Pilgrim's Pride (PPC) Outperforms Broader Market: What You Need to Know

Company Performance - Pilgrim's Pride (PPC) stock increased by 1.09% to $47.81, outperforming the S&P 500's daily gain of 0.4% [1] - Prior to the latest trading session, PPC shares had gained 6.15%, while the Consumer Staples sector experienced a loss of 0.48% and the S&P 500 gained 4.61% [1] Upcoming Earnings - The earnings report for Pilgrim's Pride is scheduled for July 30, 2025, with an expected EPS of $1.54, reflecting a decrease of 7.78% from the previous year [2] - Full-year Zacks Consensus Estimates predict earnings of $5.27 per share and revenue of $0 million, indicating year-over-year changes of -2.77% and 0%, respectively [2] Analyst Estimates - Recent changes to analyst estimates for Pilgrim's Pride suggest shifting short-term business dynamics, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Zacks Rank and Valuation - Pilgrim's Pride currently holds a Zacks Rank of 4 (Sell), with a 2.14% decline in the Zacks Consensus EPS estimate over the past month [5] - The company has a Forward P/E ratio of 8.97, which is lower than the industry average of 12.24, indicating a valuation discount [6] Industry Context - The Food - Meat Products industry, part of the Consumer Staples sector, ranks in the bottom 21% of all industries, with a current Zacks Industry Rank of 197 [6] - The Zacks Industry Rank evaluates the performance of industry groups, showing that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]