Performance Food Group (NYSE:PFGC) Announces Earnings Results, Misses Estimates By $0.06 EPS

Performance Food Group (NYSE:PFGCGet Free Report) posted its quarterly earnings results on Wednesday. The food distribution company reported $1.16 EPS for the quarter, missing the consensus estimate of $1.22 by ($0.06), Briefing.com reports. Performance Food Group had a net margin of 0.72% and a return on equity of 16.66%. The firm had revenue of $15.42 billion during the quarter, compared to analyst estimates of $15.22 billion. During the same period last year, the company earned $1.15 EPS. The company’s revenue was up 3.2% on a year-over-year basis. Performance Food Group updated its Q2 2025 guidance to EPS.

Performance Food Group Stock Performance

Shares of PFGC stock traded up $0.64 during trading hours on Friday, hitting $85.97. 1,454,003 shares of the company were exchanged, compared to its average volume of 1,028,922. Performance Food Group has a 52-week low of $59.35 and a 52-week high of $89.00. The company has a current ratio of 1.70, a quick ratio of 0.76 and a debt-to-equity ratio of 1.12. The firm has a fifty day simple moving average of $78.82 and a 200 day simple moving average of $72.15. The stock has a market capitalization of $13.40 billion, a price-to-earnings ratio of 31.72, a P/E/G ratio of 0.88 and a beta of 1.44.

Insider Activity at Performance Food Group

In other news, Director Kimberly Grant sold 4,000 shares of Performance Food Group stock in a transaction on 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 approximately $749,644.24. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Patrick T. Hagerty sold 8,000 shares of Performance Food Group stock in a transaction on Friday, August 30th. The shares were sold at an average price of $74.56, for a total value of $596,480.00. Following the transaction, the insider now owns 162,987 shares in the company, valued at $12,152,310.72. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kimberly Grant sold 4,000 shares of the company’s stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $73.61, for a total transaction of $294,440.00. Following the sale, the director now owns 10,184 shares of the company’s stock, valued at $749,644.24. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 100,500 shares of company stock worth $7,426,075. Company insiders own 2.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on PFGC. Morgan Stanley reissued an “equal weight” rating and issued a $92.00 price objective on shares of Performance Food Group in a research note on Monday, October 28th. Truist Financial upped their price target on Performance Food Group from $88.00 to $101.00 and gave the company a “buy” rating in a research note on Friday. Guggenheim lifted their target price on Performance Food Group from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday. Barclays raised their target price on shares of Performance Food Group from $88.00 to $98.00 and gave the stock an “overweight” rating in a report on Tuesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Performance Food Group from $93.00 to $94.00 and gave the stock a “buy” rating in a research report on Thursday, August 15th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Performance Food Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.50.

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About Performance Food Group

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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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