How did Performance Food Group Company (PFGC) surprise investors with its report?

A share price of Performance Food Group Company [PFGC] is currently trading at $66.40, up 2.90%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PFGC shares have gain 7.18% over the last week, with a monthly amount drifted -2.01%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Deutsche Bank started tracking the stock with Buy rating on October 19, 2023, and set its price target to $80. On June 20, 2023, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $66 on the stock. Stephens started tracking the stock assigning a Overweight rating and suggested a price target of $60 on September 23, 2022. Berenberg initiated its recommendation with a Buy and recommended $71 as its price target on May 18, 2022. Deutsche Bank started tracking with a Buy rating for this stock on March 18, 2022, and assigned it a price target of $62. In a note dated March 11, 2022, CL King initiated an Buy rating and provided a target price of $60 on this stock.

Performance Food Group Company experienced fluctuations in its stock price throughout the past year between $52.92 and $78.54. Currently, Wall Street analysts expect the stock to reach $68.67 within the next 12 months. Performance Food Group Company [NYSE: PFGC] shares were valued at $66.40 at the most recent close of the market. An investor can expect a potential return of 3.42% based on the average PFGC price forecast.

Analyzing the PFGC fundamentals

Trailing Twelve Months sales for Performance Food Group Company [NYSE:PFGC] were 57.96B which represents 0.63% growth. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.11 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.87.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 65.15 points at the first support level, and at 63.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.10, and for the 2nd resistance point, it is at 67.80.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Performance Food Group Company [NYSE:PFGC] is 1.64. As well, the Quick Ratio is 0.77, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 0.18, the price to book ratio is 2.59 and price to earnings (TTM) ratio is 24.75.

Transactions by insiders

Recent insider trading involved SINGER DAVID V, Director, that happened on Nov 20 ’23 when 955.0 shares were sold., Hagerty Patrick T. completed a deal on Oct 30 ’23 to sell 2000.0 shares. Meanwhile, Hagerty Patrick T. sold 2000.0 shares on Sep 29 ’23.

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