Stock Price & Analysis

Analysis and Insights

Based on the provided data, Pilgrim's Pride (PPC) stock is currently showing strong fundamentals and positive market sentiment. The stock has a Zacks Rank of #1 (Strong Buy) and is trading at a forward P/E ratio of 9.41, which is below its industry average. Additionally, the company is expected to report strong earnings growth of 64.94% year-over-year, indicating solid financial health.

However, short interest has recently increased to 21%, suggesting some bearish sentiment in the market. The stock has also experienced a 4.76% decline over the past month, despite its recent 1.61% increase in the last trading session.

Conclusion

Buy PPC stock as its strong earnings expectations and attractive valuation outweigh the short-term bearish sentiment.

Pilgrim's Pride (PPC) stock is expected to reach a price target of $50 by the end of 2025. This prediction is supported by BMO Capital raising its price target to $48 from $47, reflecting confidence in the company's growth strategy and strong U.S. margin environment. The improved EPS forecast of $5.36 further strengthens this outlook.

The S1 support level for PPC Stock is $49.02 ,The R1 resistant level for PPC Stock is $55.69.

As of the end of day on 2025-04-01, the price of PPC Stock was $56.38.

The target price for PPC Stock according to analyst rating is 50.00, with the highest price target at 53.00 and the lowest at 48.00. Analysts have a Hold rating on PPC Stock overall.

The market cap of PPC is $13.3B.

PPC may be undervalued based on its current financials and market position. Its P/E ratio of 10.39 is lower than industry peers like Tyson Foods (TSN) at 15.07, suggesting reasonable valuation. The stock is trading near its 52-week low with an RSI of 42.46, indicating potential oversold conditions. PPC's improving margins and solid cash flow generation support its fundamentals. Overall, PPC appears attractively valued at current levels.

Pilgrim's Pride Corporation is primarily engaged in the production, processing, marketing and distribution of fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators. The Company operates through three segments: United States (U.S.), United Kingdom (U.K.) and Europe, and Mexico. The Company’s Fresh products consist of refrigerated (nonfrozen) whole or cut-up chicken, frozen whole chickens, breast fillets, primary pork cuts, added value pork and pork ribs. Its Prepared products include portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties and bone-in chicken parts. Its Exported products primarily consist of whole chickens and chicken parts sold either refrigerated for distributors in the United States or frozen for distribution to export markets. Its Market overview consists of chain restaurants, food processors, broad-line distributors and certain other institutions.

The price prediction for PPC stock by 2030 is approximately $60 per share. This forecast is based on current analyst optimism, the stock's undervalued metrics, and potential earnings growth.

PPC has a total of 61200 employees.