NASDAQ:PPC Pilgrim's Pride (PPC) Stock Forecast, Price & News $22.57 -0.31 (-1.35%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$22.42▼$22.8750-Day Range$21.51▼$23.7952-Week Range$20.59▼$33.96Volume387,175 shsAverage Volume784,211 shsMarket Capitalization$5.34 billionP/E Ratio11.63Dividend YieldN/APrice Target$26.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Pilgrim's Pride MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside15.2% Upside$26.00 Price TargetShort InterestHealthy5.67% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.31Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth90.65%From $1.07 to $2.04 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.2.45 out of 5 starsConsumer Staples Sector38th out of 132 stocksPoultry Slaughtering & Processing Industry2nd out of 4 stocks 2.2 Analyst's Opinion Consensus RatingPilgrim's Pride has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.00, Pilgrim's Pride has a forecasted upside of 15.2% from its current price of $22.57.Amount of Analyst CoveragePilgrim's Pride has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted5.67% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pilgrim's Pride has recently decreased by 8.91%, indicating that investor sentiment is improving significantly. 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 3.5 News and Social Media Coverage News SentimentPilgrim's Pride has a news sentiment score of 1.31. 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 0.73 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Pilgrim's Pride this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for PPC on MarketBeat in the last 30 days. This is a decrease of -87% compared to the previous 30 days.MarketBeat Follows1 people have added Pilgrim's Pride to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pilgrim's Pride insiders have not sold or bought any company stock.Percentage Held by Insiders82.70% 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 90.65% in the coming year, from $1.07 to $2.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pilgrim's Pride is 11.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Pilgrim's Pride is 11.63, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 14.18.Price to Earnings Growth RatioPilgrim's Pride has a PEG Ratio of 3.61. 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 1.87. 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 HeadlinesJune 7, 2023 | americanbankingnews.comPilgrim's Pride Co. (NASDAQ:PPC) Receives $26.00 Average Price Target from BrokeragesJune 6, 2023 | yahoo.comScott Pilgrim vs. The World's Production Designer on Building Edgar Wright's Frenetic MasterpieceJune 10, 2023 | Stansberry Research (Ad)Why 2023 Could Kick Off a "Cash Frenzy" in StocksBut the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.June 1, 2023 | msn.comAnalyst Expectations for Pilgrims Pride's FutureJune 1, 2023 | msn.comBarclays Maintains Pilgrim`s Pride (PPC) Overweight RecommendationJune 1, 2023 | americanbankingnews.comPilgrim's Pride (NASDAQ:PPC) Price Target Lowered to $27.00 at BarclaysJune 1, 2023 | markets.businessinsider.comBarclays Remains a Buy on Pilgrim’s Pride (PPC)May 31, 2023 | seekingalpha.comPilgrim's Pride: Still Not Cheap Enough To Justify Long ExposureJune 10, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 26, 2023 | finance.yahoo.comWhy Is Pilgrim's Pride (PPC) Up 5.2% Since Last Earnings Report?May 22, 2023 | americanbankingnews.comPilgrim's Pride (NASDAQ:PPC) Earns Hold Rating from Analysts at StockNews.comMay 18, 2023 | thestreet.comPilgrim’s Pride (PPC) Stock Jumps in After-Hours Trading on Q1 Earnings Beat, Special DividendMay 13, 2023 | americanbankingnews.comPilgrim's Pride Co. (NASDAQ:PPC) Receives Average Recommendation of "Hold" from AnalystsMay 1, 2023 | americanbankingnews.comPilgrim's Pride (NASDAQ:PPC) Price Target Lowered to $28.00 at BarclaysMay 1, 2023 | americanbankingnews.comPilgrim's Pride (NASDAQ:PPC) Upgraded at Bank of AmericaApril 29, 2023 | americanbankingnews.comPilgrim's Pride (NASDAQ:PPC) Sets New 52-Week Low at $20.59April 28, 2023 | seekingalpha.comPPC Pilgrim's Pride CorporationApril 28, 2023 | markets.businessinsider.comAnalyst Ratings for Pilgrims PrideApril 28, 2023 | msn.comPilgrim's Pride gains after Bank of America turns