Piper Sandler upgraded Performance Food Group Co (PFGC) to Overweight from Neutral on September 1, 2025. The stock is currently priced at $96.14.
This upgrade reflects a more optimistic outlook on the company's future prospects. Performance Food Group Co, headquartered in Richmond, Virginia, operates in the retail food distribution industry, employing 42,570 full-time staff. The firm markets and distributes over 250,000 food and food-related products across the United States from approximately 144 distribution facilities, serving over 300,000 customer locations in the food-away-from-home sector.
The company, which went public on October 1, 2015, operates through three segments: Foodservice, Vistar, and Convenience. Its Foodservice segment distributes a variety of national and proprietary-branded products to independent and multi-unit chain restaurants. The Vistar segment focuses on distributing snacks and beverages to vending and retail channels, while the Convenience segment serves convenience stores with a range of products, including tobacco.
Performance Food Group Co has a market capitalization of $14.8 billion, a trailing P/E ratio of 45.35, and an earnings per share (EPS) of 2.08. Upcoming earnings are scheduled for August 11, 2026, with an estimated EPS of $1.74 and revenue of $18.3 billion.
Analyst consensus as of November 1, 2025, shows 6 Strong Buy, 14 Buy, and 3 Hold ratings, indicating a general positive sentiment towards the stock. Recent analyst actions include Piper Sandler's upgrade and reiterations from firms like Guggenheim and Barclays, reflecting confidence in the company's performance and strategic direction.