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

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$39.06 +0.61 (+1.59 %)
(As of 03/26/2019 10:52 AM ET)
Previous Close$38.45
Today's Range$38.6150 - $39.06
52-Week Range$28.05 - $39.68
Volume91,922 shs
Average Volume619,678 shs
Market Capitalization$4.11 billion
P/E Ratio25.36
Dividend YieldN/A
Beta0.7
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates in three operating segments: Performance Foodservice, PFG Customized, and Vistar. The company offers a range of frozen foods, including meats, fully prepared appetizers and entrees, fruits, vegetables, and desserts; canned and dry foods; fresh meats; dairy products; beverage products; imported specialties; fresh produce; and candy, snack, and other products, as well as beef, seafood, shortenings and oils, baked goods, salad dressings, teas and cocoas, pork, and others. It also supplies various non-food items, such as paper products comprising pizza boxes, disposable napkins, plates, and cups; tableware that include china and silverware; cookware, which comprise pots, pans, and utensils; restaurant and kitchen equipment and supplies; and cleaning supplies. In addition, the company offers value-added services related to foodservice distribution, including electronic order-taking, payment, and other Internet based services; various reports and other data, menu planning advice, food safety training, and assistance in inventory control, as well as access to various third-party services designed to add value to its customers' businesses. It serves street and chain restaurants, schools, business and industry locations, hospitals, vending distributors, office coffee service distributors, retailers, and theaters, as well as franchises and other institutional customers. The company markets and distributes approximately 150,000 food and food-related products from 73 distribution centers to approximately 150,000 customer locations. Performance Food Group Company was founded in 2002 and is headquartered in Richmond, Virginia.

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Industry, Sector and Symbol

Industry Groceries, general line
Sub-IndustryN/A
SectorRetail/Wholesale
CUSIPN/A
Phone804-484-7700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$17.62 billion
Cash Flow$2.9324 per share
Book Value$10.89 per share

Profitability

Net Income$198.70 million

Miscellaneous

Employees15,000
Market Cap$4.11 billion
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Performance Food Group (NYSE:PFGC) Frequently Asked Questions

What is Performance Food Group's stock symbol?

Performance Food Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFGC."

How will Performance Food Group's stock buyback program work?

Performance Food Group declared that its board has approved a share repurchase program on Wednesday, November 14th 2018, which permits the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Performance Food Group's earnings last quarter?

Performance Food Group Co (NYSE:PFGC) announced its quarterly earnings data on Wednesday, February, 6th. The food distribution company reported $0.46 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.40 by $0.06. The food distribution company earned $4.62 billion during the quarter, compared to the consensus estimate of $4.50 billion. Performance Food Group had a net margin of 0.94% and a return on equity of 15.39%. The company's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.40 EPS. View Performance Food Group's Earnings History.

When is Performance Food Group's next earnings date?

Performance Food Group is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Performance Food Group.

What guidance has Performance Food Group issued on next quarter's earnings?

Performance Food Group issued an update on its FY19 earnings guidance on Tuesday, March, 19th. The company provided earnings per share guidance of $1.70-1.79 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.81.

What price target have analysts set for PFGC?

11 equities research analysts have issued 1-year price objectives for Performance Food Group's shares. Their predictions range from $32.00 to $46.00. On average, they anticipate Performance Food Group's stock price to reach $38.7273 in the next year. This suggests that the stock has a possible downside of 0.1%. View Analyst Price Targets for Performance Food Group.

What is the consensus analysts' recommendation for Performance Food Group?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Performance Food Group in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Performance Food Group.

What are Wall Street analysts saying about Performance Food Group stock?

