Analyst Ratings for Performance Food Group Co. (PFGC)Updated: 2017-07-27
Performance Food Group Co. (NYSE:PFGC) was awarded an average rating of Overweight from investment analysts following the stock. PFGC had previously received a consensus rating of Overweight a month ago.
Of the 11 analysts covering the stock, 5 gave it a buy rating, 1 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for PFGC by the analysts covering the stock. The highest price target was 35, which equates to a potential upside of 21.74 percent. The most pessimistic analyst gave a price target of 27, implying a possible loss of -6.09 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.02 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.05 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of PFGC to grow at a rate of 71.06 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PFGC is 0.49.
PFGC has traded between a high of 29.25 and a low of 19.95 over the past year. Today's price is 44.11 percent above the 52-week low, and 1.71 percent lower than its 52-week high. PFGC has a P/E ratio of 34.64. Investors typically compare the P/E ratio to a company's peers in the industry. The PFGC value stock report compares PFGC to some of its peers using value stock charts. The market cap of PFGC is $3 billion. PFGC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.