GREELEY, Colo., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Pilgrim's [NASDAQ: PPC], a leading global food company, today announced the release of its 2023 Sustainability Report, which includes highlights and achievements from the past year across the company's global operations. The report details advancements in critical areas of sustainability in the United States, Puerto Rico, Mexico, Europe and the United Kingdom. Pilgrim's produces high-quality poultry, pork, retail-ready, and prepared foods products, while foc ...

Pilgrim's Pride Corporation (PPC) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 9.32, which is lower than the industry average of 15.96 and the broader Zacks Consumer Staple sector's 17.92. The company is also trading below the S&P 500's P/E ratio of 22.22. This valuation indicates that PPC stock may be undervalued relative to its peers, presenting a compelling investment opportunity for value-focused investors. PPC stock is trading at a discount compared to peers like Hormel F ...

Pilgrim's Pride (PPC) closed at $45.27 in the latest trading session, marking a +0.33% move from the prior day. This change outpaced the S&P 500's 0.76% loss on the day. Elsewhere, the Dow saw a downswing of 0.75%, while the tech-heavy Nasdaq depreciated by 1.01%. The the stock of poultry producer has risen by 9.91% in the past month, leading the Consumer Staples sector's loss of 2.15% and the S&P 500's gain of 4.31%. Analysts and investors alike will be keeping a close eye on the performance of Pilgrim's P ...

Pilgrim's Pride Corporation (PPC) has reached a significant support level and could be a good pick for investors from a technical perspective. The company recently broke through its 50-day simple moving average (SMA) and is currently trading above both its 200-day and 50-day SMA, which suggests a long-term bullish trend. SMA is employed to ascertain whether the price of a security is trending upward or downward. Closing at $44.58 on Friday, the stock is trading higher than its 200-day and 50-day SMA of $36. ...

GREELEY, Colo., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its third quarter 2024 financial results after the U.S. market closes on Wednesday, October 30. The company's executives will review the results on a conference call and webcast on Thursday, October 31, 2024, at 7:00 a.m. MT (9:00 a.m. ET). Prepared remarks regarding the company's financial and operational results will be followed by a question and answer period with Pilgrim's exe ...

The most recent trading session ended with Pilgrim's Pride (PPC) standing at $43.07, reflecting a +0.14% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.25%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.56%. The the stock of poultry producer has fallen by 4.7% in the past month, lagging the Consumer Staples sector's gain of 1.17% and the S&P 500's gain of 1.65%. Investors will be eagerly watching for the ...

Pilgrim's Pride Corporation (PPC) is trading at a price-to-earnings (P/E) multiple, which is far below the Zacks Food - Meat Products industry and S&P 500 averages. Pilgrim's Pride's forward 12-month P/E ratio sits at 9.03, lower than the industry's average of 15.33 and the S&P 500's average of 21.48. The discounted valuation signals that the market might be underestimating the company's growth prospects, creating an opportunity for better-than-anticipated performance. PPC stock is trading at a discount rel ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they bel ...

The most recent trading session ended with Pilgrim's Pride (PPC) standing at $42.13, reflecting a +1.59% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.29% loss on the day. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 0.31%. Shares of the poultry producer have depreciated by 4.75% over the course of the past month, underperforming the Consumer Staples sector's gain of 3.54% and the S&P 500's gain of 1.57%. Investors will be eagerly watching for t ...

Pilgrim's Pride Corporation (PPC) has built a strong foundation in the chicken protein market. By diversifying its portfolio, focusing on branded offerings and building strategic partnerships, PPC is positioned to drive sustained growth. These strategies enable the company to capitalize on evolving consumer preferences and strengthen its competitive edge. Focus on key customers is a pathway for refining its portfolio and creating competitive advantages over its peers. The company's Case Ready business in th ...