Performance Food Group Company (PFGC) – Don’t Believe the Hype: Check The Facts

Performance Food Group Company (NYSE: PFGC) is 4.95% higher on its value in year-to-date trading and has touched a low of $52.32 and a high of $74.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PFGC stock was last observed hovering at around $72.50 in the last trading session, with the day’s gains setting it 0.07%.

Currently trading at $72.57, the stock is 1.23% and 4.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 0.10% at the moment leaves the stock 17.68% off its SMA200. PFGC registered 17.45% gain for a year compared to 6-month gain of 23.21%. The firm has a 50-day simple moving average (SMA 50) of $0.28 and a 200-day simple moving average (SMA200) of $12.11.

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The stock witnessed a 2.72% loss in the last 1 month and extending the period to 3 months gives it a 20.01%, and is -1.56% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.46% over the week and 1.90% over the month.

Performance Food Group Company (PFGC) has around 35000 employees, a market worth around $11.29B and $57.87B in sales. Current P/E ratio is 26.44 and Fwd P/E is 14.25. Profit margin for the company is 0.74%. Distance from 52-week low is 38.70% and -2.90% from its 52-week high. The company has generated returns on investments over the last 12 months (4.95%).

Performance Food Group Company quarterly earnings per share for the current quarter are estimated at $0.9 with sales reaching $14.31B over the same period.The EPS is expected to grow by 10.69% this year, but quarterly earnings will post 3.30% year-over-year.

511 institutions hold shares in Performance Food Group Company (PFGC), with institutional investors hold 100.73% of the company’s shares. The shares outstanding are 154.50M, and float is at 151.06M with Short Float at 1.28%. Institutions hold 98.54% of the Float.

The top institutional shareholder in the company is Capital World Investors with over 21.28 million shares valued at $1.28 billion. The investor’s holdings represent 13.62% of the PFGC Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 15.82 million shares valued at $953.12 million to account for 10.13% of the shares outstanding. The other top investors are Blackrock Inc. which holds 13.41 million shares representing 8.59% and valued at over $808.11 million, while FMR, LLC holds 7.90% of the shares totaling 12.34 million with a market value of $743.54 million.

Performance Food Group Company (PFGC) Insider Activity

A total of 51 insider transactions have happened at Performance Food Group Company (PFGC) in the last six months, with sales accounting for 36 and purchases happening 15 times. The most recent transaction is an insider sale by SINGER DAVID V, the company’s Director. SEC filings show that SINGER DAVID V sold 955 shares of the company’s common stock on Nov 20 at a price of $62.76 per share for a total of $59936.0. Following the sale, the insider now owns 9417.0 shares.

Performance Food Group Company disclosed in a document filed with the SEC on Oct 30 that Hagerty Patrick T. () sold a total of 2,000 shares of the company’s common stock. The trade occurred on Oct 30 and was made at $55.62 per share for $0.11 million. Following the transaction, the insider now directly holds 0.16 million shares of the PFGC stock.

Still, SEC filings show that on Sep 29, Hagerty Patrick T. () disposed off 2,000 shares at an average price of $59.23 for $0.12 million. The insider now directly holds 157,035 shares of Performance Food Group Company (PFGC).

Performance Food Group Company (PFGC): Who are the competitors?

One of the company’s main competitors (and peers) include Spar Group Ltd. (SGPPF) that is trading -27.41% down over the past 12 months.Performance Food Group Co. (PFGC) lies in the list of competitors of the Performance Food Group Company and is 23.54% higher over the same period from PFGCSpartanNash Co. (SPTN) is -28.85% down on the 1-year trading charts.