PERFORMANCE FOOD GROUP COMPANY (NYSE: PFGC) has reported E.P.S. of $0.46 for its third fiscal quarter (ending March 31) versus $0.52 for the same period a year ago — a decline of -12%. Relative to the consensus estimate of $1.08, this was a shortfall of $-0.62. For the latest four quarters through March 31, E.P.S. were $2.71 versus $2.10 for the same period a year ago — an increase of 29%.
Recent Price Action
PERFORMANCE FOOD GROUP COMPANY (NYSE: PFGC) stock declined slightly by -0.2% on 5/8/24. The stock closed at $69.18. Moreover, this decline was accompanied by exceptionally high trading volume at 215% of normal. The stock has been strong relative to the market over the last nine months and has risen 1.9% 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 A (Highest Rating). 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 66 and a good Power Rating of 81, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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