Performance Food Group (NYSE:PFGC) Hits New 1-Year High – Still a Buy?

Performance Food Group Company (NYSE:PFGC)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $105.80 and last traded at $105.66, with a volume of 1134063 shares changing hands. The stock had previously closed at $105.25.

Wall Street Analyst Weigh In

PFGC has been the subject of a number of analyst reports. Wall Street Zen lowered Performance Food Group from a “buy” rating to a “hold” rating in a research report on Sunday, July 6th. Morgan Stanley boosted their price target on Performance Food Group from $93.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Monday, July 14th. Sanford C. Bernstein set a $112.00 price target on Performance Food Group and gave the stock an “overweight” rating in a research report on Thursday, May 29th. Wells Fargo & Company boosted their price target on Performance Food Group from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 13th. Finally, Guggenheim reiterated a “buy” rating and set a $115.00 price target on shares of Performance Food Group in a research report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $109.67.

Performance Food Group Stock Down 0.6%

The company has a current ratio of 1.58, a quick ratio of 0.72 and a debt-to-equity ratio of 1.51. The stock has a 50-day simple moving average of $98.64 and a 200-day simple moving average of $87.70. The company has a market cap of $16.33 billion, a price-to-earnings ratio of 48.09, a price-to-earnings-growth ratio of 1.18 and a beta of 1.10.

Performance Food Group (NYSE:PFGC) last announced its quarterly earnings results on Wednesday, August 13th. The food distribution company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.45 by $0.10. Performance Food Group had a return on equity of 16.23% and a net margin of 0.54%.The company had revenue of $16.94 billion during the quarter, compared to analyst estimates of $16.85 billion. During the same quarter in the previous year, the firm posted $1.45 EPS. The firm’s quarterly revenue was up 11.2% on a year-over-year basis. Performance Food Group has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, analysts predict that Performance Food Group Company will post 4.58 EPS for the current year.

Insider Transactions at Performance Food Group

In other news, insider Donald S. Bulmer sold 1,308 shares of the business’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $101.56, for a total value of $132,840.48. Following the sale, the insider owned 53,794 shares of the company’s stock, valued at approximately $5,463,318.64. The trade was a 2.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Erika T. Davis sold 4,100 shares of the business’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $105.06, for a total value of $430,746.00. Following the completion of the sale, the insider directly owned 46,541 shares in the company, valued at $4,889,597.46. This represents a 8.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 58,968 shares of company stock worth $5,944,596 over the last 90 days. 2.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Performance Food Group

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Osaic Holdings Inc. raised its position in shares of Performance Food Group by 153.2% during the second quarter. Osaic Holdings Inc. now owns 4,730 shares of the food distribution company’s stock worth $394,000 after purchasing an additional 2,862 shares during the period. Orion Porfolio Solutions LLC raised its position in shares of Performance Food Group by 0.8% during the second quarter. Orion Porfolio Solutions LLC now owns 24,960 shares of the food distribution company’s stock worth $2,183,000 after purchasing an additional 189 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Performance Food Group by 0.3% during the second quarter. Thrivent Financial for Lutherans now owns 36,752 shares of the food distribution company’s stock worth $3,215,000 after purchasing an additional 125 shares during the period. State of Wyoming acquired a new stake in shares of Performance Food Group during the second quarter worth $153,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Performance Food Group during the second quarter worth $545,000. 96.87% of the stock is owned by institutional investors and hedge funds.

About Performance Food Group

Performance Food Group Company, through its subsidiaries, markets and distributes food and food-related products in the United States. It operates through three segments: Foodservice, Vistar, and Convenience. The company offers a range of frozen foods, groceries, candy, snacks, beverages, cigarettes, and other tobacco products; beef, pork, poultry, and seafood; and health and beauty care products.