Pinnacle Foods (PF) Given Daily News Impact Rating of 0.19
News stories about Pinnacle Foods (NYSE:PF) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pinnacle Foods earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.1812874404675 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several research analysts recently commented on PF shares. Buckingham Research reduced their target price on Pinnacle Foods from $68.00 to $62.00 and set a “buy” rating for the company in a research report on Friday, October 27th. Zacks Investment Research raised Pinnacle Foods from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research report on Tuesday, October 17th. UBS AG reaffirmed a “buy” rating and issued a $65.00 target price on shares of Pinnacle Foods in a research report on Monday, August 28th. BidaskClub raised Pinnacle Foods from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. Finally, Credit Suisse Group reduced their target price on Pinnacle Foods from $64.00 to $60.00 and set an “outperform” rating for the company in a research report on Friday, October 27th. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Pinnacle Foods has an average rating of “Buy” and an average price target of $64.25.
Shares of Pinnacle Foods (PF) traded up $0.36 during midday trading on Monday, hitting $56.11. The company’s stock had a trading volume of 1,225,827 shares, compared to its average volume of 1,192,959. The company has a market capitalization of $6,640.00, a PE ratio of 23.23, a PEG ratio of 2.73 and a beta of 0.31. Pinnacle Foods has a 12 month low of $48.38 and a 12 month high of $66.67. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.81 and a current ratio of 1.80.
Pinnacle Foods (NYSE:PF) last issued its quarterly earnings data on Thursday, October 26th. The company reported $0.58 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.58. The company had revenue of $749.80 million during the quarter, compared to analysts’ expectations of $753.10 million. Pinnacle Foods had a return on equity of 14.63% and a net margin of 5.65%. The business’s revenue was down 1.2% on a year-over-year basis. During the same period last year, the business earned $0.53 earnings per share. equities analysts forecast that Pinnacle Foods will post 2.55 EPS for the current year.
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About Pinnacle Foods
Pinnacle Foods Inc is a manufacturer, marketer and distributor of branded food products in North America. The Company operates through four segments: Frozen segment, the Grocery segment, the Boulder segment and the Specialty segment. Its products are sold through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centers, convenience stores, dollar stores, drug stores and warehouse clubs in the United States and Canada, as well as in military channels and foodservice locations.
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