Pilgrim’s Pride Corp (NASDAQ: PPC) has recently enjoyed meaningful positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Recent meaningful positive changes in investment behavior have benefitted Pilgrim’s Pride Corp (NASDAQ: PPC): the stock rose on very heavy volume.
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 49 but a very high Power Rating of 99, leading to the Highest Value Trend Rating.
Recent Price Action
Pilgrim’s Pride Corp (NASDAQ: PPC) stock closed at $42.21 on 8/1/24 after a large increase of 2.4%. Moreover, trading volume in this advance was exceptionally high at 258% of normal. The stock has risen 5.3% during the last week and has been exceptionally strong relative to the market over the last nine months.
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