Performance Food Group Company (NYSE:PFGC) Receives $111.00 Average Price Target from Brokerages

Performance Food Group Company (NYSE:PFGC) has earned an average rating of “Moderate Buy” from the thirteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $112.4545.

A number of equities research analysts recently issued reports on the company. UBS Group raised their price target on Performance Food Group from $110.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. Wells Fargo & Company lifted their target price on Performance Food Group from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Wednesday, August 13th. Wall Street Zen lowered Performance Food Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Barclays decreased their target price on Performance Food Group from $120.00 to $118.00 and set an “overweight” rating for the company in a research report on Wednesday. Finally, Guggenheim reaffirmed a “buy” rating and set a $115.00 target price on shares of Performance Food Group in a research report on Tuesday, August 26th.

Performance Food Group Price Performance

Shares of PFGC stock opened at $101.23 on Thursday. Performance Food Group has a 52-week low of $68.39 and a 52-week high of $109.05. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.72 and a current ratio of 1.58. The firm has a market capitalization of $15.87 billion, a P/E ratio of 46.65, a P/E/G ratio of 1.14 and a beta of 1.09. The stock has a 50 day moving average price of $102.73 and a 200 day moving average price of $92.90.

Performance Food Group (NYSE:PFGC) last issued its quarterly earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.10. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The firm had revenue of $16.94 billion during the quarter, compared to analyst estimates of $16.85 billion. During the same period last year, the company earned $1.45 EPS. Performance Food Group’s quarterly revenue was up 11.2% compared to the same quarter last year. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts predict that Performance Food Group will post 4.58 earnings per share for the current year.

Insider Transactions at Performance Food Group

In other Performance Food Group news, insider Hugh Patrick Hatcher sold 5,000 shares of Performance Food Group stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.07, for a total transaction of $525,350.00. Following the completion of the sale, the insider directly owned 47,655 shares of the company’s stock, valued at $5,007,110.85. The trade was a 9.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider A Brent King sold 6,334 shares of Performance Food Group stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $105.10, for a total value of $665,703.40. Following the sale, the insider directly owned 62,852 shares of the company’s stock, valued at approximately $6,605,745.20. This trade represents a 9.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 42,768 shares of company stock valued at $4,373,921. Company insiders own 4.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Longboard Asset Management LP bought a new position in shares of Performance Food Group in the 3rd quarter worth $213,000. Braun Stacey Associates Inc. bought a new position in shares of Performance Food Group in the 3rd quarter worth $13,055,000. Mather Group LLC. bought a new position in shares of Performance Food Group in the 3rd quarter worth $55,000. VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in shares of Performance Food Group by 21.0% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 9,209 shares of the food distribution company’s stock worth $958,000 after acquiring an additional 1,600 shares in the last quarter. Finally, Blue Trust Inc. raised its position in shares of Performance Food Group by 38.3% in the 3rd quarter. Blue Trust Inc. now owns 914 shares of the food distribution company’s stock worth $95,000 after acquiring an additional 253 shares in the last quarter. 96.87% of the stock is owned by institutional investors.

About Performance Food Group

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.