Workflow
Pilgrim's(PPC)
icon
Search documents
Pilgrim's Pride (PPC) Laps the Stock Market: Here's Why
ZACKS· 2025-06-12 22:51
Company Performance - Pilgrim's Pride (PPC) closed at $45.75, reflecting a +1.42% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.38% [1] - Over the past month, shares of Pilgrim's Pride have decreased by 1.27%, underperforming the Consumer Staples sector's gain of 2.14% and the S&P 500's gain of 6.6% [1] Earnings Projections - The upcoming earnings per share (EPS) for Pilgrim's Pride is projected at $1.63, indicating a 2.40% decline compared to the same quarter last year [2] - For the entire fiscal year, the Zacks Consensus Estimates forecast earnings of $5.39 per share and revenue of $0 million, representing changes of -0.55% and 0% from the prior year, respectively [2] Analyst Estimates - Recent changes to analyst estimates for Pilgrim's Pride indicate a dynamic nature of near-term business trends, with positive revisions reflecting analyst optimism regarding the company's profitability [3] Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Pilgrim's Pride at 3 (Hold), with a recent downward shift of 0.37% in the consensus EPS estimate [5] - Pilgrim's Pride is trading at a Forward P/E ratio of 8.38, which is a discount compared to the industry average Forward P/E of 12.24 [6] Industry Context - The Food - Meat Products industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 164, placing it in the bottom 34% of over 250 industries [6][7] - The Zacks Industry Rank measures the strength of industry groups by averaging the Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Pilgrim's Pride: No Beef With Growing Profits
Seeking Alpha· 2025-05-28 22:17
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to wheth ...
Pilgrim's Pride: Consider Adding This Chicken Company To Your Flock
Seeking Alpha· 2025-05-26 17:53
Group 1 - Consumer behavior is shifting as individuals seek to cut costs, leading to an increase in car payment delinquencies and rising credit card delinquencies [1] - Despite relatively stable inflation, these financial challenges are becoming more pronounced [1] - Observing megatrends can provide insights into societal advancements and potential investment opportunities, although identifying the right companies to capitalize on these trends is complex [1] Group 2 - The focus on fundamentals, quality of leadership, and product pipeline is essential for uncovering investment opportunities [1] - Recent emphasis has been placed on marketing and business strategy for medium-sized companies and startups [1] - Experience includes evaluating startups and emerging industries/technologies, indicating a strong background in assessing growth potential [1]
PPC Trading Cheaper Than Industry: What's Next for Investors?
ZACKS· 2025-05-23 11:06
Core Insights - Pilgrim's Pride Corporation (PPC) is currently trading at a forward 12-month price-to-earnings ratio of 9.84X, which is below the industry average of 12.55X and the S&P 500's average of 21.49X, indicating it may be undervalued [1] - The company reported first-quarter 2025 adjusted earnings of $1.31 per share, a significant increase from 77 cents in the prior-year quarter, reflecting strong operational performance [5] - PPC's shares have gained 2.3% over the past three months, contrasting with declines in both the industry and the S&P 500 index [4] Financial Performance - In the first quarter of 2025, PPC's cost of sales decreased to $3,908.1 million from $3,978 million in the prior-year quarter, leading to a gross profit increase to $554.9 million from $383.9 million [7] - The Zacks Consensus Estimate for PPC's earnings per share has seen upward revisions, with the current fiscal estimate rising by 13 cents to $5.41 and the next fiscal estimate increasing by 25 cents to $4.82 [11] Growth Strategy - PPC is well-positioned for growth due to strong consumer demand for chicken, strategic market positioning, and enhanced operational efficiencies [5] - The USDA projects a 1.7% year-over-year increase in U.S. chicken production for 2025, which, along with a 1.6% rise in overall protein availability, supports strong pricing for PPC's products [6] - The company introduced over 80 new products in the first quarter of 2025, with combined sales of the Just BARE and Pilgrim's brands surging more than 50% [8] Challenges - PPC faces challenges in its export business, with a decline in export volumes in the first quarter of 2025 due to trade uncertainties and domestic demand constraints [12] - Selling, general and administrative expenses (SG&A) increased to $133.8 million from $119.1 million in the prior-year quarter, primarily due to higher legal costs and elevated incentive compensation [13]
PPC Q1 Earnings Beat Estimates, U.S. Operations Drive Sales Growth
ZACKS· 2025-05-01 17:15
Pilgrim’s Pride Corporation (PPC) reported first-quarter 2025 results, with both top and bottom lines increasing from the year-ago quarter. Also, the company’s earnings surpassed the Zacks Consensus Estimate. PPC benefited from its portfolio diversification strategies, operational excellence, branded offerings and key customer partnerships.PPC’s Q1 Results in DetailPilgrim's Pride reported adjusted earnings of $1.31 per share, surpassing the Zacks Consensus Estimate of $1.26. Also, the figure increased from ...
Pilgrim's(PPC) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:00
Pilgrim's Pride (PPC) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Speaker0 Good morning and welcome to the First Quarter of twenty twenty five Pilgrim's Pride Earnings Conference Call and Webcast. All participants will be in listen only mode. At the company's request, this call is being recorded. Please note that slides referenced during today's call are available for download from the Investors section of the company's website at www.pilgrims.com. After today's presentation, there will be a question and ...
Pilgrim's(PPC) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:00
Pilgrim's Pride (PPC) Q1 2025 Earnings Call May 01, 2025 09:00 AM ET Company Participants Andrew Rojeski - Head of Strategy, Investor Relations & Net-Zero ProgramsFabio Sandri - President and Global Chief Executive OfficerMatthew Galvanoni - CFOBenjamin Theurer - Managing DirectorBenjamin Wood - VP - Equity ResearchHeather Jones - FounderPooran Sharma - Managing DirectorYasmine Deswandhy - Equity Research AssociateWilliam Pérez Vega - Environmental Superintendent Conference Call Participants Priya Ohri-Gupt ...
Pilgrim's(PPC) - 2025 Q1 - Earnings Call Presentation
2025-05-01 12:17
Financial Results For The First Quarter Ended March 30th 2025 Pilgrim's Pride Corporation (NASDAQ: PPC) Cautionary Notes and Forward-Looking Statements ▪ Statements contained in this press release that state the intentions, plans, hopes, beliefs, anticipations, expectations or predictions of the future of Pilgrim's Pride Corporation and its management are considered forward-looking statements. Without limiting the foregoing, words such as "anticipates," "believes," "estimates," "expects," "intends," "may," ...
Pilgrim's(PPC) - 2025 Q1 - Quarterly Report
2025-05-01 01:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File number 1-9273 PILGRIM'S PRIDE CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incor ...
Pilgrim's(PPC) - 2025 Q1 - Quarterly Results
2025-04-30 22:52
(1) Reconciliations for non-U.S. GAAP measures are provided in subsequent sections within this release. Pilgrim's Pride Reports First Quarter 2025 Results with $4.5 Billion in Net Sales and Operating Income of $404.5 Million "While facing volatility during the quarter, we maintained our focus on controlling the controllables and consistent execution of our strategies," said Fabio Sandri, Pilgrim's President and CEO. "We continued to cultivate Key Customer partnerships through differentiated offerings and a ...