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

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

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

Performance Food Group Co (NYSE:PFGC) released its quarterly earnings data on Wednesday, November, 6th. The food distribution company reported $0.50 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.35 by $0.15. The food distribution company earned $6.24 billion during the quarter, compared to the consensus estimate of $6.10 billion. Performance Food Group had a return on equity of 16.71% and a net margin of 0.81%. The firm's revenue was up 37.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.34 EPS. View Performance Food Group's Earnings History.

Performance Food Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Performance Food Group.

Performance Food Group updated its FY20 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $1.94-2.04 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.00.

8 brokers have issued 1 year price objectives for Performance Food Group's stock. Their forecasts range from $37.00 to $59.00. On average, they expect Performance Food Group's share price to reach $51.38 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. View Analyst Price Targets for Performance Food Group.

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Performance Food Group.

Media coverage about PFGC stock has been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Performance Food Group earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave news stories about the food distribution company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Performance Food Group.

Some companies that are related to Performance Food Group include Core-Mark (CORE), Chefs' Warehouse (CHEF), Primo Water (PRMW), SpartanNash (SPTN), United Natural Foods (UNFI), G Willi-Food International (WILC) and DTS8 Coffee (BKCT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Performance Food Group investors own include CVS Health (CVS), Cisco Systems (CSCO), Home Depot (HD), Honeywell International (HON), Procter & Gamble (PG), Thermo Fisher Scientific (TMO), Alibaba Group (BABA), Verizon Communications (VZ), Johnson & Johnson (JNJ) and Mcdonald's (MCD).

Performance Food Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.72%), Boston Trust Walden Corp (0.35%), Scout Investments Inc. (0.22%), Three Peaks Capital Management LLC (0.09%), Hennessy Advisors Inc. (0.07%) and Campbell & CO Investment Adviser LLC (0.02%). Company insiders that own Performance Food Group stock include Carol A O'connell, Christine R Vlahcevic, Craig Howard Hoskins, Douglas M Steenland, George L Holm, Patrick T Hagerty and Terry A West. View Institutional Ownership Trends for Performance Food Group.

PFGC stock was sold by a variety of institutional investors in the last quarter, including Three Peaks Capital Management LLC, Scout Investments Inc., NEXT Financial Group Inc and Hennessy Advisors Inc.. Company insiders that have sold Performance Food Group company stock in the last year include Christine R Vlahcevic, Craig Howard Hoskins and Patrick T Hagerty. View Insider Buying and Selling for Performance Food Group.

PFGC stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Boston Trust Walden Corp, Janney Montgomery Scott LLC, Campbell & CO Investment Adviser LLC and Nisa Investment Advisors LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of PFGC stock can currently be purchased for approximately $52.86.

Performance Food Group has a market capitalization of $5.58 billion and generates $19.74 billion in revenue each year. The food distribution company earns $166.80 million in net income (profit) each year or $1.85 on an earnings per share basis. Performance Food Group employs 18,000 workers across the globe.View Additional Information About Performance Food Group.

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

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]