PPC Stock - Pilgrim's Pride Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $17.88B | $17.36B | $17.47B | $14.78B | $12.09B |
| Gross Profit | $2.31B | $1.12B | $1.81B | $1.37B | $838.20M |
| Gross Margin | 12.9% | 6.4% | 10.4% | 9.2% | 6.9% |
| Operating Income | $1.51B | $522.29M | $1.18B | $211.16M | $245.46M |
| Net Income | $1.09B | $321.57M | $745.93M | $31.00M | $94.76M |
| Net Margin | 6.1% | 1.9% | 4.3% | 0.2% | 0.8% |
| EPS | $4.58 | $1.36 | $3.11 | $0.13 | $0.39 |
Pilgrim's Pride Corporation engages in the production, processing, marketing and distribution of fresh, frozen and value-added chicken, and pork products to retailers, distributors, and foodservice operators in the United States, the United Kingdom, Mexico, the Middle East, Asia, Continental Europe, and internationally. The company offers fresh products, including pre-marinated or non-marinated chicken, frozen whole chickens, breast fillets, mini breast fillets and prepackaged case-ready chicken, primary pork cuts, and pork and pork ribs; prepared products, which include portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties, and bone-in chicken parts; processed sausages, bacon, slow cooked, smoked meat, gammon joints, as well as variety of meat products, pre-packed meats, sandwich and deli counter meats, pulled pork balls, meatballs, and coated foods. In addition, its exported products include whole chickens and chicken parts sold either refrigerated for distributors in the U.S. or frozen for distribution to export markets and primary pork cuts, hog heads and trotters frozen for distribution to export markets. The company offers its products under the Pilgrim's, Just BARE, Gold'n Pump, Gold Kist, County Pride, Pierce Chicken, Pilgrim's Mexico, County Post, Savoro, To-Ricos, Del Dia, Moy Park, O'Kane, Richmond, Fridge Raiders, and Denny brands. Pilgrim's Pride Corporation sells its products to the foodservice market principally consists of chain restaurants, food processors, broad-line distributors, and other institutions; and retail market, which comprise primarily grocery store chains, wholesale clubs, and other retail distributors. The company was founded in 1946 and is headquartered in Greeley, Colorado. Pilgrim's Pride Corporation operates as a subsidiary of JBS S.A.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| June 23rd 2025 | Goldman | Initiation | Neutral | $50 |
| October 3rd 2024 | Stephens | Resumed | Equal Weight | $43 |
| August 15th 2024 | BofA Securities | Downgrade | Neutral | $47 |
| August 12th 2024 | BMO Capital Markets | Downgrade | Market Perform | $46 |
| June 18th 2024 | Argus | Initiation | Buy | $41 |
| April 16th 2024 | Barclays | Downgrade | Equal Weight | $38← $35 |
| July 13th 2023 | BMO Capital Markets | Upgrade | Outperform | $28← $26 |
| April 28th 2023 | BofA Securities | Upgrade | Buy | $26 |
| April 14th 2023 | BMO Capital Markets | Resumed | Market Perform | $26 |
Earnings History & Surprises
PPCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $0.91 | — | — | — |
Q4 2025 | Oct 29, 2025 | $1.41 | $1.52 | +7.8% | ✓ BEAT |
Q3 2025 | Jul 30, 2025 | $1.57 | $1.70 | +8.3% | ✓ BEAT |
Q2 2025 | Apr 30, 2025 | $1.34 | $1.31 | -2.2% | ✗ MISS |
Q1 2025 | Feb 12, 2025 | $1.13 | $1.35 | +19.5% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $1.38 | $1.63 | +18.1% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $1.30 | $1.67 | +28.5% | ✓ BEAT |
Q2 2024 | May 1, 2024 | $0.64 | $0.77 | +20.3% | ✓ BEAT |
Q1 2024 | Feb 26, 2024 | $0.40 | $0.59 | +47.5% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $0.42 | $0.58 | +38.1% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $0.28 | $0.44 | +57.1% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $0.05 | $0.08 | +66.7% | ✓ BEAT |
Q1 2023 | Feb 8, 2023 | $-0.02 | $-0.49 | -2550.1% | ✗ MISS |
Q4 2022 | Oct 26, 2022 | $0.78 | $1.09 | +39.7% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $1.14 | $1.54 | +35.1% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $0.65 | $1.18 | +81.5% | ✓ BEAT |
Q1 2022 | Feb 9, 2022 | $0.40 | $0.56 | +40.0% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $0.69 | $0.67 | -2.9% | ✗ MISS |
Q3 2021 | Jul 28, 2021 | $0.59 | $0.63 | +6.8% | ✓ BEAT |
Latest News
Barclays Maintains Equal-Weight on Pilgrims Pride, Lowers Price Target to $45
📉 NegativePilgrims Pride Q3 Adj. EPS $1.52 Beats $1.40 Estimate, Sales $4.759B Beat $4.699B Estimate
📈 PositiveGoldman Sachs Maintains Neutral on Pilgrims Pride, Lowers Price Target to $46
➖ NeutralPilgrim's Pride stock slides after Q1 results fail to impress
📉 NegativeFrequently Asked Questions about PPC
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