PPC Price Prediction Next Week
Analysis and Insights
To predict the stock price of Pilgrim's Pride (PPC) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
Pilgrim's Pride (PPC) closed at $49.23 on March 21, 2025. The stock has shown volatility, with a 1.61% increase on March 19 but a 4.76% decline over the past month. The RSI_6 is 35.25, indicating the stock is oversold. The MACD is negative, suggesting bearish momentum, but the Stochastic Oscillator is also low, signaling a potential reversal.
Fibonacci Levels:
The Fibonacci levels indicate a pivot at 52, with support levels at 48.61 and 46.51. Resistance levels are at 55.39 and 57.49. This suggests that if the stock breaks above the pivot, it might test the resistance levels.
News Sentiment and Fundamental Analysis:
PPC has a Zacks Rank #1 (Strong Buy) with earnings expectations of $1.27 per share, indicating strong growth. However, short interest has increased to 21%, signaling bearish sentiment.
Conclusion:
Given the oversold condition and positive earnings expectations, PPC may see a short-term rebound. The price target for the next trading week is $52.50. Buy on potential bullish reversal.
PPC Similar Chart Price Prediction
The price of PPC is predicted to go up 12.2%, based on the high correlation periods with BLMN. The similarity of these two price pattern on the periods is 91.86%.
PPC
BLMN
Up: 12.2%Similarity: 91.86%
PPC Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
PPC Price Forecast($)
Potential Return(%)
2025
50.000
9.030
2026
60.000
10.310
2027
70.000
28.700
2028
70.430
29.490
2029
75.000
37.890
2030
85.000
56.280
What is PPC stock price prediction 2025 ?
What is PPC stock price prediction 2026 ?
What is PPC stock price prediction 2027 ?
What is PPC stock price prediction 2028 ?
What is PPC stock price prediction 2029 ?
What is PPC stock price prediction 2030 ?
PPC Revenue Forecast
PPC EPS Forecast
PPC FAQs
What is PPC revenue forecast for next quarter？
What is PPC eps forecast for next quarter？
PPC VS S&P500
As the second-largest producer, Pilgrim's should benefit from US health trends that favor chicken consumption in lieu of beef and pork.
Pilgrim's can grow its international sales more easily than other food companies, as raw meat doesn't need to adapt to local tastes like prepared foods do.
Pilgrim's Pride's international exposure, particularly its second-largest market in Mexico, should benefit from a growing middle class, as higher incomes historically drive greater meat consumption.
PPC Analyst's Forecast
Andrew Strelzik
BMO Capital
Hold
2025-03-17
Price Target
$47 → $48
Downside
-3.23%
BMO Capital raised the firm's price target on Pilgrim's Pride to $48 from $47 and keeps a Market Perform rating on the shares. Following the company's Investor Day where the management outlined growth strategy and capital allocation priorities, the firm's adjusted model raises 2025 EPS view by 5c to $5.36, reflecting strong U.S. margin environment, the analyst tells investors in a research note.
Duffy Fischer
Barclays
Hold
2024-11-01
Price Target
$45 → $49
Downside
-2.33%
