Performance Food Group Stock Today
| PFGC Stock | USD 68.51 1.47 2.10% |
Performance0 of 100
| Odds Of DistressLess than 2
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Performance Food is trading at 68.51 as of the 18th of April 2024, a -2.1 percent decrease since the beginning of the trading day. The stock's open price was 69.98. Performance Food has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Performance Food Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Consumer Staples Distribution & Retail | IPO Date 24th of August 1993 | Category Consumer Defensive | Classification Consumer Staples |
Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. Performance Food Group Company was founded in 1885 and is headquartered in Richmond, Virginia. Performance Food operates under Food Distribution classification in the United States and is traded on New York Stock Exchange. The company has 155.59 M outstanding shares of which 900.87 K shares are at this time shorted by private and institutional investors with about 1.13 trading days to cover. More on Performance Food Group
Moving together with Performance Stock
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Moving against Performance Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
Performance Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Performance Food's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Performance Food or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Patrick Hagerty | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Consumer Staples Distribution & Retail, Consumer Defensive, NYSE Composite, SP Midcap 400, Consumer Staples, Consumer Staples Distribution & Retail, Food Distribution, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Performance Food report their recommendations after researching Performance Food's financial statements, talking to executives and customers, or listening in on Performance Food's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Performance Food. The Performance consensus assessment is calculated by taking the average forecast from all of the analysts covering Performance Food. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Performance Food's historical financial statements, Performance Food Group is performing exceptionally good at the moment. It has a great risk to report excellent financial results in May. Financial strength of Performance Food is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Performance Food's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Performance Food's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Performance Food's financial leverage. It provides some insight into what part of Performance Food's total assets is financed by creditors.
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Performance Food Group (PFGC) is traded on New York Stock Exchange in USA. It is located in 12500 West Creek Parkway, Richmond, VA, United States, 23238 and employs 34,650 people. Performance Food is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.89 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Performance Food's market, we take the total number of its shares issued and multiply it by Performance Food's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Performance Food conducts business under Consumer Staples Distribution & Retail sector and is part of Consumer Staples industry. The entity has 155.59 M outstanding shares of which 900.87 K shares are at this time shorted by private and institutional investors with about 1.13 trading days to cover.
Performance Food Group currently holds about 18.9 M in cash with 832.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12.
Check Performance Food Probability Of Bankruptcy
Ownership AllocationPerformance Food owns a total of 155.59 Million outstanding shares. The majority of Performance Food Group outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Performance Food to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Performance Food. Please pay attention to any change in the institutional holdings of Performance Food as this could imply that something significant has changed or is about to change at the company. Also note that almost one million five hundred fifty-five thousand eight hundred sixty invesors are currently shorting Performance Food expressing very little confidence in its future performance.
Check Performance Ownership Details
Performance Stock Price Odds Analysis
What are Performance Food's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Performance Food jumping above the current price in 90 days from now is about 98.0%. The Performance Food Group probability density function shows the probability of Performance Food stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0837 indicating Performance Food Group market returns are highly-sensitive to returns on the market. As the market goes up or down, Performance Food is expected to follow. Additionally, performance Food Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Performance Food to move above the current price in 90 days from now is about 98.0 (This Performance Food Group probability density function shows the probability of Performance Stock to fall within a particular range of prices over 90 days) .
Performance Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Performance Food that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Performance Food's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Performance Food's value.| Instituion | Recorded On | Shares | |
| Jennison Associates Llc | 2023-12-31 | 2.3 M | |
| Palestra Capital Management Llc | 2023-09-30 | 2.3 M | |
| Holocene Advisors, Lp | 2023-09-30 | 2.1 M | |
| Eminence Capital Llc | 2023-09-30 | 2 M | |
| Victory Capital Management Inc. | 2023-12-31 | 2 M | |
| Norges Bank | 2023-12-31 | 1.7 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.7 M | |
| Principal Financial Group Inc | 2023-12-31 | 1.7 M | |
| Citadel Advisors Llc | 2023-09-30 | 1.5 M | |
| Capital World Investors | 2023-12-31 | 21.4 M | |
| Vanguard Group Inc | 2023-09-30 | 15.9 M |
Performance Food Historical Income Statement
Performance Food Group Income Statement is one of the three primary financial statements used for reporting Performance's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Performance Food revenue and expense. Performance Food Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Performance Food's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 69.1 B, whereas Total Other Income Expense Net is forecasted to decline to (3.6 M). View More FundamentalsPerformance Stock Against Markets
Picking the right benchmark for Performance Food stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Performance Food stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Performance Food is critical whether you are bullish or bearish towards Performance Food Group at a given time. Please also check how Performance Food's historical prices are related to one of the top price index indicators.
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Performance Food Corporate Directors
Performance Food corporate directors refer to members of a Performance Food board of directors. The board of directors generally takes responsibility for the Performance Food's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Performance Food's board members must vote for the resolution. The Performance Food board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Thomas Hoffman | Director | Profile | |
| Randall Spratt | Independent Director | Profile | |
| Bruce McEvoy | Director | Profile | |
| Jeffrey Overly | Independent Director | Profile |
How to buy Performance Stock?
Before investing in Performance Food, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Performance Food. To buy Performance Food stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Performance Food. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Performance Food stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Performance Food Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Performance Food Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Performance Food Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Performance Stock please use our How to Invest in Performance Food guide.
Already Invested in Performance Food Group?
The danger of trading Performance Food Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Performance Food is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Performance Food. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Performance Food is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Performance Food offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Performance Food's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Performance Food Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Performance Food Group Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Performance Food Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Performance Food information on this page should be used as a complementary analysis to other Performance Food's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Performance Stock analysis
When running Performance Food's price analysis, check to measure Performance Food's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Performance Food is operating at the current time. Most of Performance Food's value examination focuses on studying past and present price action to predict the probability of Performance Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Food's price. Additionally, you may evaluate how the addition of Performance Food to your portfolios can decrease your overall portfolio volatility.
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Is Performance Food's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Performance Food. If investors know Performance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Performance Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.087 | Earnings Share 2.74 | Revenue Per Share 349.326 | Quarterly Revenue Growth 0.029 | Return On Assets 0.0409 |
The market value of Performance Food is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Food's value that differs from its market value or its book value, called intrinsic value, which is Performance Food's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Performance Food's market value can be influenced by many factors that don't directly affect Performance Food's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Performance Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Food's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.