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

$29.09
-1.18 (-3.90 %)
(As of 10/17/2019 06:12 AM ET)
Today's Range
$28.93
Now: $29.09
$30.14
50-Day Range
$29.12
MA: $30.89
$32.01
52-Week Range
$14.83
Now: $29.09
$32.71
Volume809,378 shs
Average Volume1.08 million shs
Market Capitalization$7.25 billion
P/E Ratio22.73
Dividend YieldN/A
Beta0.75
Pilgrim's Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products in the United States, the United Kingdom, Europe, and Mexico. The company offers fresh chicken products, including pre-marinated or non-marinated refrigerated (nonfrozen) whole or cut-up chicken; and prepackaged case-ready chicken, such as whole chickens and chicken parts. Read More…

Industry, Sector and Symbol

Industry Poultry slaughtering & processing
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Current SymbolNASDAQ:PPC
CUSIP72147K10
Phone970-506-8000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.94 billion
Cash Flow$2.27 per share
Book Value$8.11 per share

Profitability

Net Income$247.94 million

Miscellaneous

Employees52,100
Market Cap$7.25 billion
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable

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Pilgrim's Pride (NASDAQ:PPC) Frequently Asked Questions

What is Pilgrim's Pride's stock symbol?

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

How will Pilgrim's Pride's stock buyback program work?

Pilgrim's Pride announced that its board has approved a stock buyback plan on Wednesday, October 31st 2018, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 4.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were Pilgrim's Pride's earnings last quarter?

Pilgrim's Pride Co. (NASDAQ:PPC) released its quarterly earnings data on Wednesday, July, 31st. The company reported $0.69 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.60 by $0.09. The company had revenue of $2.84 billion for the quarter, compared to analysts' expectations of $2.86 billion. Pilgrim's Pride had a return on equity of 15.58% and a net margin of 2.53%. The company's revenue for the quarter was up .2% on a year-over-year basis. During the same period last year, the firm posted $0.53 earnings per share. View Pilgrim's Pride's Earnings History.

When is Pilgrim's Pride's next earnings date?

Pilgrim's Pride is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Pilgrim's Pride.

How can I listen to Pilgrim's Pride's earnings call?

Pilgrim's Pride will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for PPC?

6 equities research analysts have issued 12-month price objectives for Pilgrim's Pride's shares. Their forecasts range from $19.00 to $36.00. On average, they anticipate Pilgrim's Pride's share price to reach $31.00 in the next year. This suggests a possible upside of 6.6% from the stock's current price. View Analyst Price Targets for Pilgrim's Pride.

What is the consensus analysts' recommendation for Pilgrim's Pride?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pilgrim's Pride in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pilgrim's Pride.

What are Wall Street analysts saying about Pilgrim's Pride stock?

Here are some recent quotes from research analysts about Pilgrim's Pride stock:
  • 1. According to Zacks Investment Research, "Pilgrim’s Pride, whose shares have outpaced the industry in the past year, is gaining from solid Prepared Foods business and focus on expansions. Also, the company has been expanding in the fresh food space, courtesy of solid consumer response. This apart, favorable chicken demand and efficient pricing in Mexico drove second-quarter 2019 results. Both earnings and sales grew year over year, backed by improved U.S. and Mexican market conditions. Moreover, cost of sales dropped and aided the gross margin. However, soft sales from European operations and escalated input costs in the region remained a worry, though efforts like the Key Customer strategy is helping the company mitigate these cost challenges. Stiff competition and rising demand for plant-based protein alternatives also pose threats." (10/1/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "Although we had significantly lowered our 4Q18 estimates earlier in the week, EBIT missed our below-the-Street estimate by ~28% because of a challenging environment (oversupply) in the US and higher grain costs in Europe. US retail chicken demand has improved over the past month; however, we remain sceptical about its sustainability given the abundance of competing protein supplies. As such, we remain cautious on NT industry fundamentals. 4Q18 EBIT significantly missed our already below-consensus estimates. 4Q18 net sales came in at ~$18M (or 1%) below our estimates but were in line with consensus. Consolidated gross margin of 4.2% was 150bp below our estimate and 170bp below consensus, resulting in gross profit missing our estimate by ~27% and consensus by ~29%. This was partially offset by lower SG&A/sales, which came in 90bp below our estimate and 150bp below consensus." (2/17/2019)

Has Pilgrim's Pride been receiving favorable news coverage?

