On Tuesday, Pilgrim’s Pride Corp. (NASDAQ: PPC) opened higher 1.35% from the last session, before settling in for the closing price of $47.45. Price fluctuations for PPC have ranged from $24.75 to $49.07 over the past 52 weeks.
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A company in the Consumer Defensive sector has jumped its sales by 10.02% annually for the last half of the decade. Company’s average yearly earnings per share was noted 173.08% at the time writing. With a float of $41.27 million, this company’s outstanding shares have now reached $236.79 million.
In an organization with 61200 employees, it is important to assess its efficiency. 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) Insider and Institutional Ownership
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 16.28%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 173.08% 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 0.64. Likewise, its price to free cash flow for the trailing twelve months is 10.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.19, a number that is poised to hit 1.40 in the next quarter and is forecasted to reach 3.96 in one year’s time.
Technical Analysis of Pilgrim’s Pride Corp. (PPC)
Let’s dig in a bit further. During the last 5-days, its volume was 0.94 million. That was better than the volume of 0.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 86.29%. Additionally, its Average True Range was 1.42.
During the past 100 days, Pilgrim’s Pride Corp.’s (PPC) raw stochastic average was set at 93.52%, which indicates a significant decrease from 95.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.66% in the past 14 days, which was lower than the 30.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.64, while its 200-day Moving Average is $37.56. However, in the short run, Pilgrim’s Pride Corp.’s stock first resistance to watch stands at $48.62. Second resistance stands at $49.16. The third major resistance level sits at $50.07. If the price goes on to break the first support level at $47.17, it is likely to go to the next support level at $46.26. The third support level lies at $45.72 if the price breaches the second support level.
Pilgrim’s Pride Corp. (NASDAQ: PPC) Key Stats
There are currently 237,123K shares outstanding in the company with a market cap of 11.40 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.
