Pilgrim's Pride (PPC)
(Delayed Data from NSDQ)
$35.69 USD
-0.32 (-0.89%)
Updated Apr 23, 2024 04:00 PM ET
1-Strong Buy of 5 1
A Value B Growth A Momentum A VGM
Company Summary
Pilgrim's Pride Corporation is focusing on strengthening its Prepared Foods category. The category grew in the United States during the fourth quarter of 2019 on continued investments in R&D and sales as well as marketing of new product innovations. Also, the company has been increasing its product mix for organic category, including No-Antibiotics-Ever products, to cater customers' evolving tastes.
This Greeley, CO based company is engaged in the processing, production, marketing and distribution of frozen, fresh as well as value-added chicken products. The company offers its services in the United States, Mexico, ...
Company Summary
Pilgrim's Pride Corporation is focusing on strengthening its Prepared Foods category. The category grew in the United States during the fourth quarter of 2019 on continued investments in R&D and sales as well as marketing of new product innovations. Also, the company has been increasing its product mix for organic category, including No-Antibiotics-Ever products, to cater customers' evolving tastes.
This Greeley, CO based company is engaged in the processing, production, marketing and distribution of frozen, fresh as well as value-added chicken products. The company offers its services in the United States, Mexico, France, the Netherlands, Puerto Rico and Mexico through a number of distributors, retailers and food service operators. Since its inception in 1946, Pilgrim's Pride has expanded its business on the back of acquisitions like Green Acre Foods, Inc., WLR Foods, Inc., Gold Kist, GNP Company and Moy Park. Currently, the company operates as a subsidiary of JBS USA Holdings, Inc. Also, Pilgrim's Pride acquired 100% of the membership interests of JFC LLC and its subsidiaries (together, “GNP”) from Maschhoff Family Foods, LLC on Jan 6, 2017. Apart from these, it bought 100% of the issued and outstanding shares of Moy Park on Sep 8, 2017.
Major product categories offered by the company are fresh, fully cooked, ready-to-cook and individual frozen chicken. Notably, its fresh chicken products, namely, refrigerated (nonfrozen) whole or cut-up chicken, pre-marinated or non-marinated, and pre-packaged case-ready chicken, are being sold to foodservice and retail markets. Also, Pilgrim’s Pride offers prepared chicken products, which can further be classified into portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts.
Pilgrim's Pride serves its clients through a single business segment. As a seller and producer of chicken items, it either produces or buys chicken for resale in the United States, the United Kingdom, Europe and Mexico. Pilgrim's Pride operates in three reportable business segments that include the United States (57.8% of 2024 sales), Europe (30%) and Mexico (12.3%), respectively.
General Information
Pilgrim's Pride Corporation
1770 PROMONTORY CIRCLE
GREELEY, CO 80634
Phone: 970-506-8000
Fax: 302-655-5049
Email: irppc@pilgrims.com
| Industry | Food - Meat Products |
| Sector | Consumer Staples |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Earnings Date | 5/1/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.60 |
| Current Year EPS Consensus Estimate | 3.01 |
| Estimated Long-Term EPS Growth Rate | 29.50 |
| Earnings Date | 5/1/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 36.01 |
| 52 Week High | 36.47 |
| 52 Week Low | 19.96 |
| Beta | 0.82 |
| 20 Day Moving Average | 553,549.44 |
| Target Price Consensus | 36.00 |
| 4 Week | 5.36 |
| 12 Week | 29.69 |
| YTD | 30.12 |
| 4 Week | 9.72 |
| 12 Week | 27.55 |
| YTD | 23.86 |
| Shares Outstanding (millions) | 236.94 |
| Market Capitalization (millions) | 8,527.33 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 0.00% |
| Annual Dividend | $0.00 |
| Payout Ratio | 0.00 |
| Change in Payout Ratio | 0.00 |
| Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
| P/E (F1) | 11.87 |
| Trailing 12 Months | 21.14 |
| PEG Ratio | 0.40 |
| vs. Previous Year | 220.41% |
| vs. Previous Quarter | 1.72% |
| vs. Previous Year | 9.71% |
| vs. Previous Quarter | 3.86% |
| Price/Book | 2.53 |
| Price/Cash Flow | 10.19 |
| Price / Sales | 0.49 |
| 3/31/24 | NA |
| 12/31/23 | 12.90 |
| 9/30/23 | 4.90 |
| 3/31/24 | NA |
| 12/31/23 | 4.12 |
| 9/30/23 | 1.52 |
| 3/31/24 | NA |
| 12/31/23 | 1.68 |
| 9/30/23 | 1.75 |
| 3/31/24 | NA |
| 12/31/23 | 0.89 |
| 9/30/23 | 0.96 |
| 3/31/24 | NA |
| 12/31/23 | 2.31 |
| 9/30/23 | 0.86 |
| 3/31/24 | NA |
| 12/31/23 | 1.85 |
| 9/30/23 | 0.19 |
| 3/31/24 | NA |
| 12/31/23 | 2.10 |
| 9/30/23 | 0.46 |
| 3/31/24 | NA |
| 12/31/23 | 14.12 |
| 9/30/23 | 13.06 |
| 3/31/24 | NA |
| 12/31/23 | 8.07 |
| 9/30/23 | 7.98 |
| 3/31/24 | NA |
| 12/31/23 | 1.00 |
| 9/30/23 | 1.20 |
| 3/31/24 | NA |
| 12/31/23 | 49.97 |
| 9/30/23 | 54.49 |