News articles about Performance Food Group (NYSE:PFGC) have trended positive on Wednesday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Performance Food Group earned a media sentiment score of 0.39 on Accern’s scale. Accern also assigned news articles about the restaurant operator an impact score of 46.486981677722 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of PFGC stock opened at $31.25 on Wednesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.86 and a current ratio of 1.67. Performance Food Group has a 52-week low of $22.30 and a 52-week high of $35.25. The company has a market cap of $3,265.61, a PE ratio of 20.03, a price-to-earnings-growth ratio of 0.94 and a beta of 0.26.
Performance Food Group (NYSE:PFGC) last released its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.03. The company had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.35 billion. Performance Food Group had a net margin of 1.24% and a return on equity of 15.69%. Performance Food Group’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.29 EPS. sell-side analysts anticipate that Performance Food Group will post 1.6 earnings per share for the current fiscal year.
A number of equities analysts have recently weighed in on PFGC shares. TheStreet raised shares of Performance Food Group from a “c” rating to a “b-” rating in a research report on Friday, December 29th. Guggenheim reaffirmed a “buy” rating and issued a $39.00 price objective on shares of Performance Food Group in a research report on Sunday, January 28th. BMO Capital Markets reaffirmed a “buy” rating and issued a $33.00 price objective on shares of Performance Food Group in a research report on Wednesday, January 24th. Zacks Investment Research raised shares of Performance Food Group from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research report on Tuesday, December 19th. Finally, Loop Capital set a $35.00 price objective on shares of Performance Food Group and gave the company a “buy” rating in a research report on Friday, December 15th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Performance Food Group presently has a consensus rating of “Hold” and an average price target of $34.00.
In related news, insider Craig Howard Hoskins sold 12,533 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $30.49, for a total value of $382,131.17. Following the transaction, the insider now owns 149,744 shares in the company, valued at approximately $4,565,694.56. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 3.70% of the stock is owned by insiders.
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Performance Food Group Company Profile
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products. The Company operates through three segments: Performance Foodservice, PFG Customized and Vistar. The Performance Foodservice segment distributes a range of national brands, customer brands, and branded food and food-related products.
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