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Pilgrim's Pride (PPC) Outpaces Stock Market Gains: What You Should Know
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Pilgrim's Pride (PPC - Free Report) closed the most recent trading day at $45.73, moving +1.76% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.14%. On the other hand, the Dow registered a loss of 0.04%, and the technology-centric Nasdaq increased by 0.38%.
The stock of poultry producer has fallen by 1.1% in the past month, lagging the Consumer Staples sector's gain of 0.17% and the S&P 500's gain of 5.35%.
The investment community will be closely monitoring the performance of Pilgrim's Pride in its forthcoming earnings report. The company is scheduled to release its earnings on July 30, 2025. On that day, Pilgrim's Pride is projected to report earnings of $1.54 per share, which would represent a year-over-year decline of 7.78%.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.27 per share and a revenue of $0 million, representing changes of -2.77% and 0%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Pilgrim's Pride. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.14% decrease. At present, Pilgrim's Pride boasts a Zacks Rank of #4 (Sell).
Looking at valuation, Pilgrim's Pride is presently trading at a Forward P/E ratio of 8.53. Its industry sports an average Forward P/E of 12.24, so one might conclude that Pilgrim's Pride is trading at a discount comparatively.
The Food - Meat Products industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 177, which puts it in the bottom 29% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Pilgrim's Pride (PPC) Outpaces Stock Market Gains: What You Should Know
Pilgrim's Pride (PPC - Free Report) closed the most recent trading day at $45.73, moving +1.76% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.14%. On the other hand, the Dow registered a loss of 0.04%, and the technology-centric Nasdaq increased by 0.38%.
The stock of poultry producer has fallen by 1.1% in the past month, lagging the Consumer Staples sector's gain of 0.17% and the S&P 500's gain of 5.35%.
The investment community will be closely monitoring the performance of Pilgrim's Pride in its forthcoming earnings report. The company is scheduled to release its earnings on July 30, 2025. On that day, Pilgrim's Pride is projected to report earnings of $1.54 per share, which would represent a year-over-year decline of 7.78%.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.27 per share and a revenue of $0 million, representing changes of -2.77% and 0%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Pilgrim's Pride. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.14% decrease. At present, Pilgrim's Pride boasts a Zacks Rank of #4 (Sell).
Looking at valuation, Pilgrim's Pride is presently trading at a Forward P/E ratio of 8.53. Its industry sports an average Forward P/E of 12.24, so one might conclude that Pilgrim's Pride is trading at a discount comparatively.
The Food - Meat Products industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 177, which puts it in the bottom 29% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.