Ultime notizie per Performance Food Gr (NYSE:PFGC) Azioni

PERFORMANCE FOOD GROUP CO

Performance Food Gr

Performance Food Group Co , markets and distributes national and company-branded food and food-related products. The company also specializes in distributing candy, snacks, beverages, cigarettes, other tobacco products, health and beauty care products and other items to vending distributors, box retailers, theaters, convenience stores, drug stores, grocery stores, travel providers, and hospitality providers. The company has three reportable segments: Foodservice, Vistar, and Convenience.

Performance Food Group

Despite the attention and positive news from Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46350022/amazon-prime-day-1-sales-roar-to-7-9-billion-shoppers-slam-website-with-traffic-up-50">regarding Prime Day</a>, the stock&#8217;s shares are little changed on Friday. But that may not be the case for long.
The shares are testing the top of their recent trading range. We have selected Amazon as our Stock of the Day because if the top of this range is broken, a large move higher may follow.
You can see on the chart that levels around $217.50 were support for Amazon back in December and January. When the stock rallied, the buyers were happy.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="566" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11151955/amzn-1024x566.png" alt="" class="wp-image-982410" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11151955/amzn-1024x566.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11151955/amzn-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11151955/amzn-768x424.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/11151955/amzn.png 1473w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
But in February, the support broke and the price fell below it. When this happened, some of the people who bought regretted their decisions to do so. Many vowed to hold onto their losing positions, but they also decided that if they could eventually do so, they would sell at a breakeven point.
Read Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/07/46368613/3-stocks-to-sell-now-that-trumps-big-beautiful-bill-is-law">3 Stocks To Sell Now That Trump&#8217;s Big Beautiful Bill Is Law</a>
As a result, when the stock finally rallied back to this level in June, they placed sell orders. This large concentration of sellers caused resistance to form at the same price that had previously been support.
In late June, the buyers finally overpowered these sellers, and the resistance was broken.
When this happened, some of those who had sold decided that their decision to do so was a mistake. Some of them vowed to buy their shares back if they could eventually acquire them at the same price they had sold them for.
The large number of these remorseful sellers placing buy orders at the level that had been resistance turned it into a support level. This is the bottom of the recent range.
The top of the range has been around $224, and it&#8217;s currently being tested. There are a large number of sellers around this price. If this resistance is broken, it will be a sign that the sellers are gone. They have finished or canceled their orders.
With this large supply of stock out of the market, new buyers may have to push the price higher to acquire shares. This could form a new uptrend.
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Mexico's digital banking industry is gaining momentum, and Plata, a fast-emerging fintech player, is making waves with its debut bond issuance. Targeting $120 million (with the potential to scale up to $200 million) marks a turning point for a company transitioning from a credit card issuer to a full-fledged digital bank. For us, it's a chance to tap into the growth of financial inclusion in Latin America's second-largest economy. But with high rewards come risks we must note, as usual. So, here's what we need to know about Plata and its latest move.
<h2 class="wp-block-heading">From Credit Cards to Banking: Evolution of Plata</h2>
Plata started in 2023 as a credit card issuer, focusing on Mexico's underbanked population. A segment that makes up roughly 60% of the country's 130 million people. By December 2024, Plata secured a banking license from Mexican regulators, a game-changer that allows it to issue loans directly from its balance sheet and, starting in 2026, accept deposits upon meeting specific conditions. The change has undoubtedly expanded the company&#8217;s scope of activity and its revenue potential.
The company's flagship product, the Plata Card, offers an average credit limit of $10,000 at interest rates exceeding 30%, targeting small loans averaging $200 per customer. With 1.5 million cardholders by mid-2025, Plata has built a diversified portfolio designed to be manageable for its target market. Backed by $450 million in equity financing, including a hefty 70% stake from Baring Fintech Private Equity Americas Fund, Plata also boasts a management team with roots from Tinkoff Bank. This is a fintech known for its innovative, customer-first approach. For a more convenient analogy, this business model is very similar to that used by the American bank Capital One. It allow customers to manage their finances entirely through digital channels, from opening an account to investing, without visiting branches. Most services are digitally oriented.
<h2 class="wp-block-heading">The Bond Offering: Terms and Appeal</h2>
