Pilgrim's Pride (PPC) Stock Overview
Produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
PPC Community Fair Values
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Analyst Price Targets
Pilgrim's Pride Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$28.46 |
| 52 Week High | US$50.56 |
| 52 Week Low | US$27.13 |
| Beta | 0.35 |
| 1 Month Change | -15.37% |
| 3 Month Change | -30.57% |
| 1 Year Change | -42.62% |
| 3 Year Change | 25.60% |
| 5 Year Change | 18.39% |
| Change since IPO | 218.70% |
Recent News & Updates
Narrative Update • May 11
PPC: Future Returns Will Reflect Modest Margins And Lower P E Multiple
Analysts have reduced their Pilgrim's Pride price target from about $42.86 to $40.57, reflecting a slightly higher discount rate, modest adjustments to long-term revenue growth and profit margin expectations, and a lower assumed future P/E multiple. Valuation Changes Fair Value: trimmed from $42.86 to $40.57, a modest reduction in the modelled valuation.Seeking Alpha • Apr 25
Pilgrim's Pride: Cheap On Multiples, But The Cycle Is Rolling Over
Summary Pilgrim's Pride Corporation trades at a deep discount to sector multiples, but forward estimates and margins are deteriorating. PPC's returns appear moat-like at cycle peaks, but average ROIC barely exceeds its cost of capital and is highly cyclical. Q4 2025 results confirm the start of a cyclical downturn, with EBITDA margin compressing 280bps and EPS down 63% year-over-year. I rate PPC a hold: valuation is attractive, but falling earnings, negative momentum, and margin pressure signal a value trap, not a deep-value entry. Read the full article on Seeking AlphaRecent updates
Narrative Update • May 11
PPC: Future Returns Will Reflect Modest Margins And Lower P E Multiple
Analysts have reduced their Pilgrim's Pride price target from about $42.86 to $40.57, reflecting a slightly higher discount rate, modest adjustments to long-term revenue growth and profit margin expectations, and a lower assumed future P/E multiple. Valuation Changes Fair Value: trimmed from $42.86 to $40.57, a modest reduction in the modelled valuation.Seeking Alpha • Apr 25
Pilgrim's Pride: Cheap On Multiples, But The Cycle Is Rolling Over
Summary Pilgrim's Pride Corporation trades at a deep discount to sector multiples, but forward estimates and margins are deteriorating. PPC's returns appear moat-like at cycle peaks, but average ROIC barely exceeds its cost of capital and is highly cyclical. Q4 2025 results confirm the start of a cyclical downturn, with EBITDA margin compressing 280bps and EPS down 63% year-over-year. I rate PPC a hold: valuation is attractive, but falling earnings, negative momentum, and margin pressure signal a value trap, not a deep-value entry. Read the full article on Seeking AlphaNarrative Update • Apr 21
PPC: Future Returns Will Reflect Steady Margins And Lower P E Multiple
Analysts have trimmed their price target on Pilgrim's Pride to about $42.86 from roughly $44.71. This reflects updated views on fair value, slightly lower projected revenue growth, a modestly lower profit margin outlook, and a small adjustment to the future P/E assumption.Narrative Update • Apr 07
PPC: Future Returns Will Reflect Higher Margins And Lower P E Assumptions
Analysts have slightly increased their price target on Pilgrim's Pride to about $44.71 from $44.38, citing updated assumptions for revenue growth, profit margins and a modestly lower future P/E multiple. Valuation Changes Fair Value: Updated estimate has moved slightly to about $44.71 from $44.38.Narrative Update • Mar 23
PPC: Future Returns Will Reflect Higher Margins And Steady Risk Profile
Analysts now set Pilgrim's Pride price target at about $44.38, slightly below the prior $45.00. This reflects updated assumptions around revenue growth, profit margins and a lower future P/E multiple.Narrative Update • Mar 08
PPC: Future Returns Will Reflect Steady Assumptions And Unchanged Risk Profile
Analysts are maintaining their price target for Pilgrim's Pride at $45.00, reflecting unchanged assumptions around discount rate, revenue growth, profit margin, and future P/E. These factors keep their valuation view steady for now.Narrative Update • Feb 22
PPC: Future Returns Will Reflect Modest Assumption Shifts And Steady Risk Profile
Analysts have raised their price target on Pilgrim's Pride from $43.57 to $45.00. They cite updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E that adjust their outlook on the stock's risk and return profile.Narrative Update • Feb 07
PPC: Future Returns Will Reflect Steady Assumptions And Fairly Valued Prospects
Analysts have slightly raised their price target on Pilgrim's Pride to about $43.57, reflecting updated assumptions around discount rate and forward P/E, while keeping fair value and key operating inputs broadly unchanged. Valuation Changes Fair Value: The fair value estimate remains unchanged at about $43.57 per share.Narrative Update • Jan 24
PPC: Future Returns Will Reflect Steady Assumptions And Fairly Valued Prospects
Analysts have kept their price target for Pilgrim's Pride effectively unchanged at about US$43.57, reflecting stable views on revenue growth, profit margins and future P/E assumptions. Valuation Changes Fair Value: Model fair value remains steady at about US$43.57, with no material change between the prior and updated estimates.Narrative Update • Jan 09
