Pilgrim's Pride Corporation (PPC)
| Previous Close | 22.69 |
| Open | 22.65 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 22.27 - 22.72 |
| 52 Week Range | 20.85 - 34.66 |
| Volume | |
| Avg. Volume | 860,571 |
| Market Cap | 5.209B |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | 42.20 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | May 06, 2016 |
| 1y Target Est | N/A |
- Reuters
Pilgrim's Pride underestimated U.S. meat supplies, hurting earnings
Pilgrim's Pride Corp, one of the biggest U.S. chicken companies, underestimated meat production at the end of last year, Chief Executive Fabio Sandri said on Thursday after the company reported a surprise quarterly loss. The company, owned mostly by meatpacker JBS SA, joined rival Tyson Foods Inc in misjudging that lower beef and pork supplies would increase demand for chicken as consumers grapple with high inflation. Pilgrim's shares still rose by 5% as the company said it expects beef supplies to shrink later this year and is now seeing some consumers switching to chicken.
- Zacks
Pilgrim's Pride (PPC) Set to Report Q4 Earnings: Things to Note
Pilgrim's Pride's (PPC) fourth-quarter performance is likely to have witnessed an escalated cost of sales.
- Zacks
Here's Why Pilgrim's Pride (PPC) is a Strong Value Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
