PPC Price Prediction Next Week
Technical Analysis
Based on the technical analysis, PPC is currently showing a bearish trend in the short term. The stock has formed a descending pattern with lower highs and lower lows. The RSI indicator at 44.44 suggests neutral momentum but leaning towards oversold territory .
News Analysis
A significant bird flu outbreak in Georgia, the largest chicken producer in the U.S., has been reported with confirmed cases in commercial flocks. This development could trigger trade restrictions from major meat importers, potentially impacting companies like Pilgrim's Pride. Initial export losses could reach $34 million according to the USA Poultry & Egg Export Council.
The company will release its Q4 and fiscal year 2024 financial results on February 12, 2025, followed by a conference call on February 13. This upcoming earnings release could be a major catalyst for price movement.
Price Prediction for Next Week
Based on Fibonacci levels:
- Resistance levels: R1: $46.60, R2: $47.31, R3: $48.46
- Support levels: S1: $44.30, S2: $43.59, S3: $42.44
- Pivot point: $45.45
Given the current technical setup and negative news impact from the bird flu outbreak, PPC is likely to test the first support level at $44.30. If this level breaks, the next target would be $43.59.
Trading Recommendation
SELL Entry: Current market price (~$45.00) Target: $43.59 Stop Loss: $46.60
The recommendation is based on:
- Bearish technical indicators
- Negative industry news with bird flu outbreak
- Potential trade restrictions from major importers
- Pre-earnings uncertainty
The stock could see increased volatility as it approaches the February 12 earnings release date.
PPC Similar Chart Price Prediction
The price of PPC is predicted to go up -28.95%, based on the high correlation periods with NBY. The similarity of these two price pattern on the periods is 95.82%.
PPC
NBY
Down: -28.95%Similarity: 95.82%
PPC Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
PPC Price Forecast($)
Potential Return(%)
2025
50.000
9.030
2026
55.000
19.930
2027
65.000
41.740
2028
65.000
41.740
2029
70.000
52.640
2030
65.000
41.740
What is PPC stock price prediction 2025 ?
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PPC Revenue Forecast
PPC EPS Forecast
PPC FAQs
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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
Duffy Fischer
Barclays
Hold
Price Target
$45 → $49
Upside
-2.33%
Barclays analyst Benjamin Theurer raised the firm's price target on Pilgrim's Pride to $49 from $45 and keeps an Equal Weight rating on the shares post the Q3 report. Management's confidence for Q4 and early 2025 remains high as chicken holds its position as the "best protein" in the market, the analyst tells investors in a research note.