Pilgrim's Pride Corporation (PPC)

NASDAQ: PPC · IEX Real-Time Price · USD
22.58
-0.26 (-1.14%)
Sep 27, 2023, 4:00 PM EDT - Market closed
-1.14%
Market Cap 5.35B
Revenue (ttm) 17.07B
Net Income (ttm) 169.02M
Shares Out 236.79M
EPS (ttm) 0.72
PE Ratio 31.36
Forward PE 12.31
Dividend n/a
Ex-Dividend Date n/a
Volume 492,047
Open 23.00
Previous Close 22.84
Day's Range 22.57 - 23.19
52-Week Range 19.96 - 26.57
Beta 0.99
Analysts Buy
Price Target 26.80 (+18.69%)
Earnings Date Oct 25, 2023

About PPC

Pilgrim's Pride Corporation engages in the production, processing, marketing and distribution of fresh, frozen and value-added chicken, and pork products to retailers, distributors, and foodservice operators in the United States, the United Kingdom, Mexico, the Middle East, Asia, Continental Europe, and internationally. The company offers fresh products, including pre-marinated or non-marinated chicken, frozen whole chickens, breast fillets, mini breast fillets and prepackaged case-ready chicken, primary pork cuts, and pork and pork ribs; and p... [Read more]

Industry Packaged Foods
IPO Date Jan 1, 1987
Employees 61,500
Stock Exchange NASDAQ
Ticker Symbol PPC
Full Company Profile

Financial Performance

In 2022, PPC's revenue was $17.47 billion, an increase of 18.21% compared to the previous year's $14.78 billion. Earnings were $745.93 million, an increase of 2306.23%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for PPC stock is "Buy." The 12-month stock price forecast is $26.8, which is an increase of 18.69% from the latest price.

Price Target
$26.8
(18.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

21 hours 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 days 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.

2 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...

2 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.

5 months 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...

6 months 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...

6 months 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...

6 months 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...

7 months 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...

8 months 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...

9 months 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.

Other symbols: CFCOSTDVNPLAB
9 months 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...

11 months 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...

11 months 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

Pilgrim's Pride Corporation to Host Third Quarter 2022 Earnings Call on October 27, 2022

GREELEY, Colo., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its third quarter 2022 financial results after the U.S. market closes o...

1 year ago - GlobeNewsWire

PILGRIM'S PRIDE CORPORATION ANNOUNCES CONSENT SOLICITATIONS FOR EACH OF ITS 4.250% SUSTAINABILITY-LINKED SENIOR NOTES DUE 2031 AND 3.500% SENIOR NOTES DUE 2032

GREELEY, Colo. , Sept. 15, 2022 /PRNewswire/ -- Pilgrim's Pride Corporation ("PPC") announced today that it is soliciting consents (the "Consents") from the holders of each of its (i) 4.250% Sustainab...

1 year ago - PRNewsWire

Pilgrim's Celebrates 2021 Sustainability Accomplishments

Company Shares Progress Toward Ambitious 2030 Goals Company Shares Progress Toward Ambitious 2030 Goals

1 year ago - GlobeNewsWire

Pilgrim's Pride Reports Second Quarter 2022 Results with $4.63 Billion in Net Sales and Operating Income Margin of 11.1%

GREELEY, Colo., July 27, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its second quarter 2022 financial results.

1 year ago - GlobeNewsWire

Pilgrim's Pride Corporation to Host Second Quarter 2022 Earnings Call on July 28, 2022

GREELEY, Colo., July 12, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its second quarter 2022 financial results after the U.S. market closes ...

1 year ago - GlobeNewsWire

Sanderson Farms is the better buy when compared to Pilgrim's Pride Corporation

For the love of chicken, Sanderson Farms Inc (NASDAQ:SAFM) is a good stock to consider. Pilgrim's Pride Corporation (NASDAQ:PPC) comes some distance second.

1 year ago - Invezz

Pilgrims Pride: A Recession-Proof Defensive Stock

Food inflation in the United States has accelerated for the 12th straight month in a row to 10.1% as of May 2022. This is the first increase of 10% or more since 1981.

1 year ago - GuruFocus

Pilgrim's Pride Reports First Quarter 2022 Results with $4.24 Billion in Net Sales and Operating Income Margin of 9.5%

GREELEY, Colo., April 27, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its first quarter 2022 financial results.

1 year ago - GlobeNewsWire

Pilgrim's Pride Corporation to Host First Quarter 2022 Earnings Call on April 28, 2022

GREELEY, Colo., April 08, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its first quarter 2022 financial results after the U.S. market closes ...

1 year ago - GlobeNewsWire