- Previous Close
43.01 - Open
43.01 - Bid 42.92 x 200
- Ask 43.14 x 100
- Day's Range
42.61 - 43.24 - 52 Week Range
22.33 - 47.44 - Volume
180,666 - Avg. Volume
1,059,457 - Market Cap (intraday)
10.203B - Beta (5Y Monthly) 0.82
- PE Ratio (TTM)
13.49 - EPS (TTM)
3.19 - Earnings Date Oct 23, 2024 - Oct 28, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date May 6, 2016
- 1y Target Est
44.20
Pilgrim's Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators. The company offers fresh products, including refrigerated whole or cut-up chicken, selected chicken parts that are either marinated or non-marinated, primary pork cuts, added value pork, and pork ribs; and prepared products, which include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties, processed sausages, bacon, smoked meat, gammon joints, pre-packed meats, sandwich and deli counter meats and meat balls. It also provides plant-based protein offerings, ready-to-eat meals, multi-protein frozen foods, vegetarian foods and desserts. In addition, its exported products include whole chickens and chicken parts sold either refrigerated for distributors in the U.S. or frozen for distribution to export markets and primary pork cuts, hog heads, and trotters frozen for distribution to export markets. The company offers its products under the Pilgrim's, Just BARE, Gold'n Pump, Gold Kist, County Pride, Pierce Chicken, Pilgrim's Mexico, Savoro, To-Ricos, Del Dia, Moy Park, O'Kane, Richmond, Fridge Raiders, and Denny brands. It serves chain restaurants, food processors, broad-line distributors, and other institutions; and retail market, such as grocery store chains, wholesale clubs, and other retail distributors. It operates in the United States, the United Kingdom, Mexico, the Middle East, Asia, Continental Europe, and internationally. The company was founded in 1946 and is headquartered in Greeley, Colorado. Pilgrim's Pride Corporation operates as a subsidiary of JBS S.A.
www.pilgrims.com62,400
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: PPC
View MorePerformance Overview: PPC
Trailing total returns as of 9/24/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: PPC
View MoreValuation Measures
Market Cap
10.20B
Enterprise Value
12.34B
Trailing P/E
13.48
Forward P/E
11.21
PEG Ratio (5yr expected)
0.49
Price/Sales (ttm)
0.57
Price/Book (mrq)
2.73
Enterprise Value/Revenue
0.69
Enterprise Value/EBITDA
7.76
Financial Highlights
Profitability and Income Statement
Profit Margin
4.25%
Return on Assets (ttm)
7.37%
Return on Equity (ttm)
22.21%
Revenue (ttm)
17.81B
Net Income Avi to Common (ttm)
756.65M
Diluted EPS (ttm)
3.19
Balance Sheet and Cash Flow
Total Cash (mrq)
1.32B
Total Debt/Equity (mrq)
92.34%
Levered Free Cash Flow (ttm)
992.22M
Research Analysis: PPC
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Research Reports: PPC
View MoreRaising target to $55 from $50
Pilgrim's Pride Corporation was founded in 1946 and produces, processes, and distributes fresh, frozen, and value-added chicken products to retailers, distributors, and food-service companies. It exports chicken products to about 120 countries, and operates a vertically integrated business model. This means that PPC controls almost all of its business operations, from raising livestock to distribution of final products. The company is broken down into three segments: 1) U.S., 2) U.K. and Europe, and 3) Mexico, with the U.S. segment being the largest in net sales. The company deals with poultry products in all segments, while it only deals with pork products in the U.K. Its two largest customers contributed just over an eighth of revenue. Across 14 U.S. states, the U.K., Puerto Rico, Mexico, and Europe, Pilgrim's operates 39 production facilities and 27 prepared foods facilities. Pilgrim's owns Moy Park, which is a poultry and prepared foods company in the U.K. and Europe, and Tulip Limited, a pork and prepared foods company in the U.K. Headquartered in Greeley, Colorado, the company has over 61,200 employees. Pilgrim's has a market cap of more than $10.7 billion.
RatingPrice TargetThe last trading week of August started with a mixed bag. On Monday (8/26/2024),
The last trading week of August started with a mixed bag. On Monday (8/26/2024), the Nasdaq and the Nasdaq 100 were dragged down from the start due to a tough day for semiconductors. The iShares Semiconductor ETF (SOXX) fell 2.5% and was sitting on short-term support from its 10- and 21-day exponential moving averages. The SOXX has had a big recovery since the August 5 intraday low, so it's not surprising that some anxiety was building. Discretionary also fell due to weakness in Tesla. Energy led the 11 S&P 500 sectors, as crude oil (WTI) bounced for a third day. Crude was back up to $77/barrel from a low last week of $71.46. The oil chart is a mess, with prices chopping around from the low $60s to the mid-$90s since the summer of 2022. Other sector strength was seen from the defensive Staples and Utilities groups, with minor gains in Materials, Financials, and Communication Services. A fair amount of people in the financial world have said that the S&P 500's almost full recovery from the pullback in the second half of July into early August has been too fast. But quick recoveries and 'V' bottoms generally are quite bullish and often lead to additional all-time highs. On the weekly charts, we had quick recoveries in the latter part of 2023 and in April/May of this year. And let's not forget the recovery from the pandemic, the recovery in early 2019, the recovery in 2014, and the several recoveries in 2012.
Favorable Chicken Markets Drive Robust Results for Pilgrim's Pride but Still Cyclical
Pilgrim’s Pride is the second-largest poultry producer in the US (58% of 2023 sales), the UK (30% including other European sales), and Mexico (12%). Its UK and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. Most of its US and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its UK and European sales. JBS owns more than 80% of Pilgrim’s Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed JBS’ offer undervalued Pilgrim’s Pride.
RatingPrice TargetDaily – Vickers Top Buyers & Sellers for 08/07/2024
The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.