Performance Food Group - PFGC Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Performance Food Group in the last year. There are currently 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PFGC shares.
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11 brokers have issued 12 month price targets for Performance Food Group's shares. Their PFGC share price forecasts range from $60.00 to $78.00. On average, they predict the company's stock price to reach $70.91 in the next year. This suggests a possible upside of 16.0% from the stock's current price.
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Performance Food Group's stock was trading at $58.39 on January 1st, 2023. Since then, PFGC shares have increased by 4.7% and is now trading at $61.12.
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Performance Food Group saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 1,970,000 shares, a drop of 32.5% from the December 31st total of 2,920,000 shares. Based on an average daily volume of 1,180,000 shares, the days-to-cover ratio is presently 1.7 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
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Performance Food Group will be holding an earnings conference call on Wednesday, February 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Performance Food Group (NYSE:PFGC) issued its earnings results on Wednesday, November, 9th. The food distribution company reported $1.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.29. The food distribution company had revenue of $14.72 billion for the quarter, compared to analyst estimates of $14.42 billion. Performance Food Group had a trailing twelve-month return on equity of 15.34% and a net margin of 0.37%.

Performance Food Group updated its second quarter 2023 earnings guidance on Saturday, January, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $13.90 billion-$13.90 billion, compared to the consensus revenue estimate of $13.87 billion.

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.

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).

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

Performance Food Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.80%), New York State Common Retirement Fund (0.54%), Artemis Investment Management LLP (0.41%), Natixis Advisors L.P. (0.40%), Assenagon Asset Management S.A. (0.39%) and Redwood Investments LLC (0.22%). 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.
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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.
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One share of PFGC stock can currently be purchased for approximately $61.12.

Performance Food Group (NYSE:PFGC) has a market capitalization of $9.51 billion and generates $55.23 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.

The company employs 35,000 workers across the globe.

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.