|Bid||23.75 x 3100|
|Ask||24.42 x 1000|
|Day's Range||23.61 - 24.54|
|52 Week Range||20.23 - 34.66|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||7.86|
|Earnings Date||Oct 25, 2022 - Oct 31, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 06, 2016|
|1y Target Est||33.07|
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The food industry is composed of companies that focus primarily on offering food and nonalcoholic beverage products. Companies in the food industry include The Kroger Co., Darling Ingredients Inc., and B&G Foods Inc. The food sector, as represented by the S&P 1500 Food Products Industry Index, has significantly outperformed the broader market, with a one-year trailing total return of 11.6% compared with -12.5% for the Russell 1000 Index, as of Sept. 19, 2022.
Pilgrim's Pride Corporation ("PPC") announced today that it is soliciting consents (the "Consents") from the holders of each of its (i) 4.250% Sustainability-Linked Senior Notes due 2031 (the "2031 Notes"), and (ii) 3.500% Senior Notes due 2032 (the "2032 Notes" and, collectively with the 2031 Notes, the "Notes"), each issued by PPC to certain proposed amendments as set forth below (with respect to each series of Notes, the "Proposed Amendments") to the indentures governing each series of Notes
Pilgrim's Pride (PPC) benefits from long-term investments like capacity expansion and automation. However, rising pressures from inflation are a concern.