PPC: Future Returns Will Reflect Steady Assumptions And Undervalued Upside Potential
Analysts have kept their price target for Pilgrim's Pride steady, reflecting only small technical adjustments to inputs such as discount rate, revenue growth, profit margin, and future P/E, rather than any new fundamental change in their view. Valuation Changes Fair Value: The model fair value estimate is unchanged at 43.57143, indicating no adjustment to the core valuation outcome.Analysis Article • Jan 07
Pilgrim's Pride (NASDAQ:PPC) Is Investing Its Capital With Increasing Efficiency
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Narrative Update • Dec 24
PPC: Future Returns Will Reflect Stable Margins And Modest Multiple Compression
Analysts have modestly reduced their price target on Pilgrim's Pride from 44.29 dollars to 43.57 dollars, citing slightly lower fair value and profit margin assumptions, despite a marginally stronger revenue growth outlook. Valuation Changes Fair Value: fallen slightly from 44.29 dollars to 43.57 dollars per share, reflecting a modestly more conservative outlook.Narrative Update • Dec 09
PPC: Stable Margins And Multiples Will Drive Future Share Price Upside
Analysts have nudged their price target on Pilgrim's Pride marginally higher to approximately $44.29 per share, reflecting steady expectations for revenue growth, profit margins, and valuation multiples despite only negligible model adjustments. Valuation Changes Fair Value Estimate remains effectively unchanged at approximately $44.29 per share, indicating stable intrinsic value assumptions.Analysis Article • Dec 01
Pilgrim's Pride Corporation's (NASDAQ:PPC) Prospects Need A Boost To Lift Shares
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...Narrative Update • Nov 25
PPC: Future Profit Margins Will Support Continued Share Price Strength
Analysts have maintained their price target for Pilgrim's Pride at $44.29 per share, citing negligible changes in key forecast assumptions and reaffirmed expectations for steady company performance. Valuation Changes Fair Value Estimate is unchanged at $44.29 per share, indicating stability in core assumptions.Narrative Update • Nov 11
PPC: Future Profit Margins Will Support Continued Share Price Strength
Pilgrim's Pride's analyst price target has been modestly lowered from $44.86 to $44.29 per share. Analysts now anticipate slightly softer revenue growth and profit margin forecasts for the company.Analysis Article • Nov 02
Pilgrim's Pride Corporation (NASDAQ:PPC) Just Reported, And Analysts Assigned A US$44.29 Price Target
Pilgrim's Pride Corporation ( NASDAQ:PPC ) came out with its quarterly results last week, and we wanted to see how the...Narrative Update • Oct 28
Special Dividend Outlook and Margin Shifts Will Drive Upcoming Share Performance
Analysts have revised their price target for Pilgrim's Pride downward from $47.00 to $44.86. This decision is based on updated fair value assessments and slight adjustments to future earnings expectations.Narrative Update • Oct 13
Rising Input Costs Will Undermine Inflated Chicken Market Valuations
Analysts have lowered their price target for Pilgrim's Pride from $49.13 to $47.00. They cited updated fair value assessments based on recent financial metrics.Analysis Article • Aug 25
Is Pilgrim's Pride Corporation (NASDAQ:PPC) Trading At A 41% Discount?
Key Insights The projected fair value for Pilgrim's Pride is US$78.06 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Jul 22
These 4 Measures Indicate That Pilgrim's Pride (NASDAQ:PPC) Is Using Debt Reasonably Well
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Jul 09
Why Investors Shouldn't Be Surprised By Pilgrim's Pride Corporation's (NASDAQ:PPC) Low P/E
With a price-to-earnings (or "P/E") ratio of 9x Pilgrim's Pride Corporation ( NASDAQ:PPC ) may be sending very bullish...Seeking Alpha • Apr 19
Pilgrim's Pride: Prepares Its Wings To Take Flight This Year
Summary Pilgrim's Pride, a U.S. leading poultry producer, is expanding its footprint in Mexico and Europe through M&A. Lower soybean prices and increased corn production are improving PPC's margins, with resilient chicken demand boosting profitability and free cash flow. PPC's diversified portfolio and strong balance sheet, with record operating cash flow and sustainable debt levels, position it well for future growth. Despite recent stock gains, PPC remains undervalued compared to industry averages, offering potential upside as defensive stocks gain favor amid recession fears. Read the full article on Seeking AlphaSeeking Alpha • Apr 07
Pilgrim's Pride Path: Cash, Chicken And Resilience
Summary Pilgrim's Pride saw a significant turnaround in 2024 with net profit soaring to $1.09 billion, driven by stabilized demand and reduced costs. The company's integrated business model, controlling the entire chicken production process, enhances cost control and reduces dependency on external suppliers. Despite strong stock growth in 2024, Pilgrim's shares remain undervalued compared to peers, with a potential 14% upside, leading to a "Buy" rating. Key growth drivers include global demand for chicken, expansion into branded products, and strong customer relationships, supported by automation and JBS backing. Read the full article on Seeking AlphaSeeking Alpha • Oct 15
