Many Pilgrims Pride Corporation(PPC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Pilgrim's Pride Corporation was Initiated by KeyBanc Capital Mkts to Overweight on Dec 2, 2016.
Company has reported several Insider transactions to the SEC, on Feb 23, 2015, Fabio Sandri (Chief Financial Officer) sold 25,400 shares at 27.55 per share price.On Feb 23, 2015, William W Lovette (CEO and President) sold 90,690 shares at 27.57 per share price.
Pilgrim's Pride Corporation Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.40 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $0.46. The company had revenue of $2031.70 million for the quarter, compared to analysts expectations of $2036.42 million. The companys revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.
Pilgrims Pride Corporation (NASDAQ:PPC) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.33 by 3 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.
Pilgrims Pride Corporation (NASDAQ:PPC): The mean short term price target for Pilgrims Pride Corporation (NASDAQ:PPC) has been established at $23 per share. The higher price target estimate is at $27 and the lower price target estimate is expected at $19 according to 3 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $4
Pilgrims Pride Corporation (NASDAQ:PPC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.93% or 0.19 points. After the session commenced at $20.49, the stock reached the higher end at $20.7 while it hit a low of $20.28. With the volume soaring to 1,400,619 shares, the last trade was called at $20.33. The company has a 52-week high of $27.79. The company has a market cap of $5,049 million and there are 248,370,040 shares in outstanding. The 52-week low of the share price is $17.15.
Pilgrims Pride is one of the largest chicken companies in the US, Mexico and Puerto Rico. The companys fresh chicken retail line is sold throughout the US, throughout Puerto Rico, and in the northern and central regions of Mexico. Its prepared chicken products meet the needs of some of the largest customers in the food service industry across the US. Additionally, the Company exports commodity chicken products to over 90 countries. As a vertically integrated company, it controls every phase of the production of its products. The company operates feed mills, hatcheries, processing plants and distribution centers in US, Puerto Rico and Mexico.