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

Performance Food Group (NYSE:PFGCGet Free Report) posted its quarterly earnings results on Wednesday. The food distribution company reported $1.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.05), Briefing.com reports. The firm had revenue of $15.42 billion for the quarter, compared to the consensus estimate of $15.22 billion. Performance Food Group had a return on equity of 17.03% and a net margin of 0.75%. Performance Food Group’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.15 EPS. Performance Food Group updated its Q2 2025 guidance to EPS.

Performance Food Group Stock Down 0.8 %

Shares of Performance Food Group stock traded down $0.73 during trading on Thursday, reaching $86.89. The company’s stock had a trading volume of 543,485 shares, compared to its average volume of 1,023,423. Performance Food Group has a 1-year low of $59.35 and a 1-year high of $89.00. The company has a 50-day simple moving average of $78.39 and a two-hundred day simple moving average of $71.94. The company has a quick ratio of 0.76, a current ratio of 1.64 and a debt-to-equity ratio of 0.95. The company has a market cap of $13.54 billion, a price-to-earnings ratio of 31.21, a P/E/G ratio of 0.81 and a beta of 1.44.

Insider Activity at Performance Food Group

In related news, insider George L. Holm sold 63,500 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $39,085,312.68. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, Director Kimberly Grant sold 4,000 shares of the firm’s stock in a transaction dated 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 transaction, the director now directly owns 10,184 shares in the company, valued at $749,644.24. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider George L. Holm sold 63,500 shares of the company’s stock in a transaction that occurred 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 sale, the insider now owns 531,556 shares in the company, valued at approximately $39,085,312.68. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 100,500 shares of company stock valued at $7,426,075 in the last ninety days. Corporate insiders own 2.80% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on PFGC shares. Wells Fargo & Company increased their target price on shares of Performance Food Group from $83.00 to $88.00 and gave the stock an “overweight” rating in a report on Wednesday, October 9th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Performance Food Group from $93.00 to $94.00 and gave the company a “buy” rating in a report on Thursday, August 15th. Barclays upped their target price on Performance Food Group from $88.00 to $98.00 and gave the stock an “overweight” rating in a report on Tuesday, October 22nd. Morgan Stanley reaffirmed an “equal weight” rating and set a $92.00 target price on shares of Performance Food Group in a research report on Monday, October 28th. Finally, BMO Capital Markets upped their price objective on Performance Food Group from $87.00 to $95.00 and gave the stock an “outperform” rating in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $93.00.

Read Our Latest Research Report on PFGC

Performance Food Group Company Profile

(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.

See Also

Earnings History for Performance Food Group (NYSE:PFGC)

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