|Bid||25.11 x 600|
|Ask||27.65 x 100|
|Day's Range||25.66 - 27.21|
|52 Week Range||20.23 - 38.39|
|PE Ratio (TTM)||9.68|
|Earnings Date||May 1, 2018 - May 7, 2018|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||33.33|
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.
NEW YORK, Feb. 16, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of LKQ ...
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.
NEW YORK, NY / ACCESSWIRE / February 15, 2018 / Pilgrim's Pride Corporation (NASDAQ: PPC ) will be discussing their earnings results in their Q4 Earnings Call to be held on February 15, 2018 at 9:00 AM ...
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 ...
GREELEY, Colo., Feb. 14, 2018-- Pilgrim’ s Pride Corporation reports fourth quarter and year-end 2017 financial results.. Adjusted Operating Income margins of 11.8% in U.S., 10.6% in Mexico and 3.9% in ...
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.
US Foods and Sysco allege in separate lawsuits that U.S. poultry suppliers colluded to manipulate supply and prices for their products.
When the market is attractive you want to be 100% invested. But when risks are too high to stomach, a less aggressive strategy makes sense. Aalok Devkota has managed his market exposure so well that he beat all U.S. equity mutual fund managers for the past 3 years. He is turning aggressive now.
GREELEY, Colo., Jan. 25, 2018-- Pilgrim’ s Pride Corporation announced today that it will host its year end 2017 earnings conference call and webcast on Thursday, February 15, 2018 at 7:00 a.m. MT. Prepared ...
Headwinds such as outbreak of livestock diseases, stiff industry rivalry, environmental hazards or input price inflation might dent Pilgrim's Pride Corporation's (PPC) near-term results.
Understanding how Pilgrim’s Pride Corporation (NASDAQ:PPC) is performing as a company requires looking at more than just a years’ earnings. Today I will run you through a basic sense checkRead More...
Chicken producers Sanderson Farms (SAFM) and Pilgrim's Pride (PPC) both had great 2017s. While the USDA predicts that chicken supply will grow by just 2% this year, Jefferies analyst Akshay Jagdale and team's own model points to growth of 4%. Jagdale believes that Wall Street is underestimating the number of chickens being used to breed new chickens, as well as how many chickens those chickens can produce. "If we are right, chicken prices could be down 3-10% y/y, which points to significant downside to our already below consensus estimates for Sanderson Farms & Pilgrim's Pride," Jagdale writes.