About Performance Food Group Company (NYSE:PFGC)
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products. The Company operates through three segments: Performance Foodservice, PFG Customized and Vistar. The Performance Foodservice segment distributes a range of national brands, customer brands, and branded food and food-related products. It sells to independent or street, and multi-unit or chain, restaurants and other institutions. Its PFG Customized segment provides service to family and casual dining restaurant chains, and fast casual and quick service restaurant chains. Its Vistar segment specializes in distributing candy, snacks, beverages and other items nationally to the vending, office coffee service, theater, hospitality and other channels. Its products include a range of frozen foods, such as meats, fully prepared appetizers and entrees, and desserts; a range of canned and dry foods; fresh meats; dairy products; beverage products, and snack and other products.
Industry, Sector and Symbol
Industry Food Retail & Distribution
Trailing P/E Ratio21.72
Forward P/E Ratio19.48
Sales & Book Value
Annual Sales$16.76 billion
Price / Sales0.18
Cash Flow$2.47 per share
Price / Cash11.43
Book Value$9.07 per share
Price / Book3.11
Net Income$96.30 million
Return on Equity15.02%
Return on Assets3.60%
Frequently Asked Questions for Performance Food Group Company (NYSE:PFGC)
What is Performance Food Group Company's stock symbol?
Performance Food Group Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "PFGC."
How were Performance Food Group Company's earnings last quarter?
Performance Food Group Company (NYSE:PFGC) issued its earnings results on Wednesday, November, 8th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.02. The restaurant operator had revenue of $4.37 billion for the quarter, compared to analysts' expectations of $4.37 billion. Performance Food Group Company had a net margin of 0.62% and a return on equity of 15.02%. The business's revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business earned $0.20 earnings per share. View Performance Food Group Company's Earnings History.
When will Performance Food Group Company make its next earnings announcement?
What guidance has Performance Food Group Company issued on next quarter's earnings?
Performance Food Group Company updated its FY18 earnings guidance on Wednesday, November, 8th. The company provided earnings per share guidance of $1.40-1.46 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.42.
Where is Performance Food Group Company's stock going? Where will Performance Food Group Company's stock price be in 2017?
9 Wall Street analysts have issued 1-year price objectives for Performance Food Group Company's stock. Their predictions range from $27.00 to $35.00. On average, they anticipate Performance Food Group Company's share price to reach $30.71 in the next year. View Analyst Ratings for Performance Food Group Company.
What are Wall Street analysts saying about Performance Food Group Company stock?
Here are some recent quotes from research analysts about Performance Food Group Company 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. " (10/5/2017)
- 2. Goldman Sachs Group, Inc. (The) analysts commented, "We reiterate our Buy rating on PFGC and add the shares to the Americas Conviction List, as we have increased confidence in core parts of our investment thesis: independent sales helping drive growth well ahead of restaurant industry volumes and private label/independent sales also driving gross margin accretion. Our EPS estimates fall 3%-11% and our EBITDA estimates fall 2%-3% to reflect F2Q17 earnings results." (3/16/2017)
- 3. Royal Bank Of Canada analysts commented, "We are initiating on Performance Food Group with a Sector Perform rating and $24 price target. While PFGC is gaining wholesale share, we expect those gains to slow. Deflation presented an opportunity for unsustainable gross margin expansion at PFGC. We believe others, who have shown a willingness to share in end-market pain, by allowing gross margins to contract, will have the best topline acceleration." (1/24/2017)
Who are some of Performance Food Group Company's key competitors?
Some companies that are related to Performance Food Group Company include WM Morrison Supermarkets PLC (MRW), Booker Group PLC (BOK), Sprouts Farmers Market (SFM), United Natural Foods (UNFI), Krispy Kreme Doughnuts (KKD), Weis Markets (WMK), SuperValu (SVU), GNC Holdings (GNC), McColl's Retail Group PLC (MCLS), DAVIDsTEA (DTEA), Fishing Republic plc (FISH) and Boulder Brands (BDBD).
Who are Performance Food Group Company's key executives?
