PPC - Pilgrim's Pride Corp Stock Price, Fair Value and News

37.35USD-0.35 (-0.93%)Market Closed

Market Summary

USD37.35-0.35

Market Closed

-0.93%

PPC Alerts

Big jump in Earnings (Y/Y)

PPC Stock Price

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PPC RSI Chart

PPC Valuation

Market Cap

8.8B

Price/Earnings (Trailing)

18.03

Price/Sales (Trailing)

0.5

EV/EBITDA

6.51

Price/Free Cashflow

15.28

PPC Price/Sales (Trailing)

PPC Profitability

EBT Margin

3.39%

Return on Equity

14.05%

Return on Assets

5.02%

Free Cashflow Yield

6.54%

PPC Fundamentals

PPC Revenue

Revenue (TTM)

17.6B

Rev. Growth (Yr)

4.71%

Rev. Growth (Qtr)

-3.67%

PPC Earnings

Earnings (TTM)

490.8M

Earnings Growth (Yr)

3.3K%

Earnings Growth (Qtr)

29.53%

Breaking Down PPC Revenue

Last 7 days

0.6%

Last 30 days

5.9%

Last 90 days

30.8%

Trailing 12 Months

58.2%

How does PPC drawdown profile look like?

PPC Financial Health

Current Ratio

1.83

Debt/Equity

0.29

Debt/Cashflow

1.1

PPC Investor Care

Shares Dilution (1Y)

0.09%

Diluted EPS (TTM)

2.07

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	17.6B	0	0	0
2023	17.4B	17.1B	17.0B	17.4B
2022	15.7B	16.7B	17.4B	17.5B
2021	12.3B	13.1B	13.9B	14.8B
2020	11.8B	11.7B	12.0B	12.1B
2019	10.9B	10.9B	11.0B	11.4B
2018	11.0B	11.1B	11.0B	10.9B
2017	9.9B	10.1B	10.4B	10.8B
2016	9.2B	9.7B	10.0B	9.9B
2015	8.6B	8.5B	8.3B	8.8B
2014	8.4B	8.4B	8.5B	8.6B
2013	8.3B	8.5B	8.6B	8.4B
2012	7.5B	7.6B	7.8B	8.1B
2011	7.1B	7.3B	7.5B	7.5B
2010	6.9B	6.8B	6.7B	6.9B
2009	0	0	7.1B	7.0B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Tracking the Latest Insider Buys and Sells of Pilgrim's Pride Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	celis arquimedes	acquired	-	-	1,696	-
May 01, 2024	vasconcellos wallim cruz de jr	acquired	-	-	1,696	-
May 01, 2024	menon ajay	acquired	-	-	1,696	-
May 01, 2024	padilla raul	acquired	-	-	1,696	-
May 01, 2024	aslam farha	acquired	-	-	1,696	-
Mar 14, 2024	sandri fabio	sold	-1,332,940	33.3234	-40,000	president and ceo
Feb 20, 2024	galvanoni matthew r	acquired	-	-	27,197	chief financial officer
Feb 20, 2024	sandri fabio	acquired	-	-	48,954	president and ceo
Apr 27, 2023	celis arquimedes	acquired	-	-	2,790	-
Apr 27, 2023	aslam farha	acquired	-	-	2,790	-

Which funds bought or sold PPC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Redwood Investment Management, LLC	added	11.52	1,963,000	7,078,000	0.67%
May 16, 2024	COMERICA BANK	reduced	-4.82	81,793	533,813	-%
May 16, 2024	FourWorld Capital Management LLC	sold off	-100	-27,660	-	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-76.28	-956,528	398,867	-%
May 16, 2024	CASTLEARK MANAGEMENT LLC	reduced	-11.93	438,399	5,166,880	0.22%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.14	256,917	1,613,280	-%
May 16, 2024	Virtus Investment Advisers, Inc.	new	-	102,960	102,960	0.07%
May 16, 2024	Tidal Investments LLC	reduced	-5.61	100,647	688,699	0.01%
May 16, 2024	Pineridge Advisors LLC	sold off	-100	-526	-	-%
May 15, 2024	Point72 Hong Kong Ltd	sold off	-100	-85,746	-	-%

Are Funds Buying or Selling PPC?