Plata's bond issuance introduces a three-year, senior unsecured note featuring a callable structure, designed to stimulate its growth ambitions. The offering begins at $120 million, with the flexibility to expand to $200 million, indicating confidence in its market reception. The bond carries a tenor of three years, with call options kicking in after 18 months at 106% of par value, gradually declining to 101% near maturity, signaling the issuer's optimism about achieving early repayment as the business scales. Initially marketed with a 16% coupon rate, investor demand briefly pushed expectations toward 12%. Though the final rate is anticipated to stabilize between 15% and 16%, paid semi-annually, which underlines the bond's high yield potential, stemming from Mexico's emerging market dynamics and Plata's nascent stage.
A put option further enhances its appeal, allowing bondholders to exit at 101% if a change of control occurs, providing a safety net against ownership uncertainties. While this structure attracts yield-hungry investors, liquidity poses a challenge, as the minimum trading lot of $125,000 and settlement through a Norwegian central securities depository—linked to Euroclear via Scandinavian banks—may restrict secondary market activity.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="494" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11141724/image-2-12-1024x494.png" alt="" class="wp-image-15684" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11141724/image-2-12-1024x494.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11141724/image-2-12-300x145.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11141724/image-2-12-768x371.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11141724/image-2-12.png 1179w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">The slide was created by author&#8217;s team for this article.</figcaption></figure>
<h2 class="wp-block-heading">Financial Snapshot: Growth at a Cost</h2>
Plata's financials reflect the classic fintech tradeoff: heavy upfront investment for long-term gains. The company has burned through $260 million of its $450 million equity raise over three years, a planned cash burn to fuel customer acquisition and technology development. Despite this, Plata's loan portfolio yields a net contribution margin of around 2%, and it's on track to break even by Q2 2028.
Credit quality is improving, too. In June 2023, 33% of new cardholders defaulted after their first payment—a steep learning curve. By 2025, sharper underwriting has slashed non-performing loans (NPLs) to 15%, a manageable level given the 70% gross yield on its products. With an equity ratio projected at 22%, Plata's capital cushion looks robust for a growth-stage bank.
<h2 class="wp-block-heading">Mexico's Underbanked Opportunity</h2>
Mexico's banking sector is ripe for disruption. Traditional banks have been slow to serve the underbanked, leaving room for digital players like Plata to step in. Leveraging an app-only platform and rapid credit card delivery, Plata follows successful footsteps of Tinkoff's or the more well-known Capital One model, adapted for Mexico's unique market. The company's IT backbone, partly based in Cyprus at the upscale Trinity building, underscores its tech-driven approach. 
Competition is intensifying, with established banks and other fintechs vying for the same customers. Yet Plata's early traction—1.5 million users in two years—and its focus on small, accessible loans give it an edge. If it can scale while keeping NPLs in check, Plata could capture a sizable slice of this underserved market.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="492" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11140215/image-2-10-1024x492.png" alt="" class="wp-image-15681" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11140215/image-2-10-1024x492.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11140215/image-2-10-300x144.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11140215/image-2-10-768x369.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/07/11140215/image-2-10.png 1179w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">The slide was created by author&#8217;s team for this article.</figcaption></figure>
<h2 class="wp-block-heading">Potential Risks to Note</h2>
The allure of high yields comes with significant uncertainties, given Plata's short operational history and heavy reliance on rapid expansion. The company faces potential threats from Mexico's economic volatility. The currency fluctuations and macroeconomic instability could erode profitability. The risk of regulatory shifts in banking or fintech that might upend its business model. Credit risk remains a concern, as a surge in possible defaults could pressure its balance sheet despite recent improvements in loan performance, while the bond's modest $120 million size and reliance on a Norwegian depository could deter some investors and limit liquidity in the secondary market.
Nevertheless, Plata's credibility is bolstered by its backers at Baring Fintech. A firm with a successful track record supporting companies like Kaspi and Revolut, which lends a degree of reassurance. Additionally, the bond's flexible structure, with call and put options, helps mitigate some of these risks. It offer both the issuer and investors strategic adaptability in navigating this high-stakes venture.
<h2 class="wp-block-heading">The Verdict: A High-Yield Play with Caveats</h2>
Plata's bond debut is a pretty good entry point into Mexico's digital banking surge. A 15-16% yield is hard to ignore, especially with a clear path to profitability and strong equity support. For investors comfortable with emerging market risk, it's an opportunity to support a fintech with it big digital potential in a market begging for innovation.
But look first, then leap as some say. Thin liquidity and credit uncertainties mean this isn't a casual investment. Those considering it, should weigh the upside—growth in an underbanked hotspot—against the downside of a young bank in a pretty volatile region. For the right portfolio, Plata's bonds could be a calculated win. Just don't expect an easy ride.

