Pilgrim's Pride (PPC) ended the recent trading session at $33.03, demonstrating a -2.6% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.24%. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq lost 0.26%.
Shares of the poultry producer have depreciated by 3.75% over the course of the past month, underperforming the Consumer Staples sector's loss of 2.24%, and the S&P 500's gain of 6.42%.
The investment community will be closely monitoring the performance of Pilgrim's Pride in its forthcoming earnings report. The company is scheduled to release its earnings on April 29, 2026. The company is forecasted to report an EPS of $0.69, showcasing a 47.33% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $4.5 billion, reflecting a 0.83% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.14 per share and a revenue of $18.5 billion, indicating changes of -19.92% and +0.01%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for Pilgrim's Pride. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.72% lower. Pilgrim's Pride is holding a Zacks Rank of #5 (Strong Sell) right now.
Valuation is also important, so investors should note that Pilgrim's Pride has a Forward P/E ratio of 8.19 right now. This indicates a discount in contrast to its industry's Forward P/E of 12.75.
The Food - Meat Products industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 175, which puts it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Pilgrim's Pride Corporation (PPC): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).