| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 14.3B | -4% |
| Gross Profit | 1.6B | -4% |
| Cost Of Revenue | 12.7B | -4% |
| Operating Income | 173.9MM | -20% |
| Operating Expenses | 1.4B | -2% |
| Net Income | 78.3MM | -35% |
| Amortization | 143.3MM | +11% |
| Interest Expense | 61.4MM | +9% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Invest in stocks such as Performance Food Group (PFGC), Wingstop (WING), Meta Platforms (META) and Arista Networks (ANET) for superb earning growth.
Performance Food (PFGC) could produce exceptional returns because of its solid growth attributes.
SpartanNash (SPTN) acquires Wisconsin's Metcalfe's Market, expanding its presence and retaining all employees, while enhancing product offerings and loyalty programs.
The heavy selling pressure might have exhausted for Performance Food (PFGC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Performance Food Group, Sprouts Farmers Market and Farmer Bros have been highlighted in this Industry Outlook article.
The Zacks Natural Foods Products industry players are benefiting from the increasing consumer preference for healthy food options and efficient pricing amid high operating costs. These upsides keep Performance Food (PFGC), Sprouts Farmers (SFM) and Farmer Bros. (FARM) well-placed.
In this piece, we will take a look at the 25 biggest food companies in the world by revenue. If you want to skip our coverage of the global food industry and recent events, then you can check out 5 Biggest Food Companies in the World by Revenue. Just like the oil industry, the food […]
These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But the truth is...
Q4 2023 Hyzon Motors Inc Earnings Call