Pilgrim’s Pride Corp (NASDAQ:PPC) currently has a daily average trading volume of 1.60M but it saw 969768 shares traded in last market. With a market cap of 11.49B USD, the company’s current market price of $48.45 came rising about 0.27 while comparing to the previous closing price of $48.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $55.18 and as low as $29.86.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stephens which resumed the stock as “Equal-Weight” in its note to investors issued on October 03, 2024, recommending a price target of $43 for it. BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on August 15, 2024 while assigning a price target of $47. BMO Capital Markets issued its recommendations for the stock as it downgraded the price target for the stock is $46.
Over the week, PPC’s stock price is moving -5.39% down while it is -9.12% when we observe its performance for the past one month. Year-to-date it is 20.47% up and over the past year, the stock is showing an upside performance of 53.12%.
Currently, Pilgrim’s Pride Corp’s total number of outstanding shares is 237.38M with 82.64% of that held by the insiders while 19.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 18.52% and return on equity (ROE) at 36.53%. It has a price to earnings ratio (P/E ratio) of 9.54 while having a 10.86 of forward P/E ratio. Stock’s beta reads 0.47. Stock has a price to book (P/B) ratio of 3.67 while price to sale or P/S ratio amounts to 0.64. Its return on asset (ROA) is 11.65% on average.
