Performance Food Group (PFGC) Set to Announce Quarterly Earnings on Wednesday

Performance Food Group (NYSE:PFGC) will post its quarterly earnings results before the market opens on Wednesday, August 14th. Analysts expect Performance Food Group to post earnings of $1.35 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Performance Food Group Trading Up 0.4 %

Shares of Performance Food Group stock 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 firm has a market capitalization of $10.21 billion, a PE ratio of 24.49, a price-to-earnings-growth ratio of 0.80 and a beta of 1.42. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.64 and a quick ratio of 0.77. The company’s fifty day moving average price is $66.41 and its two-hundred day moving average price is $70.36.

Analysts Set New Price Targets

A number of analysts recently weighed in on PFGC shares. Morgan Stanley lowered their target price on shares of Performance Food Group from $80.00 to $76.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 16th. 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 note on Thursday, May 9th. Finally, StockNews.com downgraded Performance Food Group from a “buy” rating to a “hold” rating in a research report on Monday. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $80.57.

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.