Pinnacle Foods (PF) Scheduled to Post Quarterly Earnings on Wednesday

Pinnacle Foods (NYSE:PF) is scheduled to issue its quarterly earnings data 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 (NYSE PF) opened at $58.48 on Tuesday. The company has a market capitalization of $6,960.00, a price-to-earnings ratio of 39.51, a PEG ratio of 2.62 and a beta of 0.34. Pinnacle Foods has a 52 week low of $52.81 and a 52 week high of $66.67. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.80 and a quick ratio of 0.81.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Tuesday, February 27th will be paid a $0.325 dividend. The ex-dividend date is Monday, February 26th. This represents a $1.30 annualized dividend and a dividend yield of 2.22%. Pinnacle Foods’s dividend payout ratio (DPR) is currently 87.84%.

PF has been the subject of several research reports. Buckingham Research lowered their target price on Pinnacle Foods from $68.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, October 27th. Credit Suisse Group set a $67.00 target price on Pinnacle Foods and gave the company a “buy” rating in a research note on Wednesday, January 10th. Zacks Investment Research raised Pinnacle Foods from a “sell” rating to a “hold” rating in a research note on Friday. Finally, JPMorgan Chase & Co. lifted their target price on Pinnacle Foods from $63.00 to $64.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $64.91.

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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.

Earnings History for Pinnacle Foods (NYSE:PF)

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