About Pilgrim's Pride (NASDAQ:PPC)
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. It also provides prepared chicken products comprising portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts. The company sells its products to the foodservice market that includes chain restaurants, food processors, broad-line distributors, and other institutions; and retail market, which comprises primarily grocery store chains, wholesale clubs, and other retail distributors. It also exports its products the Middle East, Asia, the Commonwealth of Independent States, and other countries, as well as France, Puerto Rico, and the Netherlands. The company was founded in 1946 and is headquartered in Greeley, Colorado. Pilgrim's Pride Corporation is a subsidiary of JBS S.A.
Industry, Sector and Symbol
Industry Poultry slaughtering & processing
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
SymbolNASDAQ:PPC
CUSIP72147K10
Phone970-506-8000
Debt
Debt-to-Equity Ratio1.29
Current Ratio1.80
Quick Ratio0.94
Price-To-Earnings
Trailing P/E Ratio7.35
Forward P/E Ratio6.99
P/E GrowthN/A
Sales & Book Value
Annual Sales$10.77 billion
Price / Sales0.49
Cash Flow$4.0075 per share
Price / Cash5.30
Book Value$7.46 per share
Price / Book2.85
Profitability
EPS (Most Recent Fiscal Year)$2.89
Net Income$694.57 million
Net Margins6.84%
Return on Equity44.25%
Return on Assets13.35%
Miscellaneous
Employees51,300
Outstanding Shares248,980,000
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 were Pilgrim's Pride's earnings last quarter?
Pilgrim's Pride Co. (NASDAQ:PPC) posted its quarterly earnings results on Thursday, May, 10th. The company reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. The firm earned $2.75 billion during the quarter, compared to analysts' expectations of $2.65 billion. Pilgrim's Pride had a return on equity of 44.25% and a net margin of 6.84%. The business's revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.38 earnings per share. View Pilgrim's Pride's Earnings History.
When is Pilgrim's Pride's next earnings date?
What price target have analysts set for PPC?
7 Wall Street analysts have issued 12 month price targets for Pilgrim's Pride's shares. Their forecasts range from $25.00 to $32.00. On average, they expect Pilgrim's Pride's share price to reach $29.00 in the next year. View Analyst Ratings for Pilgrim's Pride.
Are investors shorting Pilgrim's Pride?
Pilgrim's Pride saw a decrease in short interest in the month of May. As of May 15th, there was short interest totalling 9,645,705 shares, a decrease of 23.7% from the April 30th total of 12,647,297 shares. Based on an average daily volume of 1,660,683 shares, the short-interest ratio is presently 5.8 days. Currently, 18.3% of the shares of the stock are sold short.
Who are some of Pilgrim's Pride's key competitors?
Some companies that are related to Pilgrim's Pride include Hershey (HSY), Coca-Cola European Partners (CCE), Hormel Foods (HRL), KERRY Grp PLC/S (KRYAY), Clorox (CLX), Wolters Kluwer (WTKWY), Conagra Brands (CAG), SWATCH Grp AG/ADR (SWGAY), Molson Coors Brewing Co Class B (TAP), McCormick & Company (MKC), CARLSBERG AS/S (CABGY), COCA-COLA HBC A/ADR (CCHGY), Newell Brands (NWL), Tingyi (Cayman Islands) (TCYMF) and Church & Dwight (CHD).
Who are Pilgrim's Pride's key executives?
Pilgrim's Pride's management team includes the folowing people:
- Mr. William W. Lovette, Pres, CEO & Director (Age 58)
- Mr. Fabio Sandri, CFO & Principal Accounting Officer (Age 46)
- James J. Miner Ph.D., Sr. VP of Technical Services (Age 88)
- Mr. Dunham Winoto, Director of Investor Relations
- Mr. Laston Charriez, Head of Marketing
Has Pilgrim's Pride been receiving favorable news coverage?
News coverage about PPC stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pilgrim's Pride earned a media sentiment score of 0.15 on Accern's scale. They also assigned media headlines about the company an impact score of 46.46 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Pilgrim's Pride's major shareholders?
Pilgrim's Pride's stock is owned by many different of institutional and retail investors. Top institutional investors include LSV Asset Management (4.24%), BlackRock Inc. (1.07%), JPMorgan Chase & Co. (1.00%), Dimensional Fund Advisors LP (0.39%), Prudential Financial Inc. (0.37%) and Personal Capital Advisors Corp (0.30%). 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 JPMorgan Chase & Co., Prudential Financial Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH, Victory Capital Management Inc., Origin Asset Management LLP, KBC Group NV and UBS Group AG. View Insider Buying and Selling for Pilgrim's Pride.
Which major investors are buying Pilgrim's Pride stock?
PPC stock was bought by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Mackay Shields LLC, Old Mutual Global Investors UK Ltd., Guggenheim Capital LLC, LSV Asset Management, Hussman Strategic Advisors Inc., Schroder Investment Management Group and A.R.T. Advisors LLC. 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, Scottrade, Fidelity and Charles Schwab.
What is Pilgrim's Pride's stock price today?
One share of PPC stock can currently be purchased for approximately $21.24.
How big of a company is Pilgrim's Pride?
Pilgrim's Pride has a market capitalization of $5.29 billion and generates $10.77 billion in revenue each year. The company earns $694.57 million in net income (profit) each year or $2.89 on an earnings per share basis. Pilgrim's Pride employs 51,300 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 company can be reached via phone at 970-506-8000 or via email at [email protected]
MarketBeat Community Rating for Pilgrim's Pride (PPC)
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.
