Performance Food Group (PFGC) Scheduled to Post Earnings on Wednesday

Performance Food Group (NYSE:PFGC) will be posting its quarterly earnings results before the market opens on Wednesday, August 14th. Analysts expect Performance Food Group to post earnings of $0.63 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Shares of Performance Food Group stock opened at $43.97 on Tuesday. Performance Food Group has a 12-month low of $28.05 and a 12-month high of $44.61. The stock has a market capitalization of $4.61 billion, a P/E ratio of 28.55, a price-to-earnings-growth ratio of 1.89 and a beta of 0.66. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.75 and a current ratio of 1.45. The stock has a 50-day moving average price of $42.22.

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Co increased their price target on shares of Performance Food Group from $45.00 to $50.00 and gave the stock an “outperform” rating in a report on Tuesday, July 30th. Zacks Investment Research downgraded shares of Performance Food Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 16th. ValuEngine downgraded shares of Performance Food Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Bank of America started coverage on shares of Performance Food Group in a research note on Wednesday, April 17th. They issued a “buy” rating and a $45.00 target price on the stock. Finally, Loop Capital set a $48.00 target price on shares of Performance Food Group and gave the company a “buy” rating in a research note on Friday, July 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $41.90.

In related news, insider Patrick T. Hagerty sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $38.99, for a total value of $272,930.00. Following the sale, the insider now directly owns 155,006 shares of the company’s stock, valued at $6,043,683.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 21,000 shares of company stock worth $861,280 over the last ninety days. 3.80% of the stock is currently owned by 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 in three operating segments: Performance Foodservice, PFG Customized, and Vistar. The company offers a range of frozen foods, including meats, fully prepared appetizers and entrees, fruits, vegetables, and desserts; canned and dry foods; fresh meats; dairy products; beverage products; imported specialties; fresh produce; and candy, snack, and other products, as well as beef, seafood, shortenings and oils, baked goods, salad dressings, teas and cocoas, pork, and others.

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Earnings History for Performance Food Group (NYSE:PFGC)

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