Pilgrim's Pride Corp

Pilgrim's Pride Corp Stock Forecast & Price Prediction

Live Pilgrim's Pride Corp Stock (PPC) Price
$51.61

7

Ratings

  • Buy 1
  • Hold 5
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$51.61

P/E Ratio

12.46

Volume Traded Today

$556,600

Dividend

$2.75

52 Week High/low

55.50/25.51

Pilgrim's Pride Corp Market Cap

$12.26B

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PPC Summary

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.

PPC Analyst Ratings

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.

PPC stock forecast by analyst

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

PPC Company Information

What They Do: Produces and distributes chicken and pork products.

Business Model: The company operates by producing, processing, marketing, and distributing a wide range of fresh, frozen, and value-added chicken and pork products. It generates revenue through sales to retailers, distributors, foodservice operators, and export markets, providing everything from whole chickens to processed meats and plant-based protein offerings.

Other Information: Founded in 1946 and headquartered in Greeley, Colorado, the company markets its products under various brands including Pilgrim's and Just BARE. It has a global presence with operations in the U.S., U.K., Mexico, and several other international markets, and it is a subsidiary of JBS S.A.
PPC
Pilgrim's Pride Corp (PPC)

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

Pilgrim's Pride Corp (PPC) Financial Data

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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$17.36B

0.00 %
From Previous Year
  • Revenue TTM $18.03B
  • Operating Margin TTM 11.5%
  • Gross profit TTM $1.12B
  • Return on assets TTM 9.1%
  • Return on equity TTM 27.0%
  • Profit Margin 5.5%
  • Book Value Per Share 17.73%
  • Market capitalisation $12.26B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $17.36B
  • EPS this year (TTM) $4.15

Pilgrim's Pride Corp (PPC) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Mon, 18 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 19 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Mon, 04 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Mon, 04 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

...

PPC Frequently asked questions

The highest forecasted price for PPC is $51 from at .

The lowest forecasted price for PPC is $38 from Kenneth Zaslow from BMO Capital

The PPC analyst ratings consensus are 1 buy ratings, 5 hold ratings, and 1 sell ratings.