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

October 13, 2018 - By Nellie Frank

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.
Qs Limited Com owns 7,600 shares for 0% of their portfolio. Ameriprise Fincl, Minnesota-based fund reported 401,485 shares. Parametric Portfolio Assoc Ltd Liability Com stated it has 183,896 shares or 0% of all its holdings. Voya Inv Management Limited Liability, a Georgia-based fund reported 11,143 shares. Northwestern Mutual Wealth Mgmt reported 0% stake. Numerixs Inv Technology Inc invested 0.05% of its portfolio in Pilgrim's Pride Corporation (NASDAQ:PPC). Moreover, Toronto Dominion National Bank has 0% invested in Pilgrim's Pride Corporation (NASDAQ:PPC). Putnam Invests Limited Co has 72,600 shares. Ny State Teachers Retirement Systems, a New York-based fund reported 4,700 shares. Glenmede Na owns 8,285 shares. Riverhead Management Ltd Liability Com holds 0.03% in Pilgrim's Pride Corporation (NASDAQ:PPC) or 36,840 shares. Pub Employees Retirement Systems Of Ohio reported 18,469 shares. U S Investors invested 0.39% in Pilgrim's Pride Corporation (NASDAQ:PPC). Jefferies Group reported 67,440 shares. Horrell Management has invested 0.31% of its portfolio in Pilgrim's Pride Corporation (NASDAQ:PPC).

Since August 9, 2018, it had 1 buy, and 0 sales 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 $136.95M giving it 7.71 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 increased 0.41% or $0.07 during the last trading session, reaching $16.96. About 925,621 shares traded. Pilgrim's Pride Corporation (NASDAQ:PPC) has declined 34.25% since October 14, 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 $4.22 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 7.13 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.

More news for Pilgrim's Pride Corporation (NASDAQ:PPC) were recently published by: Bizwest.com, which released: “Front Range public companies fare fine despite stock-market tumble” on October 11, 2018. Nasdaq.com‘s article titled: “Pilgrim’s Pride Corporation to Host Third Quarter 2018 Earnings Call on November 1, 2018” and published on October 11, 2018 is yet another important article.

Pilgrim's Pride Corporation (NASDAQ:PPC) Institutional Positions Chart

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