Should I buy or sell Performance Food Group stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Performance Food Group in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PFGC shares. View PFGC analyst ratings or view top-rated stocks .

What is Performance Food Group's stock price target for 2024?

8 equities research analysts have issued 1 year price objectives for Performance Food Group's stock. Their PFGC share price targets range from $66.00 to $82.00. On average, they predict the company's share price to reach $75.00 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View analysts price targets for PFGC or view top-rated stocks among Wall Street analysts .

How have PFGC shares performed in 2023?

Performance Food Group's stock was trading at $58.39 on January 1st, 2023. Since then, PFGC shares have increased by 9.5% and is now trading at $63.92. View the best growth stocks for 2023 here .

When is Performance Food Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our PFGC earnings forecast .

How were Performance Food Group's earnings last quarter?

Performance Food Group (NYSE:PFGC) released its quarterly earnings data on Wednesday, November, 8th. The food distribution company reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.04. The food distribution company earned $14.94 billion during the quarter, compared to the consensus estimate of $14.99 billion. Performance Food Group had a net margin of 0.73% and a trailing twelve-month return on equity of 16.86%.

What ETFs hold Performance Food Group's stock?

ETFs with the largest weight of Performance Food Group (NYSE:PFGC) stock in their portfolio include Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) , First Trust Consumer Staples AlphaDEX Fund (FXG) , Invesco Food & Beverage ETF (PBJ) , Invesco S&P MidCap 400 Revenue ETF (RWK) , Natixis Vaughan Nelson Mid Cap ETF (VNMC) , Invesco S&P MidCap Momentum ETF (XMMO) , Invesco S&P MidCap Value with Momentum ETF (XMVM) and Fidelity Small-Mid Cap Opportunities ETF (FSMO) .

What is George L. Holm's approval rating as Performance Food Group's CEO?

174 employees have rated Performance Food Group Chief Executive Officer George L. Holm on Glassdoor.com . George L. Holm has an approval rating of 71% among the company's employees.

What other stocks do shareholders of Performance Food Group own?

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

Who are Performance Food Group's major shareholders?

Performance Food Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (8.00%), Clearbridge Investments LLC (4.08%), JPMorgan Chase & Co. (2.69%), Invesco Ltd. (2.38%), Morgan Stanley (2.01%) and William Blair Investment Management LLC (1.68%). Insiders that own company stock include Christine R Vlahcevic , David V Singer , Donald S Bulmer , George L Holm, James D Hope , Kimberly Grant , Matthew C Flanigan and Patrick T Hagerty . View institutional ownership trends .

How do I buy shares of Performance Food Group?

Shares of PFGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Performance Food Group have any subsidiaries?

The following companies are subsidiares of Performance Food Group: AFFLINK Corporation ULC, AFFLINK Holding Corporation, AFFLINK LLC, Coda Coffee LLC, Continental Concession Supplies LLC, Core-Mark International, Eby Brown Company LLC, Eby Brown Transportation LLC, Eby-Brown, Foodservice Purchasing Group LLC, Fox River Foods Inc., Institution Food House Inc., Kenneth O. Lester Company Inc., Liberty Distribution LLC, Longhorn Merger Sub I Inc., Longhorn Merger Sub II LLC, Mississippi Valley Freight Service LLC, NDA Marketing Inc., Ohio Pizza Products LLC, Old Hickory Logistics LLC, PFG PFS LLC, PFG Specialty Inc., PFG Transco Inc., PFGC Inc., PFST Holding Co., PICL Insurance Co., PICL Investments Inc., Performance Food Group Inc., Performance Manufacturing LLC, Performance Transportation LLC, Reinhart Foodservice, Reinhart Foodservice, Reinhart Foodservice LLC, Reinhart Foodservice Louisiana LLC, Reinhart Louisiana Holdings LLC, Reinhart Transportation LLC, TF Kinnealey & Co. Inc., Vistar Investments I LLC, and Vistar Transportation LLC. Read More

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

$63.92

-0.07 (-0.11%)

(As of 11/29/2023 ET)

