|Bid||21.54 x 500|
|Ask||24.07 x 700|
|Day's Range||22.51 - 22.86|
|52 Week Range||20.28 - 38.39|
|PE Ratio (TTM)||8.13|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Most analysts who are providing recommendations on Hormel Foods (HRL) have maintained “hold” ratings on the stock. As of April 6, 2018, of the 14 analysts covering the stock, 36% have recommended “buys,” 57% have recommended “holds,” and the remaining 7.0% have recommended “sells.”
On April 6, 2018, Hormel Foods (HRL) was trading at a 12-month forward PE (price-to-earnings ratio) of 18.6x. Following its fiscal 1Q18 results, the company’s valuation multiple has hardly changed.
Zacks.com featured highlights include: Pilgrim's Pride, Insight Enterprises, Dorman, Chemours and Crown
Hormel Foods (HRL), one of the leading names in the meat production and packaged foods industry, has seen its stock price fall 4% on a YTD (year-to-date) basis as of April 6, 2018.
Beijing's tit-for-tat tariffs to hit agricultural companies, Pilgrim's Pride (PPC) and Sanderson Farms (SAFM), as well as support for Trump's campaign in the upcoming mid-term elections.
Tyson Foods (TSN) stock fell 6.3% on Monday, April 2, 2018, as China imposed higher tariffs on the import of 128 US commodities including frozen pork. In retaliation against President Trump’s higher duties on steel and aluminum imports, China increased tariffs by 25% on eight commodities including pork products. China’s response is likely to have an adverse impact on the US pork industry, as China is the third largest export market for US pork products.
Undervalued companies, such as Pilgrim’s Pride and Nobilis Health, are those that trade at a price below their actual values. There’s a few ways you can value a company. TheRead More...
Premium agricultural companies like The Andersons (ANDE), Archer-Daniels-Midland (ADM), Tyson Foods (TSN), Bachoco (IBA) and Pilgrim's Pride (PPC) are likely to remain safe investment bets irrespective of farm market concerns regarding US-China Trade war.
Pilgrim's Pride (PPC) reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
Pilgrim’s Pride Corporation (NASDAQ:PPC) outperformed the Packaged Foods and Meats industry on the basis of its ROE – producing a higher 37.44% relative to the peer average of 11.94% overRead More...
Pilgrim's Pride (PPC) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
Moody's Investors Service, ("Moody's") has upgraded to B2 from B3 the rating on $900 million 6.75% 10-year notes due 2028 (the "2028 notes") co-issued by JBS USA Lux S.A. ("JBS ...
Moody's Investors Service, ("Moody's") has assigned a B3 rating to $900 million 6.75% 10-year notes ("new notes") co-issued by JBS USA Lux S.A. ("JBS USA") and JBS USA Finance, ...
Pilgrim's Pride's (PPC) posts robust fourth-quarter 2017 results. The company is poised to grow on the back of latest acquisitions and the recently-accomplished investment program.
On a per-share basis, the Greeley, Colorado-based company said it had net income of 54 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to 58 cents ...
Pilgrim’s Pride Corporation (NASDAQ:PPC) is currently trading at a trailing P/E of 9.9x, which is lower than the industry average of 21x. While this makes PPC appear like a greatRead More...
Stocks opened lower on Tuesday morning, just one day after markets signaled an intent to bounce back quickly from their worst week in two years. One method to implement in a volatile market is to avoid companies that are likely to disappoint investors by posting soft earnings results.
Lingering headwinds such as extensive peer pressure, input price inflation or any supply chain challenge might hurt Pilgrim's Pride Corporation's (PPC) near-term results.
Today I will be providing a simple run-through of the discounted cash flows (DCF) method to estimate the attractiveness of Pilgrim’s Pride Corporation (NASDAQ:PPC) as an investment opportunity. Anyone interestedRead More...
We all have to eat, right? That's a great starting point for just about any investment in the agriculture industry. But there's a lot more to it than that.
Sysco Corp. and US Foods — the nation’s two largest food distributors — have sued Colorado-based Pilgrim’s Pride Corp. and other poultry processors, alleging that the producers manipulated wholesale prices for chicken. Named in the lawsuits along with Greeley-based Pilgrim’s (PPC) are Tyson Foods Inc. (TSN), Sanderson Farms Inc. (SAFM) and privately held Perdue Farms Inc., Bloomberg reports . The suits — filed separately by Sysco (SYY) and US Foods (USFD) in federal court in Illinois — allege that the poultry producers colluded with one another to boost wholesale prices over a span of years, in part by reducing the supply of chicken.
CNBC's Dominic Chu reports on stocks of chicken supply companies falling following news that distributors US Foods and Sysco are suing them over alleged collusion in the industry.