Here are some recent quotes from research analysts about Performance Food Group stock:
  • 1. According to Zacks Investment Research, "Performance Food Group Company markets and distributes food and food-related products. Its operating segment consists of Foodservice, Vistar, and PFG Customized. Foodservice segment offers appetizers and soups, beverages, canned and dry foods, cheese, dairy products and eggs, desserts and breads, dressing sauces and oils, non-foods, pizzas and pastas, prepared foods, produce and vegetables and seafood products. Vistar segment offers candies, gum and mints, snacks, cold beverages, frozen products, coffees, ice creams, frozen and refrigerated entrees, disposables, cleaners and more. PFG Customized segment offers seafood, meats, produce, dairy products and smallwares. The company serves independent and national chain restaurants, quick-service eateries, pizzerias, theaters, schools, hotels, healthcare facilities and other institutions. Performance Food Group Company is headquartered in Richmond, Virginia. " (2/8/2019)
  • 2. Pivotal Research analysts commented, "2H19 (HOLD) Feb. 7, 2019 BOTTOM LINE: PFGC delivered a solid earnings beat in 2Q19 with strong case growth in the Foodservice segment and continued momentum in Vistar. At this time, PFGC is ahead of plan in relation to FY19 guidance. We’ve updated our estimates which reflect 10% adj. EBITDA growth for FY19. PFGC will benefit in the near-term from recent investments in its sales force. Independent case volume should pick up in 2H19. Even though PFGC’s sales to independents are outpacing the competition, we are still seeing some indications that the outlook for independents is becoming a bit more pressured across the industry. Overall, PFGC is executing at a very high level with underlying case growth across both independents and chains." (2/7/2019)

Has Performance Food Group been receiving favorable news coverage?

News stories about PFGC stock have trended somewhat negative this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Performance Food Group earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the food distribution company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of Performance Food Group's key competitors?

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 SYSCO (SYY), SLM (SLM), Carmike Cinemas (CKEC), Micron Technology (MU), Constellation Brands (STZ), Chefs' Warehouse (CHEF), US Foods (USFD), Cisco Systems (CSCO), CVS Health (CVS) and NVIDIA (NVDA).

Who are Performance Food Group's key executives?

Performance Food Group's management team includes the folowing people:
  • Mr. George L. Holm, Pres, CEO & Chairman (Age 64)
  • Mr. James D. Hope, Exec. VP & CFO (Age 59)
  • Ms. Carol A. O'Connell, Sr. VP & Chief HR Officer (Age 59)
  • Mr. Patrick T. Hagerty, Exec. VP (Age 61)
  • Mr. Thomas G. Ondrof, Strategic Growth Leader (Age 55)

Who are Performance Food Group's major shareholders?

Performance Food Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (8.46%), BlackRock Inc. (7.00%), Victory Capital Management Inc. (4.23%), Jennison Associates LLC (2.20%), Dimensional Fund Advisors LP (1.95%) and Vaughan Nelson Investment Management L.P. (1.34%). Company insiders that own Performance Food Group stock include Carol A O'connell, Craig Howard Hoskins, Douglas M Steenland, George L Holm, Holdings LP Blackstone III, James D Hope, Patrick T Hagerty, Terry A West, Wellspring Capital Partners Iv and William F Dawson Jr. View Institutional Ownership Trends for Performance Food Group.

Which major investors are selling Performance Food Group stock?

PFGC stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, D. E. Shaw & Co. Inc., BlackRock Inc., Eaton Vance Management, Jennison Associates LLC, Two Sigma Advisers LP, Peregrine Capital Management LLC and Bank of America Corp DE. Company insiders that have sold Performance Food Group company stock in the last year include Carol A O'connell, Craig Howard Hoskins, Douglas M Steenland, George L Holm, Patrick T Hagerty and Terry A West. View Insider Buying and Selling for Performance Food Group.

Which major investors are buying Performance Food Group stock?

PFGC stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Vaughan Nelson Investment Management L.P., Victory Capital Management Inc., Dimensional Fund Advisors LP, First Trust Advisors LP, SG Americas Securities LLC and Geode Capital Management LLC. View Insider Buying and Selling for Performance Food Group.

How do I buy shares of Performance Food Group?

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

What is Performance Food Group's stock price today?

One share of PFGC stock can currently be purchased for approximately $38.76.

How big of a company is Performance Food Group?

Performance Food Group has a market capitalization of $4.08 billion and generates $17.62 billion in revenue each year. The food distribution company earns $198.70 million in net income (profit) each year or $1.54 on an earnings per share basis. Performance Food Group employs 15,000 workers across the globe.

What is Performance Food Group's official website?

The official website for Performance Food Group is http://www.pfgc.com.

How can I contact Performance Food Group?

Performance Food Group's mailing address is 12500 WEST CREEK PARKWAY, RICHMOND VA, 23238. The food distribution company can be reached via phone at 804-484-7700 or via email at [email protected]


MarketBeat Community Rating for Performance Food Group (NYSE PFGC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  277 (Vote Underperform)
Total Votes:  531
MarketBeat's community ratings are surveys of what our community members think about Performance Food Group and other stocks. Vote "Outperform" if you believe PFGC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFGC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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