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.

Several price targets were given for PPC by the analysts covering the stock. The most optimistic analyst gave a price target of 35, implying a possible profit of 44.51 percent. The lowest price target was 24, which equates to a potential downside of -0.91 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 2.08 percent. If we look at the last 90 days instead, we find a net average change of 2.12 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their 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, 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. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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. Currently the stock is 41.22 percent higher than its low, and below the high by 7.63 percent. PPC has a P/E 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 will post this quarters earnings in days, on 0000-00-00.