News stories about PPC stock have trended very negative recently, according to InfoTrie. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Pilgrim's Pride earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Pilgrim's Pride.

Who are some of Pilgrim's Pride's key competitors?

What other stocks do shareholders of Pilgrim's Pride own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pilgrim's Pride investors own include Petrobras Argentina (PZE), Transportadora de Gas del Sur (TGS), Vedanta Resources (VED), OI (OIBR), Pampa Energia (PAM), Micron Technology (MU), VEON (VEON), YPF (YPF), General Electric (ge) and Teva Pharmaceutical Industries (TEVA).

Who are Pilgrim's Pride's key executives?

Pilgrim's Pride's management team includes the folowing people:
  • Mr. Fabio Sandri, Principal Accounting Officer (Age 47)
  • Mr. William W. Lovette, Strategic Advisor (Age 59)
  • Mr. Jayson Penn, CEO & Pres
  • Flavio Malnarcic, Chief Financial Officer
  • James J. Miner Ph.D., Sr. VP of Technical Services (Age 89)

Who are Pilgrim's Pride's major shareholders?

Pilgrim's Pride's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Northpointe Capital LLC (0.04%), Fulton Bank N.A. (0.01%), Pacer Advisors Inc. (0.01%), Verde Servicos Internacionais S.A. (0.00%) and State of Alaska Department of Revenue (0.00%). Company insiders that own Pilgrim's Pride stock include Fabio Sandri, Jayson Penn, Michael L Cooper and William W Lovette. View Institutional Ownership Trends for Pilgrim's Pride.

Which major investors are selling Pilgrim's Pride stock?

PPC stock was sold by a variety of institutional investors in the last quarter, including Fulton Bank N.A.. Company insiders that have sold Pilgrim's Pride company stock in the last year include Fabio Sandri, Jayson Penn and William W Lovette. View Insider Buying and Selling for Pilgrim's Pride.

Which major investors are buying Pilgrim's Pride stock?

PPC stock was purchased by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Northpointe Capital LLC, Verde Servicos Internacionais S.A. and State of Alaska Department of Revenue. View Insider Buying and Selling for Pilgrim's Pride.

How do I buy shares of Pilgrim's Pride?

Shares of PPC 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, Robinhood, Fidelity and Charles Schwab.

What is Pilgrim's Pride's stock price today?

One share of PPC stock can currently be purchased for approximately $29.09.

How big of a company is Pilgrim's Pride?

Pilgrim's Pride has a market capitalization of $7.25 billion and generates $10.94 billion in revenue each year. The company earns $247.94 million in net income (profit) each year or $1.28 on an earnings per share basis. Pilgrim's Pride employs 52,100 workers across the globe.View Additional Information About Pilgrim's Pride.

What is Pilgrim's Pride's official website?

The official website for Pilgrim's Pride is http://www.pilgrims.com/.

How can I contact Pilgrim's Pride?

Pilgrim's Pride's mailing address is 1770 PROMONTORY CIRCLE, GREELEY CO, 80634. The company can be reached via phone at 970-506-8000 or via email at [email protected]


MarketBeat Community Rating for Pilgrim's Pride (NASDAQ PPC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  329 (Vote Underperform)
Total Votes:  607
MarketBeat's community ratings are surveys of what our community members think about Pilgrim's Pride and other stocks. Vote "Outperform" if you believe PPC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PPC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/17/2019 by MarketBeat.com Staff

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