NYSE:PFGC

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

$59.25

-1.21 (-2.00%)

(As of 09/26/2023 ET)

Compare

Today's Range: $59.18
▼
$60.35
50-Day Range: $57.46
▼
$63.00
52-Week Range: $42.77
▼
$64.34

Volume: 891,789 shs
Average Volume: 870,118 shs
Market Capitalization: $9.25 billion

P/E Ratio: 23.24
Dividend Yield: N/A
Price Target: $74.30

Performance Food Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.90 Rating Score
Upside/Downside: 25.4% Upside
$74.30 Price Target
Short Interest: Healthy
1.77% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.30
Upright™ Environmental Score
News Sentiment: 0.83
Based on 3 Articles This Week
Insider Trading: Selling Shares
$362,480 Sold Last Quarter
Proj. Earnings Growth: 15.11%
From $4.50 to $5.18 Per Share

Overall MarketRank^™

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

2.58 out of 5 stars

Retail/Wholesale Sector

109th out of 206 stocks

Groceries, General Line Industry

4th out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
Performance Food Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $74.30, Performance Food Group has a forecasted upside of 25.4% from its current price of $59.25.
Amount of Analyst Coverage
Performance Food Group has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.77% 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 increased by 7.36%, indicating that investor sentiment is decreasing 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.

2.7

News and Social Media Coverage

News Sentiment
Performance Food Group has a news sentiment score of 0.83. 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 0.57 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
Only 2 people have searched for PFGC on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.
MarketBeat Follows
3 people have added Performance Food Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 $362,480.00 in company stock.
Percentage Held by Insiders
Only 2.80% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Performance Food Group are expected to grow by 15.11% in the coming year, from $4.50 to $5.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Performance Food Group is 23.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Performance Food Group is 23.24, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.29.
Price to Book Value per Share Ratio
Performance Food Group has a P/B Ratio of 2.47. 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 (NYSE:PFGC) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

PFGC Stock News Headlines

September 8, 2023 | marketbeat.com

3 Dividend Kings Poised to Outperform the Market (PFGC)

Wall Street expects these three Dividend Kings who have raised their dividend payments for 50 or more consecutive years to keep delivering dividend gold.

September 27, 2023 | americanbankingnews.com

Performance Food Group (NYSE:PFGC) Receives Consensus Recommendation of "Moderate Buy" from Analysts

September 27, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

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)

September 27, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

August 17, 2023 | finance.yahoo.com

Performance Food Group Company: Two Catalysts for Further Upside Potential in 2023

August 16, 2023 | msn.com

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

August 16, 2023 | msn.com

Why Performance Food Shares Are Gaining Today

August 16, 2023 | markets.businessinsider.com

Performance Food Group Rises 6% On Higher Quarterly Profit And Sales

August 16, 2023 | msn.com

Performance Food Group up on optimistic forecast; co. misses on earnings

August 16, 2023 | finance.yahoo.com

Performance Food Group (PFGC) Tops Q4 Earnings Estimates

August 16, 2023 | markets.businessinsider.com

Performance Food Q4 Profit Meets View, Sales Miss; Issues Q1, FY24 Outlook; Backs FY25 Targets

August 16, 2023 | finance.yahoo.com

Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2023 Results

August 16, 2023 | markets.businessinsider.com

Performance Food Group (PFGC) Receives a Buy from Barclays

August 15, 2023 | markets.businessinsider.com

Performance Food Group earnings: here's what to expect

August 15, 2023 | benzinga.com

Performance Food Gr Earnings Preview

August 13, 2023 | seekingalpha.com

Performance Food Group: Ranking Against Its Competitors

August 8, 2023 | finance.yahoo.com

Is Performance Food Group Company's (NYSE:PFGC) Stock Price Struggling As A Result Of Its Mixed Financials?

August 2, 2023 | finance.yahoo.com

Performance Food Group Company to Host Webcast of Fourth-Quarter Fiscal 2023 Results

July 24, 2023 | bizjournals.com

Performance Food Group seeks incentives to move from city to larger Ferguson facility

July 22, 2023 | finance.yahoo.com

Should You Be Adding Performance Food Group (NYSE:PFGC) To Your Watchlist Today?

July 18, 2023 | msn.com

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

July 5, 2023 | finance.yahoo.com

What Is Performance Food Group Company's (NYSE:PFGC) Share Price Doing?

