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:
- Industry: Animal Slaughtering & Processing
- Sub-Industry: Packaged Foods & Meats
- Sector: Non-Cyclical Consumer Goods & Services
- Symbol: NASDAQ:PPC
- CUSIP: 72147K10
- Web: www.pilgrims.com
- Debt-to-Equity Ratio: 1.49%
- Current Ratio: 1.65%
- Quick Ratio: 0.81%
Sales & Book Value:
- Trailing P/E Ratio: 13.57
- Forward P/E Ratio: 12.28
- Annual Sales: $7.93112 billion
- Price / Sales: 1.10
- Cash Flow: $2.47 per share
- Price / Cash: 14.17
- Book Value: $3.57 per share
- Price / Book: 9.81
- Trailing EPS: $2.53
- Net Income: $440.53 million
- Net Margins: 7.03%
- Return on Equity: 53.62%
- Return on Assets: 15.66%
- Employees: 39,600
- Outstanding Shares: 248,750,000
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) announced its quarterly earnings results on Tuesday, November, 7th. The company reported $0.98 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.77 by $0.21. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.32 billion. Pilgrim's Pride Corporation had a net margin of 7.03% and a return on equity of 53.62%. The business's revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 earnings per share. 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?
6 brokerages have issued 12 month price targets for Pilgrim's Pride Corporation's shares. Their predictions range from $21.00 to $38.00. On average, they expect Pilgrim's Pride Corporation's share price to reach $30.75 in the next twelve months. 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 Clorox Company (The) (CLX), AmerisourceBergen Corporation (Holding Co) (ABC), Dr Pepper Snapple Group (DPS), Keurig Green Mountain (GMCR), Whole Foods Market (WFM), McCormick & Company, Incorporated (MKC), J.M. Smucker Company (The) (SJM), Coty (COTY), Brf S.A. (BRFS), Ingredion Incorporated (INGR), Bunge Limited (BG), Safeway (SWY), Lamb Weston Holdings (LW), Pinnacle Foods (PF), SodaStream International (SODA), Blue Buffalo Pet Products (BUFF), H&R Block (HRB) and Post Holdings (POST).
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 (Age 58)
- William W. Lovette, President, Chief Executive Officer, Director (Age 57)
- Tarek Mohamed Noshy Nasr Mohamed Farahat, Director (Age 52)
- Denilson Molina, Director
- Andre Nogueira de Souza, Director (Age 48)
- David E. Bell Ph.D, Independent Director (Age 67)
- Michael L. Cooper, Independent Director (Age 67)
Who owns Pilgrim's Pride Corporation stock?
Pilgrim's Pride Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.67%), First Trust Advisors LP (0.45%), Dimensional Fund Advisors LP (0.38%), Ameriprise Financial Inc. (0.32%), Prudential Financial Inc. (0.31%) and Cornerstone Capital Management Holdings LLC. (0.29%). View Institutional Ownership Trends for Pilgrim's Pride Corporation.
Who sold Pilgrim's Pride Corporation stock? Who is selling Pilgrim's Pride Corporation stock?
Pilgrim's Pride Corporation's stock was sold by a variety of institutional investors in the last quarter, including First Quadrant L P CA, Victory Capital Management Inc., Barings LLC, First Trust Advisors LP, Denali Advisors LLC, Allianz Asset Management GmbH, Stevens Capital Management LP and New York State Common Retirement Fund. View Insider Buying and Selling for Pilgrim's Pride Corporation.
Who bought Pilgrim's Pride Corporation stock? Who is buying Pilgrim's Pride Corporation stock?
Pilgrim's Pride Corporation's stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Schroder Investment Management Group, Prudential Financial Inc., Ameriprise Financial Inc., Davidson Kempner Capital Management LP, Robeco Institutional Asset Management B.V., 361 Capital LLC and DekaBank Deutsche Girozentrale. View Insider Buying and Selling for Pilgrim's Pride Corporation.
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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pilgrim's Pride Corporation's stock price today?
One share of Pilgrim's Pride Corporation stock can currently be purchased for approximately $35.01.
How big of a company is Pilgrim's Pride Corporation?
Pilgrim's Pride Corporation has a market capitalization of $8.82 billion and generates $7.93112 billion in revenue each year. The company earns $440.53 million in net income (profit) each year or $2.53 on an earnings per share basis. Pilgrim's Pride Corporation employs 39,600 workers across the globe.
How can I contact Pilgrim's Pride Corporation?
Pilgrim's Pride Corporation's mailing address is 1770 Promontory Cir, GREELEY, CO 80634-9039, United States. The company can be reached via phone at +1-970-5068000 or via email at [email protected]
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.
Analysts' Consensus Rating for Pilgrim's Pride Corporation (NASDAQ:PPC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 6 Hold Ratings, 0 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$30.75 (12.17% 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 11/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/16/2017||Jefferies Group LLC||Set Price Target||Hold||$32.00||N/A|
|11/10/2017||Morgan Stanley||Boost Price Target||Equal Weight||$30.00 -> $32.00||N/A|
|11/9/2017||BMO Capital Markets||Boost Price Target||Market Perform||$24.00 -> $38.00||N/A|
|10/31/2017||KeyCorp||Initiated Coverage||Sector Weight -> Hold||N/A|
|9/5/2017||Vertical Group||Downgrade||Buy -> Hold||Low|
|9/5/2017||Vertical Research||Downgrade||Buy -> Hold||High|
|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 and Estimates Chart 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|
|11/7/2017||Q3 2017||$0.77||$0.98||$2.32 billion||$2.79 billion||View||N/A|
|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)
2017 EPS Consensus Estimate: $0.57
2018 EPS Consensus Estimate: $2.97
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
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%
Institutional Ownership Percentage: 24.88%
Insider Trades by Quarter for Pilgrim's Pride Corporation (NASDAQ PPC)
(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|| |
Latest Headlines for Pilgrim's Pride Corporation (NASDAQ PPC)
Pilgrim's Pride Corporation (NASDAQ PPC) Chart for Monday, November, 20, 2017