Alert: Rating Downgrade (8/1/24)-PERFORMANCE FOOD GROUP COMPANY (NYSE: PFGC).

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Stock Rating Downgrade

In the last week the Value Trend Rating for PERFORMANCE FOOD GROUP COMPANY (NYSE: PFGC) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

PERFORMANCE FOOD GROUP COMPANY (NYSE: PFGC) stock declined modestly by -1.0% on 8/1/24. The stock closed at $68.31. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has risen 7.5% during the last week.

Current PriceTarget Research Rating

PFGC is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

PERFORMANCE FOOD GROUP COMPANY has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. PERFORMANCE FOOD GROUP COMPANY has a slightly positive Appreciation Score of 70 and a neutral Power Rating of 49, with the High Neutral Value Trend Rating the result.

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