$884.08K in average volume shows that Performance Food Group Company (PFGC) is heading in the right direction

On Tuesday, Performance Food Group Company (NYSE: PFGC) opened higher 0.72% from the last session ,before settling in for the closing price of $70.97. Price fluctuations for PFGC have ranged from $52.92 to $78.54 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 28.04%. Company’s average yearly earnings per share was noted 10.51% at the time writing. With a float of $151.30 million, this company’s outstanding shares have now reached $154.50 million.

Considering the fact that the conglomerate employs 35000 people, you should pay attention to its efficiency factor.

Performance Food Group Company (PFGC) Insider Activity

A key investor’s attitude towards the stock of the Food Distribution industry is another important factor to consider. The insider ownership of Performance Food Group Company is 2.75%, while institutional ownership is 97.91%. The most recent insider transaction that took place on Nov 20 ’23, was worth 59,936. In this transaction Director of this company sold 955 shares at a rate of $62.76, taking the stock ownership to the 9,417 shares. Before that another transaction happened on Oct 30 ’23, when Company’s insider sold 2,000 for $55.62, making the entire transaction worth $111,240. This insider now owns 155,035 shares in total.

Performance Food Group Company (PFGC) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.9 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.92) by -$0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.39 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 10.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.79% during the next five years compared to 6.02% growth over the previous five years of trading.

Performance Food Group Company (NYSE: PFGC) Trading Performance Indicators

Check out the current performance indicators for Performance Food Group Company (PFGC). In the past quarter, the stock posted a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.19. Likewise, its price to free cash flow for the trailing twelve months is 17.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.75, a number that is poised to hit 0.85 in the next quarter and is forecasted to reach 5.08 in one year’s time.

Technical Analysis of Performance Food Group Company (PFGC)

Compared to the last year’s volume of 0.9 million, its volume of 1.24 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 31.29%. Additionally, its Average True Range was 1.48.

During the past 100 days, Performance Food Group Company’s (PFGC) raw stochastic average was set at 59.07%, which indicates a significant increase from 35.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.98% in the past 14 days, which was higher than the 19.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $74.53, while its 200-day Moving Average is $65.16. Nevertheless, the first resistance level for the watch stands at $71.86 in the near term. At $72.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $72.90. If the price goes on to break the first support level at $70.81, it is likely to go to the next support level at $70.14. Should the price break the second support level, the third support level stands at $69.77.

Performance Food Group Company (NYSE: PFGC) Key Stats

There are currently 155,586K shares outstanding in the company with a market cap of 11.12 billion. Presently, the company’s annual sales total 57,255 M according to its annual income of 397,200 K. Last quarter, the company’s sales amounted to 14,296 M and its income totaled 78,300 K.