About Pilgrim's Pride Corporation (NASDAQ:PPC)
Pilgrim's Pride Corporation is a retail feed store. It is a producer and seller of chicken with operations in the United States, Mexico and Puerto Rico. It is engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken products to retailers, distributors and foodservice operators. It offers a range of products to its customers through national and international distribution channels. Its fresh chicken products consist of refrigerated (non-frozen) whole chickens, whole cut-up chickens and selected chicken parts that are either marinated or non-marinated. Its prepared chicken products include ready-to-cook and individually frozen chicken parts, strips, nuggets and patties, some of which are either breaded or non-breaded and either marinated or non-marinated. As of December 25, 2016, the Company marketed its portfolio of fresh, prepared and value-added chicken products across the United States, Mexico and in approximately 80 other countries.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Animal Slaughtering & Processing
- Sub-Industry: Packaged Foods & Meats
- Symbol: NASDAQ:PPC
- CUSIP: 72147K10
- Web: www.pilgrims.com
- Market Cap: $7.37302 billion
- Outstanding Shares: 248,752,000
- 50 Day Moving Avg: $29.05
- 200 Day Moving Avg: $25.44
- 52 Week Range: $17.15 - $30.57
Sales & Book Value:
- Trailing P/E Ratio: 15.42
- Foreward P/E Ratio: 10.73
- P/E Growth: -1.70
- Annual Revenue: $8.21 billion
- Price / Sales: 0.93
- Book Value: $4.82 per share
- Price / Book: 6.34
- EBITDA: $1 billion
- Net Margins: 6.05%
- Return on Equity: 49.65%
- Return on Assets: 14.88%
- Debt-to-Equity Ratio: 1.16%
- Current Ratio: 1.82%
- Quick Ratio: 0.84%
- Average Volume: 1.32 million shs.
- Beta: 0.14
- Short Ratio: 13.62
Frequently Asked Questions for Pilgrim's Pride Corporation (NASDAQ:PPC)
What is Pilgrim's Pride Corporation's stock symbol?
Pilgrim's Pride Corporation trades on the NASDAQ under the ticker symbol "PPC."
How were Pilgrim's Pride Corporation's earnings last quarter?
Pilgrim's Pride Corporation (NASDAQ:PPC) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.94 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.11. The business earned $2.25 billion during the quarter, compared to analyst estimates of $2.28 billion. Pilgrim's Pride Corporation had a return on equity of 49.65% and a net margin of 6.05%. Pilgrim's Pride Corporation's quarterly revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.60 EPS. View Pilgrim's Pride Corporation's Earnings History.
When will Pilgrim's Pride Corporation make its next earnings announcement?
Where is Pilgrim's Pride Corporation's stock going? Where will Pilgrim's Pride Corporation's stock price be in 2017?
5 brokers have issued 1 year target prices for Pilgrim's Pride Corporation's shares. Their forecasts range from $21.00 to $27.00. On average, they anticipate Pilgrim's Pride Corporation's share price to reach $24.00 in the next year. View Analyst Ratings for Pilgrim's Pride Corporation.
Who are some of Pilgrim's Pride Corporation's key competitors?
Some companies that are related to Pilgrim's Pride Corporation include Conagra Brands (CAG), Campbell Soup Company (CPB), McCormick & Company, Incorporated (MKC), Swatch Group AG (SWGAY), Coty (COTY), Church & Dwight Company (CHD), J.M. Smucker Company (The) (SJM), BRF S.A. (BRFS), Aramark (ARMK), Ingredion Incorporated (INGR), Campari Group (DVDCY), Lamb Weston Holdings (LW), Pinnacle Foods (PF), Spectrum Brands Holdings (SPB), Service Corporation International (SCI), Post Holdings (POST), Glanbia Plc ADR (GLAPY) and Blue Buffalo Pet Products (BUFF).
Who are Pilgrim's Pride Corporation's key executives?
Pilgrim's Pride Corporation's management team includes the folowing people:
- Gilberto Tomazoni, Chairman of the Board
- William W. Lovette, President, Chief Executive Officer, Director
- Tarek Mohamed Noshy Nasr Mohamed Farahat, Director
- Denilson Molina, Director
- Andre Nogueira de Souza, Director
- David E. Bell Ph.D, Independent Director
- Michael L. Cooper, Independent Director
Who owns Pilgrim's Pride Corporation stock?
Who bought Pilgrim's Pride Corporation stock? Who is buying Pilgrim's Pride Corporation stock?
How do I buy Pilgrim's Pride Corporation stock?
Shares of Pilgrim's Pride Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pilgrim's Pride Corporation's stock price today?
MarketBeat Community Rating for Pilgrim's Pride Corporation (NASDAQ PPC)MarketBeat's community ratings are surveys of what our community members think about Pilgrim's Pride Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Pilgrim's Pride Corporation stock can currently be purchased for approximately $30.57.
