Pilgrim's Pride Corporation (PPC)

Pilgrim's Pride Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Pilgrim's Pride stock have an average target of 44, with a low estimate of 35 and a high estimate of 55. The average target predicts a decrease of -5.21% from the current stock price of 46.42.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$35	$44	$43	$55
Change	-24.60%	-5.21%	-7.37%	+18.48%

* Price targets were last updated on Nov 1, 2024.

Analyst Ratings

The average analyst rating for PPC stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	2	1	1	1	1	1
Buy	2	1	1	1	1	1
Hold	2	4	4	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Duffy Fischer Barclays	Barclays	Hold Maintains $45 → $49	Hold	Maintains	$45 → $49	+5.56%	Nov 1, 2024
Andrew Strelzik BMO Capital	BMO Capital	Hold Maintains $42 → $43	Hold	Maintains	$42 → $43	-7.37%	Nov 1, 2024
Pooran Sharma Stephens & Co.	Stephens & Co.	Hold Initiates $43	Hold	Initiates	$43	-7.37%	Oct 3, 2024
Duffy Fischer Barclays	Barclays	Hold Maintains $43 → $45	Hold	Maintains	$43 → $45	-3.06%	Sep 9, 2024
John Staszak Argus Research	Argus Research	Strong Buy Maintains $50 → $55	Strong Buy	Maintains	$50 → $55	+18.48%	Aug 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

18.26B

Increased by 5.18%

from 17.36B

Revenue Next Year

18.61B

Increased by 1.89%

from 18.26B

EPS This Year

5.24

Increased by 285.99%

from 1.36

EPS Next Year

4.39

Decreased by -16.18%

from 5.24

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 29, 2019	Dec 27, 2020	Dec 26, 2021	Dec 25, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	11.41B	12.09B	14.78B	17.47B	17.36B	18.26B	18.61B	18.51B
Revenue Growth	4.31%	5.98%	22.21%	18.21%	-0.61%	5.18%	1.89%	-0.54%
EPS	1.83	0.39	0.13	3.10	1.36	5.24	4.39	3.72
EPS Growth	83.54%	-78.92%	-66.98%	2,336.53%	-56.18%	285.99%	-16.18%	-15.32%
Forward PE	-	-	-	-	-	8.85	10.56	12.47
No. Analysts	-	-	-	-	-	8	8	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	19.2B	19.9B	19.3B
Avg	18.3B	18.6B	18.5B
Low	17.6B	17.7B	17.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	10.7%	8.9%	3.7%
Avg	5.2%	1.9%	-0.5%
Low	1.2%	-3.1%	-3.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	6.20	5.67	4.29
Avg	5.24	4.39	3.72
Low	4.47	3.52	3.21

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	356.0%	8.1%	-2.3%
Avg	286.0%	-16.2%	-15.3%
Low	229.0%	-32.9%	-26.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.