Consensus Estimates and Trading Data for Pilgrim’s Pride Corporation (PPC)

In the past 52-week period, shares of Pilgrim’s Pride Corporation (NASDAQ:PPC) have moved within the range of $18.10 to $38.39. On the stock’s most recent trading day, the company’s shares ended the regular session at $30.18, which is 21.39% lower than its 52-week high.

Pilgrim’s Pride Corporation (PPC) has demonstrated a 20-day simple moving average (SMA) of -11.43%, and a 50-day SMA of -9.98%. This public company’s current market capitalization stands at $7.64 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Pilgrim’s Pride Corporation (PPC) is Hold.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Pilgrim’s Pride Corporation (PPC) delivered a 21.54% surprise with its net revenue. Sales reached $2.79 billion during the three-month period, compared to the average analyst estimate of $2.3 billion.

Meanwhile, during the same quarter Pilgrim’s Pride Corporation (PPC) delivered a 25.37% earnings surprise. Net earnings for the quarter were posted at $0.98 per share, whereas Wall Street had forecast $0.78 per share.

Ownership at Pilgrim’s Pride Corporation (PPC), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Pilgrim’s Pride Corporation (PPC) has 0 billion shares outstanding currently, 24.64% of which belong to institutional investors. Those institutional holdings amount to $1.9 billion.

Additionally, according to the most recent 13F filing from Pilgrim’s Pride Corporation (PPC), there were 58 new positions totaling 2,929,615 shares of the company’s stock. There were 18 sold out positions, on the other hand, totaling 1,511,379 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. Pilgrim’s Pride Corporation (PPC) has had a 20-day average volume of 1,237,440 shares, with an average of 40% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 1,017,826 shares, with an average of 50% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 1,172,937 shares with 0% of long-term indicators pointing to Hold.