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NASDAQ:PPC

Pilgrim's Pride (PPC) Stock Price, News & Analysis

$45.27
-0.21 (-0.46%)
(As of 09/6/2024 ET)
Today's Range
$45.12
$46.02
50-Day Range
$37.92
$46.58
52-Week Range
$22.33
$47.44
Volume
870,314 shs
Average Volume
711,386 shs
Market Capitalization
$10.73 billion
P/E Ratio
21.98
Dividend Yield
N/A
Price Target
$45.40

Pilgrim's Pride MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
0.3% Upside
$45.40 Price Target
Short Interest
Bearish
6.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$3.17 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.34 out of 5 stars

Consumer Staples Sector

117th out of 136 stocks

Poultry Slaughtering & Processing Industry

2nd out of 2 stocks

PPC stock logo

About Pilgrim's Pride Stock (NASDAQ:PPC)

Pilgrim's Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators. The company offers fresh products, including refrigerated whole or cut-up chicken, selected chicken parts that are either marinated or non-marinated, primary pork cuts, added value pork, and pork ribs; and prepared products, which include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties, processed sausages, bacon, smoked meat, gammon joints, pre-packed meats, sandwich and deli counter meats and meat balls. It also provides plant-based protein offerings, ready-to-eat meals, multi-protein frozen foods, vegetarian foods and desserts. In addition, its exported products include whole chickens and chicken parts sold either refrigerated for distributors in the U.S. or frozen for distribution to export markets and primary pork cuts, hog heads, and trotters frozen for distribution to export markets. The company offers its products under the Pilgrim's, Just BARE, Gold'n Pump, Gold Kist, County Pride, Pierce Chicken, Pilgrim's Mexico, Savoro, To-Ricos, Del Dia, Moy Park, O'Kane, Richmond, Fridge Raiders, and Denny brands. It serves chain restaurants, food processors, broad-line distributors, and other institutions; and retail market, such as grocery store chains, wholesale clubs, and other retail distributors. It operates in the United States, the United Kingdom, Mexico, the Middle East, Asia, Continental Europe, and internationally. The company was founded in 1946 and is headquartered in Greeley, Colorado. Pilgrim's Pride Corporation operates as a subsidiary of JBS S.A.

PPC Stock Price History

PPC Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
LW Dec 2024 35.000 put
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
PPC Sep 2024 42.000 call
PPC Sep 2024 33.000 put
See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Today
9/07/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Poultry slaughtering & processing
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:PPC
CUSIP
72147K10
Employees
61,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.40
High Stock Price Target
$55.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+0.3%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$321.57 million
Pretax Margin
5.49%

Debt

Sales & Book Value

Annual Sales
$17.81 billion
Cash Flow
$3.41 per share
Book Value
$15.80 per share

Miscellaneous

Free Float
41,157,000
Market Cap
$10.73 billion
Optionable
Optionable
Beta
0.78
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Key Executives


PPC Stock Analysis - Frequently Asked Questions

How have PPC shares performed this year?

Pilgrim's Pride's stock was trading at $27.66 on January 1st, 2024. Since then, PPC shares have increased by 63.7% and is now trading at $45.27.
View the best growth stocks for 2024 here
.

How were Pilgrim's Pride's earnings last quarter?

Pilgrim's Pride Co. (NASDAQ:PPC) issued its quarterly earnings data on Wednesday, July, 31st. The company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.32 by $0.35. The company's revenue for the quarter was up 5.8% on a year-over-year basis.

What is Fabio Sandri's approval rating as Pilgrim's Pride's CEO?

25 employees have rated Pilgrim's Pride Chief Executive Officer Fabio Sandri on Glassdoor.com. Fabio Sandri has an approval rating of 69% among the company's employees.

Who are Pilgrim's Pride's major shareholders?

Pilgrim's Pride's top institutional investors include Dimensional Fund Advisors LP (1.32%), Thrivent Financial for Lutherans (0.76%), Van ECK Associates Corp (0.51%) and AQR Capital Management LLC (0.27%). Insiders that own company stock include Fabio Sandri and Matthew R Galvanoni.
View institutional ownership trends
.

How do I buy shares of Pilgrim's Pride?

Shares of PPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Pilgrim's Pride own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pilgrim's Pride investors own include Petrobras Argentina (PZE), Pampa Energía (PAM), Micron Technology (MU), Transportadora de Gas del Sur (TGS), Oi S.A. American Depositary Sha (OIBR), Vedanta Resources (VED) and General Electric (GE).

This page (NASDAQ:PPC) was last updated on 9/7/2024 by MarketBeat.com Staff

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