Performance Food Group (PFGC) Receives Coverage Optimism Score of 0.33

News headlines about Performance Food Group (NYSE:PFGC) have been trending positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Performance Food Group earned a news sentiment score of 0.33 on Accern’s scale. Accern also assigned news stories about the restaurant operator an impact score of 47.0883234202622 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern’s rankings:

Several research firms have weighed in on PFGC. Wells Fargo & Co upgraded shares of Performance Food Group from a “market perform” rating to an “outperform” rating in a report on Friday, November 3rd. BMO Capital Markets reiterated a “buy” rating and issued a $37.00 target price on shares of Performance Food Group in a report on Wednesday. BidaskClub upgraded shares of Performance Food Group from a “hold” rating to a “buy” rating in a report on Friday, November 3rd. Zacks Investment Research upgraded shares of Performance Food Group from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Tuesday, December 19th. Finally, Loop Capital upped their price objective on shares of Performance Food Group to $40.00 and gave the stock a “positive” rating in a report on Friday, February 2nd. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $33.44.

Performance Food Group (PFGC) opened at $30.75 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.55 and a debt-to-equity ratio of 1.42. Performance Food Group has a fifty-two week low of $22.30 and a fifty-two week high of $35.25. The company has a market cap of $3,234.42, a P/E ratio of 29.85, a PEG ratio of 1.08 and a beta of -0.12.

Performance Food Group (NYSE:PFGC) last issued its quarterly earnings data on Wednesday, February 7th. The restaurant operator reported $0.40 EPS for the quarter, topping the consensus estimate of $0.37 by $0.03. Performance Food Group had a net margin of 1.24% and a return on equity of 16.10%. The firm had revenue of $4.31 billion for the quarter, compared to analyst estimates of $4.35 billion. During the same period in the prior year, the business posted $0.29 EPS. The business’s revenue for the quarter was up 6.4% compared to the same quarter last year. research analysts anticipate that Performance Food Group will post 1.6 earnings per share for the current year.

In related news, Director William F. Dawson, Jr. sold 5,000,000 shares of the company’s stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $28.03, for a total transaction of $140,150,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director William F. Dawson, Jr. sold 6,272,914 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $29.68, for a total transaction of $186,180,087.52. The disclosure for this sale can be found here. Corporate insiders own 3.70% of the company’s stock.

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About Performance Food Group

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.

Insider Buying and Selling by Quarter for Performance Food Group (NYSE:PFGC)

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