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.
PF was given price targets by several analysts. The most optimistic price target was 68, which equates to a potential upside of 10 percent. The minimum price target given was 53, implying a possible loss of -14.27 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.19 percent. 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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
Analysts estimate earnings of PF to grow at a rate of 46.72 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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. The current market price is above the trailing year's low by 33.35 percent, 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 stock has a market capitalization of $7.34 billion. PF will post this quarters earnings in days, on 0000-00-00.