Pilgrim’s Pride Corp (NASDAQ: PPC) has reported E.P.S. of $1.48 for its third fiscal quarter (ending September 30) versus $0.51 for the same period a year ago — an increase of 190%. For the latest four quarters through September 30, E.P.S. were $4.16 compared to $0.13 a year ago — an increase of 3100%.
Recent Price Action
Pilgrim’s Pride Corp (NASDAQ: PPC) stock closed at $47.69 on 10/30/24 after a slight decline of -0.8%. This decline was accompanied by normal trading volume. The stock has been exceptionally strong relative to the market over the last nine months and has risen 6.6% during the last week.
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). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Pilgrim’s Pride has a neutral Appreciation Score of 59 but a very high Power Rating of 91, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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