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

Pilgrim's Pride (NASDAQ:PPC - Get Free Report) is anticipated to issue its Q1 2025 quarterly 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 0.4 %

PPC stock traded down $0.21 during midday trading on Monday, hitting $53.34. 168,314 shares of the company's stock were exchanged, compared to its average volume of 1,131,029. Pilgrim's Pride has a one year low of $33.67 and a one year high of $57.16. The stock's fifty day moving average price is $52.54 and its 200-day moving average price is $49.94. The company has a market cap of $12.66 billion, a PE ratio of 11.68 and a beta of 0.63. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.31 and a current ratio of 2.01.

Pilgrim's Pride Increases Dividend

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on PPC. BMO Capital Markets raised their price objective 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. Santander initiated coverage on Pilgrim's Pride in a research report on Wednesday, March 5th. They issued a "neutral" rating on the stock. Finally, StockNews.com downgraded Pilgrim's Pride from a "strong-buy" rating to a "buy" rating in a report on Sunday, March 2nd. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average 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.