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Pilgrim's Pride (PPC) Surpasses Market Returns: Some Facts Worth Knowing
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Pilgrim's Pride (PPC - Free Report) ended the recent trading session at $28.68, demonstrating a +2.72% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.05%. Meanwhile, the Dow experienced a rise of 0.46%, and the technology-dominated Nasdaq saw a decrease of 0.64%.
The stock of poultry producer has risen by 4.3% in the past month, leading the Consumer Staples sector's loss of 0.06% and the S&P 500's gain of 0.61%.
Market participants will be closely following the financial results of Pilgrim's Pride in its upcoming release. The company plans to announce its earnings on July 29, 2026. It is anticipated that the company will report an EPS of $0.75, marking a 55.88% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $4.9 billion, indicating a 3% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.01 per share and revenue of $18.7 billion, which would represent changes of -41.78% and +1.09%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Pilgrim's Pride. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 14.51% lower within the past month. Pilgrim's Pride presently features a Zacks Rank of #5 (Strong Sell).
In the context of valuation, Pilgrim's Pride is at present trading with a Forward P/E ratio of 9.29. This expresses a discount compared to the average Forward P/E of 11.8 of its industry.
The Food - Meat Products industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 217, placing it within the bottom 12% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
View the Zacks #1 Rank List
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Pilgrim's Pride (PPC) Surpasses Market Returns: Some Facts Worth Knowing
Pilgrim's Pride (PPC - Free Report) ended the recent trading session at $28.68, demonstrating a +2.72% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.05%. Meanwhile, the Dow experienced a rise of 0.46%, and the technology-dominated Nasdaq saw a decrease of 0.64%.
The stock of poultry producer has risen by 4.3% in the past month, leading the Consumer Staples sector's loss of 0.06% and the S&P 500's gain of 0.61%.
Market participants will be closely following the financial results of Pilgrim's Pride in its upcoming release. The company plans to announce its earnings on July 29, 2026. It is anticipated that the company will report an EPS of $0.75, marking a 55.88% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $4.9 billion, indicating a 3% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $3.01 per share and revenue of $18.7 billion, which would represent changes of -41.78% and +1.09%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Pilgrim's Pride. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 14.51% lower within the past month. Pilgrim's Pride presently features a Zacks Rank of #5 (Strong Sell).
In the context of valuation, Pilgrim's Pride is at present trading with a Forward P/E ratio of 9.29. This expresses a discount compared to the average Forward P/E of 11.8 of its industry.
The Food - Meat Products industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 217, placing it within the bottom 12% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.