4-traders.com - February 23 at 7:15 PM
seekingalpha.com logoPinnacle Foods (PF) Q4 2016 Results - Earnings Call Transcript (NYSE:PF)
seekingalpha.com - February 23 at 7:15 PM
finance.yahoo.com logoEdited Transcript of PF earnings conference call or presentation 23-Feb-17 12:00pm GMT (NYSE:PF)
finance.yahoo.com - February 23 at 7:15 PM
4-traders.com logoPinnacle Foods Inc. (NYSE:PF) Files An 8-K Results of Operations and Financial Condition (NYSE:PF)
www.4-traders.com - February 23 at 9:03 AM
sg.finance.yahoo.com logoPinnacle Foods meets 4Q profit forecasts (NYSE:PF)
sg.finance.yahoo.com - February 23 at 9:03 AM
biz.yahoo.com logoQ4 2016 Pinnacle Foods Inc Earnings Release - Before Market Open (NYSE:PF)
biz.yahoo.com - February 23 at 9:03 AM
biz.yahoo.com logoPINNACLE FOODS INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhib (NYSE:PF)
biz.yahoo.com - February 23 at 9:03 AM
feeds.benzinga.com logoPinnacle Foods Inc. Reports Q4 and Full Year 2016 Results (NYSE:PF)
feeds.benzinga.com - February 23 at 6:16 AM
finance.yahoo.com logoFood Stocks Reporting Earnings on Feb 23: HRL, SAFM & More (NYSE:PF)
finance.yahoo.com - February 22 at 9:15 AM
News IconDeutsche Bank Gives Pinnacle Foods Inc Price Target With Potential 11.4% Upside (NYSE:PF)
hoyentv.com - February 17 at 4:51 PM
News IconPinnacle Foods Inc (PF) is Initiated by Deutsche Bank to "Buy" (NYSE:PF)
xboxonezone.com - February 17 at 4:51 PM
nasdaq.com logoPinnacle Foods, Inc. (PF) Ex-Dividend Date Scheduled for February 16, 2017 - Nasdaq (NYSE:PF)
www.nasdaq.com - February 17 at 8:03 AM
us.rd.yahoo.com logoCoverage initiated on Pinnacle Foods by Deutsche Bank (NYSE:PF)
us.rd.yahoo.com - February 16 at 6:47 PM
us.rd.yahoo.com logoWhat It Will Take For Pinnacle Foods To Climb To The Top Of Its Peer Group? (NYSE:PF)
us.rd.yahoo.com - February 16 at 6:47 PM
nasdaq.com logoEx-Dividend Reminder: Pinnacle Foods, Energizer Holdings and Archer Daniels Midland (NYSE:PF)
www.nasdaq.com - February 14 at 11:20 PM
4-traders.com logoPinnacle Foods : Announces New Segment Reporting Structure (NYSE:PF)
www.4-traders.com - February 13 at 9:20 AM
News IconRead this before buying Pinnacle Foods Inc (PF) for its upcoming ... - Simply Wall St (NYSE:PF)
simplywall.st - February 12 at 7:03 PM
streetinsider.com logoPinnacle Foods (PF) Announces New Segment Reporting Structure (NYSE:PF)
www.streetinsider.com - February 11 at 1:09 AM
News IconFny Managed Accounts Boosts Position by $1820112 in Pinnacle Foods Inc (PF) - Highland Mirror (NYSE:PF)
www.highlandmirror.com - February 10 at 8:08 PM
streetinsider.com logoPinnacle Foods (PF) Announces New Segment Reporting Structure - StreetInsider.com (NYSE:PF)
www.streetinsider.com - February 10 at 8:08 PM
finance.yahoo.com logoPinnacle Foods Inc. Announces New Segment Reporting Structure (NYSE:PF)
finance.yahoo.com - February 10 at 8:08 PM
biz.yahoo.com logoPINNACLE FOODS INC. Files SEC form 8-K, Other Events (NYSE:PF)
biz.yahoo.com - February 10 at 8:08 PM
finance.yahoo.com logoPinnacle Foods Inc. Declares Quarterly Dividend (NYSE:PF)
finance.yahoo.com - February 8 at 8:09 PM
News IconTechnical Levels in Review for Pinnacle Foods Inc. Common Sto (PF) - Davidson Register (NYSE:PF)
davidsonregister.com - February 7 at 8:29 PM
capitalcube.com logoPinnacle Foods, Inc. : PF-US: Dividend Analysis : December 20th, 2016 (record date) : By the numbers : February 6, 2017 (NYSE:PF)
