How to Buy Performance Food Group Co Stock
Performance Food Group Co
Performance Food Group Co is a food distribution company located in Virginia, United States, which is part of the Consumer Defensive sector, and is traded under the ticker PFGC on the NYSE exchange.
Performance Food Group Co stock last closed at $57.85, up 1.53% from the previous day, and has increased 12.37% in one year. It has overperformed other stocks in the Food Distribution industry by 0.21 percentage points. Performance Food Group Co stock is currently +51.32% from its 52-week low of $38.23, and -8.36% from its 52-week high of $63.13.
As of Mar 27, 2023, there are 156.14M PFGC shares outstanding. The market capitalization of PFGC is $9.03B. In the last 24 hours, 796,438 PFGC shares were traded.
How to Buy Performance Food Group Co Stock
Wondering how to invest in Performance Food Group Co stock? Here's how.
- Choose where to buy Performance Food Group Co stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Performance Food Group Co stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your method of payment and add your info.
- Research Performance Food Group Co stock: The Performance Food Group Co ticker symbol is PFGC. Is Performance Food Group Co stock a good investment? Should you buy shares of PFGC? How do PFGC's underlying business fundamentals look? Do top analysts think Performance Food Group Co is a good buy? Why has PFGC's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PFGC is a good stock to buy).
- Make your PFGC trade: Decide if you will purchase PFGC shares at the current market price or use a limit order to purchase PFGC stock at a specific price.
- Get the latest scoop on your investment in PFGC: Create a watchlist to keep track of your new investment in Performance Food Group Co stock.
Step 1: Choose where to buy Performance Food Group Co stock
You will need an online brokerage account to access the NYSE market and buy PFGC stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best place to buy stocks. eToro gives you:
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Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal details so you are able to buy PFGC today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal info to start your new brokerage account.
- Send your data by hitting the "Create Account" button.
Step 3: Fund your brokerage account
Now that you have opened your account on apps for stocks, you can securely and quickly fund your account:
Check out the video below to see the process of transferring funds into your new investment account.
Step 4: Research Performance Food Group Co stock
After you have selected the best place to buy Performance Food Group Co stock, it's critical to research their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Performance Food Group Co shares at a glance
Performance Food Group Co Fundamentals
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on PFGC's stock page.
Is PFGC stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge PFGC's intrinsic value.
Using relative valuations ratios:
- PFGC could be overvalued based on its P/E ratio of 33.44x, relative to Food Distribution industry P/E ratio of 28.52x
- PFGC could be undervalued based on its P/B ratio of 2.58x, relative to Food Distribution industry P/B ratio of 4.47x
- PFGC may be overvalued based on its PEG ratio of 29.13x
You can access additional valuation research on PFGC's stock here.
PFGC Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the PFGC balance sheet.
- PFGC profit margin has gone up from 0.1% to 0.5% in the past year.
- Total PFGC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the PFGC balance sheet.
Failed Financial Due Diligence Checks:
- PFGC's operating cash flow of $547.20M allows it to safely service it's debt of $4.84B.
- PFGC earnings of $576.10M is not sufficient to cover its interest payments.
- PFGC has a relatively high debt to equity ratio of 2.49.
Is Performance Food Group Co stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 9 Equities analysts who give recommendations on PFGC, the consensus analyst rating on PFGC is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent PFGC Analyst Upgrades/Downgrades
Joshua Long, a top 16% analyst from Stephens & Co. reiterates PFGC with a strong buy rating and maintains their PFGC price target from $68.00 to $68.00, on Feb 24, 2023.
Mark Carden, a bottom 25% analyst from UBS maintains PFGC with a strong buy rating and raises their PFGC price target from $72.00 to $76.00, on Feb 9, 2023.
John Glass, a top 23% analyst from Morgan Stanley maintains PFGC with a strong buy rating and raises their PFGC price target from $67.00 to $74.00, on Jan 18, 2023.
Jake Bartlett, a top 1% analyst from Truist Securities maintains PFGC with a strong buy rating and raises their PFGC price target from $72.00 to $75.00, on Jan 12, 2023.
Bartlett raised his price target on Performance Food Group Company by 4.2%.
His PT update follows a dive into the Hospitality Restaurants and Restaurant Tech sector coming out of ICR Conference presentations*, the analyst reported.
"The conference reinforced my broadly bullish view of restaurant and food service distribution stocks," Bartlett told investors, explaining that "most management teams confirmed that restaurant demand is still solid."
The analyst also cited the sector's "incrementally easier staffing trends as well as easing wage and commodity inflation" for his upbeat assessment.
* From here: The ICR Conference is a platform where public and private company management teams, institutional investors, sell-side research analysts, investment bankers, private equity professionals, and selected media connect to understand consumer trends and public company prospects as the year begins.
Jeffrey A. Bernstein, a top 8% analyst from Barclays maintains PFGC with a strong buy rating and raises their PFGC price target from $68.00 to $74.00, on Jan 5, 2023.
You can dig deeper into what analysts are forecasting on the Performance Food Group Co stock forecast page.
PFGC Momentum
PFGC Revenue
Last year, PFGC earnings were $266.20M. In the last 5 year, PFGC's earnings have increased by 1.57% per year. This was slower than the Food Distribution industry average of 2.22%.
Last year, PFGC revenue was $56.29B. During the last 5 year, PFGC's revenue has increased by 26.55% per year. This was faster than the Food Distribution industry average of 10.24%.
Dive into PFGC's earnings and revenue performance here.
What are PFGC insiders up to?
In the last year, insiders at PFGC have sold more shares than they have bought.
Patrick T. Hagerty, Officer of PFGC, was the latest PFGC insider to sell. They sold $28,155.00 worth of PFGC shares on Mar 1, 2023.
Research more about who owns PFGC shares here.
Can I rely on PFGC as an income stream?
No, Performance Food Group Co doesn't provide an income stream by paying out dividends.
What others are saying about PFGC
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your PFGC trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in PFGC
Now that you own some PFGC stock, you'll want to keep up with your new stock purchase.
Make a watchlist to monitor your PFGC stock.
PFGC Feed
How to Buy Stock in Performance Food Group Co
To reiterate, here are the 6 steps to buy Performance Food Group Co stock:
- Choose where to buy Performance Food Group Co stock
- Open a brokerage account
- Fund your brokerage account
- Research Performance Food Group Co stock
- Make your PFGC trade
- Get the latest scoop on your investment in PFGC
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Performance Food Group Co, get started below.
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