Chasity D. Grosh, Senior Vice President and Chief Accounting Officer at Performance Food Group Co (NYSE:PFGC), recently sold 1,005 shares of the company's common stock. The transaction, dated November 11, 2024, was executed at a price of $87.19 per share, totaling $87,625. Following this sale, Grosh retains ownership of 6,479 shares in the company.
In other recent news, Performance Food Group Company (PFG) has reported its fiscal Q1 2025 financial results. The company's CEO, George Holm, and CFO, Patrick Hatcher, led the earnings conference call, comparing these outcomes with the same period in the previous year. The financial discussion included both GAAP and non-GAAP measures, with a reconciliation provided in the earnings release. The company also made forward-looking statements, cautioning that actual results might differ due to various factors. However, no specific bullish or bearish aspects were highlighted during the call. There were also no mentions of any misses in the fiscal Q1 2025 results. These are recent developments, and investors are advised to consider the forward-looking statements with the understanding that they are subject to various influencing factors.
InvestingPro Insights
As we delve deeper into Performance Food Group Co's (NYSE:PFGC) recent insider transaction, it's worth considering some key financial metrics and expert insights provided by InvestingPro.
Performance Food Group has shown strong market performance, with a 31.25% price total return over the past three months. This aligns with one of the InvestingPro Tips, which highlights the company's strong return over the last quarter. Additionally, PFGC's stock is trading at 96.73% of its 52-week high, indicating robust investor confidence.
However, investors should note that PFGC is trading at a high P/E ratio of 31.59 relative to its near-term earnings growth. This suggests that the stock might be somewhat overvalued at current levels. Another InvestingPro Tip points out that the company suffers from weak gross profit margins, which is reflected in the reported gross profit margin of 12.11% for the last twelve months.
On a positive note, PFGC's market capitalization stands at $13.42 billion, and the company has been profitable over the last twelve months. Analysts predict continued profitability for the current year, which could support the stock's valuation.
For investors seeking a more comprehensive analysis, InvestingPro offers additional tips and insights. In fact, there are 5 more InvestingPro Tips available for Performance Food Group, which could provide valuable context for understanding the company's financial health and market position.
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