NYSE:PFGC

Performance Food Group - PFGC Stock Forecast, Price & News

$59.99

-0.21 (-0.35%)

(As of 12/9/2022 02:37 PM ET)

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Today's Range: $59.61
▼
$60.26
50-Day Range: $42.95
▼
$60.98
52-Week Range: $38.23
▼
$61.74

Volume: 21,943 shs
Average Volume: 1.16 million shs
Market Capitalization: $9.34 billion

P/E Ratio: 45.79
Dividend Yield: N/A
Price Target: $68.40

Performance Food Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 14.1% Upside
$68.40 Price Target
Short Interest: Healthy
1.86% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.30
Upright™ Environmental Score
News Sentiment: 0.31
Based on 5 Articles This Week
Insider Trading: Selling Shares
$507,976 Sold Last Quarter
Proj. Earnings Growth: 15.38%
From $3.77 to $4.35 Per Share

Overall MarketRank^™

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

2.76 out of 5 stars

Retail/Wholesale Sector

28th out of 212 stocks

Groceries, General Line Industry

1st out of 5 stocks

3.5

Analyst's Opinion

Consensus Rating
Performance Food Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $68.40, Performance Food Group has a forecasted upside of 14.1% from its current price of $59.94.
Amount of Analyst Coverage
Performance Food Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.86% 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 2.8, 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 26.77%, 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.

2.4

News and Social Media Coverage

News Sentiment
Performance Food Group has a news sentiment score of 0.31. 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 news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Performance Food Group this week, compared to 3 articles on an average week.
Search Interest
15 people have searched for PFGC on MarketBeat in the last 30 days. This is an increase of 1,400% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Performance Food Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $507,976.00 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
99.68% 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 15.38% in the coming year, from $3.77 to $4.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Performance Food Group is 45.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Performance Food Group is 45.76, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.49.
Price to Earnings Growth Ratio
Performance Food Group has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Performance Food Group has a P/B Ratio of 2.81. 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.

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PFGC Stock News Headlines

December 6, 2022 | americanbankingnews.com

Brokerages Set Performance Food Group (NYSE:PFGC) Price Target at $68.40

December 3, 2022 | americanbankingnews.com

Performance Food Group (NYSE:PFGC) Insider Sells $30,505.00 in Stock

December 3, 2022 | finance.yahoo.com

Should Value Investors Buy Performance Food Group (PFGC) Stock?

December 2, 2022 | americanbankingnews.com

Performance Food Group (NYSE:PFGC) Sets New 1-Year High at $59.95

December 1, 2022 | finance.yahoo.com

Performance Food Group (NYSE:PFGC) stock performs better than its underlying earnings growth over last five years

December 1, 2022 | americanbankingnews.com

Performance Food Group (NYSE:PFGC) Insider Sells $251,126.50 in Stock

December 1, 2022 | americanbankingnews.com

Performance Food Group (NYSE:PFGC) Director Sells $178,380.00 in Stock

November 24, 2022 | finance.yahoo.com

3 Natural Food Stocks to Watch Amid Robust Industry Trends

November 22, 2022 | finance.yahoo.com

What Makes Performance Food Group (PFGC) a Strong Momentum Stock: Buy Now?

November 16, 2022 | finance.yahoo.com

Performance Food Group (PFGC)'s Technical Outlook is Bright After Key Golden Cross

November 16, 2022 | finance.yahoo.com

Performance Food Group Company Announces $300 Million Share Repurchase Program

November 12, 2022 | finance.yahoo.com

Inflation Remains Tailwind For Performance Food Group, Says This Analyst

November 11, 2022 | finance.yahoo.com

Here Is Why Bargain Hunters Would Love Fast-paced Mover Performance Food (PFGC)

November 10, 2022 | markets.businessinsider.com

10 Analysts Have This to Say About Performance Food Gr

November 10, 2022 | finance.yahoo.com

Performance Food Group Company's (NYSE:PFGC) CEO Compensation Looks Acceptable To Us And Here's Why

November 9, 2022 | seekingalpha.com

Performance Food Group Company (PFGC) Q1 2023 Earnings Call Transcript

November 9, 2022 | nasdaq.com

Performance Food Group Boosts Q2, FY23 Net Sales Outlook As Q1 Results Top Estimates

November 9, 2022 | finance.yahoo.com

Performance Food Group Company Reports First-Quarter Fiscal 2023 Results

November 9, 2022 | finance.yahoo.com

Performance Food Group (PFGC) Tops Q1 Earnings and Revenue Estimates

October 26, 2022 | finance.yahoo.com

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

October 17, 2022 | finance.yahoo.com

Sprouts Farmers (SFM) Gains Market Share on Operational Efforts

October 11, 2022 | finance.yahoo.com

Performance Food Group Company (PFGC)

October 10, 2022 | finance.yahoo.com

Performance Food Group Introduces Exclusive Fair Trade Certified™ Norwegian Salmon Product

October 5, 2022 | finance.yahoo.com

Are Retail-Wholesale Stocks Lagging Dillard's (DDS) This Year?

