EPS for Pinnacle Foods Inc (PF) Expected At $0.58

October 13, 2017 - By wolcottdaily

 EPS for Pinnacle Foods Inc (PF) Expected At $0.58
Investors sentiment is 1.11 in Q2 2017. Its the same as in 2017Q1. It is the same, as 29 investors sold Pinnacle Foods Inc shares while 106 reduced holdings. only 53 funds opened positions while 97 raised stakes. 110.55 million shares or 1.67% less from 112.42 million shares in 2017Q1 were reported.
Franklin Res invested 0.06% of its portfolio in Pinnacle Foods Inc (NYSE:PF). Ubs Oconnor Ltd Limited Liability Company invested 0% of its portfolio in Pinnacle Foods Inc (NYSE:PF). Meeder Asset Mngmt has 7,066 shares. Prelude Management Lc invested in 0.01% or 2,413 shares. 16,940 are owned by Monarch Prtnrs Asset Limited Liability Corporation. Pittenger Anderson owns 1,000 shares for 0.01% of their portfolio. 1.57M are held by Goldman Sachs Group Inc. Jpmorgan Chase has 460,534 shares for 0.01% of their portfolio. Dimensional Fund Advsrs Ltd Partnership accumulated 1.40M shares or 0.04% of the stock. Ontario – Canada-based Toronto Dominion Natl Bank has invested 0.07% in Pinnacle Foods Inc (NYSE:PF). Moreover, Qs Investors Limited Company has 0.05% invested in Pinnacle Foods Inc (NYSE:PF). Royal Bancshares Of Canada holds 0% in Pinnacle Foods Inc (NYSE:PF) or 74,814 shares. 164,376 were reported by Parametric Port Associate Ltd. Janney Montgomery Scott Limited Co reported 0.02% stake. Hbk Limited Partnership reported 0.03% of its portfolio in Pinnacle Foods Inc (NYSE:PF).

Investors wait Pinnacle Foods Inc (NYSE:PF) to report on October, 26. its quarterly earnings Wall Street analysts expect $0.58 earnings per share, up $0.05 or 9.43 % from last year’s $0.53 same quarter earnings. This translates into $68.83M profit for PF giving the stock a 24.59 P/E. This is assuming the current $0.58 EPS is accurate. Pinnacle Foods Inc’s Wall Street analysts see 9.43 % EPS growth, taking into account the $0.53 EPS reproted in the previous quarter, The stock increased 0.46% or $0.26 during the last trading session, reaching $57.05. About 357,876 shares traded. Pinnacle Foods Inc (NYSE:PF) has risen 41.67% since October 13, 2016 and is uptrending. It has outperformed by 24.97% the S&P500.

Pinnacle Foods Inc (NYSE:PF) Ratings Coverage

Among 13 analysts covering Pinnacle Foods Inc (NYSE:PF), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Pinnacle Foods Inc had 26 analyst reports since October 19, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, September 29 by RBC Capital Markets. The rating was initiated by Piper Jaffray on Monday, January 9 with “Overweight”. The stock has “Buy” rating by Jefferies on Tuesday, April 11. On Tuesday, July 25 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Pinnacle Foods Inc (NYSE:PF) has “Neutral” rating given on Wednesday, February 24 by UBS. The stock of Pinnacle Foods Inc (NYSE:PF) has “Neutral” rating given on Monday, October 19 by Buckingham Research. The rating was upgraded by UBS on Monday, November 14 to “Buy”. BMO Capital Markets maintained the shares of PF in report on Monday, June 26 with “Buy” rating. As per Wednesday, February 15, the company rating was initiated by Deutsche Bank. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, October 4 report.

Pinnacle Foods Inc. is a manufacturer, marketer and distributor of branded food products in North America. The company has market cap of $6.77 billion. The Firm operates through four divisions: Frozen segment, the Grocery segment, the Boulder segment and the Specialty segment. It has a 37.24 P/E ratio. The Company’s 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.

More news for Pinnacle Foods Inc (NYSE:PF) were recently published by: Thestreet.com, which released: “Pepsico, Pinnacle Foods Likely to Kick Tires at Hain After Activist Takes Helm” on September 29, 2017. Nasdaq.com‘s article titled: “Pinnacle Foods Grows on Acquisitions Despite Industry Woes” and published on October 06, 2017 is yet another important article.

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