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NASDAQ:PPC

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

$44.60
+1.03 (+2.36%)
(As of 10/4/2024 ET)

About Pilgrim's Pride Stock (NASDAQ:PPC)

Key Stats

Today's Range
$43.41
$44.65
50-Day Range
$40.37
$48.12
52-Week Range
$22.92
$49.07
Volume
1.64 million shs
Average Volume
885,932 shs
Market Capitalization
$10.57 billion
P/E Ratio
21.65
Dividend Yield
N/A
Price Target
$45.33
Consensus Rating
Hold

Company Overview

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.

Pilgrim's Pride Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
56th Percentile Overall Score

PPC MarketRank™: 

Pilgrim's Pride scored higher than 56% of companies evaluated by MarketBeat, and ranked 95th out of 145 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Pilgrim's Pride has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Pilgrim's Pride has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Pilgrim's Pride's stock forecast and price target.
  • Earnings Growth

    Earnings for Pilgrim's Pride are expected to remain at $4.79 per share in the coming year.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Pilgrim's Pride is 21.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.12.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Pilgrim's Pride is 21.65, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.55.

  • Price to Earnings Growth Ratio

    Pilgrim's Pride has a PEG Ratio of 0.21. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Pilgrim's Pride has a P/B Ratio of 3.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Pilgrim's Pride's valuation and earnings.
  • Percentage of Shares Shorted

    9.50% of the float of Pilgrim's Pride has been sold short.
  • Short Interest Ratio / Days to Cover

    Pilgrim's Pride has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Pilgrim's Pride has recently increased by 14.96%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Pilgrim's Pride does not currently pay a dividend.

  • Dividend Growth

    Pilgrim's Pride does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    9.50% of the float of Pilgrim's Pride has been sold short.
  • Short Interest Ratio / Days to Cover

    Pilgrim's Pride has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Pilgrim's Pride has recently increased by 14.96%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Pilgrim's Pride has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Pilgrim's Pride this week, compared to 4 articles on an average week.
  • Search Interest

    Only 9 people have searched for PPC on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • MarketBeat Follows

    Only 10 people have added Pilgrim's Pride to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Pilgrim's Pride insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,174,015.00 in company stock.

  • Percentage Held by Insiders

    82.63% of the stock of Pilgrim's Pride is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 16.64% of the stock of Pilgrim's Pride is held by institutions.

  • Read more about Pilgrim's Pride's insider trading history.

PPC Stock News Headlines

Source of fibre plant based vegan soya protein grilled burgers, meat free healthy food close up
Seize the Opportunity: Beyond Meat’s New Steak Could Spark Growth (PPC)
If the stock price of Beyond Meat Inc. (NASDAQ: BYND) is any indication, the plant-based meat boom has come and gone. What's next?
Pilgrim's Pride (NASDAQ:PPC) Coverage Initiated at Stephens
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Artificial Intelligence (AI) stocks are booming, and now is your chance to get in on the action — without breaking the bank! We’ve just uncovered 2 must-buy AI stocks trading for under $10/share, and they’re showing serious potential for growth.
Pilgrim's Pride (NASDAQ:PPC) Hits New 12-Month High - Here's Why
Pilgrim's Pride (NASDAQ:PPC) Sees Large Volume Increase
See More Headlines

PPC Stock Analysis - Frequently Asked Questions

Pilgrim's Pride's stock was trading at $27.66 on January 1st, 2024. Since then, PPC shares have increased by 61.2% and is now trading at $44.60.
View the best growth stocks for 2024 here
.

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

Pilgrim's Pride's top institutional investors include SG Americas Securities LLC (0.02%). Insiders that own company stock include Fabio Sandri and Matthew R Galvanoni.
View institutional ownership trends
.

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.

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).

Company Calendar

Last Earnings
7/31/2024
Today
10/05/2024
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
$45.33
High Stock Price Target
$55.00
Low Stock Price Target
$36.00
Potential Upside/Downside
+1.6%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$321.57 million
Pretax Margin
5.49%

Debt

Sales & Book Value

Annual Sales
$17.81 billion
Cash Flow
$3.63 per share
Book Value
$14.12 per share

Miscellaneous

Free Float
41,157,000
Market Cap
$10.57 billion
Optionable
Optionable
Beta
0.82

This page (NASDAQ:PPC) was last updated on 10/5/2024 by MarketBeat.com Staff
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