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Pilgrim's Pride (PPC) Stock Declines While Market Improves: Some Information for Investors
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Pilgrim's Pride (PPC - Free Report) ended the recent trading session at $27.73, demonstrating a -1.75% change from the preceding day's closing price. This change lagged the S&P 500's 0.58% gain on the day. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.05%.
The poultry producer's stock has dropped by 2.62% in the past month, falling short of the Consumer Staples sector's gain of 5.12% and the S&P 500's gain of 0.97%.
The upcoming earnings release of Pilgrim's Pride will be of great interest to investors. The company's earnings report is expected on October 28, 2026. In that report, analysts expect Pilgrim's Pride to post earnings of $0.48 per share. This would mark a year-over-year decline of 68.42%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.6 billion, indicating a 3.35% decrease compared to the same quarter of the previous year.
PPC's full-year Zacks Consensus Estimates are calling for earnings of $1.96 per share and revenue of $18.5 billion. These results would represent year-over-year changes of -62.09% and +0.01%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Pilgrim's Pride. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 16.6% downward. Right now, Pilgrim's Pride possesses a Zacks Rank of #5 (Strong Sell).
Looking at valuation, Pilgrim's Pride is presently trading at a Forward P/E ratio of 14.4. For comparison, its industry has an average Forward P/E of 14.11, which means Pilgrim's Pride is trading at a premium to the group.
The Food - Meat Products industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 247, placing it within the bottom 1% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Pilgrim's Pride (PPC) Stock Declines While Market Improves: Some Information for Investors
Pilgrim's Pride (PPC - Free Report) ended the recent trading session at $27.73, demonstrating a -1.75% change from the preceding day's closing price. This change lagged the S&P 500's 0.58% gain on the day. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.05%.
The poultry producer's stock has dropped by 2.62% in the past month, falling short of the Consumer Staples sector's gain of 5.12% and the S&P 500's gain of 0.97%.
The upcoming earnings release of Pilgrim's Pride will be of great interest to investors. The company's earnings report is expected on October 28, 2026. In that report, analysts expect Pilgrim's Pride to post earnings of $0.48 per share. This would mark a year-over-year decline of 68.42%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.6 billion, indicating a 3.35% decrease compared to the same quarter of the previous year.
PPC's full-year Zacks Consensus Estimates are calling for earnings of $1.96 per share and revenue of $18.5 billion. These results would represent year-over-year changes of -62.09% and +0.01%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Pilgrim's Pride. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 16.6% downward. Right now, Pilgrim's Pride possesses a Zacks Rank of #5 (Strong Sell).
Looking at valuation, Pilgrim's Pride is presently trading at a Forward P/E ratio of 14.4. For comparison, its industry has an average Forward P/E of 14.11, which means Pilgrim's Pride is trading at a premium to the group.
The Food - Meat Products industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 247, placing it within the bottom 1% of over 250 industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.