www.capitalcube.com - February 6 at 7:15 PM
globenewswire.com logoPinnacle Foods Inc. Completes Previously-Announced Refinancing ... - GlobeNewswire (press release) (NYSE:PF)
globenewswire.com - February 3 at 8:00 PM
finance.yahoo.com logoBlog Coverage Pinnacle Foods Completes Pricing for its $2.26 Billion Term Loan - Yahoo Finance (NYSE:PF)
finance.yahoo.com - February 3 at 1:13 AM
us.rd.yahoo.com logoPinnacle Foods Inc. Completes Pricing for Previously-Announced Refinancing (NYSE:PF)
us.rd.yahoo.com - January 31 at 8:13 PM
us.rd.yahoo.com logo8:14 am Pinnacle Foods announces favorable pricing for Term Loan B and upsize of its credit facility to $225 mln from $150 mln; as a result, co increases 2017 adj. EPS by $0.03 to $2.46-2.51 vs $2.51 consensus (NYSE:PF)
us.rd.yahoo.com - January 31 at 8:13 PM
News IconInvestor Focus: Watching Shares of Pinnacle Foods Inc. (NYSE:PF) - The Tribune (NYSE:PF)
lakecitytribune.com - January 31 at 5:53 AM
nasdaq.com logoPinnacle Foods Makes for a Good Investment - Nasdaq (NYSE:PF)
www.nasdaq.com - January 30 at 8:34 AM
finance.yahoo.com logoPinnacle Foods Makes for a Good Investment (NYSE:PF)
finance.yahoo.com - January 29 at 8:51 AM
News IconEarnings in Full Force, Analysts Take Aim at Pinnacle Foods, Inc ... - Wall Street Beacon (NYSE:PF)
wsbeacon.com - January 29 at 12:20 AM
News IconStock to Watch: Pinnacle Foods Inc. Common Sto (PF) - Market Point (NYSE:PF)
mtptnews.com - January 29 at 12:20 AM
News IconChecking Moving Average and RSI Levels on Pinnacle Foods Inc. Common Sto (PF) - Market Point (NYSE:PF)
mtptnews.com - January 25 at 11:43 PM
News IconSell-side is Weighing in on Pinnacle Foods, Inc. (NYSE:PF) Earnings - Aiken Advocate (NYSE:PF)
aikenadvocate.com - January 25 at 11:43 PM
News IconEarnings in Full Force, Analysts Take Aim at Pinnacle Foods, Inc. (NYSE:PF) - Wall Street Beacon (NYSE:PF)
wsbeacon.com - January 25 at 11:43 PM
finance.yahoo.com logoPinnacle Foods To Report Fiscal Q4 Results and Host Conference Call (NYSE:PF)
finance.yahoo.com - January 25 at 11:43 PM
News IconInteresting PF Put And Call Options For September 15th (NYSE:PF)
www.stockoptionschannel.com - January 25 at 12:58 AM
marketrealist.com logoWhat’s the Latest News on Pinnacle Foods? (NYSE:PF)
marketrealist.com - January 25 at 12:58 AM
realistinvestor.com logoPinnacle Foods, Inc. (NYSE:PF) Deferred Tax Assets At $54.858 ... - RealistInvestor.com (NYSE:PF)
www.realistinvestor.com - January 24 at 7:58 PM
News IconAre Analysts Predicting a Near-Term Upswing For Pinnacle Foods, Inc. (NYSE:PF)? - Wall Street Beacon (NYSE:PF)
wsbeacon.com - January 24 at 7:58 PM
globenewswire.com logoPinnacle Foods Inc. Launches Proposed Refinancing - GlobeNewswire (press release) (NYSE:PF)
www.globenewswire.com - January 24 at 7:58 PM
zacks.com logoAltria Shares March Higher on Sherman Buyout, Bright View (NYSE:PF)
www.zacks.com - January 24 at 8:43 AM
bizjournals.com logoConsumer Goods Stocks Under Scanner -- Archer-Daniels-Midland, Bunge, Lamb Weston, and Pinnacle Foods (NYSE:PF)
www.bizjournals.com - January 24 at 8:43 AM
moodys.com logoPinnacle Foods Finance LLC -- Moody's assigns Ba2 to Pinnacle Foods' proposed $2.3 billion term loan (NYSE:PF)
www.moodys.com - January 23 at 7:30 PM
finance.yahoo.com logoPinnacle Foods Inc. Launches Proposed Refinancing (NYSE:PF)
finance.yahoo.com - January 23 at 9:28 AM

