A director at Performance Food Group Co sold 20,496 shares at 84.601USD and the significance rating of the trade was 70/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...
In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.
PERFORMANCE FOOD GROUP (US), a company active in the Food Retailers & Wholesalers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date January 14, 2022, the closing price was USD ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Summary Maines Paper & Foodservice Inc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Maines Paper & Foodservice Inc (Maines) is a foodservice distribution company that supplies meat, poultry, seafood, prepared foods, appetizers, fresh produce, bakery items and g...
No-moat Performance Food Group announced the intent to purchase regional distributor Reinhart Foodservice for $2.0 billion. Assuming the deal receives FTC approval, we expect to increase our current $32.50 fair value estimate by a low- to mid-single-digit rate. We still think investors should remain on the sidelines for a more attractive entry point. With over $6 billion in revenue (19% of consolidated sales), Reinhart is one of the largest regional distributors with operations across the easte...
No-moat Performance Food Group announced the intent to purchase regional distributor Reinhart Foodservice for $2.0 billion. Assuming the deal receives FTC approval, we expect to increase our current $32.50 fair value estimate by a low- to mid-single-digit rate. We still think investors should remain on the sidelines for a more attractive entry point. With over $6 billion in revenue (19% of consolidated sales), Reinhart is one of the largest regional distributors with operations across the easter...
We’re increasing our fair value estimate for no-moat Performance Food Group to $32.50 per share from $30.50 after incorporating the recent Eby-Brown acquisition and raising our revenue growth expectations for PFG’s food-service business, given the ramping productivity of the expanded salesforce. Our consolidated revenue growth outlook stays at 4.5% as our food-service segment assumption increases to 4.0% from 3.3% while our Vistar segment forecast falls to 5.4% from 7.5% due to the addition ...
We’re increasing our fair value estimate for no-moat Performance Food Group to $32.50 per share from $30.50 after incorporating the recent Eby-Brown acquisition and raising our revenue growth expectations for PFG’s food-service business, given the ramping productivity of the expanded salesforce. Our consolidated revenue growth outlook stays at 4.5% as our food-service segment assumption increases to 4.0% from 3.3% while our Vistar segment forecast falls to 5.4% from 7.5% due to the addition ...
We’re increasing our fair value estimate for no-moat Performance Food Group to $32.50 per share from $30.50 after incorporating the recent Eby-Brown acquisition and raising our revenue growth expectations for PFG’s food-service business, given the ramping productivity of the expanded salesforce. Our consolidated revenue growth outlook stays at 4.5% as our food-service segment assumption increases to 4.0% from 3.3% while our Vistar segment forecast falls to 5.4% from 7.5% due to the addition ...
Performance Foods' shares retreated to the tune of a mid-single-digit percent following third-quarter results that included 3% organic case growth and a 10-basis-point erosion in adjusted operating margins to 1.4%. We attribute the market reaction to the profit pressure eating into its already modest margins and management’s cautionary tone surrounding the added costs to attract and retain labor (particularly within its delivery and warehouse operations). However, with just one quarter remaini...
Performance Food is the third-largest player in the potential $300 billion food-service distribution market, behind narrow-moat Sysco and no-moat US Foods. It holds around 6% share of the market. The firm is shifting away from primarily catering to large restaurant chains (which boast a compressed profit opportunity) in favor of increasingly serving smaller, independent chains. And while we maintain a positive view of the firm’s focus on expanding its position with these operators, which tend ...
Performance Foods' shares retreated to the tune of a mid-single-digit percent following third-quarter results that included 3% organic case growth and a 10-basis-point erosion in adjusted operating margins to 1.4%. We attribute the market reaction to the profit pressure eating into its already modest margins and management’s cautionary tone surrounding the added costs to attract and retain labor (particularly within its delivery and warehouse operations). However, with just one quarter remaini...
Performance Foods' shares retreated to the tune of a mid-single-digit percent following third-quarter results that included 3% organic case growth and a 10-basis-point erosion in adjusted operating margins to 1.4%. We attribute the market reaction to the profit pressure eating into its already modest margins and management’s cautionary tone surrounding the added costs to attract and retain labor (particularly within its delivery and warehouse operations). However, with just one quarter remaini...
Performance Foods' shares retreated to the tune of a mid-single-digit percent following third-quarter results that included 3% organic case growth and a 10-basis-point erosion in adjusted operating margins to 1.4%. We attribute the market reaction to the profit pressure eating into its already modest margins and management’s cautionary tone surrounding the added costs to attract and retain labor (particularly within its delivery and warehouse operations). However, with just one quarter remaini...
No-moat Performance Food Group announced on March 19 its intention to bring privately held Eby-Brown, a wholesale consumer product distributor, into its fold. The deal will significantly expand PFG's sales base, adding more than $5 billion in sales on a base of around $18 billion. However, we don’t anticipate a material change to our $29.50 fair value estimate, since the acquired operations probably boast more tepid profitability metrics, in line with management’s assessment that the transac...
No-moat Performance Food Group announced on March 19 its intention to bring privately held Eby-Brown, a wholesale consumer product distributor, into its fold. The deal will significantly expand PFG's sales base, adding more than $5 billion in sales on a base of around $18 billion. However, we don’t anticipate a material change to our $29.50 fair value estimate, since the acquired operations probably boast more tepid profitability metrics, in line with management’s assessment that the transac...
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