Pilgrim's Pride Corporation (NASDAQ:PPC) Experiences Light Trading Volume

The firm has "Buy" rating by BMO Capital Markets given on Tuesday, June 6. The Company's divisions include Proprietary Products and Contract-Manufactured Products. It has a 8.87 P/E ratio. The analyst recommendations from a month ago are 19 Buy, 1 Overweight, 1 Sell, 6 Hold and 0 Underweight. They now have a United States dollars 27 price target on the stock. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.11. The firm earned "Hold" rating on Monday, July 17 by Deutsche Bank. Jefferies maintained the stock with "Hold" rating in Tuesday, October 3 report. The stock of Gilead Sciences, Inc. Karp Capital Management Corp purchased a new stake in Pilgrim's Pride Corporation during the first quarter worth about $1,255,000. Currently, 409.24 million total shares are owned by the public and among those 358.79 million shares have been available to trade. The company had a trading volume of 45,368 shares. The California-based Ami Asset Management Corp has invested 1.68% in the stock. Invesco Ltd, Georgia-based fund reported 426,466 shares.

About 2.05M shares traded. Gilead Sciences, Inc. (GILD) has declined 21.80% since October 9, 2016 and is downtrending. It has underperformed by 38.50% the S&P500.

Analysts await Gilead Sciences, Inc. (NASDAQ:GILD) to report earnings on November, 7. Aperio Grp Limited Com invested in 0.01% or 63,152 shares. GILD's profit will be $2.70B for 9.87 P/E if the $2.07 EPS becomes a reality. Next quarter's EPS is estimated at $0.47 with next year's EPS anticipated to be $2.73.

Baird Financial Group, Inc. reduced its position by shedding 1,554 shares a decrease of 0.9% as of 06/30/2017.

Investors are more bullish on shares of Pilgrim's Pride Corporation lately if you take into consideration the motion in short interest.

Shares of Pilgrim's Pride Corporation (PPC) opened at 28.97 on Friday. Oakworth Capital reported 393 shares or 0% of all its holdings. TrimTabs Asset Management LLC now owns 10,281 shares of the company's stock worth $225,000 after buying an additional 5,265 shares in the last quarter. Citigroup Inc owns 0% invested in Pilgrim's Pride Corporation (NASDAQ:PPC) for 121,138 shares. Century Inc has 74,732 shares. Utah Retirement System invested in 0% or 9,700 shares. The firm owned 898,067 shares of the company's stock after selling 1,066,934 shares during the quarter.

Pilgrim's Pride Corporation (NASDAQ:PPC) last posted its quarterly earnings results on Wednesday, August 2nd. Price T Rowe Assocs Md holds 785,374 shares or 0% of its portfolio. 759,518 are held by First Quadrant Ltd Partnership Ca. This illustrates a relatively optimistic outlook in the near term, with a relatively solid earnings per share growth rate of 21.44% over the next 1-2 years. After $0.94 actual EPS reported by Pilgrim's Pride Corporation for the previous quarter, Wall Street now forecasts -24.47% negative EPS growth.

How is Pilgrim's Pride going to perform in the future?

It is a producer and seller of chicken with operations in the United States, Mexico and Puerto Rico. The current P/E ration is 14.49 and forward P/E of 10.54 indicates where the company may be headed. It is engaged in the production, processing, marketing and distribution of fresh, frozen and value-added chicken products to retailers, distributors and foodservice operators.

Among 5 analysts covering Pilgrims Pride (NASDAQ:PPC), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. ValuEngine raised Pilgrim's Pride Corporation from a "buy" rating to a "strong-buy" rating in a report on Friday, September 1st. Five research analysts have rated the stock with a hold rating, one has issued a buy rating and three have given a strong buy rating to the stock. The correct version of this news story can be viewed at The firm earned "Hold" rating on Wednesday, May 25 by BB&T Capital. KeyBanc Capital Markets downgraded the stock to "Sector Weight" rating in Monday, March 27 report. The rating was initiated by Jefferies with "Hold" on Wednesday, December 16.

06/26/2014 - Macquarie began new coverage on Pilgrim's Pride Corporation giving the company a "neutral" rating.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Like this



12 October 2017
Woman who accused Ritabrata Banerjee of sexual exploitation, lodges complaint
She has also alleged that the Rajya Sabha MP is trying to pay her in return of her silence. Will not succumb to "politically aided" threats", he said in his Twitter handle.

12 October 2017
Ram Gopal Varma clears air on Prakash Raj as Lakshmi's NTR
It is heard that other than Lakshmi Parvathi's role, no other lady characters may not be important in the film. There are many speculations about Lakshmi's NTR from the time when Ram Gopal Varma announced about the movie.

12 October 2017
Community Bank NA Has $219000 Stake in Biogen Inc (BIIB)
Patton Albertson Miller Group, LLC reduced its position by selling 110 shares a decrease of 2.8%. (NYSE:GIS) for 8,146 shares. Motco increased its stake in General Mills Inc (GIS) by 11.07% based on its latest 2017Q2 regulatory filing with the SEC.

12 October 2017
Google dumps Home Mini's top touch function over privacy
The issue was discovered by Artem Russakovskii, who received a review unit of the £49 speaker from Google . The Home Mini does retain the side touch volume control, but that's pretty much it for touch controls.

12 October 2017
Port of Durban expected to reopen at midday on Thursday
The vessel and two other that had become grounded are now afloat again, but TNPA is assisting with several other emergencies. At least three containers, reportedly lost in the water when ships ran aground in Tuesday's storm, are yet to be located.

12 October 2017
Banco Bradesco SA (BBD)
Wells Fargo & Company (WFC) exchanged hands at an unexpectedly low level of 12.78 million shares over the course of the day. The stock witnessed 9.77% gains, 0.8% gains and 2.68% gains for the 1-month, 3-month and 6-month period, respectively.

12 October 2017
Majority says Trump's National Football League comments were not appropriate
President Donald Trump's approval ratings are falling in Pennsylvania, according to the latest Morning Consult national survey. Voters are more evenly split on Trump's handling of the economy: 48% of voters approve, while 46% of voters disapprove.

12 October 2017
$-0.09 EPS Expected for Precision Drilling Corp (USA) (PDS)
Manufacturers Life Insurance Company, The augmented its position by buying 915,489 shares an increase of 16,353.9% in the quarter. United Asset Strategies Inc.'s holdings in Precision Drilling Corp were worth $110,000 at the end of the most recent quarter.

12 October 2017
Matt Damon Crashes Chris Hemsworth's Jimmy Kimmel Live! Interview
Not so long ago, there was a pretty big rumour that Matt Damon was going to be turning up for a secret cameo in Thor: Ragnarok . It escalated from there, to hysterical song disses in which Damon enlisted best bud Ben Affleck , to star-studded sketches .

12 October 2017
Stock Levels in Focus for PennyMac Mortgage Investment Trust (NYSE:PMT)
They expect this year's earnings to fall -73.33% year-over-year to -$0.04, followed by -150% decline in the next year to $0.02. The stock of Barracuda Networks Inc (NYSE:CUDA) has "Buy" rating given on Thursday, August 31 by KeyBanc Capital Markets.