Pilgrim's Pride (NASDAQ:PPC - Get Free Report) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $1.13 per share and revenue of $4.68 billion for the quarter. Parties that wish to register for the company's conference call can do so using this link.
Pilgrim's Pride Trading Up 0.9 %
PPC traded up $0.44 on Wednesday, hitting $47.70. The company had a trading volume of 940,760 shares, compared to its average volume of 945,781. The company has a market cap of $11.31 billion, a PE ratio of 11.52, a PEG ratio of 0.20 and a beta of 0.82. Pilgrim's Pride has a 12-month low of $26.52 and a 12-month high of $55.50. The company has a quick ratio of 1.27, a current ratio of 1.95 and a debt-to-equity ratio of 0.75. The business's fifty day simple moving average is $47.46 and its 200 day simple moving average is $46.33.
Wall Street Analyst Weigh In
Several analysts have issued reports on PPC shares. BMO Capital Markets raised their price objective on shares of Pilgrim's Pride from $42.00 to $43.00 and gave the stock a "market perform" rating in a research note on Friday, November 1st. Barclays raised their price objective on shares of Pilgrim's Pride from $45.00 to $49.00 and gave the stock an "equal weight" rating in a research note on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $45.50.
View Our Latest Research Report on Pilgrim's Pride
Pilgrim's Pride Company Profile
(
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Pilgrim's Pride Corp. engages in the production, processing, marketing, and distribution of fresh, frozen and value-added chicken and pork products to retailers, distributors, and foodservice operators. It operates through the following segments: U.S., U.K. and Europe, and Mexico. The company was founded by Lonnie A.
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