In the latest close session, Pilgrim's Pride (PPC) was down 1.02% at $28.22. This change lagged the S&P 500's daily gain of 0.38%. Meanwhile, the Dow gained 0.02%, and the Nasdaq, a tech-heavy index, added 0.9%.
Shares of the poultry producer have depreciated by 1.83% over the course of the past month, underperforming the Consumer Staples sector's loss of 0.78%, and the S&P 500's gain of 1.27%.
The investment community will be paying close attention to the earnings performance of Pilgrim's Pride in its upcoming release. The company is slated to reveal its earnings on July 29, 2026. The company is expected to report EPS of $0.75, down 55.88% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $4.9 billion, showing a 3% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $3.01 per share and a revenue of $18.7 billion, demonstrating changes of -41.78% and +1.09%, respectively, from the preceding year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Pilgrim's Pride. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 14.51% decrease. At present, Pilgrim's Pride boasts a Zacks Rank of #5 (Strong Sell).
Digging into valuation, Pilgrim's Pride currently has a Forward P/E ratio of 9.49. This denotes a discount relative to the industry average Forward P/E of 11.82.
The Food - Meat Products industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 217, finds itself in the bottom 12% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Pilgrim's Pride Corporation (PPC): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).