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 maximum price target given was 35, which equates to a potential upside of 21.74 percent. The most pessimistic analyst gave a price target of 27, which equates to a potential downside 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.05 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
PFGC has an estimated earnings growth rate of 71.06 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PFGC is 0.49.
In the last 52-weeks, PFGC has achieved a high of 29.25 and a low of 19.95. Currently the stock is 44.11 percent higher than its low, and 1.71 percent lower than its 52-week high. PFGC has a price/earnings 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 stock has a market capitalization of $3 billion. PFGC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.