Performance Food Group (NYSE:PFGC – Get Free Report) will be announcing its earnings results before the market opens on Wednesday, August 14th. Analysts expect the company to announce earnings of $1.35 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Performance Food Group Stock Performance
PFGC opened at $65.62 on Tuesday. Performance Food Group has a 52-week low of $52.92 and a 52-week high of $78.54. The company has a quick ratio of 0.77, a current ratio of 1.64 and a debt-to-equity ratio of 0.96. The company has a market cap of $10.21 billion, a P/E ratio of 24.49, a price-to-earnings-growth ratio of 0.80 and a beta of 1.42. The firm’s 50-day moving average price is $66.41 and its 200-day moving average price is $70.36.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on PFGC shares. StockNews.com downgraded shares of Performance Food Group from a “buy” rating to a “hold” rating in a report on Monday. Barclays lowered their price objective on Performance Food Group from $86.00 to $84.00 and set an “overweight” rating on the stock in a research report on Thursday, May 9th. Finally, Morgan Stanley decreased their target price on Performance Food Group from $80.00 to $76.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 16th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Performance Food Group currently has an average rating of “Moderate Buy” and a consensus target price of $80.57.
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 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.
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