Pilgrim's Pride downgraded by BofA Securities with a new price target
$PPC
Meat/Poultry/Fish
Consumer Staples
BofA Securities downgraded Pilgrim's Pride from Buy to Neutral and set a new price target of $47.00
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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 |
4 - PILGRIMS PRIDE CORP (0000802481) (Issuer)
4 - PILGRIMS PRIDE CORP (0000802481) (Issuer)
4 - PILGRIMS PRIDE CORP (0000802481) (Issuer)
GREELEY, Colo., March 14, 2025 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC), one of the world's leading food companies, today announced a capital deployment strategy in support of its ongoing efforts to improve its capital structure, enhance its diversified portfolio, stimulate brand growth and generate shareholder value. As a part of the strategy, the company's board of directors has approved the declaration of a special cash dividend of $6.30 per share. The total amount of the special dividend payment will be approximately $1.5 billion, based on the current number of shares outstanding. The special cash dividend is payable on April 17, 2025, to stockholders of record on A
GREELEY, Colo., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC), one of the world's leading food companies, reports its fourth quarter and year-end 2024 financial results. 2024 Highlights Net Sales of $17.9 billion.Consolidated GAAP Operating Income margin of 8.4%.GAAP Net Income of $1.1 billion and GAAP EPS of $4.57. Adjusted Net Income of $1.3 billion, or Adjusted EPS of $5.42.Adjusted EBITDA of $2.2 billion, or a 12.4% margin, with Adjusted EBITDA margins of 14.7% in the U.S., 7.9% in Europe, and 11.8% in Mexico.The U.S. Fresh portfolio continued to benefit from strong chicken demand and execution of the company's strategies. Pilgrim's continued to progress
GREELEY, Colo., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC) announced today that it will release its fourth quarter and fiscal year 2024 financial results on Wednesday, Feb. 12. The company's executives will review the results on a conference call and webcast at 7:00 a.m. MT (9:00 a.m. ET) on Thursday, Feb. 13. 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. A press release and supplemental materials will be issued before the market opens that morning. Investors and analysts may pre-register for the webcast to receive a unique PIN to gain i
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
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
SC 13D/A - PILGRIMS PRIDE CORP (0000802481) (Subject)
SC 13D/A - PILGRIMS PRIDE CORP (0000802481) (Subject)
SC 13D/A - PILGRIMS PRIDE CORP (0000802481) (Subject)
8-K - PILGRIMS PRIDE CORP (0000802481) (Filer)
144 - PILGRIMS PRIDE CORP (0000802481) (Subject)
10-K - PILGRIMS PRIDE CORP (0000802481) (Filer)
GREELEY, Colo., March 14, 2025 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC), one of the world's leading food companies, today announced a capital deployment strategy in support of its ongoing efforts to improve its capital structure, enhance its diversified portfolio, stimulate brand growth and generate shareholder value. As a part of the strategy, the company's board of directors has approved the declaration of a special cash dividend of $6.30 per share. The total amount of the special dividend payment will be approximately $1.5 billion, based on the current number of shares outstanding. The special cash dividend is payable on April 17, 2025, to stockholders of record on A
GREELEY, Colo., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC), one of the world's leading food companies, reports its fourth quarter and year-end 2024 financial results. 2024 Highlights Net Sales of $17.9 billion.Consolidated GAAP Operating Income margin of 8.4%.GAAP Net Income of $1.1 billion and GAAP EPS of $4.57. Adjusted Net Income of $1.3 billion, or Adjusted EPS of $5.42.Adjusted EBITDA of $2.2 billion, or a 12.4% margin, with Adjusted EBITDA margins of 14.7% in the U.S., 7.9% in Europe, and 11.8% in Mexico.The U.S. Fresh portfolio continued to benefit from strong chicken demand and execution of the company's strategies. Pilgrim's continued to progress
GREELEY, Colo., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC), one of the world's largest food companies, will hold an Investor Day at the Nasdaq MarketSite in New York on Friday, March 14. Members of senior management will be discussing with investors and analysts the company's strategy, competitive advantages, and approach to capital allocation. Pilgrim's Pride CEO and President Fabio Sandri will kick off the event at 10 a.m. EST. Other members of senior management will participate throughout the day, and the meeting will conclude with a question and answer session. Interested investors and analysts are requested to RSVP to attend this event no later than F