Pilgrim’s Pride Corp (NASDAQ: PPC) has a higher price-to-earnings ratio of 11.41x compared to its average ratio, The 36-month beta value for PPC is at 0.83. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for PPC is 41.28M, and currently, shorts hold a 20.35% of that float. The average trading volume for PPC on January 31, 2025 was 1.02M shares.
PPC) stock’s latest price update
Pilgrim’s Pride Corp (NASDAQ: PPC)’s stock price has increased by 0.87 compared to its previous closing price of 46.89. However, the company has seen a 1.31% increase in its stock price over the last five trading sessions. zacks.com reported 2025-01-29 that PBI, PPC, and GBX it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 29, 2024.
PPC’s Market Performance
PPC’s stock has risen by 1.31% in the past week, with a monthly rise of 3.01% and a quarterly drop of -0.32%. The volatility ratio for the week is 3.13% while the volatility levels for the last 30 days are 2.82% for Pilgrim’s Pride Corp The simple moving average for the last 20 days is 2.75% for PPC stock, with a simple moving average of 9.79% for the last 200 days.
Analysts’ Opinion of PPC
Many brokerage firms have already submitted their reports for PPC stocks, with Stephens repeating the rating for PPC by listing it as a “Equal-Weight.” The predicted price for PPC in the upcoming period, according to Stephens is $43 based on the research report published on October 03, 2024 of the previous year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see PPC reach a price target of $47. The rating they have provided for PPC stocks is “Neutral” according to the report published on August 15th, 2024.
BMO Capital Markets gave a rating of “Market Perform” to PPC, setting the target price at $46 in the report published on August 12th of the previous year.
PPC Trading at -1.89% from the 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, the company was unable to rebound, for now settling with -14.77% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 3.13%, as shares surge +4.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.02% lower at present.
During the last 5 trading sessions, PPC rose by +1.31%, which changed the moving average for the period of 200-days by +34.60% in comparison to the 20-day moving average, which settled at $46.03. In addition, Pilgrim’s Pride Corp saw 4.21% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PPC starting from Sandri Fabio, who sale 65,000 shares at the price of $44.50 back on Aug 06 ’24. After this action, Sandri Fabio now owns 279,565 shares of Pilgrim’s Pride Corp, valued at $2,892,344 using the latest closing price.
Galvanoni Matthew R, the Chief Financial Officer of Pilgrim’s Pride Corp, sale 6,500 shares at $43.31 during a trade that took place back on Aug 06 ’24, which means that Galvanoni Matthew R is holding 51,750 shares at $281,515 based on the most recent closing price.
Stock Fundamentals for PPC
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.11 for the gross margin
The net margin for Pilgrim’s Pride Corp stands at 0.05. The total capital return value is set at 0.19. Equity return is now at value 27.06, with 9.55 for asset returns.
Based on Pilgrim’s Pride Corp (PPC), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.56. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is 9.41.
Currently, EBITDA for the company is 987.39 million with net debt to EBITDA at 0.81. When we switch over and look at the enterprise to sales, we see a ratio of 0.71. The receivables turnover for the company is 15.92for trailing twelve months and the total asset turnover is 1.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.
Conclusion
In conclusion, Pilgrim’s Pride Corp (PPC) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
