According to Zacks, “Performance Food Group Company markets and distributes meals and food-related products. Its running section includes Foodservice, Vistar, and PFG Customized. The foodservice section gives appetizers and soups, drinks, canned and dry ingredients, cheese, dairy products, eggs, cakes and bread, dressing sauces and oils, non-meals, pizzas, pasta, and prepared foods and vegetables, and seafood products.
The faster segment gives candies, gum and mints, snacks, cold beverages, frozen products, coffees, ice creams, frozen and refrigerated entrees, disposables, cleaners, and greater. PFG Customized phase offers seafood, meats, produce dairy products, and small wares. The agency serves unbiased and national chain eating places, short-provider eateries, pizzerias, theaters, colleges, accommodations, healthcare facilities, and different establishments. Performance Food Group Company is centered in Richmond, Virginia. “
Several other equities studies analysts have also commented on PFGC. ValuEngine upgraded shares of Performance Food Group from a keep score to a purchase score in a document on Thursday, February seventh. Bank of America began insurance on shares of Performance Food Group in a document on Wednesday, April seventeenth. They issued a buy rating and a $45.00 charge goal for the business enterprise. Finally, Pivotal Research restated a keep rating and issued a $37.00 charge target on stocks of Performance Food Group in a document on Thursday, February 7th. Five analysts have rated the inventory with a keep score, and 8 have given a purchase rating to the agency. The business enterprise has a consensus score of Buy and a mean target price of $40.00.
Shares of PFGC opened at $40.Eleven on Friday. Performance Food Group has a 1-12 months low of $28.05 and a 1-yr excessive of $41.85. The stock has a market cap of $4.22 billion, a P/E ratio of 26.05, a P/E/G ratio of 1. 98 and a beta of 0.70. The organization has a debt-to-equity ratio of 0.95, a current ratio of 1.45 and a quick ratio of 0.75. Performance Food Group (NYSE: PFGC) final introduced its quarterly earnings information on Wednesday, May 8th. The food distribution agency stated $0.35 profits in keeping with percentage for the sector, lacking analysts’ consensus estimates of $0.37 by ($0.02).
Performance Food Group had a net margin of 0.91% and a return on equity of 14.91%. The organization had sales of $4.69 billion for the sector compared to the consensus estimate of $4.67 billion. During the identical zone inside the previous yr, the commercial enterprise earned $0.34 EPS. The employer’s quarterly sales became up 7.8% compared to the identical quarter’s ultimate 12 months. Research analysts forecast that Performance Food Group will put up 1.78 EPS for the cutting-edge monetary 12 months.
In other information, insider Craig Howard Hoskins offered 10,709 Performance Food Group stock stocks in a transaction that passed off on Monday, April 1st. The stocks have been bought at an average price of $39.86, for a total cost of $426,860.Seventy-four. Following the transaction, the insider now owns ninety-seven 529 shares of the enterprise’s stock, worth about $three 887,505.94. The sale becomes disclosed in prison submitting with the SEC, which may be accessed through this link.
Also, insider Patrick T. Hagerty sold 7,000 shares of Performance Food Group stock in a transaction on Monday, April eighth. The stock turned into offered at a median rate of $39.Seventy-one, for a complete transaction of $277,970.00. Following the crowning glory of the transaction, the insider now immediately owns 169,456 shares in the company, valued at about $6,729,097.Seventy-six. The disclosure for this sale may be found right here. In the last 90 days, insiders offered 25,609 stocks of company inventory valued at $1,026,605. Company insiders personal 3.Eighty% of the agency’s inventory.
Institutional buyers have currently changed their holdings of the employer. Nisa Investment Advisors LLC grew its function in shares of Performance Food Group through 75.Zero% within the 1st zone. Nisa Investment Advisors LLC now owns seven hundred stocks of the meals distribution organization’s inventory, really worth $28,000 after buying a further 300 shares over the last sector. Quantamental Technologies LLC purchased a brand new position in stocks of Performance Food Group in the 4th area, really worth approximately $29,000. Finally, Advisor Group Inc. grew its position in shares of Performance Food Group with the aid of 19.8% in the 4th sector.
Advisor Group Inc. Now owns 1,834 shares of the food distribution business enterprise’s stock well worth $59,000 after shopping for an additional 303 stocks over the last zone. Ladenburg Thalmann Financial Services Inc. Grew its position in stocks of Performance Food Group using 75.8% in the 1st zone. Ladenburg Thalmann Financial Services Inc. Now owns 1,828 shares of the meals distribution corporation’s stock, really worth $73,000 after shopping for an additional 788 stocks over the last zone. Finally, Oppenheimer Asset Management Inc. purchased a new stake in Performance Food Group at some point in the 4th sector, well worth approximately $78,000.95.07% of the inventory is presently owned using hedge budget and different institutional investors.
Performance Food Group Company Profile
Performance Food Group Company, thru its subsidiaries, markets and distributes meals and food-related merchandise in the United States. It operates in three working segments: Performance Foodservice, PFG Customized, and Vistar. The agency offers various frozen ingredients, inclusive of meats, absolutely organized appetizers and entrees, culmination, vegetables, and desserts; canned and dry foods; sparkling meats; dairy merchandise; beverage products; imported specialties; fresh produce; and sweet, snack, and different merchandise, as well as beef, seafood, shortenings and oils, baked items, salad dressings, teas and cocoas, pork, and others.