On Friday, Pilgrim’s Pride Corp. (NASDAQ: PPC) opened lower -0.11% from the last session, before settling in for the closing price of $45.44. Price fluctuations for PPC have ranged from $23.15 to $49.07 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 10.02%. Company’s average yearly earnings per share was noted 173.64% at the time writing. With a float of $41.27 million, this company’s outstanding shares have now reached $236.79 million.
Let’s determine the extent of company efficiency that accounts for 61200 employees. 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
A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of Pilgrim’s Pride Corp. is 82.59%, while institutional ownership is 16.24%. 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
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.58 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.42) by 0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 173.64% 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
Check out the current performance indicators for Pilgrim’s Pride Corp. (PPC). In the past quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60. Likewise, its price to free cash flow for the trailing twelve months is 9.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.19, a number that is poised to hit 1.41 in the next quarter and is forecasted to reach 3.96 in one year’s time.
Technical Analysis of Pilgrim’s Pride Corp. (PPC)
Looking closely at Pilgrim’s Pride Corp. (NASDAQ: PPC), its last 5-days average volume was 1.0 million, which is a jump from its year-to-date volume of 0.89 million. As of the previous 9 days, the stock’s Stochastic %D was 46.96%. Additionally, its Average True Range was 1.46.
During the past 100 days, Pilgrim’s Pride Corp.’s (PPC) raw stochastic average was set at 76.06%, which indicates a significant increase from 35.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.60% in the past 14 days, which was higher than the 30.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.37, while its 200-day Moving Average is $36.94. However, in the short run, Pilgrim’s Pride Corp.’s stock first resistance to watch stands at $45.73. Second resistance stands at $46.06. The third major resistance level sits at $46.49. If the price goes on to break the first support level at $44.97, it is likely to go to the next support level at $44.54. Now, if the price goes above the second support level, the third support stands at $44.21.
Pilgrim’s Pride Corp. (NASDAQ: PPC) Key Stats
There are currently 236,943K shares outstanding in the company with a market cap of 10.76 billion. Presently, the company’s annual sales total 17,362 M according to its annual income of 321,570 K. Last quarter, the company’s sales amounted to 4,559 M and its income totaled 326,300 K.
