Argus Research Maintains Buy on Pilgrims Pride, Raises Price Target to $50
$PPC
Meat/Poultry/Fish
Consumer Staples
Argus Research analyst John Staszak maintains Pilgrims Pride (NASDAQ:PPC) with a Buy and raises the price target from $41 to $50.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/3/2024 | $43.00 | Equal-Weight | Stephens |
| 8/15/2024 | $47.00 | Buy → Neutral | BofA Securities |
| 8/12/2024 | $46.00 | Outperform → Market Perform | BMO Capital Markets |
| 6/18/2024 | $41.00 | Buy | Argus |
| 4/16/2024 | $35.00 → $38.00 | Overweight → Equal Weight | Barclays |
| 7/13/2023 | $26.00 → $28.00 | Market Perform → Outperform | BMO Capital Markets |
| 4/28/2023 | $26.00 | Neutral → Buy | BofA Securities |
| 4/14/2023 | $26.00 | Market Perform | BMO Capital Markets |
Argus Research analyst John Staszak maintains Pilgrims Pride (NASDAQ:PPC) with a Buy and raises the price target from $41 to $50.
B of A Securities analyst Peter Galbo maintains Pilgrims Pride (NASDAQ:PPC) with a Buy and raises the price target from $40 to $42.
Tyson Foods, Inc. (NYSE:TSN) announced its agreement to sell its poultry complex in Vienna, Georgia, to House of Raeford Farms. The financial details of the transaction were not revealed. This move is part of Tyson Foods’ ongoing strategy to optimize its plant network. Despite the sale, Tyson Foods will continue to meet customer demands through its other production facilities. House of Raeford Farms plans to maintain operations at the Vienna complex, utilizing the existing workforce and grower network. The sale is contingent on standard closing conditions, including approval from U.S. regulators. House of Raeford Farms has assured that the current workforce and grower network will r
8-K - PILGRIMS PRIDE CORP (0000802481) (Filer)
PRE 14A - PILGRIMS PRIDE CORP (0000802481) (Filer)
8-K - PILGRIMS PRIDE CORP (0000802481) (Filer)
GREELEY, Colo., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC), one of the world's largest poultry producers, reports its third quarter 2024 financial results. Third Quarter Highlights Net Sales of $4.6 billion.Consolidated GAAP operating income margin of 11.1%.GAAP Net Income of $350.0 million and GAAP EPS of $1.47. Adjusted Net Income of $387.0 million or Adjusted EPS of $1.63.Adjusted EBITDA of $660.4 million, or a 14.4% margin.Our U.S. Fresh portfolio continued to improve through progress in operational excellence, strong demand, and enhanced mix. Overall chicken demand was strong given competitive pricing and value delivered to the consumer, w
GREELEY, Colo., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Pilgrim's (NASDAQ:PPC), a leading global food company, today announced the release of its 2023 Sustainability Report, which includes highlights and achievements from the past year across the company's global operations. The report details advancements in critical areas of sustainability in the United States, Puerto Rico, Mexico, Europe and the United Kingdom. Pilgrim's produces high-quality poultry, pork, retail-ready, and prepared foods products, while focusing on meeting needs in the local communities where its team members live and work. As a global food company, Pilgrim's has the opportunity and responsibility to lead sustainable chang
GREELEY, Colo., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC) announced today that it will release its third quarter 2024 financial results after the U.S. market closes on Wednesday, October 30. The company's executives will review the results on a conference call and webcast on Thursday, October 31, 2024, 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-registrat
4 - PILGRIMS PRIDE CORP (0000802481) (Issuer)
4 - PILGRIMS PRIDE CORP (0000802481) (Issuer)
4 - PILGRIMS PRIDE CORP (0000802481) (Issuer)
Stephens resumed coverage of Pilgrim's Pride with a rating of Equal-Weight and set a new price target of $43.00
BofA Securities downgraded Pilgrim's Pride from Buy to Neutral and set a new price target of $47.00
BMO Capital Markets downgraded Pilgrim's Pride from Outperform to Market Perform and set a new price target of $46.00
GREELEY, Colo., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC), one of the world's largest poultry producers, reports its third quarter 2024 financial results. Third Quarter Highlights Net Sales of $4.6 billion.Consolidated GAAP operating income margin of 11.1%.GAAP Net Income of $350.0 million and GAAP EPS of $1.47. Adjusted Net Income of $387.0 million or Adjusted EPS of $1.63.Adjusted EBITDA of $660.4 million, or a 14.4% margin.Our U.S. Fresh portfolio continued to improve through progress in operational excellence, strong demand, and enhanced mix. Overall chicken demand was strong given competitive pricing and value delivered to the consumer, w
GREELEY, Colo., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC) announced today that it will release its third quarter 2024 financial results after the U.S. market closes on Wednesday, October 30. The company's executives will review the results on a conference call and webcast on Thursday, October 31, 2024, 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-registrat
GREELEY, Colo., July 31, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC), one of the world's largest food companies, reports its second quarter 2024 financial results. Second Quarter Highlights Net Sales of $4.6 billion.Consolidated GAAP operating income margin of 9.7%.GAAP Net Income of $326.5 million and GAAP EPS of $1.37. Adjusted Net Income of $398.0 million or Adjusted EPS of $1.67.Adjusted EBITDA of $655.9 million, or a 14.4% margin, with Adjusted EBITDA margins of 16.7% in the U.S., 7.4% in Europe, and 19.4% in Mexico.Our U.S. fresh portfolio continued to strengthen given enhanced market conditions and disciplined execution of our strategies. Case Ready and Smal
SC 13D/A - PILGRIMS PRIDE CORP (0000802481) (Subject)
SC 13D/A - PILGRIMS PRIDE CORP (0000802481) (Subject)
SC 13D/A - PILGRIMS PRIDE CORP (0000802481) (Subject)
TORONTO, ON / ACCESSWIRE / June 27, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) is pleased to announce the results of its annual and special meeting held on June 26, 2024 (the "Meeting"). At the Meeting, shareholders approved the appointment of Baker Tilly WM LLP, Chartered Accountants, as auditor of the Corporation, the expansion of the Board of Directors to seven persons and the election of all of management's nominees to the Board. Joining Steve Durbin, Dr. Henry Sandri, Megan McElwain, John Kutkevicius and Brian Savage on the Board are Dr. Quinton Hennigh and Tyson Hall, two individuals with strong backgrounds in, among other things, the mining,
TORONTO, ON / ACCESSWIRE / June 3, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) is pleased to announce that Dr. Quinton Hennigh and Mr. Tyson Hall will stand for election as directors at the Company's upcoming annual general and special meeting to be held on June 26, 2024 at 12 noon EST (the "Meeting"), along with incumbents Brian Savage (also CEO), Dr. Henry Sandri, John Kutkevicius, Megan McElwain and Steve Durbin."We are extremely pleased that Dr. Hennigh and Mr. Hall have agreed to join our board," said Oliver Lennox-King, Chair of EML. "The expansion of the EML board reflects the growth and strategic initiatives of the Company as we further advan
GREELEY, Colo., June 06, 2022 (GLOBE NEWSWIRE) -- JBS USA today named Karla Thieman to its executive leadership team as senior vice president, public policy and government affairs. In this newly created role, she will have oversight of U.S. public policy and government relations strategies for JBS USA and Pilgrim's Pride Corporation (NASDAQ:PPC). Thieman will be based in Washington, D.C., where she will lead the establishment of a new office and government relations team to support the company's continued growth and evolution as a leading global food company. "Karla is one of the brightest, most thoughtful minds in all of agricultural policy today," said Cameron Bruett, JBS USA h