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Pilgrim's Pride Corporation (PPC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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24.91+0.64 (+2.64%)
At close: 4:00PM EST
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  • J
    Jesse
    Zach has the #1 strong by rating but a flat 0% ESP. That makes me a little nervous. Several upgrades and good news over the past few months. Can’t decide whether the hold through earnings or not. 
  • J
    Jesse
    The price pre-market was at 23. Somebody bought 100 shares at $24.80. I know what happened, whoever you are, you put in a market order in pre-market so it went to the highest price available. Don’t ever do that. Always use a max price when you buy especially in pre-market. You got burned. But you live and learn.
  • s
    stocktargetadvisor
    $PPC
    Target Raised by Barclays Overweight USD 22 » USD 25
    Upgraded by Stephens & Co. Equal Weight » Overweight USD 20 » USD 25
  • I
    Info
    $TSN conversation
    $ppc yoy revenue up 1.9% $tsn down 3.5%. Losing market share
  • Y
    Yahoo Finance Insights
    Pilgrims Pride is up 4.96% to 23.50
  • R
    Rich
    Zacks is now. Strong. Buy !
  • J
    Jesse
    Earnings in two days. Up 5% today. Got my sell order in at $30. We’ll see what happens
  • R
    Rich
    PPC may have missed the estimates but year end was much better than 2019 and 2020 had the pandemic. This is a $40/ share stock !’
  • J
    Jesse
    I chickened out and sold a 2253 premarket. I was not expecting them to miss. I may consider shorting the stock now. Too bad. But they definitely need the management shake up. They’ve become a dirty management company and they need to shed that reputation fast
  • w
    webr
    couldnt resist and sit on my hands. 20.82 mkt ord fidelity 2K shares. few day old hold. usually spend moring writing options. never write on PPC of course. guess i could wait for the feb 09 event to roll around again and read charts like you. no, rather make cash. i have spendy hobbies. go clean your apartment now boys.
  • J
    Jesse
    If they beat earnings tomorrow it could rise. The following day is Tysons earnings and if they beat perhaps it could be an additional catalyst for PPC. What do you think?
  • Y
    Yahoo Finance Insights
    Pilgrims Pride is up 5.07% to 22.17
  • w
    webr
    expect to see PPC move up significantly once the fallout from the suits are wrapped up. remember settlement costs are mostly all attorney fee's. no one gets any real cash, other than counsel. secondly, the payouts were tiny overall and the settlements are not always paid in cash; usually debt. i won't tell you how i know.
  • R
    Rich
    Sanderson had a great last quarter report both on sales and profit. For some reason it has not moved the price . Why ? Expect Pilgrim’s next report in. February to also be strong !!
  • N
    Nelson
    I have owned this stock for many years but since the start of 2019 it has been something of an investment dog. I have read the 'PPC ready to move up' articles time and again and it moves nowhere but down and sideways with a few head fakes up. Yes, the price fixing scandal didn't help in 2020 but I am beginning to doubt it can ever break free of its stagnation and maybe a new management team is needed to get things rolling. That stated, I hope PPC proves me wrong in the very near future.
  • w
    webr
    simple, hold your float shares and don't give them to the sandbox bots.
  • J
    Jesse
    “Consumers will devour a record 1.42 billion wings during Super Bowl weekend, according to the National Chicken Council’s annual wing report. “
  • R
    Ray M
    2 x 50k trades after hours ??
  • N
    Nathan
    24 April 2019 - Poultry may very well become the world's most consumed meat in 2019, surpassing pork as African swine fever spreads continues to impact pig herds across China. According to Christine McCracken, senior protein analyst at Rabobank, there could be a historic opportunity for a lasting gain in market share for poultry.
    “Hog losses in China due to ASF will trigger big shocks in global protein markets,” McCracken told the International Poultry Council (IPC) at a meeting in New Orleans, Louisiana last week, “and poultry is the meat protein with the most to win ... Poultry consumption will indeed surpass that of pork in 2019, and pork will be unlikely to recoup its leadership position.”

    McCracken estimated that pork production losses in 2019 could amount to 14% of the world’s pork supply and may continue to move higher. “Expect imports of all proteins (beef, poultry and seafood) to have limited near-term impact. Prices for all proteins will rise.”

    In her view pork market stabilisation may begin in 2021 and a modest rebound of 1-2% in volumes could take place in 2022-2027, though environmental and slaughter constraints are likely to limit the size and speed of expansion.

    IPC president Jim Sumner was in agreement: “With China having lost 30% of its herd to ASF and with it producing 50% of the global supply, there is no doubt that poultry is now king of the meat proteins worldwide,” he said. But Dr. Paul Aho, President of Poultry Perspective, believes that poultry’s good fortune might not last long.

    Dr. Aho predicted pork production will drop 15% worldwide in 2019 and from there it will increase 5% per year for four years, and then continue increasing at a more modest 2% average per year. Meanwhile, poultry would increase 3% per year for three years (spurred in part by a shortage of pork) before dropping down to an average increase of 2% per year,” he predicted.

    “Poultry will surpass pork in production this year and will never relinquish the crown by my reckoning,” he said.
  • Y
    Yahoo Finance Insights
    Pilgrims Pride is down 4.94% to 21.83