Fintech news covering the emerging Financial Technology services sector

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Whales with a lot of money to spend have taken a noticeably bearish stance on Freeport-McMoRan.
Looking at options history for Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) we detected 27 trades.
If we consider the specifics of each trade, it is accurate to state that 14% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 12 are puts, for a total amount of $762,015 and 15, calls, for a total amount of $2,458,512.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $35.0 and $50.0 for Freeport-McMoRan, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Freeport-McMoRan options trades today is 3844.0 with a total volume of 21,782.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Freeport-McMoRan's big money trades within a strike price range of $35.0 to $50.0 over the last 30 days.
<h3>Freeport-McMoRan Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1752260494_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/15/25</td>
<td>$1.28</td>
<td>$1.16</td>
<td>$1.22</td>
<td>$49.00</td>
<td>$1.0M</td>
<td>2.7K</td>
<td>10.0K</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$7.1</td>
<td>$6.85</td>
<td>$6.85</td>
<td>$40.00</td>
<td>$342.5K</td>
<td>9.6K</td>
<td>517</td>
</tr>
<tr>
<td>FCX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$2.34</td>
<td>$2.29</td>
<td>$2.31</td>
<td>$46.00</td>
<td>$231.0K</td>
<td>3.4K</td>
<td>26</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$2.37</td>
<td>$2.3</td>
<td>$2.5</td>
<td>$44.00</td>
<td>$200.0K</td>
<td>0</td>
<td>1.6K</td>
</tr>
<tr>
<td>FCX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$2.36</td>
<td>$2.15</td>
<td>$2.39</td>
<td>$44.00</td>
<td>$191.2K</td>
<td>0</td>
<td>800</td>
</tr>
</tbody>
</table>

<h3>About Freeport-McMoRan</h3>
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.2 million metric tons of copper (its share) in 2024, making it the one of the world's largest copper miners by volume. It also sold about 900,000 ounces of gold, mostly from Grasberg, and 70 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2024. We expect it to sell similar amounts of copper midcycle in 2029, though we expect gold volumes to decline to about 700,000 ounces then due to falling production at Grasberg.
After a thorough review of the options trading surrounding Freeport-McMoRan, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Freeport-McMoRan's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 10,046,256, the FCX's price is down by -1.96%, now at $46.28. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 12 days.</li>
</ul>
<h3>What The Experts Say On Freeport-McMoRan</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $52.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Scotiabank continues to hold a Sector Outperform rating for Freeport-McMoRan, targeting a price of $52. 
&#x2A; An analyst from Stifel has revised its rating downward to Buy, adjusting the price target to $56. 
&#x2A; An analyst from Citigroup persists with their Neutral rating on Freeport-McMoRan, maintaining a target price of $48. 
&#x2A; In a positive move, an analyst from Scotiabank has upgraded their rating to Sector Outperform and adjusted the price target to $48. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Freeport-McMoRan, targeting a price of $56. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Freeport-McMoRan with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

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