Analyst Ratings for Pinnacle Foods Inc. (PF)Updated: 2017-07-26
Analysts covering Pinnacle Foods Inc. (NYSE:PF) have given it a consensus rating of Buy. About 30 days ago, PF was issued an average rating of Buy.
20 analysts issued ratings on the stock, where 17 gave PF a buy rating, 2 issued an overweight rating, 1 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Several price targets were given for PF by the analysts covering the stock. The most optimistic price target was 68, implying a possible profit of 10 percent. The minimum price target given was 53, implying potential capital losses of -14.27 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.94 percent. The average change in earnings estimates over the last 90 days is -2.8 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.19 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.58 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 4 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
The growth rate of PF's earnings is estimated by analysts to be 46.72 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PF is 0.75.
PF has traded between a high of 66.67 and a low of 46.36 over the past year. Today's price is 33.35 percent above the 52-week low, and 7.27 percent below the high. PF has a price/earnings ratio of 35.14. Investors typically compare the P/E ratio to a company's peers in the industry. The PF value stock report compares PF to some of its peers using value stock charts. The market cap of PF is $7.34 billion. PF's next earnings release will be on 0000-00-00, which is days away.