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Are Investors Undervaluing Pilgrim's Pride (PPC) Right Now?
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One stock to keep an eye on is Pilgrim's Pride (PPC - Free Report) . PPC is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 10.93, which compares to its industry's average of 18.48. Over the past 52 weeks, PPC's Forward P/E has been as high as 18.61 and as low as 10.60, with a median of 13.81.
Finally, we should also recognize that PPC has a P/CF ratio of 10.15. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. PPC's P/CF compares to its industry's average P/CF of 15.51. Over the past 52 weeks, PPC's P/CF has been as high as 14.59 and as low as 4.37, with a median of 9.14.
These are only a few of the key metrics included in Pilgrim's Pride's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, PPC looks like an impressive value stock at the moment.
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Are Investors Undervaluing Pilgrim's Pride (PPC) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.
One stock to keep an eye on is Pilgrim's Pride (PPC - Free Report) . PPC is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 10.93, which compares to its industry's average of 18.48. Over the past 52 weeks, PPC's Forward P/E has been as high as 18.61 and as low as 10.60, with a median of 13.81.
Finally, we should also recognize that PPC has a P/CF ratio of 10.15. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. PPC's P/CF compares to its industry's average P/CF of 15.51. Over the past 52 weeks, PPC's P/CF has been as high as 14.59 and as low as 4.37, with a median of 9.14.
These are only a few of the key metrics included in Pilgrim's Pride's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, PPC looks like an impressive value stock at the moment.