Pilgrim's Pride (PPC) Stock Forecast, Price Target & Predictions


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PPC Stock Forecast


Pilgrim's Pride (PPC) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $43.00, with a high of $43.00 and a low of $43.00. This represents a -8.30% decline from the last price of $46.89.

$25 $31 $37 $43 $49 $55 High: $43 Avg: $43 Low: $43 Last Closed Price: $46.89

PPC Stock Rating


Pilgrim's Pride stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 4 Buy (66.67%), 2 Hold (33.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 6 2 4 0 Strong Sell Sell Hold Buy Strong Buy

PPC Forecast vs Benchmarks


TypeNameUpside
StockPilgrim's Pride-8.30%
SectorConsumer Defensive Stocks 12.48%
IndustryPackaged Foods Stocks19.23%

Price Target Trends


1M3M12M
# Anlaysts--4
Avg Price Target--$41.50
Last Closing Price$46.89$46.89$46.89
Upside/Downside---11.49%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-15-17
Dec, 24-15-17
Nov, 24118-111
Oct, 24118-111
Sep, 24118-111
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 02, 2024Pooran SharmaStephens$43.00$47.86-10.15%-8.30%
Jun 18, 2024John StaszakArgus Research$41.00$35.5315.40%-12.56%
May 03, 2024Andrew StrelzikBMO Capital$42.00$36.6314.66%-10.43%
Apr 11, 2024Arun SundaramCFRA$40.00$36.0011.11%-14.69%
Jul 13, 2023Andrew StrelzikLoop Capital Markets$28.00$24.6313.68%-40.29%
Jul 29, 2022Kenneth ZaslowBMO Capital$36.00$32.4810.84%-23.22%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Sep 09, 2024BarclaysEqual-WeightEqual-Weighthold
Aug 12, 2024BMO CapitalMarket PerformMarket Performhold
Aug 12, 2024BMO CapitalOutperformMarket Performdowngrade
Aug 02, 2024BMO CapitalOutperformOutperformhold
Jul 25, 2024BarclaysEqual-WeightEqual-Weighthold
Jun 18, 2024Argus ResearchBuyinitialise
May 03, 2024BMO CapitalOutperformOutperformhold
Apr 16, 2024BarclaysEqual-Weightdowngrade
Apr 11, 2024CFRABuyBuyhold
Jul 13, 2023BMO CapitalOutperformupgrade

Financial Forecast


EPS Forecast

$0 $1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$0.39$0.13$3.11$1.36----
Avg Forecast$1.15$2.27$3.74$1.48$5.06$4.44$2.90$3.23
High Forecast$1.11$2.19$3.69$1.47$4.97$3.82$2.84$3.16
Low Forecast$1.19$2.35$3.82$1.49$5.15$5.06$2.97$3.31
Surprise %-66.09%-94.27%-16.84%-8.11%----

Revenue Forecast

$12B $13B $15B $16B $18B $20B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$12.09B$14.78B$17.47B$17.36B----
Avg Forecast$12.26B$14.63B$17.37B$17.31B$18.16B$18.69B$18.68B$18.44B
High Forecast$11.94B$14.25B$17.20B$17.05B$17.93B$18.38B$18.48B$18.13B
Low Forecast$12.57B$15.00B$17.66B$17.46B$18.48B$19.03B$18.89B$18.77B
Surprise %-1.40%0.97%0.55%0.31%----

Net Income Forecast

$-500M $-100M $300M $700M $1B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$94.76M$31.00M$745.93M$321.57M----
Avg Forecast$92.27M$14.75M$485.74M$321.57M$1.20B$1.09B$688.75M$767.13M
High Forecast$68.94M$-50.35M$388.59M$257.26M$1.18B$906.43M$673.19M$749.80M
Low Forecast$115.60M$79.86M$582.88M$385.89M$1.22B$1.20B$704.31M$784.45M
Surprise %2.70%110.11%53.57%-----

PPC Forecast FAQ


Is Pilgrim's Pride stock a buy?

Pilgrim's Pride stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 4 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Pilgrim's Pride is a favorable investment for most analysts.

What is Pilgrim's Pride's price target?

Pilgrim's Pride's price target, set by 6 Wall Street analysts, averages $43 over the next 12 months. The price target range spans from $43 at the low end to $43 at the high end, suggesting a potential -8.30% change from the previous close price of $46.89.

How does Pilgrim's Pride stock forecast compare to the average forecast of its sector, industry, and investment themes?

Pilgrim's Pride stock forecast shows a -8.30% downside, underperforming the average forecast for the consumer defensive stocks sector (12.48%) and underperforming the packaged foods stocks industry (19.23%).

What is the breakdown of analyst ratings for Pilgrim's Pride over the past three months?

  • January 2025: 0% Strong Buy, 14.29% Buy, 71.43% Hold, 0% Sell, 14.29% Strong Sell.
  • December 2024: 0% Strong Buy, 14.29% Buy, 71.43% Hold, 0% Sell, 14.29% Strong Sell.
  • November 2024: 9.09% Strong Buy, 9.09% Buy, 72.73% Hold, 0% Sell, 9.09% Strong Sell.

What is Pilgrim's Pride’s EPS forecast?

Pilgrim's Pride's average annual EPS forecast for its fiscal year ending in December is 5.06 for 2024, a 272.06% increase from the reported $1.36 in 2023. The prediction for 2025 is $4.44, $2.9 for 2026, and $3.23 for 2027.

What is Pilgrim's Pride’s revenue forecast?

Pilgrim's Pride's average annual revenue forecast for its fiscal year ending in December is $18.16B for 2024, a 4.60% increase from the reported $17.36B in 2023. The forecast for 2025 is $18.69B, $18.68B for 2026, and $18.44B for 2027.

What is Pilgrim's Pride’s net income forecast?

For its fiscal year ending in December, Pilgrim's Pride's average annual net income forecast is $1.2B for 2024, reflecting an 273.19% increase from the reported $321.57M in 2023. The projection for 2025 is $1.09B, $688.75M for 2026, and $767.13M for 2027.