See More Headlines

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PFGC Company Calendar

Last Earnings: 8/16/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 6/30/2024

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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 Forecast: $74.30
High Stock Price Forecast: $82.00
Low Stock Price Forecast: $66.00
Forecasted Upside/Downside: +25.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.90
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.55
Trailing P/E Ratio: 23.24
Forward P/E Ratio: 13.17
P/E Growth: N/A
Net Income: $397.20 million
Net Margins: 0.69%
Pretax Margin: 0.95%
Return on Equity: 17.01%
Return on Assets: 4.93%

Debt

Debt-to-Equity Ratio: 1.04
Current Ratio: 1.71
Quick Ratio: 0.75

Sales & Book Value

Annual Sales: $57.25 billion
Price / Sales: 0.16
Cash Flow: $7.05 per share
Price / Cash Flow: 8.41
Book Value: $23.99 per share
Price / Book: 2.47

Miscellaneous

Outstanding Shares: 156,190,000
Free Float: 151,821,000
Market Cap: $9.25 billion
Optionable: Optionable
Beta: 1.37

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Key Executives

Mr. George L. Holm (Age 68)
Chairman & CEO
Comp: $3.66M

Mr. Craig Howard Hoskins (Age 62)
Pres & COO
Comp: $1.46M

Mr. Allen Brent King (Age 54)
Exec. VP, Gen. Counsel & Sec.
Comp: $1.18M

Mr. Patrick T. Hagerty (Age 65)
Exec. VP & Chief Commercial Officer
Comp: $1.45M

Mr. Patrick Hatcher
Exec. VP & CFO

Ms. Christine Ranney Vlahcevic (Age 61)
Sr. VP & Chief Accounting Officer

Mr. Donald S. Bulmer (Age 57)
Exec. VP & Chief Information Officer

Bill Marshall C.F.A.
VP of Investor Relations

Scott Golden
Director of Communications & Engagement

Ms. Erika T. Davis CCP (Age 59)
Exec. VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PFGC Stock - Frequently Asked Questions

Should I buy or sell Performance Food Group stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Performance Food Group in the last year. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street research 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 forecast for 2023?: 10 Wall Street research analysts have issued twelve-month price objectives for Performance Food Group's stock. Their PFGC share price forecasts range from $66.00 to $82.00. On average, they anticipate the company's stock price to reach $74.30 in the next year. This suggests a possible upside of 25.4% 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 at the beginning of the year. Since then, PFGC stock has increased by 1.5% and is now trading at $59.25.
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, November 8th 2023.
View our PFGC earnings forecast.
How were Performance Food Group's earnings last quarter?: Performance Food Group (NYSE:PFGC) issued its quarterly earnings results on Wednesday, August, 16th. The food distribution company reported $1.14 earnings per share for the quarter, meeting analysts' consensus estimates of $1.14. The food distribution company earned $14.87 billion during the quarter, compared to analyst estimates of $15.07 billion. Performance Food Group had a trailing twelve-month return on equity of 17.01% and a net margin of 0.69%. The company's quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.07 EPS.
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 guidance has Performance Food Group issued on next quarter's earnings?: Performance Food Group issued an update on its first quarter 2024 earnings guidance on Wednesday, August, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $14.70 billion-$15.00 billion, compared to the consensus revenue estimate of $15.22 billion.
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).
What is Performance Food Group's stock symbol?: Performance Food Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFGC."
Who are Performance Food Group's major shareholders?: Performance Food Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Capital World Investors (13.63%), BlackRock Inc. (8.59%), Clearbridge Investments LLC (3.50%), State Street Corp (2.74%), JPMorgan Chase & Co. (2.69%) and William Blair Investment Management LLC (1.95%). Insiders that own company stock include Christine R Vlahcevic, Donald S Bulmer, George L Holm, George L Holm, James D Hope, Kimberly Grant, Matthew C Flanigan, Patrick T Hagerty 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.
What is Performance Food Group's stock price today?: One share of PFGC stock can currently be purchased for approximately $59.25.
How much money does Performance Food Group make?: Performance Food Group (NYSE:PFGC) has a market capitalization of $9.25 billion and generates $57.25 billion in revenue each year. The food distribution company earns $397.20 million in net income (profit) each year or $2.55 on an earnings per share basis.
How many employees does Performance Food Group have?: The company employs 35,000 workers across the globe.
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
How can I contact Performance Food Group?: Performance Food Group's mailing address is 12500 WEST CREEK PARKWAY, RICHMOND VA, 23238. The official website for the company is www.pfgc.com. The food distribution company can be reached via phone at (804) 484-7700, via email at bill.marshall@pfgc.com, or via fax at 804-484-7701.

This page (NYSE:PFGC) was last updated on 9/27/2023 by MarketBeat.com Staff

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

Performance Food Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Performance Food Group (NYSE:PFGC) Stock

PFGC Price History

PFGC Stock News Headlines

PFGC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

PFGC Stock - Frequently Asked Questions

Overall MarketRank^™