NASDAQ:PPC Pilgrim's Pride - PPC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Pilgrim's Pride Co. Please log in to your account or sign up in order to add this asset to your watchlist. $22.47 +0.36 (+1.63%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$22.21▼$22.7350-Day Range$21.34▼$26.1752-Week Range$20.85▼$34.66Volume456,733 shsAverage Volume878,689 shsMarket Capitalization$5.31 billionP/E Ratio7.32Dividend YieldN/APrice Target$29.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Pilgrim's Pride MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside29.1% Upside$29.00 Price TargetShort InterestBearish8.38% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.64Based on 5 Articles This WeekInsider TradingSelling Shares$366,350 Sold Last QuarterProj. Earnings Growth77.88%From $1.13 to $2.01 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.54 out of 5 starsConsumer Staples Sector29th out of 136 stocksPoultry Slaughtering & Processing Industry2nd out of 4 stocks 3.2 Analyst's Opinion Consensus RatingPilgrim's Pride has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.00, Pilgrim's Pride has a forecasted upside of 29.1% from its current price of $22.47.Amount of Analyst CoveragePilgrim's Pride has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.38% of the float of Pilgrim's Pride has been sold short.Short Interest Ratio / Days to CoverPilgrim's Pride has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pilgrim's Pride has recently increased by 0.61%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldPilgrim's Pride does not currently pay a dividend.Dividend GrowthPilgrim's Pride does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PPC. Previous Next 2.6 News and Social Media Coverage News SentimentPilgrim's Pride has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Pilgrim's Pride this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for PPC on MarketBeat in the last 30 days. This is a decrease of -91% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Pilgrim's Pride to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pilgrim's Pride insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $366,350.00 in company stock.Percentage Held by Insiders80.36% of the stock of Pilgrim's Pride is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 16.81% of the stock of Pilgrim's Pride is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Pilgrim's Pride are expected to grow by 77.88% in the coming year, from $1.13 to $2.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pilgrim's Pride is 7.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Pilgrim's Pride is 7.32, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.96.Price to Earnings Growth RatioPilgrim's Pride has a PEG Ratio of 3.28. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPilgrim's Pride has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Pilgrim's Pride (NASDAQ:PPC) StockPilgrim'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. Pilgrim and Aubrey Pilgrim on October 2, 1946, and is headquartered in Greeley, CO.Read More Receive PPC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pilgrim's Pride and its competitors with MarketBeat's FREE daily newsletter. Email Address PPC Stock News HeadlinesMarch 27, 2023 | cnn.comFlorida Panthers’ Staal brothers are latest NHL stars to refuse Pride jerseys, citing ‘religious beliefs’March 25, 2023 | latimes.comPuritan's Pride Coupon March 2023March 30, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 23, 2023 | msn.comPilgrim's Pride files to sell mix of securitiesMarch 22, 2023 | finance.yahoo.comPilgrim's Pride Corporation (PPC)March 19, 2023 | travel.usnews.comCarnival PrideMarch 19, 2023 | thestreet.comWhy Hillshire Brands (HSH) Stock Hit a One-Year High Today (Update)March 2, 2023 | benzinga.comGrabar Law Office Investigates Claims on Behalf of Pilgrim's Pride Corp. (PPC) ShareholdersMarch 30, 2023 | Weiss Ratings (Ad)Fed's Shocking New Plan to Control Your MoneyThe Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. February 16, 2023 | finance.yahoo.comPILGRIM'S PRIDE CORPORATION ANNOUNCES EXPIRATION AND RESULTS OF ITS REGISTERED EXCHANGE OFFERS FOR ANY AND ALL OF ITS OUTSTANDING 4.250% SUSTAINABILITY-LINKED SENIOR NOTES DUE 2031 AND 3.500% SENIOR NOTES DUE 2032February 10, 2023 | finanznachrichten.dePilgrim's Pride Corporation: Pilgrim's Pride Reports Fourth Quarter and Year-End 2022 ResultsFebruary 9, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Materials Stocks: Pilgrim’s Pride (PPC) and DuPont de Nemours (DD)February 9, 2023 | finance.yahoo.comPilgrim’s Pride Surges as Consumers Swap Beef for Cheap ChickenFebruary 9, 2023 | finance.yahoo.comPilgrim's Pride underestimated U.S. meat supplies, hurting earningsFebruary 8, 2023 | msn.comPilgrim's Pride Non-GAAP EPS of -$0.49 misses by $0.39, revenue of $4.13B beats by $100MFebruary 8, 2023 | finance.yahoo.comPilgrim’s Pride Reports Fourth Quarter and Year-End 2022 ResultsJanuary 28, 2023 | hk.finance.yahoo.comGlobal Pork Market 2023 - 2028: Players Include JBS, Tyson Foods, Pilgrim's Pride and Danish CrownJanuary 17, 2023 | finance.yahoo.comPilgrim’s Pride Corporation to Host Year End 2022 Earnings Call on February 9, 2023December 29, 2022 | finance.yahoo.comPilgrim's Pride (PPC) Poised on Solid Performance & ExpansionsDecember 22, 2022 | seekingalpha.comPilgrim's Pride: Attractive Valuation In The Face Of A Tough 2023, Shares Nearing SupportDecember 22, 2022 | seekingalpha.comPilgrim's Pride: Positioned Well To Outperform SectorDecember 20, 2022 | thestreet.comPilgrim's Pride (PPC) Stock Falls Today After Suspected Bird Flu Case in ArkansasNovember 25, 2022 | finance.yahoo.comWhy Is Pilgrim's Pride (PPC) Up 12.7% Since Last Earnings Report?November 15, 2022 | finanznachrichten.dePilgrim's