Are funds buying PPC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PPC

No. of Funds

PPC Alerts

Big jump in Earnings (Y/Y)

Unveiling Pilgrim's Pride Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 18, 2022	jbs usa holding lux s.a r.l.	80.2%	195,445,936	SC 13D/A
Aug 13, 2021	jbs usa holding lux s.a r.l.	80.2%	195,445,936	SC 13D/A

Recent SEC filings of Pilgrim's Pride Corp

View All Filings

Date Filed	Form Type	Document
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 08, 2024	4	Insider Trading
May 02, 2024	8-K	Current Report
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
May 02, 2024	8-K	Current Report
Apr 01, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Pilgrim's Pride Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADM	30.5B	91.7B	1.99%	-15.35%	10.02	0.33	-10.07%	-31.73%
BG	15.0B	61.3B	-2.21%	16.07%	7.7	0.25	-8.91%	30.43%
CAG	14.7B	12.1B	1.62%	-14.16%	15.43	1.21	-0.78%	18.26%
CPB	13.8B	9.3B	7.27%	-12.09%	18.08	1.49	1.02%	-5.78%
ACI	11.9B	79.2B	0.88%	1.68%	9.19	0.15	2.05%	-14.37%
MID-CAP
BRBR	7.5B	1.8B	5.71%	59.23%	39.11	4.06	23.06%	29.48%
FRPT	6.1B	823.2M	20.41%	92.18%	627.36	7.45	30.53%	114.65%
FLO	5.2B	5.1B	4.80%	-15.22%	41.05	1.01	4.66%	-41.11%
CENT	3.0B	3.3B	17.04%	57.25%	20.35	0.91	1.49%	31.18%
CALM	2.8B	2.4B	-3.61%	21.31%	10.29	1.19	-22.17%	-63.60%
SMALL-CAP
ANDE	1.8B	13.6B	-9.19%	34.04%	14.42	0.13	-21.14%	9.65%
BGS	743.1M	2.0B	-11.49%	-26.60%	-6.76	0.37	-5.45%	-247.51%
BYND	467.2M	326.7M	11.98%	-36.95%	-1.4	1.43	-18.66%	-2.70%
ALCO	208.0M	103.1M	2.36%	17.74%	5.21	2.02	56.46%	236.17%
AQB	7.1M	2.6M	5.71%	277.55%	-0.22	2.8	-0.77%	-36.97%

