Performance Food Group Company [NYSE: PFGC] stock went on an upward path that rose over 7.71% on Wednesday, amounting to a one-week price increase of more than 12.21%.
Over the last 12 months, PFGC stock rose by 25.33%. The one-year Performance Food Group Company stock forecast points to a potential upside of 14.26. The average equity rating for PFGC stock is currently 1.57, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $11.24 billion, with 154.50 million shares outstanding and 151.62 million shares in the current float. Compared to the average trading volume of 1.17M shares, PFGC stock reached a trading volume of 2896553 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Performance Food Group Company [PFGC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PFGC shares is $84.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PFGC stock is a recommendation set at 1.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for Performance Food Group Company shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on November 21, 2023. While these analysts kept the previous recommendation, Deutsche Bank raised their target price to Buy. The new note on the price target was released on October 19, 2023, representing the official price target for Performance Food Group Company stock. Previously, the target price had yet another drop from $74 to $66, while Morgan Stanley kept a Equal-Weight rating on PFGC stock.
The Average True Range (ATR) for Performance Food Group Company is set at 2.15, with the Price to Sales ratio for PFGC stock in the period of the last 12 months amounting to 0.19. The Price to Book ratio for the last quarter was 2.82, with the Price to Cash per share for the same quarter was set at 0.11. Price to Free Cash Flow for PFGC in the course of the last twelve months was 14.15 with Quick ratio for the last quarter at 0.77.
PFGC Stock Performance Analysis:
Performance Food Group Company [PFGC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.21. With this latest performance, PFGC shares gained by 11.96% in over the last four-week period, additionally plugging by 1.26% over the last 6 months – not to mention a rise of 25.33% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PFGC stock in for the last two-week period is set at 66.73, with the RSI for the last a single of trading hit 74.01, and the three-weeks RSI is set at 62.01 for Performance Food Group Company [PFGC]. The present Moving Average for the last 50 days of trading for this stock 66.55, while it was recorded at 67.06 for the last single week of trading, and 68.95 for the last 200 days.
Insight into Performance Food Group Company Fundamentals:
Performance Food Group Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.77 and a Current Ratio set at 1.64.
PFGC Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PFGC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Performance Food Group Company go to 14.99%.
Performance Food Group Company [PFGC] Institutonal Ownership Details
The top three institutional holders of PFGC stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in PFGC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in PFGC stock with ownership which is approximately 5.1238%.
