Performance Food GroupPFGC
PFGC
About: Performance Food Group Co , markets and distributes national and company-branded food and food-related products. The company also specializes in distributing candy, snacks, beverages, cigarettes, other tobacco products, health and beauty care products and other items to vending distributors, box retailers, theaters, convenience stores, drug stores, grocery stores, travel providers, and hospitality providers. The company has three reportable segments: Foodservice, Vistar, and Convenience.
Employees: 37,000
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
73% more call options, than puts
Call options by funds: $10.8M | Put options by funds: $6.25M
43% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 10 (+3) [Q3]
14% more capital invested
Capital invested by funds: $10.2B [Q2] → $11.5B (+$1.39B) [Q3]
4.04% less ownership
Funds ownership: 98.68% [Q2] → 94.64% (-4.04%) [Q3]
9% less funds holding
Funds holding: 435 [Q2] → 398 (-37) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 170
51% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 73
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$88
4%
upside
Avg. target
$95
13%
upside
High target
$102
21%
upside
9 analyst ratings
8 positive
89%
1 neutral
11%
0 negative
0%
Piper Sandler Brian Mullan 64% 1-year accuracy 7 / 11 met price target | 9%upside $92 | Overweight Maintained | 18 Nov 2024 |
Truist Securities Jake Bartlett 52% 1-year accuracy 36 / 69 met price target | 20%upside $101 | Buy Maintained | 8 Nov 2024 |
Guggenheim | 13%upside $95 | Buy Maintained | 7 Nov 2024 |
BMO Capital Kelly Bania 75% 1-year accuracy 18 / 24 met price target | 13%upside $95 | Outperform Maintained | 7 Nov 2024 |
UBS Mark Carden 80% 1-year accuracy 8 / 10 met price target | 21%upside $102 | Buy Maintained | 7 Nov 2024 |
Financial journalist opinion
Neutral
Business Wire
5 days ago
Performance Food Group Company Announces Executive Leadership Team Changes
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) is pleased to announce its board of directors has approved two changes to PFG's leadership team. Effective Jan. 1, 2025, Scott McPherson has been promoted to President & Chief Operating Officer (COO), while Craig Hoskins will transition into the newly established position of Executive Vice President (EVP) & Chief Development Officer. In his new role, McPherson will continue overseeing PFG's three business.
Neutral
PRNewsWire
4 weeks ago
Performance Food Group Selects Trimble as Premier Fleet Management Provider
Performance Food Group migrates 100 percent of its fleet management business to Trimble Instinct, doubling Trimble-serviced trucks WESTMINSTER, Colo. , Nov. 21, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today that Performance Food Group Company (PFG) (NYSE:PFGC), one of North America's largest food and foodservice distribution companies, has selected Trimble, as its premier fleet management provider — servicing 100 percent of PFG's fleet business and doubling the number of trucks managed with Trimble in-cab technology from 4,000 to more than 8,000.
Neutral
Business Wire
1 month ago
Performance Food Group's FarmSmart® Brand Launches Innovative Beef & Jackfruit Burger in Collaboration with The Jackfruit Company to Offer a Delicious, Healthier, and Sustainable Burger Option
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) today announced the launch of its latest product under its FarmSmart® brand – the Beef & Jackfruit Burger. This innovative blend combines the richness of premium beef with the clean, meat-like qualities of jackfruit, supplied by The Jackfruit Company, the leading plant-based meat alternative brand. The new product offers consumers a delicious way to enjoy the taste of meat while improving nutrition and reducin.
Neutral
Seeking Alpha
1 month ago
Performance Food Group Company (PFGC) Q1 2025 Earnings Call Transcript
Performance Food Group Company (PFGC) Q1 2025 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Performance Food (PFGC) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Performance Food (PFGC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Negative
Zacks Investment Research
1 month ago
Performance Food Group (PFGC) Lags Q1 Earnings Estimates
Performance Food Group (PFGC) came out with quarterly earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.15 per share a year ago.
Neutral
Business Wire
1 month ago
Performance Food Group Company Reports First-Quarter Fiscal 2025 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company Reports First-Quarter Fiscal 2025 Results.
Neutral
Zacks Investment Research
1 month ago
Performance Food Group (PFGC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Performance Food (PFGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 month ago
Performance Food Group Company to Host Webcast of First-Quarter Fiscal 2025 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to Host Webcast of First-Quarter Fiscal 2025 Results.
Positive
Zacks Investment Research
2 months ago
3 Reasons Why Growth Investors Shouldn't Overlook Performance Food (PFGC)
Performance Food (PFGC) could produce exceptional returns because of its solid growth attributes.
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