Pilgrim’s Pride Corporation (NASDAQ:PPC) went down by -1.08% from its latest closing price when compared to the 1-year high value of $29.32 and move down -10.06%, while PPC stocks collected +0.34% of gains with the last five trading sessions.
Pilgrim’s Pride Corporation (NASDAQ:PPC) Worth an Investment?
Pilgrim’s Pride Corporation (NASDAQ: PPC) scored price to earnings ratio above its average ratio, recording 27.78 times of increase in earnings at the present.
PPC Market Performance
PPC stocks went up by 0.34% for the week, with the monthly drop of -5.43% and a quarterly performance of 27.53%, while its annual performance rate touched 30.33%. The simple moving average for the period of the last 20 days is -1.50% for PPC stocks with the simple moving average of 29.46% for the last 200 days.
Analysts’ Opinion on Pilgrim’s Pride Corporation (NASDAQ:PPC)
Many brokerage firms have already submitted their reports for PPC stocks, with Stephens repeating the rating for PPC shares by setting it to “Overweight”. The predicted price for PPC socks in the upcoming period according to Stephens is $93 based on the research report published on March 5, 2019.
Barclays, on the other hand, stated in their research note that they expect to see PPC stock at the price of $27. The rating they have provided for PPC stocks is “Overweight” according to the report published on July 16, 2018.
Mizuho gave “Buy” rating to PPC stocks, setting the target price at $29 in the report published on March 29, 2018.
PPC Stocks 2.16% Far from 50 Day Moving Average
After a stumble in the market that brought PPC to its low price for the period of the last 52 weeks, Pilgrim’s Pride Corporation was unable to take a rebound, for now settling with -9.13% of loss for the given period.
The stock volatility was left at 2.54%, however, within the period of a single month, the volatility rate increased by 1.85%, while the shares sank at the distance of -6.30% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +23.96% upper at the present time.
In the course of the last 5 trading sessions, PPC went up by +0.34%, which changed the moving average for the period of 200 days to the total of +44.39% of gains for the stock in comparison to the 20-day moving average settled at $26.95. In addition, Pilgrim’s Pride Corporation saw 71.76% in overturn over the period of a single year with a tendency to cut further gains.
PPC Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Pilgrim’s Pride Corporation (PPC), starting from Lovette William W, who sold 86,425 shares at the price of $20.30 back on Feb 20. After this action, Rushing now owns 492,228 shares of Pilgrim’s Pride Corporation, valued at $1,754,428 with the latest closing price.
Cooper Michael L., the Director of Pilgrim’s Pride Corporation, bought 2,500 shares at the value of $17.36 during a trade that took place back on Aug 09, which means that Cooper Michael L. is holding 10,171 shares at the value of $43,405 based on the most recent closing price.
PPC Stock Fundamentals
The current profitability levels are settled at +4.83 for the present operating margin and +7.96 for gross margin. The net margin for Pilgrim’s Pride Corporation stands at +2.27. Total capital return value is set at 11.88, while invested capital returns managed to touch 5.64. Equity return holds the value 10.30%, with 3.50% for asset returns.
Based on Pilgrim’s Pride Corporation (PPC), the company’s capital structure generated 115.71 points for debt to equity in total, while total debt to capital is set at the value of 53.64. Total debt to assets is settled at the value of 39.21 with long-term debt to equity ratio rests at 114.20 and long-term debt to capital is 52.94.
EBITDA value lies at +211.98 M with total debt to EBITDA carrying the value of 2.90. The value for Enterprise to Sales is 0.80 with debt to enterprise value settled at 0.40. The receivables turnover for Pilgrim’s Pride Corporation is 18.70 with the total asset turnover at the value of 1.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.72.