tiprankstipranks
Trending News
More News >

Performance Food Group Unveils $500M Share Repurchase Plan

Story Highlights
Performance Food Group Unveils $500M Share Repurchase Plan

Confident Investing Starts Here:

An update from Performance Food Group ( (PFGC) ) is now available.

On May 27, 2025, Performance Food Group‘s Board of Directors authorized a new $500 million share repurchase program, replacing the previous $300 million program. This strategic move allows the company flexibility in repurchasing shares, depending on market conditions and stock performance. Additionally, during its 2025 Investor Day on May 28, 2025, PFG reaffirmed its fiscal 2025 guidance and set ambitious three-year targets, projecting significant growth in sales and Adjusted EBITDA by fiscal 2028. These announcements underscore PFG’s commitment to enhancing shareholder value and its strategic growth trajectory in the competitive foodservice distribution industry.

The most recent analyst rating on (PFGC) stock is a Buy with a $95.00 price target. To see the full list of analyst forecasts on Performance Food Group stock, see the PFGC Stock Forecast page.

Spark’s Take on PFGC Stock

According to Spark, TipRanks’ AI Analyst, PFGC is a Outperform.

Performance Food Group demonstrates strong revenue growth and operational efficiency with a solid financial foundation. Technical indicators support a bullish outlook, though the stock’s high valuation and market competition pose risks. The company’s strategic growth initiatives and cautious optimism in guidance further enhance its stock potential.

To see Spark’s full report on PFGC stock, click here.

More about Performance Food Group

Performance Food Group is a leading food and foodservice distribution company in North America, with over 150 locations. It serves more than 300,000 locations, including restaurants, schools, healthcare facilities, and retailers. Headquartered in Richmond, Virginia, PFG is a Fortune 100 company with a focus on delivering quality food and related products.

Average Trading Volume: 1,269,486

Technical Sentiment Signal: Strong Buy

Current Market Cap: $13.45B

Find detailed analytics on PFGC stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App