The stock of Performance Food Group Company (PFGC) has seen a 2.18% increase in the past week, with a -5.44% drop in the past month, and a 0.41% flourish in the past quarter. The volatility ratio for the week is 1.52%, and the volatility levels for the past 30 days are at 1.90% for PFGC. The simple moving average for the past 20 days is -4.10% for PFGC’s stock, with a 9.19% simple moving average for the past 200 days.
Is It Worth Investing in Performance Food Group Company (NYSE: PFGC) Right Now?
Performance Food Group Company (NYSE: PFGC) has a higher price-to-earnings ratio of 25.94x compared to its average ratio. PFGC has 36-month beta value of 1.39. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for PFGC is 151.30M, and currently, short sellers hold a 0.60% ratio of that float. The average trading volume of PFGC on April 12, 2024 was 887.54K shares.
PFGC) stock’s latest price update
Performance Food Group Company (NYSE: PFGC) has seen a rise in its stock price by 0.01 in relation to its previous close of 71.21. However, the company has experienced a 2.18% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-03 that The Zacks Natural Foods Products industry players are benefiting from the increasing consumer preference for healthy food options and efficient pricing amid high operating costs. These upsides keep Performance Food (PFGC), Sprouts Farmers (SFM) and Farmer Bros.
Analysts’ Opinion of PFGC
Many brokerage firms have already submitted their reports for PFGC stocks, with Piper Sandler repeating the rating for PFGC by listing it as a “Overweight.” The predicted price for PFGC in the upcoming period, according to Piper Sandler is $72 based on the research report published on November 21, 2023 of the previous year 2023.
Deutsche Bank, on the other hand, stated in their research note that they expect to see PFGC reach a price target of $80. The rating they have provided for PFGC stocks is “Buy” according to the report published on October 19th, 2023.
Morgan Stanley gave a rating of “Equal-Weight” to PFGC, setting the target price at $66 in the report published on June 20th of the previous year.
PFGC Trading at -4.43% 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 -9.32% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.52%, as shares sank -6.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.43% lower at present.
During the last 5 trading sessions, PFGC rose by +2.18%, which changed the moving average for the period of 200-days by +23.13% in comparison to the 20-day moving average, which settled at $74.03. In addition, Performance Food Group Company saw 2.99% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PFGC starting from SINGER DAVID V, who sale 955 shares at the price of $62.76 back on Nov 20 ’23. After this action, SINGER DAVID V now owns 9,417 shares of Performance Food Group Company, valued at $59,936 using the latest closing price.
Hagerty Patrick T., the of Performance Food Group Company, sale 2,000 shares at $55.62 during a trade that took place back on Oct 30 ’23, which means that Hagerty Patrick T. is holding 155,035 shares at $111,240 based on the most recent closing price.
Stock Fundamentals for PFGC
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.11 for the gross margin
The net margin for Performance Food Group Company stands at 0.01. The total capital return value is set at 0.09. Equity return is now at value 11.67, with 3.37 for asset returns.
Based on Performance Food Group Company (PFGC), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 1.3. The interest coverage ratio of the stock is 3.58.
Currently, EBITDA for the company is 1.26 billion with net debt to EBITDA at 3.73. When we switch over and look at the enterprise to sales, we see a ratio of 0.28. The receivables turnover for the company is 24.51for trailing twelve months and the total asset turnover is 4.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
To put it simply, Performance Food Group Company (PFGC) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
