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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pilgrim's Pride in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PPC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PPC, but not buy additional shares or sell existing shares.
View PPC analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 12-month target prices for Pilgrim's Pride's stock. Their PPC share price forecasts range from $23.00 to $28.00. On average, they predict the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 15.2% from the stock's current price.
View analysts price targets for PPC or view top-rated stocks among Wall Street analysts.

Pilgrim's Pride's stock was trading at $23.73 at the beginning of the year. Since then, PPC stock has decreased by 4.9% and is now trading at $22.57.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our PPC earnings forecast.

Pilgrim's Pride Co. (NASDAQ:PPC) posted its quarterly earnings data on Wednesday, April, 26th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.09. The company earned $4.17 billion during the quarter, compared to analysts' expectations of $4.11 billion. Pilgrim's Pride had a net margin of 2.71% and a trailing twelve-month return on equity of 18.83%. The firm's revenue for the quarter was down 1.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.18 EPS.

ETFs with the largest weight of Pilgrim's Pride (NASDAQ:PPC) stock in their portfolio include First Trust Consumer Staples AlphaDEX Fund (FXG), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Alpha Architect U.S. Quantitative Value ETF (QVAL), Invesco S&P MidCap 400 Pure Value ETF (RFV), Burney U.S. Factor Rotation ETF (BRNY), LeaderShares AlphaFactor US Core Equity ETF (LSAF), Invesco S&P MidCap 400 Revenue ETF (RWK) and Invesco Zacks Mid-Cap ETF (CZA).

25 employees have rated Pilgrim's Pride Chief Executive Officer Fabio Sandri on Glassdoor.com. Fabio Sandri has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), General Electric (GE), Intel (INTC), Cisco Systems (CSCO) and Walt Disney (DIS).

Pilgrim's Pride trades on the NASDAQ under the ticker symbol "PPC."

Pilgrim's Pride's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (1.91%), Dimensional Fund Advisors LP (1.14%), AQR Capital Management LLC (0.76%), Appian Way Asset Management LP (0.68%), State Street Corp (0.56%) and First Trust Advisors LP (0.51%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PPC stock can currently be purchased for approximately $22.57.

Pilgrim's Pride (NASDAQ:PPC) has a market capitalization of $5.34 billion and generates $17.47 billion in revenue each year. The company earns $745.93 million in net income (profit) each year or $1.94 on an earnings per share basis.

The company employs 61,500 workers across the globe.

Pilgrim's Pride's mailing address is 1770 PROMONTORY CIRCLE, GREELEY CO, 80634. The official website for the company is www.pilgrims.com. The company can be reached via phone at (970) 506-8000, via email at irppc@pilgrims.com, or via fax at 302-655-5049.