Pilgrim's Pride 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 was founded in 1946 and is based in Greeley, Colorado.
PPC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Pilgrims Pride Corp. To summarize, we found that Pilgrims Pride Corp ranked in the 20th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for PPC, they are:
The company's compound free cash flow growth rate over the past 5.5 years comes in at -0.19%; that's greater than only 8.52% of US stocks we're applying DCF forecasting to.
Pilgrims Pride Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than just 5.38% of tickers in our DCF set.
Relative to other stocks in its sector (Consumer Defensive), Pilgrims Pride Corp has a reliance on debt greater than 68.65% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Pilgrims Pride Corp? See BF.B, DL, HRL, PEP, and ATGE.
GREELEY, Colo., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC) announced today that it will host its year end 2020 earnings conference call and webcast on Thursday, February 11, 2021 at 7:00 a.m. MT (9:00 a.m. ET). Prepared remarks regarding the company’s financial and operational results will be followed by a question and answer period with Pilgrim’s executive management team. Investors and analysts may pre-register for the webcast to receive a unique PIN to gain immediate access to the call and bypass the live operator. Pre-registration may be completed at any time, including up to and after the call start time, by accessing the “Investor” section of the company’s website at www.pilgrims.com, and clicking on the link under “Upcoming Events.” Participants c...
(Bloomberg) -- America’s top two chicken producers have reached agreements with buyers to settle complaints over price-fixing allegations.Pilgrim’s Pride Corp., owned by Brazil’s JBS SA, said it will pay $75 million to settle the class action suit, according to a regulatory filing on Monday. Tyson Foods Inc. said in a separate statement that it had reached an “agreement in principle” without disclosing terms. Neither company admited wrongdoing.American meat companies have been under fire, with poultry buyers including Chick-fil-A and Target Corp. having sued top U.S. chicken producers for fixing meat prices for years. The companies have also faced pressure as the coronavirus spread among its workforce, shutting down several facilities last year.Pilgrim’s in October agreed to pay a $110....
Pilgrim's Pride Corporation ([[PPC]] +0.4%) will pay $75M to chicken buyers to settle price-fixing allegations, according to the SEC.The company didn't admit to wrongdoing as part of the broiler antitrust settlement.The payment will be reflected in Pilgrim's Q4 results, which are expected to be released in the middle part of...