Performance Food Group (PFGC) Given Media Impact Rating of 0.22
Media headlines about Performance Food Group (NYSE:PFGC) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Performance Food Group earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave media stories about the restaurant operator an impact score of 46.0741882825909 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Performance Food Group Co. :PFGC-US: Earnings Analysis: 2017 By the Numbers : August 28, 2017 (finance.yahoo.com)
- Performance Food Group Company (PFGC) Rating Increased to Buy at BidaskClub (americanbankingnews.com)
- Performance Food Group Co (PFGC) Files 10-K for the Fiscal Year Ended on June … (nasdaq.com)
- Performance Food Group Company (PFGC) Insider James D. Hope Purchases 3,575 Shares (americanbankingnews.com)
- Teamsters Local 630 in Los Angeles, CA go on Strike at Vistar, a Division of Performance Food Group (PFGC) (streetinsider.com)
Several research analysts have weighed in on PFGC shares. Zacks Investment Research cut Performance Food Group from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Loop Capital started coverage on Performance Food Group in a research report on Monday, May 15th. They set a “buy” rating and a $35.00 price objective on the stock. BidaskClub cut Performance Food Group from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd. BMO Capital Markets reiterated a “buy” rating and set a $28.00 price objective on shares of Performance Food Group in a research report on Thursday, May 4th. Finally, Guggenheim reiterated a “buy” rating and set a $26.80 price objective on shares of Performance Food Group in a research report on Tuesday, June 27th. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $28.31.
Performance Food Group (PFGC) opened at 27.15 on Wednesday. Performance Food Group has a 12 month low of $19.95 and a 12 month high of $29.25. The company has a market cap of $2.83 billion, a PE ratio of 29.19 and a beta of -0.31. The company has a 50 day moving average price of $27.75 and a 200-day moving average price of $25.95.
Performance Food Group (NYSE:PFGC) last announced its quarterly earnings data on Wednesday, August 16th. The restaurant operator reported $0.48 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by $0.02. Performance Food Group had a net margin of 0.57% and a return on equity of 15.05%. The business had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.46 billion. During the same quarter in the previous year, the firm earned $0.38 earnings per share. Performance Food Group’s revenue was up 1.3% on a year-over-year basis. Equities analysts predict that Performance Food Group will post $1.43 earnings per share for the current fiscal year.
In other Performance Food Group news, insider James D. Hope acquired 3,575 shares of the stock in a transaction dated Friday, August 25th. The shares were acquired at an average cost of $26.99 per share, for a total transaction of $96,489.25. Following the completion of the transaction, the insider now directly owns 65,480 shares of the company’s stock, valued at $1,767,305.20. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.50% of the stock is owned by insiders.
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.
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