Performance Food Group Company's management team includes the folowing people:
- Douglas M. Steenland, Independent Chairman of the Board (Age 66)
- George L. Holm, President, Chief Executive Officer, Director (Age 62)
- Thomas G. Ondrof, Chief Financial Officer, Executive Vice President (Age 53)
- Carol A. O'Connell, Chief Human Resource Officer, Senior Vice President (Age 57)
- David E. Flitman, Executive Vice President, President, Chief Executive Officer of Performance Foodservice (Age 53)
- James A. Hope Ph.D., Executive Vice President - Operations (Age 57)
- Terry A. West, Senior Vice President, Chief Information Officer (Age 60)
- A. Brent King, Senior Vice President, General Counsel, Secretary (Age 48)
- Patrick T. Hagerty, Senior Vice President and President and Chief Executive Officer of Vistar (Age 59)
- Craig H. Hoskins, Senior Vice President and Chief Executive Officer and President of PFG Customized (Age 56)
Who owns Performance Food Group Company stock?
Performance Food Group Company's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (6.39%), Victory Capital Management Inc. (3.42%), Schroder Investment Management Group (2.85%), Citadel Advisors LLC (1.29%), TimesSquare Capital Management LLC (1.16%) and Peregrine Capital Management LLC (1.12%). Company insiders that own Performance Food Group Company stock include Blackstone Capital Partners V, Craig Howard Hoskins, David E Flitman, George L Holm, Holdings LP Blackstone III, James D Hope and Wellspring Capital Partners Iv. View Institutional Ownership Trends for Performance Food Group Company.
Who sold Performance Food Group Company stock? Who is selling Performance Food Group Company stock?
Performance Food Group Company's stock was sold by a variety of institutional investors in the last quarter, including Davidson Kempner Capital Management LP, Citadel Advisors LLC, Mesirow Financial Investment Management Equity Management, TimesSquare Capital Management LLC, Pax World Management LLC, Engineers Gate Manager LP, Sei Investments Co. and Three Peaks Capital Management LLC. Company insiders that have sold Performance Food Group Company company stock in the last year include Blackstone Capital Partners V, Craig Howard Hoskins, George L Holm, Holdings LP Blackstone III and Wellspring Capital Partners Iv. View Insider Buying and Selling for Performance Food Group Company.
Who bought Performance Food Group Company stock? Who is buying Performance Food Group Company stock?
Performance Food Group Company's stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Dimensional Fund Advisors LP, Schroder Investment Management Group, Prudential Financial Inc., Janus Henderson Group PLC, GSA Capital Partners LLP, Schwab Charles Investment Management Inc. and Bank of New York Mellon Corp. Company insiders that have bought Performance Food Group Company stock in the last two years include David E Flitman and James D Hope. View Insider Buying and Selling for Performance Food Group Company.
How do I buy Performance Food Group Company stock?
Shares of Performance Food Group Company 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 Company's stock price today?
One share of Performance Food Group Company stock can currently be purchased for approximately $28.25.
How big of a company is Performance Food Group Company?
Performance Food Group Company has a market capitalization of $2.98 billion and generates $16.76 billion in revenue each year. The restaurant operator earns $96.30 million in net income (profit) each year or $1.03 on an earnings per share basis. Performance Food Group Company employs 14,000 workers across the globe.
How can I contact Performance Food Group Company?