bullish againApril 27, 2023 | markets.businessinsider.comGoldman Sachs Reaffirms Their Hold Rating on Pilgrim’s Pride (PPC)April 27, 2023 | markets.businessinsider.comBarclays Reaffirms Their Buy Rating on Pilgrim’s Pride (PPC)April 27, 2023 | finanznachrichten.dePilgrim's Pride Corporation: Pilgrim's Pride Reports First Quarter 2023 Results with $4.2 Billion in Net Sales and Operating Income of $31.3 MillionApril 27, 2023 | msn.comPilgrim's Pride stock pops on earnings beatApril 27, 2023 | markets.businessinsider.comPilgrim's Pride Q1 Profit Down, Adj. EPS, Topline Beat ViewApril 26, 2023 | finance.yahoo.comPilgrim’s Pride Reports First Quarter 2023 Results with $4.2 Billion in Net Sales and Operating Income of $31.3 MillionApril 25, 2023 | markets.businessinsider.comHere's what to expect from Pilgrims Pride's earningsApril 25, 2023 | americanbankingnews.comPilgrim's Pride (PPC) Scheduled to Post Quarterly Earnings on WednesdaySee More Headlines PPC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PPC Company Calendar Last Earnings4/26/2023Today6/10/2023Next Earnings (Estimated)7/26/2023Fiscal 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$26.00 High Stock Price Forecast$28.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+15.2%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.94 Trailing P/E Ratio11.63 Forward P/E Ratio21.09 P/E Growth3.64Net Income$745.93 million Net Margins2.71% Pretax Margin3.83% Return on Equity18.83% Return on Assets5.81% Debt Debt-to-Equity Ratio1.10 Current Ratio1.53 Quick Ratio0.72 Sales & Book Value Annual Sales$17.47 billion Price / Sales0.31 Cash Flow$5.00 per share Price / Cash Flow4.51 Book Value$12.07 per share Price / Book1.87Miscellaneous Outstanding Shares236,730,000Free Float40,955,000Market Cap$5.34 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:LANCFlowers FoodsNYSE:FLOView All CompetitorsInsiders & InstitutionsBrandywine Global Investment Management LLCBought 86,430 shares on 5/25/2023Ownership: 0.057%Toroso Investments LLCBought 8,409 shares on 5/23/2023Ownership: 0.010%Ameriprise Financial Inc.Sold 1,889 shares on 5/22/2023Ownership: 0.026%JPMorgan Chase & Co.Bought 9,736 shares on 5/18/2023Ownership: 0.085%New York State Common Retirement FundSold 10,257 shares on 5/18/2023Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions PPC Stock - Frequently Asked Questions Should I buy or sell Pilgrim's Pride stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pilgrim's Pride in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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? 5 Wall Street research analysts have issued 12-month target prices for Pilgrim's Pride's stock. Their PPC share price forecasts range from $23.00 to $28.00. On average, they predict the company's stock price to reach $26.00 in the next year. This suggests a possible upside of 15.2% 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 beginning of the year. Since then, PPC stock has decreased by 4.9% and is now trading at $22.57. 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, July 26th 2023. View our PPC earnings forecast. How were Pilgrim's Pride's earnings last quarter? Pilgrim's Pride Co. (NASDAQ:PPC) posted its quarterly earnings data on Wednesday, April, 26th. The company reported $0.08 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.09. The company earned $4.17 billion during the quarter, compared to analysts' expectations of $4.11 billion. Pilgrim's Pride had a net margin of 2.71% and a trailing twelve-month return on equity of 18.83%. The firm's revenue for the quarter was down 1.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.18 EPS. 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (1.91%), Dimensional Fund Advisors LP (1.14%), AQR Capital Management LLC (0.76%), Appian Way Asset Management LP (0.68%), State Street Corp (0.56%) and First Trust Advisors LP (0.51%). 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 $22.57. How much money does Pilgrim's Pride make? Pilgrim's Pride (NASDAQ:PPC) has a market capitalization of $5.34 billion and generates $17.47 billion in revenue each year. The company earns $745.93 million in net income (profit) each year or $1.94 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. 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