Compare

Today's Range: $63.31
▼
$64.47
50-Day Range: $53.29
▼
$64.66
52-Week Range: $52.32
▼
$64.74

Volume: 965,317 shs
Average Volume: 1.00 million shs
Market Capitalization: $9.95 billion

P/E Ratio: 23.67
Dividend Yield: N/A
Price Target: $75.00

Performance Food Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 17.3% Upside
$75.00 Price Target
Short Interest: Healthy
1.75% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.30
Upright™ Environmental Score
News Sentiment: -0.10
Based on 3 Articles This Week
Insider Trading: Selling Shares
$289,636 Sold Last Quarter
Proj. Earnings Growth: 15.40%
From $4.48 to $5.17 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.80 out of 5 stars

Retail/Wholesale Sector

33rd out of 202 stocks

Groceries, General Line Industry

1st out of 5 stocks

2.4

Analyst's Opinion

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.
Price Target Upside/Downside
According to analysts' consensus price target of $75.00, Performance Food Group has a forecasted upside of 17.3% from its current price of $63.92.
Amount of Analyst Coverage
Performance Food Group has only been the subject of 4 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.75% 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 3.1, 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 decreased by 8.39%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Performance Food Group has received a 6.30% net impact score from Upright. Performance Food seems to create the most significant positive value in categories "Jobs", "Taxes", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Wholesale of nuts", "Wholesale of spices and condiments", "Wholesale of non-alcoholic beverages", and "Wholesale of fruits" products. See details.
Environmental Sustainability
The Environmental Impact score for Performance Food Group is -2.30.

2.2

News and Social Media Coverage

News Sentiment
Performance Food Group has a news sentiment score of -0.10. 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 lower news sentiment than the 0.51 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Performance Food Group this week, compared to 4 articles on an average week.
Search Interest
5 people have searched for PFGC on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
4 people have added Performance Food Group to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

2.5

Company Ownership

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 $289,636.00 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
96.64% 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.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Performance Food Group are expected to grow by 15.40% in the coming year, from $4.48 to $5.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Performance Food Group is 23.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.20.
Price to Earnings Ratio vs. Sector
The P/E ratio of Performance Food Group is 23.67, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.08.
Price to Earnings Growth Ratio
Performance Food Group has a PEG Ratio of 0.82. 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 2.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Performance Food Group Stock (NYSE:PFGC)

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.

PFGC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PFGC Stock News Headlines

November 28, 2023 | seekingalpha.com

PFGC Performance Food Group Company

November 25, 2023 | americanbankingnews.com

Head-To-Head Contrast: Atacadão (OTCMKTS:ATAAY) versus Performance Food Group (NYSE:PFGC)

November 30, 2023 | Autonomix (Ad)

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November 24, 2023 | finance.yahoo.com

Performance Food Group Company's (NYSE:PFGC) CEO Looks Due For A Compensation Raise

November 15, 2023 | finance.yahoo.com

Is Performance Food Group Company (NYSE:PFGC) Trading At A 49% Discount?

November 10, 2023 | finance.yahoo.com

Performance Food Group Company (NYSE:PFGC) Q1 2024 Earnings Call Transcript

November 9, 2023 | markets.businessinsider.com

Performance Food Group Q1 Profit Increases, beats estimates

November 8, 2023 | msn.com

Performance Food's Q1 Topline Misses By A Whisker; Sticks To Its Long-Term Outlook

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 8, 2023 | finance.yahoo.com

Performance Food Group Co Reports Solid Growth in Q1 Fiscal 2024

November 8, 2023 | businesswire.com

First-Quarter Fiscal 2024 Highlights

November 8, 2023 | markets.businessinsider.com

Performance Food Group Guides Q2 Net Sales Below View; Backs FY23 Net Sales Outlook

November 8, 2023 | msn.com

Performance Food Group Likely To Report Higher Q1 Revenue; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

