Performance Food Intrinsic Value Calculation – Performance Food Group to Share First-Quarter Fiscal 2024 Results in Upcoming Webcast
October 26, 2023
☀️Trending News
Performance Food ($NYSE:PFGC) Group is set to share its first-quarter fiscal 2024 results in an upcoming webcast. Performance Food Group is a foodservice distributor that helps feed restaurants, institutions, and other operations in the foodservice industry. The webcast will feature the company’s financial results and outlook for the upcoming quarter.
In addition, management will present their insights into the company’s performance and discuss the strategies they are using to drive long-term value. Investors and analysts will have the chance to ask questions and receive answers directly from top executives. The first-quarter fiscal 2024 results and webcast will be an important indicator of how the company’s operations have been performing, and will provide insight into its future prospects. For those interested in learning more about Performance Food Group’s performance, this event should not be missed.
Share Price
At the same time, the stock opened at $55.1 and closed at $56.1, indicating a gain of 1.4% from the previous closing price of 55.3. This positive development may have been driven by the news of the upcoming webcast. The webcast is expected to feature executives of the company highlighting the financial performance during the quarter and provide updates on the various strategies that are being carried out to further improve the performance of the business.
Therefore, investors and analysts will be keenly watching the upcoming webcast to gain greater insights into PFG’s financial standing and strategies. The results of the webcast could have an impact on today’s stock prices as well as future stock performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Performance Food. More…
| Total Revenues | Net Income | Net Margin |
| 57.25k | 397.2 | 0.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Performance Food. More…
| Operations | Investing | Financing |
| 832.1 | -294.6 | -536.2 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Performance Food. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.5k | 8.75k | 24.24 |
Key Ratios Snapshot
Some of the financial key ratios for Performance Food are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.7% | 4.9% | 1.3% |
| FCF Margin | ROE | ROA |
| 1.0% | 13.0% | 3.8% |
Analysis – Performance Food Intrinsic Value Calculation
GoodWhale has conducted an analysis of the fundamentals of PERFORMANCE FOOD and our proprietary Valuation Line has determined that the fair value of PERFORMANCE FOOD share is around $64.7. Currently, PERFORMANCE FOOD stock is traded at $56.1, resulting in an overall fair price that is 13.3% undervalued. This presents an opportunity for investors to purchase the stock at a price that is lower than its true value. However, it is important that investors perform their own due diligence before investing. More…
Peers
The company operates through three segments: Performance Foodservice, PFG Customized, and Vistar. Performance Foodservice segment offers food and non-food products to independent restaurants, quick-service restaurants, caterers, and national restaurant chains. PFG Customized segment provides food and non-food products to customers who desire a customized distribution solution. Vistar segment supplies non-food products, equipment, and solutions to customers in the vending, office coffee service, theatre, and foodservice management industries.
– US Foods Holding Corp ($NYSE:USFD)
With a market capitalization of $6.66 billion as of 2022, US Foods Holding Corp is a publicly traded foodservice distributor. The company operates a network of nearly 300 distribution centers across the United States, serving more than 250,000 customers. US Foods Holding Corp also offers a variety of foodservice solutions, including custom-cut meat, seafood, and poultry; branded and private label products; and kitchen supplies and equipment. The company’s return on equity was 6.98% as of 2022.
– Sysco Corp ($NYSE:SYY)
Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of brands includesSysco, Brakes, FreshPoint and EFS. The company operates approximately 330 distribution facilities worldwide and serves more than 625,000 customer locations.
– Sligro Food Group NV ($LTS:0MKM)
Sligro Food Group is a Dutch food retailer and wholesaler. The company has a market cap of 662.56M as of 2022 and a return on equity of 8.07%. The company operates a chain of supermarkets and hypermarkets under the brand name “Sligro”.
Summary
Performance Food Group Company is set to release its first-quarter fiscal 2024 results through a webcast. Investors should take note of this news as the results have the potential to move the company’s stock price. The report will provide key insights into Performance Food’s financial performance, including revenue, operating income, and net income.
Additionally, investors should be aware of any changes in the company’s outlook for the upcoming quarters and any strategic updates. With the timely release of the results, investors will have the information needed to make well-informed decisions on their investment in Performance Food.
