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 declared that its Board of Directors has initiated a stock buyback program on Wednesday, November 14th 2018, which authorizes the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 7.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Performance Food Group Co (NYSE:PFGC) announced its quarterly earnings data on Wednesday, November, 6th. The food distribution company reported $0.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.15. The food distribution company had revenue of $6.24 billion for the quarter, compared to analysts' expectations 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 earnings per share. 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 issued an update on its FY20 earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of $1.94-2.04 for the period, compared to the Thomson Reuters consensus estimate of $2.00.

8 brokerages have issued 12 month target prices 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 0.8%. 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.

News stories about PFGC stock have trended very negative on Sunday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Performance Food Group earned a news impact score of -3.0 on InfoTrie's scale. They also assigned media coverage about the food distribution company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Performance Food Group.

Some companies that are related to Performance Food Group include Chefs' Warehouse (CHEF), Core-Mark (CORE), Primo Water (PRMW), United Natural Foods (UNFI), SpartanNash (SPTN), 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), Thermo Fisher Scientific (TMO), Alibaba Group (BABA), Procter & Gamble (PG), Johnson & Johnson (JNJ), Mcdonald's (MCD) and Raytheon (RTN).

Performance Food Group's stock is owned by a number of of institutional and retail 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 Nisa Investment Advisors LLC (0.00%). 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. 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 acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Boston Trust Walden Corp 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 $51.81.

Performance Food Group has a market capitalization of $5.47 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]