Pilgrim’s Pride Corp. (NASDAQ: PPC) on Tuesday, soared 1.34% from the previous trading day, before settling in for the closing price of $45.51. Within the past 52 weeks, PPC’s price has moved between $23.15 and $49.07.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 10.02%. The company achieved an average annual earnings per share of 169.39%. With a float of $41.27 million, this company’s outstanding shares have now reached $236.79 million.
Considering the fact that the conglomerate employs 61200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 9.72%, operating margin of 6.76%, and the pretax margin is 5.49%.
Pilgrim’s Pride Corp. (PPC) Breakdown of a Key Holders of the stock
Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Pilgrim’s Pride Corp. is 82.59%, while institutional ownership is 16.14%. The most recent insider transaction that took place on Aug 06 ’24, was worth 2,892,344. In this transaction President and CEO of this company sold 65,000 shares at a rate of $44.50, taking the stock ownership to the 279,565 shares. Before that another transaction happened on Aug 06 ’24, when Company’s Chief Financial Officer sold 6,500 for $43.31, making the entire transaction worth $281,515. This insider now owns 51,750 shares in total.
Pilgrim’s Pride Corp. (PPC) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 169.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 42.11% during the next five years compared to 6.37% growth over the previous five years of trading.
Pilgrim’s Pride Corp. (NASDAQ: PPC) Trading Performance Indicators
Pilgrim’s Pride Corp. (PPC) is currently performing well based on its current performance indicators. A quick ratio of 1.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.61. Likewise, its price to free cash flow for the trailing twelve months is 9.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.19, a number that is poised to hit 1.39 in the next quarter and is forecasted to reach 3.91 in one year’s time.
Technical Analysis of Pilgrim’s Pride Corp. (PPC)
Compared to the last year’s volume of 0.89 million, its volume of 1.79 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 48.61%. Additionally, its Average True Range was 1.66.
During the past 100 days, Pilgrim’s Pride Corp.’s (PPC) raw stochastic average was set at 80.81%, which indicates a significant increase from 60.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.71% in the past 14 days, which was higher than the 31.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.97, while its 200-day Moving Average is $36.22. Nevertheless, the first resistance level for the watch stands at $47.09 in the near term. At $48.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $48.92. If the price goes on to break the first support level at $45.26, it is likely to go to the next support level at $44.40. Now, if the price goes above the second support level, the third support stands at $43.43.
Pilgrim’s Pride Corp. (NASDAQ: PPC) Key Stats
Market capitalization of the company is 10.94 billion based on 236,943K outstanding shares. Right now, sales total 17,362 M and income totals 321,570 K. The company made 4,559 M in profit during its latest quarter, and 326,300 K in sales during its previous quarter.
