Investors should take the time to consider PPC for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores. The 2019 purchase of Tulip, the U.K. PPC has an average earnings surprise of 46.1%. Pilgrims Pride is the second-largest poultry producer in the U.S. The Zacks Consensus Estimate has increased $0.17 to $3.99 per share. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2022. Value investors don't just pay attention to a company's valuation ratios positive earnings play a crucial role, too. Value investors should also note PPC's Price/Sales ratio of 0.3X. Net income attributable to Pilgrim’s Pride Corporation 5,187 280,438 Weighted average shares of Pilgrim's Pride Corporation common stock outstanding: Basic 236,585 243,670 Effect of dilutive common stock equivalents 579 630 Diluted 237,164 244,300 Net income attributable to Pilgrim's Pride Corporation per share of common stock outstanding. Additionally, PPC has a PEG Ratio of 2.3 and a Price/Cash Flow ratio of 6.5X. Shares are currently trading at a forward P/E of 13.5X for the current fiscal year compared to the Food - Meat Products industry's P/E of 11.9X. PPC is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of A. Also, the company has been increasing its product mix for organic category, including No-Antibiotics-Ever products, to cater customers' evolving tastes. Pilgrim’s Pride CorporationPPC reported first-quarter 2023 results, with both the top line and the bottom line deteriorating from the year-ago quarter’s level. We provides investment advice on Pilgrims Pride Stock only from the perspective. ![]() The category grew in the United States during the fourth quarter of 2019 on continued investments in R&D and sales as well as marketing of new product innovations. Macroaxis investing advice on Pilgrims Pride Corp is currently Strong Hold. ![]() Pilgrim's Pride Corporation is focusing on strengthening its Prepared Foods category. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks. We believe that multi-national food company, and one of the largest chicken producers in the United States and Puerto Rico. Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Pilgrim’s Pride Stock Still Down 47 YTD: Opportunity For 20 Gains. Why Investors Should Pay Attention to This Value Stock These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics. ![]() While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
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