Analysts See $0.55 EPS for Pilgrim's Pride Corporation (PPC)

October 11, 2018 - By Richard Conner

Pilgrim's Pride Corporation (NASDAQ:PPC) LogoInvestors sentiment decreased to 0.71 in Q2 2018. Its down 0.18, from 0.89 in 2018Q1. It dropped, as 49 investors sold Pilgrim's Pride Corporation shares while 68 reduced holdings. 28 funds opened positions while 55 raised stakes. 49.44 million shares or 14.86% less from 58.07 million shares in 2018Q1 were reported.
State Teachers Retirement Systems has invested 0% in Pilgrim's Pride Corporation (NASDAQ:PPC). Commonwealth National Bank & Trust Of Aus holds 0.04% or 221,220 shares. Lsv Asset Mngmt invested in 10.66M shares or 0.34% of the stock. 2.37M were accumulated by Aqr Capital Management Limited Liability Corporation. Product Partners Ltd stated it has 146,816 shares. 28,210 are owned by Eqis Capital. Lpl Financial Ltd Limited Liability Company accumulated 14,040 shares or 0% of the stock. Mackay Shields Ltd Liability owns 736,930 shares. The Texas-based Dimensional Fund Advisors Lp has invested 0.01% in Pilgrim's Pride Corporation (NASDAQ:PPC). Schwab Charles Invest Mngmt reported 907,277 shares. Piedmont Advisors Limited Liability Company holds 0% or 21 shares. Price T Rowe Associates Md reported 0% of its portfolio in Pilgrim's Pride Corporation (NASDAQ:PPC). Sterling Capital Limited Com has invested 0.03% in Pilgrim's Pride Corporation (NASDAQ:PPC). Credit Suisse Ag holds 0% or 142,337 shares in its portfolio. Metropolitan Life Ins New York owns 1,423 shares for 0% of their portfolio.

Since August 9, 2018, it had 1 buying transaction, and 0 selling transactions for $43,405 activity.

Analysts expect Pilgrim's Pride Corporation (NASDAQ:PPC) to report $0.55 EPS on November, 6.They anticipate $0.43 EPS change or 43.88 % from last quarter’s $0.98 EPS. PPC’s profit would be $136.93 million giving it 7.83 P/E if the $0.55 EPS is correct. After having $0.53 EPS previously, Pilgrim's Pride Corporation’s analysts see 3.77 % EPS growth. The stock decreased 0.92% or $0.16 during the last trading session, reaching $17.22. About 831,856 shares traded. Pilgrim's Pride Corporation (NASDAQ:PPC) has declined 34.25% since October 11, 2017 and is downtrending. It has underperformed by 49.87% the S&P500.

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 $4.29 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 7.24 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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