November 8, 2023 | finance.yahoo.com

Performance Food Group Company Reports First-Quarter Fiscal 2024 Results

November 7, 2023 | msn.com

Performance Food Group Q1 2024 Earnings Preview

November 7, 2023 | finance.yahoo.com

Purple Innovation (PRPL) Q3 Earnings Coming Up: What to Expect

October 25, 2023 | finance.yahoo.com

What to Note Ahead of Deckers Outdoor's (DECK) Q2 Earnings

October 19, 2023 | msn.com

Deutsche Bank Initiates Coverage of Performance Food Group (PFGC) with Buy Recommendation

October 18, 2023 | markets.businessinsider.com

Performance Food Group: A Favorable Buy with Potential for Upward Performance and Market Dominance

October 17, 2023 | finance.yahoo.com

Those who invested in Performance Food Group (NYSE:PFGC) five years ago are up 82%

October 16, 2023 | msn.com

Morgan Stanley Maintains Performance Food Group (PFGC) Equal-Weight Recommendation

October 16, 2023 | markets.businessinsider.com

Expert Ratings for Performance Food Gr

September 15, 2023 | finance.yahoo.com

Vistar Commends Outstanding Achievements of 2023 Supplier Award Recipients

August 18, 2023 | msn.com

Stephens & Co. Maintains Performance Food Group (PFGC) Overweight Recommendation

August 18, 2023 | finance.yahoo.com

Performance Food Group (PFGC) Q4 Earnings Beat Estimates

August 17, 2023 | markets.businessinsider.com

Performance Food Group Analysts Increase Their Forecasts After Q4 Results

August 17, 2023 | markets.businessinsider.com

BMO Capital Keeps Their Buy Rating on Performance Food Group (PFGC)

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 11/29/2023
Next Earnings (Estimated): 2/14/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Groceries, general line
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NYSE:PFGC
CUSIP: N/A
CIK: 1618673
Web: www.pfgc.com
Phone: (804) 484-7700
Fax: 804-484-7701
Employees: 35,000
Year Founded: 1885

Price Target and Rating

Average Stock Price Target: $75.00
High Stock Price Target: $82.00
Low Stock Price Target: $66.00
Potential Upside/Downside: +17.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.70
Trailing P/E Ratio: 23.67
Forward P/E Ratio: 14.27
P/E Growth: 0.82
Net Income: $397.20 million
Net Margins: 0.73%
Pretax Margin: 1.00%
Return on Equity: 16.86%
Return on Assets: 4.96%

Debt

Debt-to-Equity Ratio: 1.10
Current Ratio: 1.77
Quick Ratio: 0.76

Sales & Book Value

Annual Sales: $57.25 billion
Price / Sales: 0.17
Cash Flow: $7.06 per share
Price / Cash Flow: 9.06
Book Value: $24.60 per share
Price / Book: 2.60

Miscellaneous

Outstanding Shares: 155,600,000
Free Float: 151,555,000
Market Cap: $9.95 billion
Optionable: Optionable
Beta: 1.36

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Key Executives

Mr. George L. Holm (Age 68)
Chairman & CEO
Comp: $3.49M
Mr. Craig Howard Hoskins (Age 62)
President & COO
Comp: $1.44M
Mr. Patrick Hatcher (Age 53)
Executive VP & CFO
Comp: $1.15M
Mr. Patrick T. Hagerty (Age 65)
Executive VP & Chief Commercial Officer
Comp: $1.4M
Mr. Scott E. McPherson (Age 53)
Executive VP and President & CEO of Convenience
Comp: $1.39M
Ms. Christine Ranney Vlahcevic (Age 61)
Senior VP & Chief Accounting Officer
Mr. Donald S. Bulmer (Age 57)
Executive VP & Chief Information Officer
Bill Marshall C.F.A.
Vice President of Investor Relations
Mr. Allen Brent King (Age 54)
Executive VP, General Counsel & Secretary
Comp: $1.18M
Scott Golden
Director of Communications & Engagement

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PFGC Stock Analysis - Frequently Asked Questions

