Pilgrim's Pride Corporation (PPC)

NASDAQ: PPC · IEX Real-Time Price · USD
34.78
-0.09 (-0.26%)
Jun 14, 2024, 4:00 PM EDT - Market closed
-0.26%
Market Cap 8.24B
Revenue (ttm) 17.56B
Net Income (ttm) 490.81M
Shares Out 236.94M
EPS (ttm) 2.06
PE Ratio 16.88
Forward PE 9.53
Dividend n/a
Ex-Dividend Date n/a
Volume 347,305
Open 34.70
Previous Close 34.87
Day's Range 34.37 - 34.84
52-Week Range 19.96 - 39.00
Beta 0.76
Analysts Buy
Price Target 36.80 (+5.81%)
Earnings Date Jul 24, 2024

About PPC

Pilgrim's Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators. The company offers fresh products, including refrigerated whole or cut-up chicken, selected chicken parts that are either marinated or non-marinated, primary pork cuts, added value pork, and pork ribs; and prepared products, which include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties, processed sausages, bacon, sm... [Read more]

Industry Packaged Foods
IPO Date Jan 1, 1987
Employees 61,200
Stock Exchange NASDAQ
Ticker Symbol PPC
Full Company Profile

Financial Performance

In 2023, PPC's revenue was $17.36 billion, a decrease of -0.61% compared to the previous year's $17.47 billion. Earnings were $321.57 million, a decrease of -56.89%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for PPC stock is "Buy." The 12-month stock price forecast is $36.8, which is an increase of 5.81% from the latest price.

Price Target
$36.8
(5.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Pilgrim's Pride Reports First Quarter 2024 Results with $4.4 Billion in Net Sales and Operating Income of $250.3 Million

GREELEY, Colo., May 01, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its first quarter 2024 financial results.

6 weeks ago - GlobeNewsWire

Pilgrim's Pride Corporation to Host First Quarter Earnings Call on May 2, 2024

GREELEY, Colo., April 10, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its first quarter 2024 financial results after the U.S. market closes ...

2 months ago - GlobeNewsWire

Pilgrim's Pride Reports Fourth Quarter and Year-End 2023 Results

GREELEY, Colo., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its fourth quarter and year-end 2023 financial result...

3 months ago - GlobeNewsWire

Pilgrim's Pride Corporation to Host Year End 2023 Earnings Call on February 26, 2024

GREELEY, Colo., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its fourth quarter and fiscal year 2023 financial results on Monday, Fe...

5 months ago - GlobeNewsWire

Pilgrim's Pride Reports Third Quarter 2023 Results with $4.4 Billion in Net Sales and Operating Income of $206.4 Million

GREELEY, Colo., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its third quarter 2023 financial results.

8 months ago - GlobeNewsWire

Pilgrim's Pride Announces Early Tender Results and Receipt of Requisite Consents

GREELEY, Colo. , Oct. 11, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation (NASDAQ: PPC) (the "Company") today announced the early tender results in connection with its previously announced offer to p...

8 months ago - PRNewsWire

Pilgrim's Pride Corporation to Host Third Quarter Earnings Call on October 26, 2023

GREELEY, Colo., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its third quarter of 2023 financial results after the U.S. market close...

8 months ago - GlobeNewsWire

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9 months ago - Benzinga

Meat-processor stocks fall after DoJ brings antitrust suit against data provider Agri Stats

The Justice Department has filed a civil antitrust lawsuit against meat data provider Agri Stats, charging it with organizing and managing anticompetitive information exchanges among broiler chicken, ...

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9 months ago - Market Watch

PILGRIM'S PRIDE ANNOUNCES PRICING OF SENIOR NOTES DUE 2034

GREELEY, Colo. , Sept. 27, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation (NASDAQ: PPC) ("PPC") announced today the pricing of its offering of $500.0 million aggregate principal amount of 6.875% sen...

9 months ago - PRNewsWire

Pilgrim's Pride Corporation Announces Cash Tender Offer and Consent Solicitation

GREELEY, Colo. , Sept. 27, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation (NASDAQ: PPC) (the "Company") announced today that it has commenced a cash tender offer (the "Tender Offer") for any and all...

9 months ago - PRNewsWire

Pilgrim's Releases 2022 Sustainability Report

GREELEY, Colo., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Pilgrim's [NASDAQ: PPC], a leading global food company, today announced the release of its 2022 Sustainability Report, which includes key highlights ...

9 months ago - GlobeNewsWire

Pilgrim's Pride Reports Second Quarter 2023 Results with $4.3 Billion in Net Sales and Operating Income of $100.3 Million

GREELEY, Colo., July 26, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its second quarter 2023 financial results.

11 months ago - GlobeNewsWire

Pilgrim's Pride Corporation to Host Second Quarter Earnings Call on July 27, 2023

GREELEY, Colo., July 11, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its second quarter of 2023 financial results after the U.S. market clos...

1 year ago - GlobeNewsWire

Pilgrim's Pride Reports First Quarter 2023 Results with $4.2 Billion in Net Sales and Operating Income of $31.3 Million

GREELEY, Colo., April 26, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its first quarter 2023 financial results.

1 year ago - GlobeNewsWire

Pilgrim's Pride Corporation to Host First Quarter Earnings Call on April 27, 2023

GREELEY, Colo., April 06, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its first quarter of 2023 financial results after the U.S. market clos...

1 year ago - GlobeNewsWire

PILGRIM'S PRIDE ANNOUNCES PRICING OF SENIOR UNSECURED NOTES DUE 2033

GREELEY, Colo. , April 4, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation (NASDAQ: PPC) ("PPC") announced today the pricing of its offering of $1.0 billion aggregate principal amount of 6.250% senior...

1 year ago - PRNewsWire

PILGRIM'S PRIDE ANNOUNCES PROPOSED OFFERING OF SENIOR UNSECURED NOTES

GREELEY, Colo. , April 4, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation (NASDAQ: PPC) ("PPC")  announced today its intention to offer, subject to market and other conditions, senior unsecured notes...

1 year ago - PRNewsWire

PILGRIM'S PRIDE CORPORATION ANNOUNCES EXPIRATION AND RESULTS OF ITS REGISTERED EXCHANGE OFFERS FOR ANY AND ALL OF ITS OUTSTANDING 4.250% SUSTAINABILITY-LINKED SENIOR NOTES DUE 2031 AND 3.500% SENIOR NOTES DUE 2032

GREELEY, Colo. , Feb. 16, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation ("PPC") announced today the expiration and results of its previously announced offers to exchange (the "Exchange Offers") any...

1 year ago - PRNewsWire

Pilgrim's Pride Reports Fourth Quarter and Year-End 2022 Results

GREELEY, Colo., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its fourth quarter and year-end 2022 financial result...

1 year ago - GlobeNewsWire

Pilgrim's Pride Corporation to Host Year End 2022 Earnings Call on February 9, 2023

GREELEY, Colo., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its fourth quarter and fiscal year 2022 financial results after the U.S...

1 year ago - GlobeNewsWire

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1 year ago - Kiplinger

CONTINUED INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Continues to Investigate Pilgrim's Pride Corporation's Directors and Officers for Breach of Fiduciary Duties – PPC

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, continues its investigation as to whether certain direct...

1 year ago - Business Wire

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Pilgrim's Pride Corporation's Directors and Officers for Breach of Fiduciary Duties – PPC

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of...

1 year ago - Business Wire

Pilgrim's Pride Reports Third Quarter 2022 Results with $4.47 Billion in Net Sales and Operating Income Margin of 7.6%

GREELEY, Colo., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its third quarter 2022 financial results.

1 year ago - GlobeNewsWire