Performance Food Group (NYSE:PFGC) Issues Earnings Results

Performance Food Group (NYSE:PFGC) issued 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 return on equity of 16.66% and a net margin of 0.72%. The company had revenue of $15.42 billion for the quarter, compared to the consensus estimate of $15.22 billion. During the same period in the prior year, the company earned $1.15 EPS. The firm’s revenue was up 3.2% compared to the same quarter last year. Performance Food Group updated its Q2 2025 guidance to EPS.

Performance Food Group Trading Up 0.8 %

Shares of NYSE:PFGC traded up $0.64 during mid-day trading on Friday, reaching $85.97. The stock had a trading volume of 1,454,003 shares, compared to its average volume of 1,028,922. The firm has a market cap of $13.40 billion, a PE ratio of 31.72, a price-to-earnings-growth ratio of 0.88 and a beta of 1.44. The firm has a 50 day simple moving average of $78.82 and a two-hundred day simple moving average of $72.15. The company has a current ratio of 1.70, a quick ratio of 0.76 and a debt-to-equity ratio of 1.12. Performance Food Group has a twelve month low of $59.35 and a twelve month high of $89.00.

Insider Activity at Performance Food Group

In other Performance Food Group news, insider George L. Holm sold 63,500 shares of the firm’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 transaction 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. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Performance Food Group news, insider Scott E. Mcpherson sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $74.64, for a total transaction of $1,866,000.00. Following the sale, the insider now directly owns 149,863 shares in the company, valued at approximately $11,185,774.32. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider George L. Holm sold 63,500 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $73.53, for a total transaction of $4,669,155.00. Following the sale, the insider now owns 531,556 shares in the company, valued at $39,085,312.68. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 100,500 shares of company stock worth $7,426,075 in the last ninety days. Company insiders own 2.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PFGC. Truist Financial increased their price objective on shares of Performance Food Group from $88.00 to $101.00 and gave the stock a “buy” rating in a report on Friday. Jefferies Financial Group raised their target price on shares of Performance Food Group from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. StockNews.com lowered shares of Performance Food Group from a “buy” rating to a “hold” rating in a research note on Thursday. Wells Fargo & Company raised their target price on shares of Performance Food Group from $83.00 to $88.00 and gave the company an “overweight” rating in a research note on Wednesday, October 9th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Performance Food Group from $93.00 to $94.00 and gave the company a “buy” rating in a research note on Thursday, August 15th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.50.

Performance Food Group Company Profile

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.