Performance Food Group (NYSE:PFGC) is set to release its earnings data before the market opens on Wednesday, February 7th. Analysts expect Performance Food Group to post earnings of $0.37 per share for the quarter. Performance Food Group has set its FY18 guidance at $1.40-1.46 EPS.
Performance Food Group (NYSE:PFGC) last issued its earnings results on Wednesday, November 8th. The restaurant operator reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The business had revenue of $4.37 billion during the quarter, compared to analyst estimates of $4.37 billion. Performance Food Group had a return on equity of 15.02% and a net margin of 0.62%. Performance Food Group’s revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.20 earnings per share. On average, analysts expect Performance Food Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Performance Food Group (NYSE PFGC) opened at $34.35 on Wednesday. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.55 and a quick ratio of 0.80. The company has a market capitalization of $3,590.00 and a price-to-earnings ratio of 33.35. Performance Food Group has a 12 month low of $21.70 and a 12 month high of $35.25.
A number of brokerages recently commented on PFGC. TheStreet upgraded Performance Food Group from a “c” rating to a “b-” rating in a research note on Friday, December 29th. Guggenheim reiterated a “buy” rating and set a $39.00 price objective on shares of Performance Food Group in a research note on Sunday. BMO Capital Markets reiterated a “buy” rating and set a $33.00 price objective on shares of Performance Food Group in a research note on Wednesday, January 24th. BidaskClub lowered Performance Food Group from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, Loop Capital set a $35.00 price objective on Performance Food Group and gave the stock a “buy” rating in a research note on Friday, December 15th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $32.00.
In other news, Director William F. Dawson, Jr. sold 5,000,000 shares of the stock in a transaction on Friday, November 24th. The stock was sold at an average price of $28.03, for a total transaction of $140,150,000.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Craig Howard Hoskins sold 4,450 shares of the stock in a transaction on Friday, November 10th. The stock was sold at an average price of $27.81, for a total value of $123,754.50. Following the sale, the insider now owns 175,993 shares in the company, valued at approximately $4,894,365.33. The disclosure for this sale can be found here. Insiders have sold 11,277,364 shares of company stock valued at $326,453,842 over the last quarter. Corporate insiders own 3.70% of the company’s stock.
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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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