A share price of Pilgrim’s Pride Corp. [PPC] is currently trading at $46.58, up 0.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PPC shares have gain 4.28% over the last week, with a monthly amount glided 10.35%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Pilgrim’s Pride Corp. [NASDAQ: PPC] stock has seen the most recent analyst activity on August 15, 2024, when BofA Securities downgraded its rating to a Neutral but kept the price target unchanged to $47 for it. Previously, BMO Capital Markets downgraded its rating to Market Perform on August 12, 2024, and kept the price target unchanged to $46. On June 18, 2024, Argus initiated with a Buy rating and assigned a price target of $41 on the stock. Barclays downgraded its rating to a Equal Weight and increased its price target to $38 on April 16, 2024. BMO Capital Markets upgraded its rating to a Outperform and raised its price target to $28 on July 13, 2023. BofA Securities upgraded its rating to Buy for this stock on April 28, 2023, but kept the price target unchanged to $26.
Pilgrim’s Pride Corp. experienced fluctuations in its stock price throughout the past year between $22.33 and $46.70. Currently, Wall Street analysts expect the stock to reach $37.75 within the next 12 months. Pilgrim’s Pride Corp. [NASDAQ: PPC] shares were valued at $46.58 at the most recent close of the market. An investor can expect a potential drop of -18.96% based on the average PPC price forecast.
Analyzing the PPC fundamentals
Trailing Twelve Months sales for Pilgrim’s Pride Corp. [NASDAQ:PPC] were 17.80B which represents 5.74% growth. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.22 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.87.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 46.08 points at the first support level, and at 45.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.26, and for the 2nd resistance point, it is at 47.94.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Pilgrim’s Pride Corp. [NASDAQ:PPC] is 1.82. Also, the Quick Ratio is 1.09, while the Cash Ratio stands at 0.54. Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 2.96 and price to earnings (TTM) ratio is 14.62.
Transactions by insiders
Recent insider trading involved Sandri Fabio, President and CEO, that happened on Aug 06 ’24 when 65000.0 shares were sold. Chief Financial Officer, Galvanoni Matthew R completed a deal on Aug 06 ’24 to sell 6500.0 shares. Meanwhile, Officer Galvanoni Matthew R bought 6500.0 shares on Aug 06 ’24.
