Featured Stock: Pinnacle Foods, Inc. (NYSE:PF)

earning reaction history

Pinnacle Foods, Inc. (NYSE:PF)

Jefferies Downgrades Pinnacle Foods, Inc. (NYSE:PF)’s stock to Hold with the price target of $68. This rating was issued on 10/16/18. The stock recently closed its previous session at $66.59 by showing a percentage change of 0.05% from its previous day closing price of $66.56.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Pinnacle Foods, Inc. (NYSE:PF) in which PiperJaffray Downgrades Pinnacle Foods, Inc. (NYSE:PF) to Neutral by settling a price target of $67.5 on 9/24/18. JP Morgan Downgrades the stock to Neutral on 8/03/18 with no specific Price Target. Buckingham Maintains the company’s stock to Neutral on 7/20/18 by setting a price target of $68. Stifel Nicolaus Downgrades Pinnacle Foods, Inc. (NYSE:PF) to Hold with a price target of $68.

Pinnacle Foods, Inc. (NYSE:PF) currently has a consensus Price Target of $67.54. While some analysts have a High Price target for the stock of $68 and a Low Price Target of $65.

Several sell side analysts reviewed their recommendations on Pinnacle Foods, Inc. (NYSE:PF) where 2 analyst have rated the stock as Strong Buy, 2 analysts said it’s a Buy, 9 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 2.69. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Pinnacle Foods, Inc. (NYSE:PF) reported its Actual EPS of $0.59/share. The analysts offering Earnings Estimates for the company were believing that Pinnacle Foods, Inc. (NYSE:PF) could bring EPS of $0.56/share. The difference between Actual EPS and Estimated EPS was 0.03 Percent. Thus the company showed an Earnings Surprise of 5.4 Percent.

Pinnacle Foods, Inc. (NYSE:PF) has a market capitalization of 7.93 Billion. The stock traded with the volume of 3.46 Million shares in the last trading session. The stock touched its high share price of $70.51 on 06/21/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 04/02/18 as $52.25. The company has a 1 Year high price target of $68.29. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of 1.71%. The Moving Average SMA50 is 0.63% while SMA200 is 7.05%.

Pinnacle Foods, Inc. (NYSE:PF) is currently showing its ROA (Return on Assets) of 9.3%. The Return on Investment (ROI) is at 6.9% while it’s Return on Equity (ROE) value stands at 26.3%. The stock currently shows its YTD (Year to Date) performance of 11.97 percent while its Weekly performance value is 0.71%. The Monthly and Yearly performances are 0.03 percent and 18.87 percent respectively. The Relative Volume value measured for Pinnacle Foods, Inc. (NYSE:PF) is 1.74. The Average Volume (3 months) is 1.99 Million.

The stock currently has its Annual Dividend of $1.3 and an annual Dividend Yield of 1.95 Percent. PF has P/E (Price to Earnings ttm) value of 29.64, Forward P/E of 20.92, P/C (Price to cash per share) of 98.37 and Price to Free Cash Flow (P/FCF) value of 31.17. The stock is showing its Operating Margin of 16.2 percent.

Company Profile:

Pinnacle Foods Inc. is a manufacturer, marketer and distributor of branded food products primarily in North America. The Company operates through three segments: the Birds Eye Frozen Division(R), the Duncan Hines Grocery Division(R) and the Specialty Foods Division(R). It also manufactures and distributes canned meat, shelf-stable pickles and frozen seafood. The Company sells its products through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centres, convenience stores, dollar stores, drug stores and warehouse clubs. Pinnacle Foods Inc. is headquartered in Parsippany, New Jersey.