Performance Food Group (PFGC) Projected to Post Earnings on Wednesday

Performance Food Group (NYSE:PFGC) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of $1.04 per share and revenue of $15.46 billion for the quarter. Performance Food Group has set its Q2 2025 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Performance Food Group (NYSE:PFGC) last posted its earnings results on Wednesday, November 6th. The food distribution company reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.06). The firm had revenue of $15.42 billion for the quarter, compared to analysts’ expectations of $15.22 billion. Performance Food Group had a return on equity of 16.66% and a net margin of 0.72%. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.15 earnings per share. On average, analysts expect Performance Food Group to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Performance Food Group Trading Down 0.7 %

PFGC opened at $89.72 on Tuesday. Performance Food Group has a one year low of $61.60 and a one year high of $92.44. The company has a debt-to-equity ratio of 1.12, a current ratio of 1.70 and a quick ratio of 0.73. The business has a 50 day simple moving average of $87.25 and a two-hundred day simple moving average of $80.09. The firm has a market capitalization of $13.98 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 0.97 and a beta of 1.44.

Insiders Place Their Bets

In other Performance Food Group news, insider Craig Howard Hoskins sold 20,496 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $84.60, for a total value of $1,733,961.60. Following the completion of the sale, the insider now owns 172,372 shares of the company’s stock, valued at $14,582,671.20. This trade represents a 10.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 2.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on PFGC shares. BMO Capital Markets lifted their price target on Performance Food Group from $87.00 to $95.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Wells Fargo & Company boosted their target price on shares of Performance Food Group from $83.00 to $88.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. StockNews.com lowered shares of Performance Food Group from a “buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Piper Sandler boosted their price objective on shares of Performance Food Group from $79.00 to $92.00 and gave the stock an “overweight” rating in a research note on Monday, November 18th. Finally, Truist Financial raised their target price on shares of Performance Food Group from $88.00 to $101.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Performance Food Group has an average rating of “Moderate Buy” and a consensus price target of $94.67.

Performance Food Group Company Profile

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products.