News stories about Performance Food Group (NYSE:PFGC) have trended positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Performance Food Group earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave media headlines about the restaurant operator an impact score of 48.7692164339101 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Several brokerages have issued reports on PFGC. TheStreet raised Performance Food Group from a “c” rating to a “b-” rating in a report on Friday, December 29th. Zacks Investment Research raised Performance Food Group from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Tuesday, December 19th. Loop Capital set a $35.00 target price on shares of Performance Food Group and gave the stock a “buy” rating in a research note on Friday, December 15th. Wells Fargo & Co upgraded shares of Performance Food Group from a “market perform” rating to an “outperform” rating in a research note on Friday, November 3rd. Finally, BidaskClub upgraded shares of Performance Food Group from a “hold” rating to a “buy” rating in a research note on Friday, November 3rd. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $31.25.

Shares of Performance Food Group (NYSE:PFGC) traded up $0.25 on Tuesday, hitting $35.00. 643,117 shares of the stock traded hands, compared to its average volume of 557,880. Performance Food Group has a twelve month low of $21.70 and a twelve month high of $35.10. The firm has a market capitalization of $3,650.00 and a P/E ratio of 33.98. The company has a quick ratio of 0.80, a current ratio of 1.55 and a debt-to-equity ratio of 1.42.

Performance Food Group (NYSE:PFGC) last announced its earnings results on Wednesday, November 8th. The restaurant operator reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.02. Performance Food Group had a net margin of 0.62% and a return on equity of 15.02%. The business had revenue of $4.37 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the prior year, the firm earned $0.20 earnings per share. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. sell-side analysts forecast that Performance Food Group will post 1.63 earnings per share for the current fiscal year.

In related news, Director William F. Dawson, Jr. sold 5,000,000 shares of the firm’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $28.03, for a total value of $140,150,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Craig Howard Hoskins sold 4,450 shares of the firm’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $27.81, for a total transaction of $123,754.50. Following the completion of the sale, the insider now owns 175,993 shares of the company’s stock, valued at approximately $4,894,365.33. The disclosure for this sale can be found here. Insiders have sold 11,277,364 shares of company stock valued at $326,453,842 in the last quarter. Insiders own 3.70% of the company’s stock.

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Performance Food Group Company Profile

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products. The Company operates through three segments: Performance Foodservice, PFG Customized and Vistar. The Performance Foodservice segment distributes a range of national brands, customer brands, and branded food and food-related products.

Insider Buying and Selling by Quarter for Performance Food Group (NYSE:PFGC)

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