Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Pilgrim’s Pride Corp (NASDAQ: PPC) closed at $45.89 down -0.58% from its previous closing price of $46.16. In other words, the price has decreased by -$0.58 from its previous closing price. On the day, 1.54 million shares were traded. PPC stock price reached its highest trading level at $46.54 during the session, while it also had its lowest trading level at $45.67.
Ratios:
For a deeper understanding of Pilgrim’s Pride Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.81.
On August 15, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $47.
BMO Capital Markets Downgraded its Outperform to Market Perform on August 12, 2024, while the target price for the stock was maintained at $46.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 06 ’24 when Sandri Fabio sold 65,000 shares for $44.50 per share. The transaction valued at 2,892,344 led to the insider holds 279,565 shares of the business.
Galvanoni Matthew R sold 6,500 shares of PPC for $281,515 on Aug 06 ’24. The Chief Financial Officer now owns 51,750 shares after completing the transaction at $43.31 per share. On Aug 06 ’24, another insider, Galvanoni Matthew R, who serves as the Officer of the company, bought 6,500 shares for $43.31 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PPC now has a Market Capitalization of 10881574912 and an Enterprise Value of 12526973952. As of this moment, Pilgrim’s’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.07, and their Forward P/E ratio for the next fiscal year is 10.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 0.695 whereas that against EBITDA is 6.477.
Stock Price History:
Over the past 52 weeks, PPC has reached a high of $55.50, while it has fallen to a 52-week low of $26.37. The 50-Day Moving Average of the stock is -7.36%, while the 200-Day Moving Average is calculated to be 10.09%.
Shares Statistics:
For the past three months, PPC has traded an average of 1.27M shares per day and 1473590 over the past ten days. A total of 237.12M shares are outstanding, with a floating share count of 41.27M. Insiders hold about 82.59% of the company’s shares, while institutions hold 20.16% stake in the company. Shares short for PPC as of 1732838400 were 6695566 with a Short Ratio of 5.28, compared to 1730332800 on 5459144. Therefore, it implies a Short% of Shares Outstanding of 6695566 and a Short% of Float of 16.2.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.22.