Social

What is Pinnacle Foods' stock symbol?

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

How often does Pinnacle Foods pay dividends? What is the dividend yield for Pinnacle Foods?

Pinnacle Foods announced a quarterly dividend on Thursday, February 9th. Investors of record on Tuesday, February 21st will be paid a dividend of $0.285 per share on Friday, April 7th. This represents a $1.14 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Thursday, February 16th.

Where is Pinnacle Foods' stock going? Where will Pinnacle Foods' stock price be in 2017?

14 analysts have issued twelve-month price objectives for Pinnacle Foods' shares. Their forecasts range from $47.00 to $64.00. On average, they expect Pinnacle Foods' share price to reach $55.91 in the next twelve months.

When will Pinnacle Foods announce their earnings?

Pinnacle Foods is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

What are analysts saying about Pinnacle Foods stock?

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

  • RBC Capital Markets 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)
  • According to Zacks Investment Research, "Estimates have been rising since Pinnacle Foods' third quarter earnings release, wherein earnings beat the Zacks Consensus Estimate, but revenues missed the same. Nevertheless, both earnings and revenues grew on a year-over-year basis, driven by the Boulder Brands acquisition, higher pricing and increase volume. Further, Pinnacle Foods has raised its earnings guidance for the second time in 2016, reflecting acquisition. In fact, the stock has been outperforming the Zacks categorized industry since past one year, ensuring momentum in the stock. Overall, we are impressed with the company’s strong innovation program, robust acquisition and productivity efficiency. Pinnacle Foods has a strong portfolio of brands and invests in innovation. However, higher introductory costs related to innovation, increased consumer marketing investment, input cost inflation and currency headwinds are likely to hurt profits." (12/20/2016)

  • BMO Capital Markets analysts commented, "We believe that GoPro shares have established their near-term bottom following the impact of a weak product cycle in 2015 and ensuing channel inventory issues. In the next three months, we expect improving investor sentiment and major product launch to provide GPRO sufficient tailwinds to outperform its peers in the upcoming earnings season. We see improving supply chain data points to support near-term improvement in GoPro inventory pressure. In the fall, GoPro will release new cameras which are long overdue for updates. Despite the positive short-term outlook, our long- term view on GoPro has not changed yet. We maintain that the structural decline of the camera market will be difficult to overcome unless GPRO continues to make marked improvements with user experience." (7/13/2016)

  • Goldman Sachs Group, Inc. (The) analysts commented, "Deathly Ill" (7/12/2016)

Who owns Pinnacle Foods stock?

Pinnacle Foods' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Iridian Asset Management LLC CT (4.05%), Levin Capital Strategies L.P. (2.42%), Franklin Resources Inc. (1.82%), Dimensional Fund Advisors LP (1.47%), Systematic Financial Management LP (1.35%) and Russell Investments Group Ltd. (1.26%). Company insiders that own Pinnacle Foods stock include Antonio F Fernandez, Christopher J Boever, Craig D Steeneck, Mark A Clouse, Mark L Schiller, Michael J Barkley, Michael Kelley Maggs and Robert James Gamgort.

Who sold Pinnacle Foods stock? Who is selling Pinnacle Foods stock?

Pinnacle Foods' stock was sold by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., Systematic Financial Management LP, Iridian Asset Management LLC CT, Renaissance Technologies LLC, Alyeska Investment Group L.P., Dimensional Fund Advisors LP, Folger Hill Asset Management LP and Allianz Asset Management AG. 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.

Who bought Pinnacle Foods stock? Who is buying Pinnacle Foods stock?

Pinnacle Foods' stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Fred Alger Management Inc., Nicholas Co. Inc. WI, Friess Associates LLC, FMR LLC, State Street Corp, Seven Eight Capital LP and Massey Quick & Co. LLC.

How do I buy Pinnacle Foods stock?

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.

How much does a share of Pinnacle Foods stock cost?

One share of Pinnacle Foods stock can currently be purchased for approximately $57.50.

Pinnacle Foods (NYSE:PF) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Pinnacle Foods (NYSE:PF)

Earnings History Chart

Earnings by Quarter for Pinnacle Foods (NYSE:PF)

Dividend History Chart

Dividend Payments by Quarter for Pinnacle Foods (NYSE:PF)

Last Updated on 2/26/2017 by MarketBeat.com Staff