The Impact of Market Fluctuations on Performance Food Group Company’s (PFGC) Stock

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The stock of Performance Food Group Company (PFGC) has gone up by 5.49% for the week, with a 5.85% rise in the past month and a 14.48% rise in the past quarter. The volatility ratio for the week is 2.05%, and the volatility levels for the past 30 days are 1.92% for PFGC.. The simple moving average for the past 20 days is 4.42% for PFGC’s stock, with a 9.33% simple moving average for the past 200 days.

Is It Worth Investing in Performance Food Group Company (NYSE: PFGC) Right Now?

The price-to-earnings ratio for Performance Food Group Company (NYSE: PFGC) is above average at 27.59x, Company’s 36-month beta value is 1.44.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for PFGC is 151.94M, and currently, short sellers hold a 1.74% ratio of that floaft. The average trading volume of PFGC on September 20, 2024 was 1.14M shares.

PFGC) stock’s latest price update

Performance Food Group Company (NYSE: PFGC) has experienced a rise in its stock price by 2.04 compared to its previous closing price of 75.48. However, the company has seen a gain of 5.49% in its stock price over the last five trading days. businesswire.com reported 2024-09-04 that RICHMOND, Va.–(BUSINESS WIRE)–Performance Food Group Company Announces Intention to offer $1.0 billion of Senior Notes.

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 10.66% 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 -1.94% of loss for the given period.

Volatility was left at 1.92%, however, over the last 30 days, the volatility rate increased by 2.05%, as shares surge +3.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.33% upper at present.

During the last 5 trading sessions, PFGC rose by +5.49%, which changed the moving average for the period of 200-days by +17.95% in comparison to the 20-day moving average, which settled at $73.89. In addition, Performance Food Group Company saw 11.38% 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 Hagerty Patrick T., who sale 8,000 shares at the price of $74.56 back on Aug 30 ’24. After this action, Hagerty Patrick T. now owns 162,987 shares of Performance Food Group Company, valued at $596,480 using the latest closing price.

PATRICK HAGERTY, the Officer of Performance Food Group Company, proposed sale 8,000 shares at $74.55 during a trade that took place back on Aug 30 ’24, which means that PATRICK HAGERTY is holding shares at $596,400 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 11.07, with 3.32 for asset returns.

Based on Performance Food Group Company (PFGC), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is 3.6.

Currently, EBITDA for the company is 1.41 billion with net debt to EBITDA at 3.55. When we switch over and look at the enterprise to sales, we see a ratio of 0.29. The receivables turnover for the company is 22.85for trailing twelve months and the total asset turnover is 4.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.

Conclusion

In a nutshell, Performance Food Group Company (PFGC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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