Pilgrim’s Pride Corp (PPC) stock expected to rise by 30.72%: What’s driving the optimism?

At the time of writing, Pilgrim’s Pride Corp [PPC] stock is trading at $45.90, down -0.13%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PPC shares have gain 1.15% over the last week, with a monthly amount drifted -5.63%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, BofA Securities downgraded its rating to Neutral on August 15, 2024, and kept the price target unchanged to $47. On August 12, 2024, downgrade downgraded it’s rating to Market Perform but maintained its price target of $46 on the stock. Argus started tracking the stock assigning a Buy rating and suggested a price target of $41 on June 18, 2024. Barclays downgraded its rating to a Equal Weight and raised its price target to $38 on April 16, 2024. BMO Capital Markets upgraded its rating to Outperform for this stock on July 13, 2023, and upped its price target to $28. In a note dated April 28, 2023, BofA Securities upgraded an Buy rating on this stock but restated the target price of $26.

For the past year, the stock price of Pilgrim’s Pride Corp fluctuated between $30.54 and $55.18. Currently, Wall Street analysts expect the stock to reach $60 within the next 12 months. Pilgrim’s Pride Corp [NASDAQ: PPC] shares were valued at $45.90 at the most recent close of the market. An investor can expect a potential return of 30.72% based on the average PPC price forecast.

Analyzing the PPC fundamentals

According to Pilgrim’s Pride Corp [NASDAQ:PPC], the company’s sales were 17.97B for trailing twelve months, which represents an 2.34% jump. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.32 and Total Capital is 0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.1.

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 45.55 points at the first support level, and at 45.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.36, and for the 2nd resistance point, it is at 46.83.

Ratios To Look Out For

It is important to note that Pilgrim’s Pride Corp [NASDAQ:PPC] has a current ratio of 1.35. In addition, the Quick Ratio stands at 0.88 and the Cash Ratio stands at 0.52. Considering the valuation of this stock, the price to sales ratio is 0.61, the price to book ratio is 3.48 and price to earnings (TTM) ratio is 9.04.

Transactions by insiders

Recent insider trading involved Sandri Fabio, President and CEO, that happened on Jun 09 ’25 when 70000.0 shares were sold. Officer, Fabio Sandri completed a deal on Jun 06 ’25 to buy 70000.0 shares. Meanwhile, Chief Financial Officer Galvanoni Matthew R sold 5483.0 shares on Feb 18 ’25.

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