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
Stock Exchange NASDAQ
Industry Poultry slaughtering & processing
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Current SymbolNASDAQ:PPC
Previous Symbol
CUSIP72147K10
Phone970-506-8000
Debt
Debt-to-Equity Ratio1.11
Current Ratio1.73
Quick Ratio0.83
Price-To-Earnings
Trailing P/E Ratio6.76
Forward P/E Ratio12.61
P/E GrowthN/A
Sales & Book Value
Annual Sales$10.77 billion
Price / Sales0.45
Cash Flow$4.0560 per share
Price / Cash4.82
Book Value$8.30 per share
Price / Book2.36
Profitability
EPS (Most Recent Fiscal Year)$2.89
Net Income$694.57 million
Net Margins3.53%
Return on Equity22.95%
Return on Assets7.38%
Miscellaneous
Employees51,300
Outstanding Shares248,980,000
Market Cap$4.81 billion
OptionableOptionable
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 permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 4.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.
How were Pilgrim's Pride's earnings last quarter?
Pilgrim's Pride Co. (NASDAQ:PPC) posted its earnings results on Wednesday, October, 31st. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by $0.34. The company earned $2.70 billion during the quarter, compared to analyst estimates of $2.72 billion. Pilgrim's Pride had a net margin of 3.53% and a return on equity of 22.95%. The firm's revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.98 EPS. View Pilgrim's Pride's Earnings History.
When is Pilgrim's Pride's next earnings date?
What price target have analysts set for PPC?
5 brokerages have issued twelve-month price objectives for Pilgrim's Pride's shares. Their predictions range from $20.00 to $27.00. On average, they anticipate Pilgrim's Pride's share price to reach $24.75 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price. View Analyst Price Targets for Pilgrim's Pride.
What is the consensus analysts' recommendation for Pilgrim's Pride?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pilgrim's Pride in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pilgrim's Pride.
Has Pilgrim's Pride been receiving favorable news coverage?
Press coverage about PPC stock has trended neutral recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pilgrim's Pride earned a daily sentiment score of 0.1 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of Pilgrim's Pride's key competitors?
Some companies that are related to Pilgrim's Pride include KERRY Grp PLC/S (KRYAY), WOLTERS KLUWER/ADR (WTKWY), Church & Dwight (CHD), Molson Coors Brewing (TAP), CARLSBERG AS/S (CABGY), J M Smucker (SJM), Conagra Brands (CAG), Coca-Cola FEMSA (KOF), Lamb Weston (LW), Campbell Soup (CPB), COCA-COLA HBC A/ADR (CCHGY), George Weston (WNGRF), SWATCH Grp AG/ADR (SWGAY), DAVIDE CAMPARI-/S (DVDCY) and WANT WANT CHINA/ADR (WWNTY).
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, Principal Accounting Officer (Age 46)
- Flavio Malnarcic, Chief Financial Officer
- James J. Miner Ph.D., Sr. VP of Technical Services (Age 88)
- Mr. Dunham Winoto, Director of Investor Relations
Who are Pilgrim's Pride's major shareholders?
Pilgrim's Pride's stock is owned by a number of of retail and institutional investors. Top institutional investors include LSV Asset Management (4.27%), JPMorgan Chase & Co. (1.17%), JPMorgan Chase & Co. (1.17%), BlackRock Inc. (1.06%), AQR Capital Management LLC (0.97%) and Canada Pension Plan Investment Board (0.50%). Company insiders that own Pilgrim's Pride stock include Michael L Cooper and William W Lovette. View Institutional Ownership Trends for Pilgrim's Pride.
Which institutional investors are selling Pilgrim's Pride stock?
PPC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Prudential Financial Inc., Los Angeles Capital Management & Equity Research Inc., Allianz Asset Management GmbH, James Investment Research Inc., Bank of Montreal Can, Aperio Group LLC and Martingale Asset Management L P. View Insider Buying and Selling for Pilgrim's Pride.
Which institutional investors are buying Pilgrim's Pride stock?
PPC stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, JPMorgan Chase & Co., JPMorgan Chase & Co., Canada Pension Plan Investment Board, Russell Investments Group Ltd., FMR LLC, Renaissance Technologies LLC and Wells Fargo & Company MN. 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 $19.55.
How big of a company is Pilgrim's Pride?
Pilgrim's Pride has a market capitalization of $4.81 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.
What is Pilgrim's Pride's official website?
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)
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.
