Performance Food Group (NYSE:PFGC) Announces Quarterly Earnings Results

Performance Food Group (NYSE:PFGCGet Free Report) posted its quarterly earnings data on Wednesday. The food distribution company reported $1.16 EPS for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.06), Briefing.com reports. Performance Food Group had a net margin of 0.72% and a return on equity of 16.66%. The business had revenue of $15.42 billion during the quarter, compared to analyst estimates of $15.22 billion. During the same quarter in the prior year, the firm posted $1.15 earnings per share. The company’s revenue for the quarter was up 3.2% compared to the same quarter last year. Performance Food Group updated its Q2 2025 guidance to EPS.

Performance Food Group Stock Up 0.7 %

Performance Food Group stock opened at $85.96 on Friday. Performance Food Group has a fifty-two week low of $59.35 and a fifty-two week high of $89.00. The firm has a market capitalization of $13.40 billion, a price-to-earnings ratio of 31.72, a price-to-earnings-growth ratio of 0.88 and a beta of 1.44. The stock’s fifty day moving average is $78.82 and its two-hundred day moving average is $72.15. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.76 and a current ratio of 1.70.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on PFGC shares. Wells Fargo & Company increased their price objective on Performance Food Group from $83.00 to $88.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 9th. Barclays lifted their price objective 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. StockNews.com cut shares of Performance Food Group from a “buy” rating to a “hold” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft boosted their price target 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, Guggenheim lifted their price objective on Performance Food Group from $90.00 to $95.00 and gave the company a “buy” rating in a report on Thursday. Two equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $94.50.

Check Out Our Latest Research Report on Performance Food Group

Insider Transactions at Performance Food Group

In other news, insider Patrick T. Hagerty sold 8,000 shares of the stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $74.56, for a total value of $596,480.00. Following the sale, the insider now directly owns 162,987 shares in the company, valued at $12,152,310.72. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Patrick T. Hagerty sold 8,000 shares of the business’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $74.56, for a total value of $596,480.00. Following the completion of the transaction, the insider now directly owns 162,987 shares of the company’s stock, valued at $12,152,310.72. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider George L. Holm sold 63,500 shares of the 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 sale, 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 position. The disclosure for this sale can be found here. Insiders sold 100,500 shares of company stock valued at $7,426,075 in the last 90 days. 2.80% of the stock is currently owned by insiders.

About Performance Food Group

(Get Free Report)

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.

Further Reading

Earnings History for Performance Food Group (NYSE:PFGC)

Receive News & Ratings for Performance Food Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Performance Food Group and related companies with MarketBeat.com's FREE daily email newsletter.