17.05 +0.05 (0.30%)
After hours: 4:11PM EST
|Bid||16.77 x 1800|
|Ask||17.62 x 800|
|Day's Range||16.97 - 17.20|
|52 Week Range||16.01 - 34.67|
|Beta (3Y Monthly)||-0.09|
|PE Ratio (TTM)||10.86|
|Earnings Date||Feb 12, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.33|
A tough pricing scenarios in commodity chicken weighs on Pilgrim's Pride (PPC) performance. Rising cost of sales is also a concern.
The elite funds run by legendary investors such as Dan Loeb and David Tepper make hundreds of millions of dollars for themselves and their investors by spending enormous resources doing research on small cap stocks that big investment banks don’t follow. Because of their pay structures, they have strong incentive to do the research necessary […]
FinFit, a FinTech company that provides over 125,000 employers with a unique financial wellness benefit platform, today announced a partnership with Pilgrim’s Pride Corporation (PPC), a leading global provider of fresh and value-added poultry and prepared foods. FinFit’s innovative platform is now available to Pilgrim’s U.S.-based employees, providing them with a suite of tools and resources to improve their financial wellness, which is proven to increase employee productivity. Twenty-two percent of Pilgrim’s employees have already enrolled in the program and are taking steps towards improving their financial wellbeing.
Pilgrim's Pride (PPC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, Nov. 28, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
On November 20, Hormel Foods (HRL) stock fell 0.9% after the company announced its fourth-quarter results. The company’s sales of $2.53 billion missed analysts’ consensus estimate of $2.57 billion. However, Hormel Foods’ adjusted EPS of $0.51 was better than the consensus estimate of $0.49.
Hormel Foods (HRL) reported its fourth-quarter results on November 20. The company’s fourth-quarter sales of $2.53 billion fell short of analysts’ consensus estimate of $2.57 billion. On a year-over-year basis, the company’s fourth-quarter sales rose 1.3% due to strength in brands like Skippy and acquisitions. The adjusted EPS of $0.51 beat the consensus estimate of $0.49. Hormel Foods also announced a 12% hike in its quarterly dividend to $0.84.
Hormel Foods is slated to report its fourth-quarter results on November 20. Its reduced tax burden is likely to support its bottom-line performance. Analysts expect adjusted EPS growth of 18.7% to $0.47 for the fourth quarter. Hormel Foods is expected to report a 3.0% increase in sales to $2.57 billion in the fourth quarter.
On November 14, Hormel Foods Corporation (HRL) was trading at a 12-month forward PE multiple of 24.3x. Meanwhile, Tyson Foods (TSN) is trading at a 12-month forward PE ratio of ~9.7x. Pilgrim’s Pride (PPC), Sanderson Farms (SAFM), ConAgra (CAG), and Campbell Soup (CPB) are trading at 12-month forward PEs of 10.3x, 53.5x, 14.2x, and 15.4x, respectively, as of November 14.
As of November 14, of the 12 analysts covering Hormel Foods’ (HRL) stock, 17% recommend a “buy” while 67% recommend a “hold” and the remaining 16% recommend a “sell.”
Americans are losing their taste for chicken and eating more beef and pork as President Donald Trump's trade wars reduce U.S. pork exports to China and Mexico and leave cheaper bacon and ribs at home. An expansion in the number of U.S. hogs and cattle is contributing to the change in diets by boosting supplies of pork and beef. Restaurants are seizing on the increases to promote hamburgers instead of chicken, while grocery stores have featured pork.
Mid-caps stocks, like Pilgrim’s Pride Corporation (NASDAQ:PPC) with a market capitalization of US$4.5b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap Read More...
Pilgrim's Pride (PPC) delivered earnings and revenue surprises of -61.82% and -0.82%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Greeley, Colorado-based company said it had net income of 12 cents. Earnings, adjusted for one-time gains and costs, were 21 cents per share. The poultry producer posted revenue ...
Pilgrim's Pride Corporation (PPC) (the “Company”) today announced that its Board of Directors has approved a new $200.0 million share repurchase authorization for its common stock over the next 12 months, reinforcing the Company’s commitment to creating shareholder value and the strength of Pilgrim’s balance sheet and operating cash flow. The Company plans to implement its stock repurchase program through various means, which may include but are not limited to open market purchases, privately negotiated transactions, the use of derivative instruments and/or accelerated share repurchase programs. The extent to which the Company repurchases its shares and the timing of such repurchases will vary and depend upon market conditions and other corporate considerations, as determined by the Company’s management team. The Company reserves the right to limit or terminate the repurchase program at any time without notice.
GREELEY, Colo., Oct. 31, 2018 -- Pilgrim’s Pride Corporation (NASDAQ: PPC) reports third quarter 2018 financial results. Third Quarter Highlights Net Sales of $2.70.
Pilgrim's Pride (PPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, Oct. 18, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Moody's Investors Service ("Moody's") upgraded JBS S.A. (JBS)'s corporate family rating to Ba3 from B1 and the senior unsecured ratings of its wholly-owned subsidiary JBS USA Lux S.A. (JBS USA) to Ba3 from B1. The senior secured bank facility under JBS USA Lux S.A. was upgraded to Ba2 from Ba3.
Pilgrim’s Pride Corporation (PPC) announced today that it will host its third quarter 2018 earnings conference call and webcast on Thursday, November 1, 2018 at 7:00 a.m. MT (9:00 a.m. ET). Prepared remarks regarding the company’s financial and operational results will be followed by a question and answer period with Pilgrim’s executive management team. The Company’s primary distribution is through retailers and foodservice distributors. For more information, please visit www.pilgrims.com.
Investors with a long-term horizong may find it valuable to assess Pilgrim’s Pride Corporation’s (NASDAQ:PPC) earnings trend over time and against its industry benchmark as opposed to simply looking at Read More...