Pilgrim's Pride Corporation (PPC)

NASDAQ: PPC · IEX Real-Time Price · USD
35.91
-0.08 (-0.22%)
Apr 23, 2024, 10:06 AM EDT - Market open
-0.22%
Market Cap 8.50B
Revenue (ttm) 17.36B
Net Income (ttm) 321.57M
Shares Out 236.79M
EPS (ttm) 1.36
PE Ratio 26.46
Forward PE 11.97
Dividend n/a
Ex-Dividend Date n/a
Volume 26,763
Open 35.94
Previous Close 35.99
Day's Range 35.88 - 36.18
52-Week Range 19.96 - 36.47
Beta 0.79
Analysts Buy
Price Target 34.83 (-3.01%)
Earnings Date May 1, 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 6 analysts, the average rating for PPC stock is "Buy." The 12-month stock price forecast is $34.83, which is a decrease of -3.01% from the latest price.

Price Target
$34.83
(-3.01% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

12 days 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...

2 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...

3 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.

6 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...

6 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...

6 months ago - GlobeNewsWire

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The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

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7 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, ...

Other symbols: TSNCAGHRL
7 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...

7 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...

7 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 ...

7 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.

9 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...

10 months 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

The 5 Best Inflation-Proof Stocks

Higher prices have been a major headache for investors, but these best inflation-proof stocks could help ease the impact.

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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

U.S. moves to dismiss price-fixing case against two former Pilgrim's Pride execs

The U.S. Justice Department on Sunday moved to dismiss an antitrust indictment against two former Pilgrim's Pride Corp executives who were the remaining defendants in a conspiracy prosecution that has...

1 year ago - Reuters