Consensus Ratings for Pilgrim's Pride Corporation (NASDAQ:PPC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.20)|
|Consensus Price Target: ||$24.00 (21.49% downside)|Consensus Price Target History for Pilgrim's Pride Corporation (NASDAQ:PPC)
Analysts' Ratings History for Pilgrim's Pride Corporation (NASDAQ:PPC)
(Data available from 10/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/6/2017||Jefferies Group LLC||Reiterated Rating||Hold||$25.00 -> $27.00||N/A|
|9/5/2017||Vertical Group||Downgrade||Buy -> Hold||Low|
|9/5/2017||Vertical Research||Downgrade||Buy -> Hold||High|
|8/25/2017||BMO Capital Markets||Reiterated Rating||Hold -> Hold||$24.00||Low|
|5/25/2016||Deutsche Bank AG||Downgrade||Buy -> Hold||$30.55||N/A|
|5/25/2016||BB&T Corporation||Downgrade||Buy -> Hold||N/A|
Earnings History for Pilgrim's Pride Corporation (NASDAQ:PPC)Earnings History by Quarter for Pilgrim's Pride Corporation (NASDAQ PPC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.83||$0.94||$2.28 billion||$2.25 billion||View||Listen|
|5/3/2017||Q1 2017||$0.40||$0.38||$2.04 billion||$2.02 billion||View||Listen|
|2/8/2017||Q4 2016||$0.39||$0.30||$1.94 billion||$1.91 billion||View||Listen|
|10/26/2016||Q3||$0.51||$0.40||$2.04 billion||$2.03 billion||View||N/A|
|7/27/2016||Q2||$0.64||$0.58||$2.02 billion||$2.03 billion||View||N/A|
|4/27/2016||Q116||$0.42||$0.46||$1.96 billion||$1.96 billion||View||N/A|
|2/10/2016||Q4||$0.40||$0.26||$1.99 billion||$1.96 billion||View||Listen|
|10/28/2015||Q3||$0.72||$0.58||$2.21 billion||$2.11 billion||View||Listen|
|7/30/2015||Q215||$0.89||$0.94||$2.24 billion||$2.05 billion||View||Listen|
|4/29/2015||Q115||$0.78||$0.82||$2.08 billion||$2.05 billion||View||N/A|
|2/11/2015||Q414||$0.79||$0.74||$2.21 billion||$2.11 billion||View||N/A|
|10/29/2014||Q314||$0.79||$0.99||$2.24 billion||$2.27 billion||View||N/A|
|7/31/2014||Q214||$0.62||$0.73||$2.20 billion||$2.19 billion||View||N/A|
|4/30/2014||Q114||$0.38||$0.38||$1.99 billion||$2.00 billion||View||N/A|
|2/20/2014||Q413||$0.49||$0.55||$2.09 billion||$2.05 billion||View||N/A|
|10/30/2013||Q313||$0.58||$0.62||$2.22 billion||$2.14 billion||View||N/A|
|8/1/2013||Q2 2013||$0.57||$0.74||$2.18 billion||$2.18 billion||View||Listen|
|5/3/2013||Q1 2013||$0.20||$0.21||$2.02 billion||$2.04 billion||View||Listen|
|2/14/2013||Q4 2012||($0.06)||$0.09||$1.95 billion||$2.19 billion||View||Listen|
|10/26/2012||Q312||$0.06||$0.17||$1.95 billion||$2.07 billion||View||N/A|
Earnings Estimates for Pilgrim's Pride Corporation (NASDAQ:PPC)
Current Year EPS Consensus Estimate: $2.6 EPS
Next Year EPS Consensus Estimate: $2.85 EPS
Dividend History by Quarter for Pilgrim's Pride Corporation (NASDAQ PPC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Pilgrim's Pride Corporation (NASDAQ:PPC)
Insider Ownership Percentage: 78.81%Insider Trades by Quarter for Pilgrim's Pride Corporation (NASDAQ:PPC)
Institutional Ownership Percentage: 24.33%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/23/2015||Fabio Sandri||CFO||Sell||25,400||$27.55||$699,770.00|| |
|2/20/2015||Fabio Sandri||CFO||Sell||30,657||$27.57||$845,213.49|| |
|2/20/2015||William W Lovette||CEO||Sell||90,690||$27.56||$2,499,416.40|| |
|11/4/2014||William W Lovette||CEO||Sell||24,250||$30.30||$734,775.00|| |
|8/6/2014||Fabio Sandri||CFO||Sell||30,000||$29.02||$870,600.00|| |
|8/6/2013||Michael Cooper||Director||Sell||10,432||$18.46||$192,574.72|| |
|5/14/2013||Michael L Cooper||Director||Sell||30,000||$11.41||$342,300.00|| |
|11/16/2012||Wesley Mendonca Batista||Director||Buy||455,269||$6.00||$2,731,614.00|| |
|11/2/2012||David E Bell||Director||Buy||2,000||$5.64||$11,280.00|| |
Headline Trends for Pilgrim's Pride Corporation (NASDAQ:PPC)
Latest Headlines for Pilgrim's Pride Corporation (NASDAQ:PPC)
Pilgrim's Pride Corporation (PPC) Chart for Thursday, October, 19, 2017