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 interested in listening to the company's conference call can do so using this link.
Pilgrim's Pride Price Performance
Shares of PPC traded up $2.40 during trading hours on Friday, hitting $51.05. The stock had a trading volume of 1,302,111 shares, compared to its average volume of 921,735. Pilgrim's Pride has a 52 week low of $27.01 and a 52 week high of $55.50. The company's fifty day moving average is $47.36 and its two-hundred day moving average is $46.48. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.95 and a quick ratio of 1.27. The stock has a market capitalization of $12.10 billion, a price-to-earnings ratio of 12.33, a P/E/G ratio of 0.20 and a beta of 0.82.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on PPC shares. Barclays increased 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 report on Friday, November 1st. BMO Capital Markets increased 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 report on Friday, November 1st. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Pilgrim's Pride has an average rating of "Hold" and a consensus price target of $45.50.
Check Out Our Latest Stock Analysis on PPC
About Pilgrim's Pride
(
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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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