Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Pilgrims Pride Corp before investing.

In this article, we go over a few key elements for understanding Pilgrims Pride Corp’s stock price such as:

• Pilgrims Pride Corp’s current stock price and volume
• Why Pilgrims Pride Corp’s stock price changed recently
• Upgrades and downgrades for PPC from analysts
• PPC’s stock price momentum as measured by its relative strength

About Pilgrims Pride Corp (PPC)

Before we jump into Pilgrims Pride Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Pilgrim's Pride Corporation is primarily engaged in the production, processing, marketing and distribution of fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators. The Company operates through three segments: United States (U.S.), United Kingdom (U.K.) and Europe, and Mexico. The Company’s Fresh products consist of refrigerated (nonfrozen) whole or cut-up chicken, frozen whole chickens, breast fillets, primary pork cuts, added value pork and pork ribs. Its Prepared products include portion-controlled breast fillets, tenderloins and strips, delicatessen products, salads, formed nuggets and patties and bone-in chicken parts. Its Exported products primarily consist of whole chickens and chicken parts sold either refrigerated for distributors in the United States or frozen for distribution to export markets. Its Market overview consists of chain restaurants, food processors, broad-line distributors and certain other institutions.

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Pilgrims Pride Corp’s Stock Price as of Market Close

As of September 30, 2024, 4:00 PM, CST, Pilgrims Pride Corp’s stock price was $46.05.

Pilgrims Pride Corp is up 4.52% from its previous closing price of $44.06.

During the last market session, Pilgrims Pride Corp’s stock traded between $42.98 and $44.11. Currently, there are 236.94 million shares of Pilgrims Pride Corp stock available for purchase.

Pilgrims Pride Corp’s price-earnings (P/E) ratio is currently at 13.8, which is low compared to the Food Processing industry median of 20. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Pilgrims Pride Corp Stock Price History

Pilgrims Pride Corp’s (PPC) price is currently down 1.14% so far this month.

During the month of September, Pilgrims Pride Corp’s stock price has reached a high of $47.19 and a low of $40.09.

Over the last year, Pilgrims Pride Corp has hit prices as high as $47.44 and as low as $22.33. Year to date, Pilgrims Pride Corp’s stock is up 94.06%.

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What Caused Pilgrims Pride Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 27, 2024, there were 0 analysts who downgraded Pilgrims Pride Corp’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Pilgrims Pride Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Pilgrims Pride Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Pilgrims Pride Corp’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Pilgrims Pride Corp (PPC) by visiting AAII Stock Evaluator.

Relative Price Strength of Pilgrims Pride Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 27, 2024, Pilgrims Pride Corp has a weighted four-quarter relative price strength of 10.03%, which translates to a Momentum Score of 86 and is considered to be Very Strong.

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Pilgrims Pride Corp Stock Price: Bottom Line

As of September 30, 2024, Pilgrims Pride Corp’s stock price is $46.05, which is up 4.52% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Pilgrims Pride Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.