Analyst Ratings for Pilgrim's Pride Corp. (PPC)Updated: 2017-07-29
Analysts covering Pilgrim's Pride Corp. (NASDAQ:PPC) have given it a consensus rating of Overweight. About 30 days ago, PPC was issued an average rating of Overweight.
A buy rating was issued by 3 analysts, 0 gave an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
PPC was given price targets by several analysts. The most optimistic price target was 35, implying a possible profit of 44.51 percent. The minimum price target given was 24, implying a possible loss of -0.91 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 3.25 percent. That number becomes 20.78 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 2.08 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.12 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of PPC to grow at a rate of 23.05 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PPC is 0.64.
PPC has a 52-week high of 26.22 and a 52-week low of 17.15. Today's price is 41.22 percent above the 52-week low, and 7.63 percent below the high. PPC has a price/earnings ratio of 14.68. Investors typically compare the P/E ratio to a company's peers in the industry. The PPC value stock report compares PPC to some of its peers using value stock charts. The market cap of PPC is $6.02 billion. PPC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.