Should I buy or sell Performance Food Group stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Performance Food Group in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PFGC shares.
View PFGC analyst ratings or view top-rated stocks.
What is Performance Food Group's stock price target for 2024?: 8 equities research analysts have issued 1 year price objectives for Performance Food Group's stock. Their PFGC share price targets range from $66.00 to $82.00. On average, they predict the company's share price to reach $75.00 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price.
View analysts price targets for PFGC or view top-rated stocks among Wall Street analysts.
How have PFGC shares performed in 2023?: Performance Food Group's stock was trading at $58.39 on January 1st, 2023. Since then, PFGC shares have increased by 9.5% and is now trading at $63.92.
View the best growth stocks for 2023 here.
When is Performance Food Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024.
View our PFGC earnings forecast.
How were Performance Food Group's earnings last quarter?: Performance Food Group (NYSE:PFGC) released its quarterly earnings data on Wednesday, November, 8th. The food distribution company reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.04. The food distribution company earned $14.94 billion during the quarter, compared to the consensus estimate of $14.99 billion. Performance Food Group had a net margin of 0.73% and a trailing twelve-month return on equity of 16.86%.
What ETFs hold Performance Food Group's stock?: ETFs with the largest weight of Performance Food Group (NYSE:PFGC) stock in their portfolio include Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), First Trust Consumer Staples AlphaDEX Fund (FXG), Invesco Food & Beverage ETF (PBJ), Invesco S&P MidCap 400 Revenue ETF (RWK), Natixis Vaughan Nelson Mid Cap ETF (VNMC), Invesco S&P MidCap Momentum ETF (XMMO), Invesco S&P MidCap Value with Momentum ETF (XMVM) and Fidelity Small-Mid Cap Opportunities ETF (FSMO).

What is George L. Holm's approval rating as Performance Food Group's CEO?: 174 employees have rated Performance Food Group Chief Executive Officer George L. Holm on Glassdoor.com. George L. Holm has an approval rating of 71% among the company's employees.
What other stocks do shareholders of Performance Food Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Performance Food Group investors own include NVIDIA (NVDA), Sysco (SYY), CVS Health (CVS), Walt Disney (DIS), Procter & Gamble (PG), Alibaba Group (BABA), RTX (RTX), Core-Mark (CORE), Cisco Systems (CSCO) and Johnson & Johnson (JNJ).
Who are Performance Food Group's major shareholders?: Performance Food Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (8.00%), Clearbridge Investments LLC (4.08%), JPMorgan Chase & Co. (2.69%), Invesco Ltd. (2.38%), Morgan Stanley (2.01%) and William Blair Investment Management LLC (1.68%). Insiders that own company stock include Christine R Vlahcevic, David V Singer, Donald S Bulmer, George L Holm, James D Hope, Kimberly Grant, Matthew C Flanigan and Patrick T Hagerty.
View institutional ownership trends.
How do I buy shares of Performance Food Group?: Shares of PFGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does Performance Food Group have any subsidiaries?: The following companies are subsidiares of Performance Food Group: AFFLINK Corporation ULC, AFFLINK Holding Corporation, AFFLINK LLC, Coda Coffee LLC, Continental Concession Supplies LLC, Core-Mark International, Eby Brown Company LLC, Eby Brown Transportation LLC, Eby-Brown, Foodservice Purchasing Group LLC, Fox River Foods Inc., Institution Food House Inc., Kenneth O. Lester Company Inc., Liberty Distribution LLC, Longhorn Merger Sub I Inc., Longhorn Merger Sub II LLC, Mississippi Valley Freight Service LLC, NDA Marketing Inc., Ohio Pizza Products LLC, Old Hickory Logistics LLC, PFG PFS LLC, PFG Specialty Inc., PFG Transco Inc., PFGC Inc., PFST Holding Co., PICL Insurance Co., PICL Investments Inc., Performance Food Group Inc., Performance Manufacturing LLC, Performance Transportation LLC, Reinhart Foodservice, Reinhart Foodservice, Reinhart Foodservice LLC, Reinhart Foodservice Louisiana LLC, Reinhart Louisiana Holdings LLC, Reinhart Transportation LLC, TF Kinnealey & Co. Inc., Vistar Investments I LLC, and Vistar Transportation LLC.
Read More

This page (NYSE:PFGC) was last updated on 11/30/2023 by MarketBeat.com Staff

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