Pilgrim's Pride Corp News

Latest updates

Pilgrim's Pride Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-3.7%	4,362	4,528	4,360	4,308	4,166	4,127	4,469	4,632	4,240	4,039	3,828	3,638	3,273	3,118	3,075	2,824	3,075	3,063	2,778	2,843	2,725
Gross Profit	19.6%	384	321	346	278	173	96.00	497	677	542	353	372	380	261	227	314	120	177	201	282	368	219
S&GA Expenses	-9.2%	119	131	139	148	134	143	158	164	140	292	251	503	103	188	220	93.00	93.00	116	94.00	88.00	82.00
EBITDA Margin	22.3%	0.07*	0.06*	0.04*	0.05*	0.07*	0.09*	0.10*	0.09*	0.05*	0.04*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Interest Expenses	-38.3%	41.00	67.00	46.00	47.00	43.00	41.00	37.00	38.00	36.00	35.00	30.00	51.00	30.00	31.00	31.00	32.00	33.00	33.00	32.00	34.00	34.00
Income Taxes	132.4%	52.00	22.00	45.00	-15.22	-8.84	25.00	66.00	113	75.00	5.00	30.00	-9.81	35.00	9.00	22.00	-2.96	39.00	19.00	46.00	76.00	20.00
Earnings Before Taxes	44.9%	227	157	166	46.00	-3.21	-129	325	475	356	42.00	91.00	-176	136	9.00	56.00	-9.36	106	111	156	246	105
EBT Margin	61.2%	0.03*	0.02*	0.00*	0.01*	0.04*	0.06*	0.07*	0.06*	0.02*	0.01*	0.00*	0.00*	-	-	-	-	-	-	-	-	-
Net Income	29.5%	174	135	121	60.00	5.00	-154	258	362	280	37.00	61.00	-166	100	0.00	33.00	-6.04	67.00	92.00	110	170	84.00
Net Income Margin	50.9%	0.03*	0.02*	0.00*	0.01*	0.03*	0.04*	0.05*	0.04*	0.01*	0.00*	0.00*	0.00*	-	-	-	-	-	-	-	-	-
Free Cashflow	-	172	-	165	96.00	-293	-265	223	80.00	145	-101	115	177	-245	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.4%	9,768	9,810	9,928	9,923	9,228	9,256	9,079	9,323	9,318	8,913	8,833	7,749	7,481	7,474	7,469	7,157	7,252	7,102	6,603	6,528	6,373
Current Assets	-0.8%	4,172	4,204	4,429	4,365	3,823	3,892	4,033	3,999	3,793	3,306	3,242	3,129	2,876	2,903	3,058	2,803	2,860	2,598	2,614	2,477	2,286
Cash Equivalents	28.3%	895	698	899	731	151	401	684	723	756	450	565	490	410	548	785	534	536	281	625	572	399
Inventory	-6.2%	1,862	1,985	1,997	2,048	2,022	1,990	1,935	1,840	1,709	1,576	1,557	1,530	1,440	1,359	1,329	1,347	1,362	1,384	1,261	1,187	1,166
Net PPE	-0.2%	3,152	3,158	3,103	3,086	2,997	2,941	2,812	2,854	2,890	2,918	2,848	2,677	2,682	2,657	2,586	2,549	2,563	2,592	2,211	2,210	2,196
Goodwill	-0.9%	1,275	1,286	1,243	1,283	1,244	1,228	1,124	1,244	1,320	1,337	353	1,025	1,019	1,005	955	930	2.00	974	925	950	971
Liabilities	-3.0%	6,274	6,466	6,837	6,850	6,321	6,402	6,339	6,451	6,524	6,324	6,216	5,154	4,745	4,899	5,038	4,782	4,775	4,566	4,273	4,255	4,228
Current Liabilities	-8.7%	2,280	2,496	2,531	2,542	2,494	2,570	2,608	2,471	2,476	2,391	2,271	2,245	1,712	1,938	1,695	1,485	1,516	1,648	1,438	1,393	1,358
LT Debt, Current	-3.6%	1.00	1.00	1.00	1.00	26.00	26.00	26.00	26.00	36.00	26.00	20.00	25.00	25.00	25.00	25.00	26.00	26.00	26.00	27.00	30.00	28.00
Shareholder's Equity	4.9%	3,494	3,331	3,078	3,073	2,907	2,841	2,740	2,872	2,794	2,589	2,616	2,595	2,736	2,575	2,431	2,374	2,476	2,536	2,330	2,273	2,145
Retained Earnings	8.4%	2,245	2,071	1,936	1,815	1,755	1,749	1,904	1,646	1,284	1,004	967	906	1,073	973	972	939	945	878	786	676	506
Additional Paid-In Capital	0.2%	1,984	1,979	1,975	1,973	1,971	1,970	1,970	1,969	1,966	1,964	1,963	1,960	1,956	1,954	1,954	1,959	1,956	1,955	1,952	1,950	1,947
Shares Outstanding	0.0%	237	237	237	237	237	236	239	240	244	244	244	244	-	-	-	-	-	-	-	-	-
Minority Interest	3.9%	14.00	13.00	14.00	13.00	13.00	12.00	13.00	12.00	12.00	12.00	12.00	12.00	12.00	12.00	10.00	10.00	11.00	10.00	10.00	10.00	10.00
Float	-	-	-	-	854	-	-	-	1,350	-	-	-	1,097	-	-	-	824	-	-	-	1,344	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-2.6%	271,027	278,279	310,257	251,045	-161,704	-120,750	369,394	194,223	226,996	-1,036	212,543	258,503	-143,551	215,912	367,609	119,662	21,064	131,017	132,140	282,995	120,369
Share Based Compensation	138.4%	4,744	1,990	1,936	2,100	1,200	1,003	1,636	2,383	1,963	3,237	3,250	3,126	2,042	1,015	-4,758	2,791	676	2,810	2,105	3,335	1,882
Cashflow From Investing	2.5%	-106,212	-108,881	-143,529	-133,470	-117,471	-114,918	-131,644	-113,114	-85,576	-111,842	-1,049,512	-73,266	-89,093	-101,898	-82,607	-64,221	-78,276	-473,504	-67,688	-88,467	-87,402
Cashflow From Financing	100.3%	1,256	-383,539	-163	473,548	26,881	-19,639	-268,416	-110,289	166,330	-235	914,387	-105,831	92,990	-358,835	-36,436	-56,682	315,245	-6,813	-10,251	-21,379	3,917
Buy Backs	-	-	-	-	-	-	-	79,564	92,966	27,023	-	-	-	-	-	29,927	49,973	27,906	-	-	2,898	-

