Performance Food Group - PFGC Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Performance Food Group in the last twelve months. There are currently 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PFGC shares.
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11 equities research analysts have issued 1 year price objectives for Performance Food Group's shares. Their PFGC share price forecasts range from $64.00 to $78.00. On average, they expect the company's share price to reach $72.36 in the next year. This suggests a possible upside of 27.0% from the stock's current price.
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Performance Food Group's stock was trading at $58.39 at the start of the year. Since then, PFGC shares have decreased by 2.4% and is now trading at $56.98.
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Performance Food Group saw a increase in short interest in February. As of February 15th, there was short interest totaling 2,560,000 shares, an increase of 16.9% from the January 31st total of 2,190,000 shares. Based on an average daily trading volume, of 1,240,000 shares, the short-interest ratio is currently 2.1 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
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Performance Food Group (NYSE:PFGC) posted its earnings results on Wednesday, February, 8th. The food distribution company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.07. The food distribution company earned $13.90 billion during the quarter, compared to analyst estimates of $13.89 billion. Performance Food Group had a trailing twelve-month return on equity of 16.15% and a net margin of 0.47%. The firm's revenue was up 8.3% on a year-over-year basis. During the same period last year, the company earned $0.57 EPS.

ETFs with the largest weight of Performance Food Group (NYSE:PFGC) stock in their portfolio include First Trust Consumer Staples AlphaDEX Fund (FXG), Invesco DWA Consumer Staples Momentum ETF (PSL), Invesco Dynamic Food & Beverage ETF (PBJ), Invesco S&P MidCap 400 Revenue ETF (RWK), WisdomTree U.S. Growth & Momentum Fund (WGRO), Invesco S&P MidCap Momentum ETF (XMMO), Invesco S&P MidCap Value with Momentum ETF (XMVM) and Fidelity Small-Mid Cap Opportunities ETF (FSMO).

Performance Food Group updated its FY 2023 earnings guidance on Sunday, March, 19th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $57.00 billion-$59.00 billion, compared to the consensus revenue estimate of $57.90 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 variety of institutional and retail investors. Top institutional investors include Clearbridge Investments LLC (3.33%), Morgan Stanley (3.15%), JPMorgan Chase & Co. (3.00%), William Blair Investment Management LLC (2.97%), Jennison Associates LLC (2.21%) and GW&K Investment Management LLC (1.59%). Insiders that own company stock include Christine R Vlahcevic, Donald S Bulmer, 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 $56.98.

Performance Food Group (NYSE:PFGC) has a market capitalization of $8.90 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 $1.72 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.