Pilgrim's Pride: Windfall Profits From Soybean Slump Will Not Likely Last
Summary Pilgrim's Pride has seen an 86% year-over-year rise, driven by low feed costs and favorable market conditions, with a forward P/E of ~9.7X. Despite ongoing bird flu outbreaks impacting supply, the company's business model benefits from declining soybean prices and low chicken inventories. PPC's profitability is expected to remain high in the short term, with the potential for reduced debt and improved balance sheet health. Long-term growth is limited, with a forward P/E likely around 15X, assuming normalization in feed and chicken inventories. Thus, PPC is stable but not a high-growth or value investment. Read the full article on Seeking AlphaSeeking Alpha • Sep 15
Pilgrim's Pride: A Free Cash Flow Machine Breaking Out
Summary Pilgrim's Pride has broken out of a decade-long sideways price range, showing potential for higher returns, but industry risks warrant a cautious investment approach. The company's vertically integrated model and strong position in the growing global protein market support strong growth characteristics. Pilgrim's Pride boasts impressive free cash flow, improved cost management, and a low beta, enhancing its attractiveness and portfolio diversification. Despite strong fundamentals, past volatility and industry risks lead me to take a minor position and pyramid up as price action confirms my thesis. Read the full article on Seeking AlphaSeeking Alpha • Sep 09
At High Prices, Pilgrim's Pride Offers Little To New Investors
Summary Pilgrim’s Pride is near its 52-week-high, raising questions about its current value for new investors despite past performance. The company has a significant amount of debt, limiting its flexibility, and does not pay dividends, which is a drawback for value investors. Risks include livestock diseases, competition, reliance on contract growers, and potential shifts in consumer preferences away from chicken and pork. Given the high share price, debt levels, and lack of dividends, I rate PPC stock a hold, with cautious monitoring of gross margins. Read the full article on Seeking Alpha
New Narrative • Aug 23
Calculated Partnerships And Innovations Poised To Transform Retail And Food Service Revenue Growth
Strategic growth in customer partnerships and diversification in Prepared Foods aim to drive revenue growth through innovation and branding.Seeking Alpha • Apr 16
Pilgrim's Pride: Soft Top-Line Growth Continues To Pressurise Earnings
Summary Pilgrim's Pride Corporation shares have risen over 75% since June 2023 and 37% since our most recent commentary in December 2023. The bearish divergence of Pilgrim's MACD indicator suggests limited potential for the stock to break through overhead resistance. Pilgrim's profitability and valuation trends do not support a sustained bullish run, with constrained profitability and muted top-line sales growth. Read the full article on Seeking AlphaShareholder Returns
| PPC | US Food | US Market | |
|---|---|---|---|
| 7D | 3.3% | 1.3% | 1.1% |
| 1Y | -42.6% | -4.2% | 28.7% |
Return vs Industry: PPC underperformed the US Food industry which returned -4.2% over the past year.
Return vs Market: PPC underperformed the US Market which returned 28.7% over the past year.
Price Volatility
| PPC volatility | |
|---|---|
| PPC Average Weekly Movement | 4.8% |
| Food Industry Average Movement | 5.5% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PPC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PPC's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1946 | 63,000 | Fabio Sandri | www.pilgrims.com |
Pilgrim's Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico. The company offers fresh products, including refrigerated whole or cut-up chicken, selected chicken parts that are either marinated or non-marinated, primary pork cuts, added value pork, pork ribs, and lamb products; and prepared products, which include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties, processed sausages, bacon, smoked meat, gammon joints, pre-packed meats, sandwich and deli counter meats, and meat balls and coated foods. It also provides plant-based protein, ready-to-eat meals, multi-protein frozen food, vegetarian food, and desserts.
Pilgrim's Pride Corporation Fundamentals Summary
| PPC fundamental statistics | |
|---|---|
| Market cap | US$6.77b |
| Earnings (TTM) | US$887.75m |
| Revenue (TTM) | US$18.57b |
7.6x
P/E Ratio0.4x
P/S RatioIs PPC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PPC income statement (TTM) | |
|---|---|
| Revenue | US$18.57b |
| Cost of Revenue | US$16.42b |
| Gross Profit | US$2.15b |
| Other Expenses | US$1.26b |
| Earnings | US$887.75m |
Last Reported Earnings
Mar 29, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.73 |
| Gross Margin | 11.57% |
| Net Profit Margin | 4.78% |
| Debt/Equity Ratio | 82.8% |
How did PPC perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/24 11:11 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/29 |
| Annual Earnings | 2025/12/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pilgrim's Pride Corporation is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Theurer | Barclays |
| Benjamin Theurer | Barclays |
| Andrew Strelzik | BMO Capital Markets Equity Research |