Performance Food Group Company's mailing address is 12500 WEST CREEK PARKWAY, RICHMOND VA, 23238. The restaurant operator can be reached via phone at 804-484-7700 or via email at [email protected]
MarketBeat Community Rating for Performance Food Group Company (PFGC)MarketBeat's community ratings are surveys of what our community members think about Performance Food Group Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Performance Food Group Company (NYSE:PFGC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 4 Hold Ratings, 5 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.56)|
|Consensus Price Target: ||$30.71 (8.72% upside)|
Consensus Price Target History for Performance Food Group Company (NYSE:PFGC)
Analysts' Ratings History for Performance Food Group Company (NYSE:PFGC)
(Data available from 11/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/9/2017||Morgan Stanley||Boost Price Target||Equal Weight||$28.00 -> $30.00||N/A|
|11/3/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||N/A|
|9/13/2017||BMO Capital Markets||Boost Price Target||Outperform||$30.00 -> $33.00||High|
|9/6/2017||Guggenheim||Reiterated Rating||Buy||$31.00 -> $33.00||High|
|8/15/2017||Royal Bank Of Canada||Set Price Target||Hold||$27.00||Medium|
|5/16/2017||Jefferies Group LLC||Reiterated Rating||Buy -> Hold||High|
|5/15/2017||Loop Capital||Initiated Coverage||Buy -> Buy||$35.00||High|
|5/12/2017||Barclays PLC||Reiterated Rating||Hold||$28.00||Low|
|3/17/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Buy||$30.00 -> $29.00||High|
|11/8/2016||Credit Suisse Group||Set Price Target||Buy||$27.00||N/A|
|11/9/2016||Pivotal Research||Lower Price Target||Hold||$25.00 -> $21.00||N/A|
Earnings History and Estimates Chart for Performance Food Group Company (NYSE:PFGC)
Earnings History by Quarter for Performance Food Group Company (NYSE PFGC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/8/2017||Q1 2018||$0.25||$0.27||$4.37 billion||$4.37 billion||View||N/A|
|8/16/2017||Q4 2017||$0.50||$0.48||$4.46 billion||$4.43 billion||View||N/A|
|5/10/2017||Q3 17||$0.25||$0.27||$4.11 billion||$4.24 billion||View||N/A|
|2/8/2017||Q217||$0.28||$0.29||$4.08 billion||$4.10 billion||View||Listen|
|11/8/2016||Q117||$0.23||$0.20||$4.08 billion||$4.00 billion||View||Listen|
|8/17/2016||Q416||$0.39||$0.38||$398.00 million||$4.37 million||View||Listen|
|5/4/2016||Q316||$0.15||$0.15||$3.91 billion||$3.91 billion||View||N/A|
|2/3/2016||Q216||$0.24||$0.26||$3.97 billion||$3.89 billion||View||N/A|
|11/4/2015||Q116||$0.19||$0.21||$3.70 billion||$3.90 billion||View||N/A|
Earnings Estimates for Performance Food Group Company (NYSE:PFGC)
Current Year EPS Consensus Estimate: $1.45 EPS
Next Year EPS Consensus Estimate: $1.69 EPS
Dividend History for Performance Food Group Company (NYSE:PFGC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Performance Food Group Company (NYSE PFGC)
Insider Ownership Percentage: 3.70%
Institutional Ownership Percentage: 82.16%
Insider Trades by Quarter for Performance Food Group Company (NYSE PFGC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/10/2017||Craig Howard Hoskins||Insider||Sell||4,450||$27.81||$123,754.50|| |
|9/18/2017||Wellspring Capital Partners Iv||Major Shareholder||Sell||5,000,000||$28.25||$141,250,000.00|| |
|8/25/2017||James D Hope||Insider||Buy||3,575||$26.99||$96,489.25|| |
|5/31/2017||George L Holm||Insider||Sell||102,200||$28.23||$2,885,106.00|| |
|5/22/2017||James D Hope||Insider||Buy||2,000||$27.85||$55,700.00|| |
|5/19/2017||Craig Howard Hoskins||Insider||Sell||7,600||$27.66||$210,216.00|| |
|5/18/2017||Holdings L.P. Blackstone III||Major Shareholder||Sell||13,700,465||$27.41||$375,529,745.65|| |
|5/17/2017||James D Hope||Insider||Buy||1,000||$27.60||$27,600.00|| |
|1/13/2017||Blackstone Capital Partners V||Major Shareholder||Sell||9,728,297||$22.67||$220,540,492.99|| |
|11/18/2016||James D Hope||Insider||Buy||9,600||$22.76||$218,496.00|| |
|11/11/2016||David E Flitman||Insider||Buy||46,700||$24.34||$1,136,678.00|| |
|5/27/2016||Blackstone Capital Partners V||Major Shareholder||Sell||1,751,094||$23.34||$40,870,533.96|| |
|5/24/2016||Holdings L.P. Blackstone III||Major Shareholder||Sell||11,673,956||$23.34||$272,470,133.04|| |
|10/6/2015||Wellspring Capital Partners Iv||Major Shareholder||Sell||444,265||$17.96||$7,978,999.40|| |
Latest Headlines for Performance Food Group Company (NYSE PFGC)
Performance Food Group Company (NYSE PFGC) Chart for Thursday, November, 23, 2017