Pride Corporation: Pilgrim's Pride Reports Third Quarter 2022 Results with $4.47 Billion in Net Sales and Operating Income Margin of 7.6%November 8, 2022 | businesswire.comINVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Pilgrim’s Pride Corporation’s Directors and Officers for Breach of Fiduciary Duties – PPCNovember 5, 2022 | finance.yahoo.comJustice Department Launches Probe Into Poultry Companies' Payment Practices: ReportOctober 27, 2022 | apnews.comPilgrim’s Pride: Q3 Earnings SnapshotSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PPC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pilgrim's Pride and its competitors with MarketBeat's FREE daily newsletter. Email Address PPC Company Calendar Last Earnings2/09/2023Today3/29/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Poultry slaughtering & processing Sub-IndustryPackaged Foods & Meats SectorConsumer Staples Current SymbolNASDAQ:PPC CUSIP72147K10 CIK802481 Webwww.pilgrims.com Phone(970) 506-8000Fax302-655-5049Employees61,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$29.00 High Stock Price Forecast$36.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+29.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.07 Trailing P/E Ratio7.32 Forward P/E Ratio19.88 P/E Growth3.28Net Income$745.93 million Net Margins4.27% Pretax Margin5.87% Return on Equity28.55% Return on Assets8.69% Debt Debt-to-Equity Ratio1.11 Current Ratio1.51 Quick Ratio0.74 Sales & Book Value Annual Sales$17.47 billion Price / Sales0.30 Cash Flow$5.24 per share Price / Cash Flow4.29 Book Value$12.07 per share Price / Book1.86Miscellaneous Outstanding Shares236,470,000Free Float46,443,000Market Cap$5.31 billion OptionableOptionable Beta0.99 Key ExecutivesFábio SandriPresident & Chief Executive OfficerMatthew Robert GalvanoniChief Financial Officer & Accounting OfficerLisa BurdickHead-Human ResourcesKey CompetitorsTyson FoodsNYSE:TSNIndustrias BachocoNYSE:IBAPostNYSE:POSTLancaster ColonyNASDAQ:LANCCoca-Cola ConsolidatedNASDAQ:COKEView All CompetitorsInsiders & InstitutionsAcrisure Capital Management LLCBought 9,792 shares on 3/28/2023Ownership: 0.004%MetLife Investment Management LLCSold 943 shares on 3/23/2023Ownership: 0.012%Teachers Retirement System of The State of KentuckySold 4,300 shares on 2/22/2023Ownership: 0.003%Northwestern Mutual Wealth Management Co.Sold 935 shares on 2/21/2023Ownership: 0.005%Northwestern Mutual Investment Management Company LLCSold 2,402 shares on 2/21/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions PPC Stock - Frequently Asked Questions Should I buy or sell Pilgrim's Pride stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pilgrim's Pride in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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. What is Pilgrim's Pride's stock price forecast for 2023? 3 Wall Street research analysts have issued 12-month price targets for Pilgrim's Pride's shares. Their PPC share price forecasts range from $23.00 to $36.00. On average, they anticipate the company's stock price to reach $29.00 in the next year. This suggests a possible upside of 29.1% from the stock's current price. View analysts price targets for PPC or view top-rated stocks among Wall Street analysts. How have PPC shares performed in 2023? Pilgrim's Pride's stock was trading at $23.73 at the start of the year. Since then, PPC stock has decreased by 5.3% and is now trading at $22.47. View the best growth stocks for 2023 here. When is Pilgrim's Pride's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our PPC earnings forecast. How were Pilgrim's Pride's earnings last quarter? Pilgrim's Pride Co. (NASDAQ:PPC) issued its quarterly earnings results on Thursday, February, 9th. The company reported ($0.49) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.56. The firm had revenue of $4.13 billion for the quarter, compared to analyst estimates of $4.03 billion. Pilgrim's Pride had a trailing twelve-month return on equity of 28.55% and a net margin of 4.27%. The firm's revenue for the quarter was up 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.56 earnings per share. What ETFs hold Pilgrim's Pride's stock? 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). What is Fabio Sandri's approval rating as Pilgrim's Pride's CEO? 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. 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), 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). What is Pilgrim's Pride's stock symbol? Pilgrim's Pride trades on the NASDAQ under the ticker symbol "PPC." Who are Pilgrim's Pride's major shareholders? Pilgrim's Pride's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.08%), AQR Capital Management LLC (0.87%), Allspring Global Investments Holdings LLC (0.47%), Atlas FRM LLC (0.44%), Appian Way Asset Management LP (0.41%) and First Trust Advisors LP (0.39%). Insiders that own company stock include Fabio Sandri and Matthew R Galvanoni. View institutional ownership trends. How do I buy shares of Pilgrim's Pride? 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. What is Pilgrim's Pride's stock price today? One share of PPC stock can currently be purchased for approximately $22.47. How much money does Pilgrim's Pride make? Pilgrim's Pride (NASDAQ:PPC) has a market capitalization of $5.31 billion and generates $17.47 billion in revenue each year. The company earns $745.93 million in net income (profit) each year or $3.07 on an earnings per share basis. How many employees does Pilgrim's Pride have? The company employs 61,500 workers across the globe. How can I contact Pilgrim's Pride? 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. This page (NASDAQ:PPC) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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