Pilgrim's Pride (PPC) Expected to Announce Quarterly Earnings on Wednesday

Pilgrim's Pride (NASDAQ:PPC - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect Pilgrim's Pride to post earnings of $1.27 per share and revenue of $4.53 billion for the quarter.

Pilgrim's Pride Trading Down 0.8 %

Shares of PPC traded down $0.42 during mid-day trading on Friday, hitting $53.55. The company had a trading volume of 636,040 shares, compared to its average volume of 1,131,591. Pilgrim's Pride has a 1-year low of $33.67 and a 1-year high of $57.16. The business's 50-day simple moving average is $52.54 and its 200-day simple moving average is $49.87. The stock has a market cap of $12.71 billion, a PE ratio of 11.74 and a beta of 0.63. The company has a quick ratio of 1.31, a current ratio of 2.01 and a debt-to-equity ratio of 0.75.

Pilgrim's Pride Increases Dividend

The business also recently declared a special dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, April 3rd were issued a $6.30 dividend. The ex-dividend date of this dividend was Thursday, April 3rd. This is a positive change from Pilgrim's Pride's previous special dividend of $2.75.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on PPC shares. Santander assumed coverage on Pilgrim's Pride in a research report on Wednesday, March 5th. They issued a "neutral" rating on the stock. StockNews.com lowered Pilgrim's Pride from a "strong-buy" rating to a "buy" rating in a research note on Sunday, March 2nd. Finally, BMO Capital Markets increased their target price on shares of Pilgrim's Pride from $47.00 to $48.00 and gave the stock a "market perform" rating in a research report on Monday, March 17th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $48.40.

Pilgrim's Pride Company Profile

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.