Pinnacle Foods (PF) to Release Quarterly Earnings on Wednesday

Pinnacle Foods (NYSE:PF) is set to announce its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.94 per share for the quarter.

Shares of Pinnacle Foods (PF) opened at $58.54 on Wednesday. Pinnacle Foods has a 1 year low of $52.81 and a 1 year high of $66.67. The stock has a market cap of $6,970.00, a P/E ratio of 39.55, a P/E/G ratio of 2.61 and a beta of 0.34. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.81 and a current ratio of 1.80.

A number of analysts recently issued reports on PF shares. Zacks Investment Research upgraded shares of Pinnacle Foods from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a research report on Tuesday, October 17th. Buckingham Research decreased their target price on shares of Pinnacle Foods from $68.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, October 27th. Credit Suisse Group decreased their target price on shares of Pinnacle Foods from $64.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday, October 27th. Finally, JPMorgan Chase & Co. raised their target price on shares of Pinnacle Foods from $63.00 to $64.00 and gave the stock an “overweight” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $64.91.

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Pinnacle Foods Company Profile

Pinnacle Foods Inc is a manufacturer, marketer and distributor of branded food products in North America. The Company operates through four segments: Frozen segment, the Grocery segment, the Boulder segment and the Specialty segment. Its products are sold through supermarkets, grocery wholesalers and distributors, mass merchandisers, super centers, convenience stores, dollar stores, drug stores and warehouse clubs in the United States and Canada, as well as in military channels and foodservice locations.

Earnings History for Pinnacle Foods (NYSE:PF)

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