Performance Food Group Company (NYSE:PFGC) went down by -9.26% from its latest closing price compared to the recent 1-year high of $58.13. The company’s stock price has collected -16.17% of loss in the last five trading sessions.
Is It Worth Investing in Performance Food Group Company (NYSE :PFGC) Right Now?
Performance Food Group Company (NYSE:PFGC) scored a price-to-earnings ratio above its average ratio, recording 162.79 x from its present earnings ratio. Plus, the 36-month beta value for PFGC is at 1.45. Opinions of the stock are interesting as 11 analysts out of 16 who provided ratings for Performance Food Group Company declared the stock was a “buy,” while 3 rated the stock as “overweight,” 1 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $63.77, which is $20.78 above the current price. PFGC currently public float of 152.11M and currently shorts hold a 4.25% ratio of that float. Today, the average trading volume of PFGC was 1.50M shares.
PFGC’s Market Performance
PFGC stocks went down by -16.17% for the week, with a monthly drop of -13.41% and a quarterly performance of -16.52%, while its annual performance rate touched -13.30%. The volatility ratio for the week stands at 6.89% while the volatility levels for the past 30 days are set at 4.94% for Performance Food Group Company. The simple moving average for the period of the last 20 days is -14.83% for PFGC stocks with a simple moving average of -8.85% for the last 200 days.
Analysts’ Opinion of PFGC
Many brokerage firms have already submitted their reports for PFGC stocks, with Deutsche Bank repeating the rating for PFGC by listing it as a “Buy.” The predicted price for PFGC in the upcoming period, according to Deutsche Bank is $62 based on the research report published on March 18th of the current year 2022.
CL King, on the other hand, stated in their research note that they expect to see PFGC reach a price target of $60. The rating they have provided for PFGC stocks is “Buy” according to the report published on March 11th, 2022.
Truist gave a rating of “Buy” to PFGC, setting the target price at $61 in the report published on February 01st of the current year.
PFGC Trading at -14.79% from the 50-Day Moving Average
After a stumble in the market that brought PFGC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.79% of loss for the given period.
Volatility was left at 4.94%, however, over the last 30 days, the volatility rate increased by 6.89%, as shares sank -12.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.05% lower at present.
During the last 5 trading sessions, PFGC fell by -16.17%, which changed the moving average for the period of 200-days by -4.75% in comparison to the 20-day moving average, which settled at $50.34. In addition, Performance Food Group Company saw -5.99% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PFGC starting from Hagerty Patrick T., who sale 500 shares at the price of $49.48 back on May 02. After this action, Hagerty Patrick T. now owns 147,825 shares of Performance Food Group Company, valued at $24,740 using the latest closing price.
Hagerty Patrick T., the See Remarks of Performance Food Group Company, sale 500 shares at $51.06 during a trade that took place back on Apr 01, which means that Hagerty Patrick T. is holding 148,325 shares at $25,530 based on the most recent closing price.
Stock Fundamentals for PFGC
Equity return is now at value 1.40, with 0.40 for asset returns.