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 maximum price target given was 35, implying potential capital gains of 44.51 percent. The most pessimistic price target was 24, which equates to a potential downside of -0.91 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 3.25 percent on average, compared to last month. That number becomes 20.78 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 2.08 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.12 percent.
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, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of PPC to grow at a rate of 23.05 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PPC is 0.64.
In the last 52-weeks, PPC has achieved a high of 26.22 and a low of 17.15. Currently the stock is 41.22 percent higher than its low, and 7.63 percent lower than its 52-week 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.