NASDAQ:PPCPilgrim's Pride Stock Price, Forecast & News

Pilgrim's Pride's stock was trading at $18.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PPC stock has decreased by 17.0% and is now trading at $15.27.
View which stocks have been most impacted by Coronavirus.

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

Pilgrim's Pride is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Pilgrim's Pride.

Pilgrim's Pride Co. (NASDAQ:PPC) announced its quarterly earnings results on Wednesday, July, 29th. The company reported ($0.02) EPS for the quarter, missing the Zacks' consensus estimate of $0.11 by $0.13. The business had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.93 billion. Pilgrim's Pride had a return on equity of 7.89% and a net margin of 2.24%. The firm's revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.69 EPS.
View Pilgrim's Pride's earnings history.

Pilgrim's Pride announced that its Board of Directors has initiated a stock repurchase program on Wednesday, October 31st 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its stock is undervalued.

6 Wall Street analysts have issued 12-month target prices for Pilgrim's Pride's stock. Their forecasts range from $19.00 to $32.00. On average, they anticipate Pilgrim's Pride's share price to reach $25.00 in the next year. This suggests a possible upside of 63.7% from the stock's current price.
View analysts' price targets for Pilgrim's Pride.

Media coverage about PPC stock has trended very positive recently, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pilgrim's Pride earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days.
View the latest news about Pilgrim's Pride.

Pilgrim's Pride saw a increase in short interest in July. As of July 31st, there was short interest totaling 2,460,000 shares, an increase of 11.8% from the July 15th total of 2,200,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 4.9% of the shares of the stock are short sold.
View Pilgrim's Pride's Current Options Chain.

Some companies that are related to Pilgrim's Pride include Mondelez International (MDLZ), General Mills (GIS), Hershey (HSY), Hormel Foods (HRL), MCCORMICK & CO /SH (MKC), Kellogg (K), Tyson Foods (TSN), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Flowers Foods (FLO), Lancaster Colony (LANC), Hain Celestial Group (HAIN) and Seaboard (SEB).
View all competitors.

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), Pampa Energia (PAM), OI (OIBR), Vedanta Resources (VED), General Electric (GE), Micron Technology (MU), Alibaba Group (BABA), Cisco Systems (CSCO) and NVIDIA (NVDA).

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

Pilgrim's Pride's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include LSV Asset Management (1.91%), Pinnacle Wealth Planning Services Inc. (0.27%), First Trust Advisors LP (0.20%), Foundry Partners LLC (0.15%), Mackay Shields LLC (0.09%) and Principal Financial Group Inc. (0.06%). 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.

PPC stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Mackay Shields LLC, NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., Principal Financial Group Inc., Russell Investments Group Ltd., Vident Investment Advisory LLC, and Vident Investment Advisory LLC. Company insiders that have sold Pilgrim's Pride company stock in the last year include Fabio Sandri, and Jayson Penn.
View insider buying and selling activity for Pilgrim's Pride.

PPC stock was purchased by a variety of institutional investors in the last quarter, including Pinnacle Wealth Planning Services Inc., First Trust Advisors LP, LSV Asset Management, Strs Ohio, Denali Advisors LLC, New England Research & Management Inc., SG Americas Securities LLC, and Foundry Partners LLC.
View insider buying and selling activity for 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.

One share of PPC stock can currently be purchased for approximately $15.27.

Pilgrim's Pride has a market capitalization of $3.73 billion and generates $11.41 billion in revenue each year. The company earns $455.92 million in net income (profit) each year or $1.62 on an earnings per share basis. Pilgrim's Pride employs 31,900 workers across the globe.

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

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]