Somewhat Favorable News Coverage Somewhat Unlikely to Affect Pinnacle Foods (PF) Stock Price
Headlines about Pinnacle Foods (NYSE:PF) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pinnacle Foods earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.2371178719743 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- Pinnacle Foods (PF) Shares Cross Above 200 DMA (nasdaq.com)
- Swings under Technical Examination: Venator Materials PLC (NYSE:VNTR), Pinnacle Foods Inc. (NYSE:PF) – Investing News Update (investingbizz.com)
- Pinnacle Foods Inc. (NYSE:PF) – Glowing Stock’s Review – Nasdaq Journal (press release) (nasdaqjournal.com)
- ETFs with exposure to Pinnacle Foods, Inc. : November 29, 2017 (finance.yahoo.com)
- Pinnacle Foods, Inc. – Value Analysis (NYSE:PF) : November 29, 2017 (finance.yahoo.com)
A number of equities analysts have issued reports on the stock. BidaskClub upgraded shares of Pinnacle Foods from a “sell” rating to a “hold” rating in a research report on Friday, August 18th. UBS restated a “buy” rating and issued a $65.00 price objective on shares of Pinnacle Foods in a research report on Monday, August 28th. Zacks Investment Research upgraded shares of Pinnacle Foods from a “hold” rating to a “buy” rating and set a $64.00 price objective on the stock in a research report on Tuesday, October 17th. Credit Suisse Group decreased their price objective on shares of Pinnacle Foods from $65.00 to $64.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 4th. Finally, Buckingham Research decreased their price objective 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. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Pinnacle Foods currently has an average rating of “Buy” and an average target price of $64.25.
Pinnacle Foods (NYSE:PF) last announced its quarterly earnings results on Thursday, October 26th. The company reported $0.58 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.58. Pinnacle Foods had a net margin of 5.65% and a return on equity of 14.63%. The company had revenue of $749.80 million for the quarter, compared to analysts’ expectations of $753.10 million. During the same quarter in the previous year, the company earned $0.53 earnings per share. Pinnacle Foods’s quarterly revenue was down 1.2% on a year-over-year basis. equities analysts anticipate that Pinnacle Foods will post 2.55 EPS for the current year.
About Pinnacle Foods
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.
Receive News & Stock Ratings for Pinnacle Foods Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pinnacle Foods Inc. and related stocks with our FREE daily email newsletter.