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PPC Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 26, 2023
Income Statement [Abstract]
Net sales	$ 4,361,934	$ 4,165,628
Cost of sales	3,978,025	3,992,581
Gross profit	383,909	173,047
Selling, general and administrative expense	119,076	133,678
Restructuring activities	14,559	8,026
Operating income	250,274	31,343
Interest expense, net of capitalized interest	41,243	42,662
Interest income	(10,346)	(3,600)
Foreign currency transaction losses (gains)	(4,337)	18,143
Miscellaneous, net	(3,286)	(22,653)
Income (loss) before income taxes	227,000	(3,209)
Income tax expense (benefit)	52,062	(8,840)
Net income	174,938	5,631
Less: Net income attributable to noncontrolling interests	517	444
Net income attributable to Pilgrim’s Pride Corporation	$ 174,421	$ 5,187
Weighted average shares of Pilgrim’s Pride Corporation common stock outstanding:
Basic (in shares)	236,844	236,585
Effect of dilutive common stock equivalents (in shares)	647	579
Diluted (in shares)	237,491	237,164
Net income attributable to Pilgrim’s Pride Corporation per share of common stock outstanding:
Basic (in dollars per share)	$ 0.74	$ 0.02
Diluted (in dollars per share)	$ 0.73	$ 0.02

PPC Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Cash and cash equivalents	$ 870,820	$ 697,748
Restricted cash and restricted cash equivalents	24,063	33,475
Inventories	1,861,989	1,985,399
Income taxes receivable	141,122	161,062
Prepaid expenses and other current assets	222,327	195,831
Total current assets	4,171,877	4,204,471
Deferred tax assets	7,151	4,890
Other long-lived assets	45,955	35,646
Operating lease assets, net	279,105	266,707
Intangible assets, net	837,747	853,983
Goodwill	1,274,721	1,286,261
Property, plant and equipment, net	3,151,784	3,158,403
Total assets	9,768,340	9,810,361
Revenue contract liabilities	45,422	84,958
Accrued expenses and other current liabilities	876,217	926,727
Income taxes payable	48,022	31,678
Current maturities of long-term debt	650	674
Total current liabilities	2,279,745	2,495,867
Noncurrent operating lease liabilities, less current maturities	217,660	203,348
Long-term debt, less current maturities	3,342,664	3,340,841
Deferred tax liabilities	401,003	385,548
Other long-term liabilities	32,890	40,180
Total liabilities	6,273,962	6,465,784
Common stock	2,621	2,620
Treasury stock	(544,687)	(544,687)
Additional paid-in capital	1,983,592	1,978,849
Retained earnings	2,245,494	2,071,073
Accumulated other comprehensive loss	(206,364)	(176,483)
Total Pilgrim’s Pride Corporation stockholders’ equity	3,480,656	3,331,372
Noncontrolling interest	13,722	13,205
Total stockholders’ equity	3,494,378	3,344,577
Total liabilities and stockholders’ equity	9,768,340	9,810,361
Nonrelated Party
Trade accounts, receivable from related party and other receivables, net	1,049,410	1,129,178
Accounts payable	1,295,910	1,410,576
Related Party
Trade accounts, receivable from related party and other receivables, net	2,146	1,778
Accounts payable	$ 13,524	$ 41,254

