Performance Food Group (PFGC) to Release Earnings on Wednesday

Performance Food Group (NYSE:PFGC) is scheduled to be posting its quarterly earnings results before the market opens on Wednesday, November 6th. Analysts expect Performance Food Group to post earnings of $1.22 per share for the quarter. Performance Food Group has set its FY 2025 guidance at EPS and its Q1 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 released its quarterly earnings data on Wednesday, August 14th. The food distribution company reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.08. Performance Food Group had a net margin of 0.75% and a return on equity of 17.03%. The business had revenue of $15.20 billion during the quarter, compared to analyst estimates of $15.25 billion. During the same period in the previous year, the business earned $1.14 EPS. Performance Food Group’s revenue was up 2.3% compared to the same quarter last year. 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 0.5 %

Shares of PFGC stock opened at $80.86 on Monday. Performance Food Group has a 1 year low of $58.79 and a 1 year high of $83.70. The company’s fifty day simple moving average is $77.86 and its two-hundred day simple moving average is $71.65. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.64 and a quick ratio of 0.76. The stock has a market capitalization of $12.60 billion, a price-to-earnings ratio of 28.98, a PEG ratio of 0.81 and a beta of 1.44.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on PFGC shares. Jefferies Financial Group increased their price objective on Performance Food Group from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th. Truist Financial raised their price objective on shares of Performance Food Group from $86.00 to $88.00 and gave the company a “buy” rating in a research report on Thursday, August 15th. BMO Capital Markets boosted their price objective on shares of Performance Food Group from $80.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, August 15th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Performance Food Group from $93.00 to $94.00 and gave the stock a “buy” rating in a research note on Thursday, August 15th. Finally, Barclays boosted their price target on shares of Performance Food Group from $88.00 to $98.00 and gave the company an “overweight” rating in a research report on Tuesday, October 22nd. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $90.88.

Insider Activity

In related news, insider George L. Holm sold 63,500 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $73.53, for a total value of $4,669,155.00. Following the completion of the transaction, the insider now directly owns 531,556 shares in the company, valued at approximately $39,085,312.68. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider George L. Holm sold 63,500 shares of the firm’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $73.53, for a total transaction of $4,669,155.00. Following the transaction, the insider now directly owns 531,556 shares of the company’s stock, valued at approximately $39,085,312.68. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Kimberly Grant sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $73.61, for a total value of $294,440.00. Following the completion of the sale, the director now directly owns 10,184 shares of the company’s stock, valued at approximately $749,644.24. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 100,500 shares of company stock worth $7,426,075. 2.80% of the stock is currently owned by corporate insiders.

About Performance Food Group

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.