Based on ratings from 7 stock analysts, the Pilgrim's Pride Corp stock price is expected to decrease by 13.13% in 12 months. This is calculated by using the average 12-month stock price forecast for Pilgrim's Pride Corp. The lowest target is $38 and the highest is $51. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assigned PPC 1 buy ratings, 5 hold ratings, and 1 sell ratings. This means that analysts expect Pilgrim's Pride Corp to generate similar returns as the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PPC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PPC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Andrew Strelzik BMO Capital | Market Perform | $43 | Maintains | Nov 1, 2024 |
Duffy Fischer Barclays | Equal-Weight | $49 | Maintains | Nov 1, 2024 |
Pooran Sharma Stephens & Co. | Equal-Weight | $43 | Reinstates | Oct 3, 2024 |
Duffy Fischer Barclays | Equal-Weight | $45 | Maintains | Sep 9, 2024 |
John Staszak Argus Research | Buy | $55 | Maintains | Aug 28, 2024 |
Peter Galbo B of A Securities | Neutral | $47 | Downgrade | Aug 15, 2024 |
Andrew Strelzik BMO Capital | Market Perform | $46 | Downgrade | Aug 12, 2024 |
Duffy Fischer Barclays | Equal-Weight | $43 | Maintains | Aug 2, 2024 |
Andrew Strelzik BMO Capital | Outperform | $46 | Maintains | Aug 2, 2024 |
Duffy Fischer Barclays | Equal-Weight | $40 | Maintains | Jul 25, 2024 |
John Staszak Argus Research | Buy | $50 | Maintains | Jul 23, 2024 |
Peter Galbo B of A Securities | Buy | $42 | Maintains | Jul 10, 2024 |
John Staszak Argus Research | Buy | $41 | Initiates | Jun 18, 2024 |
Adam Samuelson Goldman Sachs | Neutral | $36 | Maintains | Apr 17, 2024 |
Duffy Fischer Barclays | Equal-Weight | $38 | Downgrade | Apr 16, 2024 |
Peter Galbo B of A Securities | Buy | $40 | Maintains | Apr 15, 2024 |
Adam Samuelson Goldman Sachs | Neutral | $32 | Maintains | Feb 27, 2024 |
Andrew Strelzik BMO Capital | Outperform | $35 | Maintains | Feb 27, 2024 |
Benjamin Theurer Barclays | Overweight | $35 | Maintains | Feb 27, 2024 |
Andrew Strelzik BMO Capital | Outperform | $28 | Upgrade | Jul 13, 2023 |
When did it IPO
1987
Staff Count
62,000
Country
United States
Sector/Industry
Consumer Defensive/Packaged Foods
CEO
Mr. Fabio Sandri
Market Cap
$12.26B
In 2023, PPC generated $17.36B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that PPC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Pilgrim's Pride is improving operational efficiency, diversifying, strengthening customer partnerships, innovating, and expanding its foodservice business.
Why It Matters - Pilgrim's Pride's focus on operational excellence and diversification signals potential for revenue growth and stability, enhancing its attractiveness to investors.
Summary - Zacks emphasizes its Rank system based on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.
Why It Matters - The emphasis on earnings estimates and revisions signals potential stock performance, while attention to value, growth, and momentum trends highlights investment opportunities and strategies.
Summary - Zacks Style Scores help investors identify top-rated stocks aligned with their investing style, providing a valuable tool for stock selection.
Why It Matters - Zacks Style Scores can help investors identify high-potential stocks aligned with their strategies, potentially enhancing portfolio performance and risk management.
Summary - PPC, BKNG, and ZIM were added to the Zacks Rank #1 (Strong Buy) growth stocks list on November 4, 2024.
Why It Matters - PPC, BKNG, and ZIM being ranked as Strong Buy by Zacks signals strong growth potential, attracting investor interest and potentially driving stock prices up.
Summary - VLRS, PPC, and BABA have been rated as Zacks Rank #1 (Strong Buy) value stocks as of November 4, 2024.
Why It Matters - VLRS, PPC, and BABA being ranked as Strong Buy indicates potential for significant price appreciation, attracting investors seeking undervalued stocks with strong growth prospects.
Summary - Pilgrim's Pride Corporation (PPC) held its Q3 2024 earnings call, discussing financial performance and operational updates. Further details on results and forecasts were provided.
Why It Matters - The Q3 2024 earnings call provides insights into Pilgrim's Pride's financial performance, affecting stock valuation, market sentiment, and strategic direction, crucial for investment decisions.