About Pilgrim's Pride Corp

Pilgrim's Pride Corporation engages in the production, processing, marketing and distribution of fresh, frozen and value-added chicken, and pork products to retailers, distributors, and foodservice operators in the United States, the United Kingdom, Mexico, the Middle East, Asia, Continental Europe, and internationally. The company offers fresh products, including pre-marinated or non-marinated chicken, frozen whole chickens, breast fillets, mini breast fillets and prepackaged case-ready chicken, primary pork cuts, and pork and pork ribs; and prepared products, which include portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, bone-in chicken parts, processed sausages, bacon, slow cooked, smoked meat, and gammon joints, as well as variety of meat products, pre-packed meats, sandwich and deli counter meats, pulled pork balls, meatballs, and coated foods. In addition, its exported products include whole chickens and chicken parts sold either refrigerated for distributors in the U.S. or frozen for distribution to export markets and primary pork cuts, hog heads, and trotters frozen for distribution to export markets. The company offers its products under the Pilgrim's, Just BARE, Gold'n Pump, Gold Kist, County Pride, Pierce Chicken, Pilgrim's Mexico, County Post, Savoro, To-Ricos, Del Dia, Moy Park, O'Kane, Richmond, Fridge Raiders, and Denny brands. Pilgrim's Pride Corporation sells its products to the foodservice market principally consists of chain restaurants, food processors, broad-line distributors, and other institutions; and retail market, which comprise primarily grocery store chains, wholesale clubs, and other retail distributors. The company was founded in 1946 and is headquartered in Greeley, Colorado. Pilgrim's Pride Corporation is a subsidiary of JBS S.A.

CEO	Mr. Fabio Sandri
WEBSITE	pilgrims.com
INDUSTRY	Packaged Foods
EMPLOYEES	61900

Pilgrim's Pride Corp Frequently Asked Questions

What is the ticker symbol for Pilgrim's Pride Corp? What does PPC stand for in stocks?

PPC is the stock ticker symbol of Pilgrim's Pride Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Pilgrim's Pride Corp (PPC)?

As of Fri May 17 2024, market cap of Pilgrim's Pride Corp is 8.85 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PPC stock?

You can check PPC's fair value in chart for subscribers.

What is the fair value of PPC stock?

You can check PPC's fair value in chart for subscribers. The fair value of Pilgrim's Pride Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Pilgrim's Pride Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PPC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Pilgrim's Pride Corp a good stock to buy?

The fair value guage provides a quick view whether PPC is over valued or under valued. Whether Pilgrim's Pride Corp is cheap or expensive depends on the assumptions which impact Pilgrim's Pride Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PPC.

What is Pilgrim's Pride Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, PPC's PE ratio (Price to Earnings) is 18.03 and Price to Sales (PS) ratio is 0.5. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PPC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Pilgrim's Pride Corp's stock?

In the past 10 years, Pilgrim's Pride Corp has provided 0.072 (multiply by 100 for percentage) rate of return.