Pilgrim's Pride Corporation (PPC)
NASDAQ: PPC · IEX Real-Time Price · USD
35.93
+0.15 (0.42%)
At close: May 31, 2024, 4:00 PM
36.63
+0.70 (1.95%)
After-hours: May 31, 2024, 6:33 PM EDT

Pilgrim's Pride Statistics

Total Valuation

PPC has a market cap or net worth of $8.51 billion. The enterprise value is $11.18 billion.

Market Cap 8.51B
Enterprise Value 11.18B

Important Dates

The next estimated earnings date is Wednesday, July 24, 2024, after market close.

Earnings Date Jul 24, 2024
Ex-Dividend Date n/a

Share Statistics

PPC has 236.94 million shares outstanding. The number of shares has increased by 0.14% in one year.

Shares Outstanding 236.94M
Shares Change (YoY) +0.14%
Shares Change (QoQ) +0.01%
Owned by Insiders (%) 82.62%
Owned by Institutions (%) 16.51%
Float n/a

Valuation Ratios

The trailing PE ratio is 17.44 and the forward PE ratio is 10.47. PPC's PEG ratio is 0.59.

PE Ratio 17.44
Forward PE 10.47
PS Ratio 0.48
Forward PS 0.46
PB Ratio 2.45
P/FCF Ratio 14.20
PEG Ratio 0.59
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.16, with an EV/FCF ratio of 18.65.

EV / Earnings 22.78
EV / Sales 0.64
EV / EBITDA 9.16
EV / EBIT 14.05
EV / FCF 18.65

Financial Position

The company has a current ratio of 1.83, with a Debt / Equity ratio of 1.02.

Current Ratio 1.83
Quick Ratio 0.85
Debt / Equity 1.02
Debt / EBITDA 2.92
Debt / FCF 5.94
Interest Coverage 3.96

Financial Efficiency

Return on equity (ROE) is 15.20% and return on invested capital (ROIC) is 8.69%.

Return on Equity (ROE) 15.20%
Return on Assets (ROA) 5.00%
Return on Capital (ROIC) 8.69%
Revenue Per Employee $286,904
Profits Per Employee $8,020
Employee Count 61,200
Asset Turnover 1.78
Inventory Turnover 8.36

Taxes

In the past 12 months, PPC has paid $103.81 million in taxes.

Income Tax 103.81M
Effective Tax Rate 17.46%

Stock Price Statistics

The stock price has increased by +61.85% in the last 52 weeks. The beta is 0.77, so PPC's price volatility has been lower than the market average.

Beta (1Y) 0.77
52-Week Price Change +61.85%
50-Day Moving Average 35.92
200-Day Moving Average 29.03
Relative Strength Index (RSI) 45.96
Average Volume (30 Days) 669,104

Short Selling Information

The latest short interest is 2.62 million, so 1.10% of the outstanding shares have been sold short.

Short Interest 2.62M
Short Previous Month 2.09M
Short % of Shares Out 1.10%
Short % of Float n/a
Short Ratio (days to cover) 3.99

Income Statement

In the last 12 months, PPC had revenue of $17.56 billion and earned $490.81 million in profits. Earnings per share was $2.06.

Revenue 17.56B
Gross Profit 1.33B
Operating Income 741.22M
Pretax Income 594.62M
Net Income 490.81M
EBITDA 1.22B
EBIT 795.47M
Earnings Per Share (EPS) $2.06
Full Income Statement

Balance Sheet

The company has $894.88 million in cash and $3.56 billion in debt, giving a net cash position of -$2.67 billion or -$11.25 per share.

Cash & Cash Equivalents 894.88M
Total Debt 3.56B
Net Cash -2.67B
Net Cash Per Share -$11.25
Equity / Book Value 3.48B
Book Value Per Share 14.69
Working Capital 1.89B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.11 billion and capital expenditures -$511.17 million, giving a free cash flow of $599.43 million.

Operating Cash Flow 1.11B
Capital Expenditures -511.17M
Free Cash Flow 599.43M
FCF Per Share $2.53
Full Cash Flow Statement

Margins

Gross margin is 7.57%, with operating and profit margins of 4.22% and 2.80%.

Gross Margin 7.57%
Operating Margin 4.22%
Pretax Margin 3.39%
Profit Margin 2.80%
EBITDA Margin 6.95%
EBIT Margin 4.53%
FCF Margin 3.41%

Dividends & Yields

PPC does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.14%
Shareholder Yield -0.14%
Earnings Yield 5.77%
FCF Yield 7.04%
Dividend Details

Analyst Forecast

The average price target for PPC is $36.80, which is 2.42% higher than the current price. The consensus rating is "Buy".

Price Target $36.80
Price Target Difference 2.42%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) 2.53%
EPS Growth Forecast (5Y) 26.66%
Stock Forecasts

Stock Splits

The last stock split was on August 2, 1999. It was a forward split with a ratio of 3:2.

Last Split Date Aug 2, 1999
Split Type Forward
Split Ratio 3:2

Scores

PPC has an Altman Z-Score of 3.43 and a Piotroski F-Score of 5.

Altman Z-Score 3.43
Piotroski F-Score 5