September 30, 2022 | finance.yahoo.com

Performance Food Group Company: No-Moat Performance Food Group Is Managing Through Pandemic Aftershocks Relatively Well

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PFGC Company Calendar

Last Earnings: 11/10/2021
Today: 12/09/2022
Next Earnings (Estimated): 2/08/2023
Fiscal Year End: 6/30/2023

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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: N/A

Price Target and Rating

Average Stock Price Forecast: $68.40
High Stock Price Forecast: $78.00
Low Stock Price Forecast: $60.00
Forecasted Upside/Downside: +14.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.31
Trailing P/E Ratio: 45.79
Forward P/E Ratio: 15.91
P/E Growth: 1.06
Net Income: $112.50 million
Net Margins: 0.37%
Pretax Margin: 0.53%
Return on Equity: 15.34%
Return on Assets: 4.13%

Debt

Debt-to-Equity Ratio: 1.19
Current Ratio: 1.64
Quick Ratio: 0.71

Sales & Book Value

Annual Sales: $50.89 billion
Price / Sales: 0.18
Cash Flow: $5.59 per share
Price / Cash Flow: 10.73
Book Value: $21.31 per share
Price / Book: 2.82

Miscellaneous

Outstanding Shares: 155,670,000
Free Float: 151,314,000
Market Cap: $9.34 billion
Optionable: Optionable
Beta: 1.38

Key Executives

Mr. George L. Holm (Age 67)
Chairman & CEO
Comp: $3.66M

Mr. Craig Howard Hoskins (Age 61)
Pres & COO
Comp: $1.46M

Mr. James D. Hope (Age 62)
Exec. VP & CFO
Comp: $1.69M

Mr. Allen Brent King (Age 53)
Exec. VP, Gen. Counsel & Sec.
Comp: $1.18M

Mr. Patrick T. Hagerty (Age 64)
Exec. VP & Chief Commercial Officer
Comp: $1.45M

Ms. Christine Ranney Vlahcevic (Age 60)
Sr. VP & Chief Accounting Officer

Mr. Donald S. Bulmer (Age 56)
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 58)
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 analysts have issued "buy," "hold," and "sell" ratings for Performance Food Group in the last year. There are currently 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PFGC shares.
View PFGC analyst ratings or view top-rated stocks.
What is Performance Food Group's stock price forecast for 2023?: 10 analysts have issued twelve-month target prices for Performance Food Group's stock. Their PFGC share price forecasts range from $60.00 to $78.00. On average, they expect the company's stock price to reach $68.40 in the next twelve months. This suggests a possible upside of 13.6% 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 2022?: Performance Food Group's stock was trading at $45.89 at the start of the year. Since then, PFGC shares have increased by 31.2% and is now trading at $60.20.
View the best growth stocks for 2022 here.
Are investors shorting Performance Food Group?: Performance Food Group saw a decrease in short interest in November. As of November 15th, there was short interest totaling 2,900,000 shares, a decrease of 26.8% from the October 31st total of 3,960,000 shares. Based on an average daily volume of 1,030,000 shares, the days-to-cover ratio is presently 2.8 days.
View Performance Food Group's Short Interest.
When is Performance Food Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our PFGC earnings forecast.
How were Performance Food Group's earnings last quarter?: Performance Food Group (NYSE:PFGC) posted its quarterly earnings results on Wednesday, November, 10th. The food distribution company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.41 by $0.02. The food distribution company had revenue of $10.39 billion for the quarter, compared to analysts' expectations of $9.94 billion. Performance Food Group had a trailing twelve-month return on equity of 15.34% and a net margin of 0.37%. During the same quarter in the previous year, the company posted $0.25 earnings per share.
What guidance has Performance Food Group issued on next quarter's earnings?: Performance Food Group issued an update on its second quarter 2023 earnings guidance on Friday, December, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $13.60 billion-$13.90 billion, compared to the consensus revenue estimate of $13.74 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), Raytheon Technologies (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 Vanguard Group Inc. (9.62%), BlackRock Inc. (8.36%), State Street Corp (2.63%), Jennison Associates LLC (2.42%), Victory Capital Management Inc. (2.37%) and Eaton Vance Management (2.21%). Insiders that own company stock include Christine R Vlahcevic, 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 $60.20.
How much money does Performance Food Group make?: Performance Food Group (NYSE:PFGC) has a market capitalization of $9.37 billion and generates $50.89 billion in revenue each year. The food distribution company earns $112.50 million in net income (profit) each year or $1.31 on an earnings per share basis.
How many employees does Performance Food Group have?: The company employs 35,000 workers across the globe.
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 12/9/2022 by MarketBeat.com Staff

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Performance Food Group - PFGC Stock Forecast, Price & News

Performance Food Group MarketRank™ Forecast

Overall MarketRank™