Pilgrim’s Pride Corporation which can be found using ticker (PPC) have now 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between 28.5 and 25 suggesting an average Analsyt target price of $26.42. Given that the stocks previous close was at $23.42 this would indicate that there is a potential upside of 12.8%. The 50 day moving average now sits at $22.77 and the 200 day MA is $24.50. The company has a market capitalization of 5.60B. The current share price for the company is: 23.67 USD
The potential market cap would be $6,321,249,904 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 12.2, revenue per share of 73.08 and a 5.91% return on assets.
Pilgrim’s Pride Corporation is primarily engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken and pork products to retailers, distributors and foodservice operators. The Company operates through three segments: United States (U.S.), United Kingdom (U.K.) and Europe, and Mexico. The Company’s Fresh products consist of refrigerated (nonfrozen) whole or cut-up chicken, frozen whole chickens, breast fillets, primary pork cuts, added value pork and pork ribs. Its Prepared products include portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties and bone-in chicken parts. Its Exported products primarily consist of whole chickens and chicken parts sold either refrigerated for distributors in the United States or frozen for distribution to export markets, and Market overview consists of chain restaurants, food processors, broad-line distributors and certain other institutions.
