Meaningful positive changes in fundamentals have recently occurred for Pilgrim’s Pride Corp (NASDAQ: PPC): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Pilgrim’s Pride Corp (NASDAQ: PPC) has recently enjoyed meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PPC is expected to continue to be a major Value Builder.
Pilgrim’s Pride has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pilgrim’s Pride has a neutral Appreciation Score of 52 but a very high Power Rating of 99, triggering the Highest Value Trend Rating.
Recent Price Action
Pilgrim’s Pride Corp (NASDAQ: PPC) stock rose modestly by 0.6% on 7/15/24. The stock closed at $38.29. However, this advance was accompanied by below average trading volume at 82% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.6% during the last week.
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