Media coverage about Pinnacle Foods (NYSE:PF) has been trending somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pinnacle Foods earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.8074495441457 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- Pinnacle Foods Target of Unusually High Options Trading (PF) (americanbankingnews.com)
- Pinnacle Foods, Inc. (PF) to Issue Quarterly Dividend of $0.33 (americanbankingnews.com)
- Buyouts Aid Pinnacle Foods’ Growth, Specialty Unit a Worry – Nasdaq (nasdaq.com)
- Pinnacle Foods Inc. Declares Quarterly Dividend (finance.yahoo.com)
PF has been the topic of a number of analyst reports. Zacks Investment Research lowered Pinnacle Foods from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Credit Suisse Group reduced their price target on Pinnacle Foods from $64.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday, October 27th. Buckingham Research reduced their price target on Pinnacle Foods from $68.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, October 27th. UBS reaffirmed a “buy” rating and issued a $65.00 price target on shares of Pinnacle Foods in a research report on Monday, August 28th. Finally, BidaskClub raised Pinnacle Foods from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. Two investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Pinnacle Foods has an average rating of “Buy” and a consensus price target of $64.25.
Pinnacle Foods (PF) traded down $0.27 on Friday, hitting $56.69. The stock had a trading volume of 658,544 shares, compared to its average volume of 969,445. Pinnacle Foods has a fifty-two week low of $50.27 and a fifty-two week high of $66.67. The stock has a market cap of $6,779.16, a P/E ratio of 23.73, a P/E/G ratio of 2.79 and a beta of 0.33. The company has a current ratio of 1.80, a quick ratio of 0.81 and a debt-to-equity ratio of 1.49.
Pinnacle Foods (NYSE:PF) last released its quarterly earnings data on Thursday, October 26th. The company reported $0.58 EPS for the quarter, meeting analysts’ consensus estimates of $0.58. Pinnacle Foods had a return on equity of 14.63% and a net margin of 5.65%. The business had revenue of $749.80 million for the quarter, compared to the consensus estimate of $753.10 million. During the same quarter in the prior year, the business posted $0.53 EPS. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. analysts forecast that Pinnacle Foods will post 2.55 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Tuesday, December 19th will be issued a $0.325 dividend. The ex-dividend date of this dividend is Monday, December 18th. This represents a $1.30 dividend on an annualized basis and a dividend yield of 2.29%. Pinnacle Foods’s payout ratio is currently 87.84%.
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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.
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