Performance Food Group (NYSE:PFGC) Releases Earnings Results, Misses Expectations By $0.06 EPS

Performance Food Group (NYSE:PFGC) issued its quarterly earnings data on Wednesday. The food distribution company reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.06), Briefing.com reports. Performance Food Group had a return on equity of 16.66% and a net margin of 0.72%. The firm had revenue of $15.42 billion during the quarter, compared to analyst estimates of $15.22 billion. During the same quarter in the previous year, the firm posted $1.15 earnings per share. Performance Food Group’s quarterly revenue was up 3.2% compared to the same quarter last year. Performance Food Group updated its Q2 2025 guidance to EPS.

Performance Food Group Price Performance

Shares of PFGC stock traded up $0.64 during mid-day trading on Friday, reaching $85.97. The company’s stock had a trading volume of 1,454,003 shares, compared to its average volume of 1,028,922. Performance Food Group has a 1-year low of $59.35 and a 1-year high of $89.00. The company has a market cap of $13.40 billion, a P/E ratio of 31.72, a PEG ratio of 0.88 and a beta of 1.44. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.76 and a current ratio of 1.70. The firm’s 50-day moving average is $78.82 and its two-hundred day moving average is $72.15.

Insider Activity

In other news, Director Kimberly Grant sold 4,000 shares of the stock in a transaction on Wednesday, August 21st. The shares were sold at an average price of $73.61, for a total value of $294,440.00. Following the completion of the transaction, the director now owns 10,184 shares in the company, valued at approximately $749,644.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director Kimberly Grant sold 4,000 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $73.61, for a total value of $294,440.00. Following the sale, the director now owns 10,184 shares of the company’s stock, valued at approximately $749,644.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Scott E. Mcpherson sold 25,000 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $74.64, for a total transaction of $1,866,000.00. Following the completion of the sale, the insider now directly owns 149,863 shares in the company, valued at approximately $11,185,774.32. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 100,500 shares of company stock worth $7,426,075. 2.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

PFGC has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price objective on shares of Performance Food Group from $83.00 to $88.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 9th. BMO Capital Markets upped their target price on shares of Performance Food Group from $87.00 to $95.00 and gave the company an “outperform” rating in a research note on Thursday. Jefferies Financial Group upped their target price on shares of Performance Food Group from $90.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Truist Financial upped their target price on shares of Performance Food Group from $88.00 to $101.00 and gave the company a “buy” rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Performance Food Group from $93.00 to $94.00 and gave the company a “buy” rating in a research note on Thursday, August 15th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $94.50.

About Performance Food Group

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products.