Pilgrim’s Pride Corp (NASDAQ:PPC) price on current trading day, fall -1.84% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $45.89.
A look at the stock’s price movement, the level at last check in today’s session was $46.75, moving within a range at $45.5201 and $46.96. The beta value (5-Year monthly) was 0.634 while the PE ratio in trailing twelve months stood at 10.05. Turning to its 52-week performance, $55.18 and $29.83 were the 52-week high and 52-week low respectively. Overall, PPC moved -6.35% over the past month.
Pilgrim’s Pride Corp’s market cap currently stands at around $10.89 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-29.
Analysts have a consensus estimate of 4.69B for the company’s revenue for the quarter, with a low and high estimate of 4.65B and 4.74B respectively. The average forecast suggests up to a 2.92% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 18.37B, representing a 2.75% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PPC is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 5 recommend PPC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
PPC’s current price about -11.85% and -6.31% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.92, while 7-day volatility ratio is 3.24% and 3.62% in the 30-day chart. Further, Pilgrim’s Pride Corp (PPC) has a beta value of 0.54, and an average true range (ATR) of 2.04. Analysts have given the company’s stock an average 52-week price target of $60, forecast between a low of $60 and high of $60. Looking at the price targets, the low is -30.75% off recent price level in today’s trading while to achieve the yearly target high, it has to move -30.75%. Nonetheless, investors will most likely welcome a -30.75% jump to $60 which is the analysts’ median price.
If we refocus on Pilgrim’s Pride Corp (NASDAQ:PPC), historical trading data shows that trading volumes averaged 1.3 over the past 10 days and 1.65 million over the past 3 months. The company’s latest data on shares outstanding shows there are 237.12 million shares.
The 82.60% of Pilgrim’s Pride Corp’s shares are in the hands of company insiders while institutional holders own 21.02% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.83 million on 2025-04-15, giving us a short ratio of 3.68. The data shows that as of 2025-04-15 short interest in Pilgrim’s Pride Corp (PPC) stood at 288.00001 of shares outstanding, with shares short falling to 7.93 million registered in 2025-03-14. Current price change has pushed the stock 14.10% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PPC stock continues to rise going into the next quarter.
