EPS for Pilgrim's Pride Corporation (PPC) Expected At $0.55

April 17, 2018 - By Winifred Garcia

Pilgrim's Pride Corporation (NASDAQ:PPC) LogoInvestors sentiment decreased to 1.14 in Q4 2017. Its down 0.23, from 1.37 in 2017Q3. It fall, as 21 investors sold Pilgrim's Pride Corporation shares while 75 reduced holdings. 32 funds opened positions while 77 raised stakes. 59.81 million shares or 0.26% more from 59.66 million shares in 2017Q3 were reported.
Wellington Mgmt Gp Llp holds 0% of its portfolio in Pilgrim's Pride Corporation (NASDAQ:PPC) for 366,648 shares. New Amsterdam Ptnrs Limited Company New York has 81,573 shares for 0.51% of their portfolio. 656,224 are owned by Personal Capital Advisors Corp. The New York-based Metropolitan Life has invested 0% in Pilgrim's Pride Corporation (NASDAQ:PPC). Renaissance Techs Ltd holds 0.03% of its portfolio in Pilgrim's Pride Corporation (NASDAQ:PPC) for 840,613 shares. 68,255 were reported by James Inc. Parametric Portfolio Associates Limited Liability Co, a Washington-based fund reported 455,189 shares. Dynamic Cap Mngmt stated it has 21,022 shares or 0.22% of all its holdings. Guggenheim Ltd Co holds 0.01% or 138,950 shares in its portfolio. Gabelli Funds Limited Liability Corp has 0% invested in Pilgrim's Pride Corporation (NASDAQ:PPC) for 15,000 shares. Comml Bank Of Mellon invested 0% in Pilgrim's Pride Corporation (NASDAQ:PPC). Germany-based Deutsche Bancorporation Ag has invested 0.02% in Pilgrim's Pride Corporation (NASDAQ:PPC). Jennison Assocs Ltd Llc holds 0% of its portfolio in Pilgrim's Pride Corporation (NASDAQ:PPC) for 57,059 shares. Shell Asset Mgmt Com reported 0.02% stake. Spark Mgmt Limited Co has 0.2% invested in Pilgrim's Pride Corporation (NASDAQ:PPC) for 117,496 shares.

Since February 27, 2018, it had 0 insider buys, and 1 sale for $2.54 million activity.

Analysts expect Pilgrim's Pride Corporation (NASDAQ:PPC) to report $0.55 EPS on May, 2.They anticipate $0.17 EPS change or 44.74 % from last quarter’s $0.38 EPS. PPC’s profit would be $136.95 million giving it 10.82 P/E if the $0.55 EPS is correct. After having $0.58 EPS previously, Pilgrim's Pride Corporation’s analysts see -5.17 % EPS growth. The stock decreased 1.14% or $0.275 during the last trading session, reaching $23.795. About 435,947 shares traded. Pilgrim's Pride Corporation (NASDAQ:PPC) has risen 11.43% since April 17, 2017 and is uptrending. It has underperformed by 0.12% the S&P500.

Pilgrim's Pride Corporation (NASDAQ:PPC) Ratings Coverage

Among 6 analysts covering Pilgrim’s Pride (NASDAQ:PPC), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Pilgrim’s Pride had 9 analyst reports since October 31, 2017 according to SRatingsIntel. The stock of Pilgrim's Pride Corporation (NASDAQ:PPC) has “Buy” rating given on Wednesday, March 14 by Vertical Group. The firm earned “Hold” rating on Wednesday, November 15 by Jefferies. Mizuho initiated the shares of PPC in report on Wednesday, March 28 with “Buy” rating. The stock of Pilgrim's Pride Corporation (NASDAQ:PPC) earned “Market Perform” rating by BMO Capital Markets on Thursday, November 9. Morgan Stanley maintained it with “Equal-Weight” rating and $32 target in Friday, November 10 report. Morgan Stanley maintained it with “Equal-Weight” rating and $25 target in Tuesday, February 27 report. The rating was initiated by KeyBanc Capital Markets with “Hold” on Tuesday, October 31. The stock of Pilgrim's Pride Corporation (NASDAQ:PPC) has “Hold” rating given on Tuesday, January 2 by Jefferies.

Pilgrim's Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the United States, Mexico, and Puerto Rico. The company has market cap of $5.93 billion. It offers fresh chicken products comprising pre-marinated or non-marinated refrigerated whole chickens, prepackaged case-ready chicken, whole cut-up chickens, and selected chicken parts. It has a 8.53 P/E ratio. The firm also provides prepared chicken products, including portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts.

Pilgrim's Pride Corporation (NASDAQ:PPC) Institutional Positions Chart

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