PFGC Stock Summary and Trading Ideas (Performance Food Group Company | NYSE:PFGC)

Performance Food Group Co is the third-largest U.S. food-service distributor behind Sysco and us Foods, with 9% market share. PFG's food-service business (52% of 2022 sales) provides customized food products and services (such as product selection and procurement) to independent and chain restaurants, and institutional customers. Acquisitions of Eby-Brown (2019) and Core-Mark (2021) enabled PFG to tap into the convenience store segment (41% of sales), offering convenience products, marketing programs, and technology solutions to convenience stores, drug stores, and other such channels. The firm's Vistar business (7% of sales) is a national distributor of candy, snacks, and beverages to vending and office coffee service distributors, theaters, and hospitality providers.

Performance Food Group Company trades on the NYSE stock market under the symbol PFGC.

As of April 26, 2024, PFGC stock price declined to $68.85 with 926,574 million shares trading.

PFGC has a beta of 0.49, meaning it tends to be less sensitive to market movements. PFGC has a correlation of 0.07 to the broad based SPY ETF.

PFGC has a market cap of $10.71 billion. This is considered a Large Cap stock.

Last quarter Performance Food Group Company reported $14 billion in Revenue and $.90 earnings per share. This beat revenue expectation by $16 million and missed earnings estimates by -$.02.

In the last 3 years, PFGC stock traded as high as $78.54 and as low as $38.23.

The top ETF exchange traded funds that PFGC belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

PFGC has underperformed the market in the last year with a price return of +14.8% while the SPY ETF gained +27.4%. PFGC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.8% and -0.5%, respectively, while the SPY returned +4.6% and -0.5%, respectively.

PFGC support price is $67.89 and resistance is $69.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PFGC stock will trade within this expected range on the day.