Pilgrim’s Pride Corporation (PPC) – The Long Game That Investors Are Missing

    Lovette William W, CEO and President, subtracted 86,425 shares of Pilgrim’s Pride Corporation (PPC) from its portfolio at the rate of $20.30 per share valuing $1,754,428 on Feb 20. The insider left behind 492,228 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Pilgrim’s Pride Corporation (PPC) was $26.64. Currently, the 1st Resistance Point for this stock is $26.96, with a 2nd Resistance Point sitting at $27.29. Meanwhile, this company’s stock has a 1st Support Level at $26.41 and a 2nd Support Level at $26.19. Pilgrim’s Pride Corporation (PPC) stock has gained $0.09, or 0.34%, in the past five days. In the last full month, these shares have lost -$1.04, or -3.76%. In the past three months, this stock’s price has risen by $5.78, or 27.71%. This year-to-date, Pilgrim’s Pride Corporation (PPC) shares have gained $11.13, or 71.76%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Pilgrim’s Pride Corporation (PPC) stock, 0% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

    With 249,420 K shares outstanding, this company currently has a market capitalization of $6,716,880K. Pilgrim’s Pride Corporation (PPC) generates $10,938 M in annual sales, amounting to annual net income of $247,950 K. This stock has generated a 1-Year Total Return of 28.70%, a 3-Year Total Return of 8.16%, and a 5-year Total Return of 2.70%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $5.770 per share on 01/28/15. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

    In the most recently-reported fiscal quarter, which ended in Mar-19, Pilgrim’s Pride Corporation (PPC) reported earnings of $0.35 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.35 per share, representing a 0 difference and 1.07% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.09 represented a -0.01 difference from the consensus estimate calling for $0.10 per share, which was a 12.54% surprise.

    In the year-ago quarter, Pilgrim’s Pride Corporation (PPC) generated per-share earnings of $0.53. If the analysts are correct about the current quarter’s earnings, the growth will be +188,390.57% .

    Turning our focus now to insider trading activity, there have been 2 purchases (200,000 shares in total) and 0 sale (0 shares in total) in the last 3 months. In the last 6 months, there have been 3 insider buys amounting to 300,000 shares and 1 insider sales amounting to 86,425 shares. In the past full year, 7 insider purchases were made (involving 302,500 shares) and 1 insider sell-offs equivalent to 86,425 shares.

    Moving onto liquidity, Pilgrim’s Pride Corporation (PPC) has a Current Ratio of 1.72, a Quick Ratio of 0.83 and a Cash Ratio of 0.28. Looking at this company’s capital structure, its Total Debt to Total Equity is 115.71, its Total Debt to Total Capital is 53.64, and its Total Debt to Total Assets is now 39.21. Looking even further ahead into the future, its Long-Term Debt to Equity is 114.20 and its Long-Term Debt to Total Capital is 52.94.