Pilgrim’s Pride Corporation (NASDAQ:PPC) Receives Consensus Rating of “Hold” from Brokerages

Shares of Pilgrim’s Pride Corporation (NASDAQ:PPC) have been assigned a consensus recommendation of “Hold” from the eight analysts that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $36.8333.

PPC has been the topic of a number of analyst reports. Barclays upgraded shares of Pilgrim’s Pride from an “equal weight” rating to an “overweight” rating and decreased their price objective for the company from $45.00 to $42.00 in a research report on Friday, May 1st. UBS Group initiated coverage on Pilgrim’s Pride in a research note on Tuesday, May 19th. They issued a “neutral” rating and a $30.00 target price on the stock. Bank of America reduced their price target on Pilgrim’s Pride from $37.00 to $30.00 and set a “neutral” rating on the stock in a report on Thursday, July 2nd. Weiss Ratings lowered Pilgrim’s Pride from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, June 26th. Finally, The Goldman Sachs Group dropped their price objective on Pilgrim’s Pride from $44.00 to $39.00 and set a “neutral” rating for the company in a report on Thursday, April 9th.

Pilgrim’s Pride Stock Down 2.0%

Shares of Pilgrim’s Pride stock opened at $29.34 on Friday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.73 and a current ratio of 1.48. Pilgrim’s Pride has a 52-week low of $26.50 and a 52-week high of $50.56. The company’s 50 day moving average price is $28.57 and its 200-day moving average price is $34.38. The stock has a market capitalization of $6.98 billion, a price-to-earnings ratio of 12.76 and a beta of 0.29.

Pilgrim’s Pride (NASDAQ:PPC) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.06). The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.70 billion. Pilgrim’s Pride had a net margin of 2.96% and a return on equity of 21.85%. The company’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.70 earnings per share. Equities research analysts forecast that Pilgrim’s Pride will post 3.01 EPS for the current year.

Pilgrim’s Pride News Roundup

Here are the key news stories impacting Pilgrim’s Pride this week:

• Positive Sentiment: Prepared foods and brand growth remain bright spots. U.S. Prepared Foods sales and margins increased, while Just Bare® retail sales rose more than 30% year over year and gained nearly 300 basis points of market share. European and Mexican poultry and prepared-food volumes also grew. Pilgrim’s Pride Reports Second Quarter 2026 Results
• Positive Sentiment: Liquidity supports continued investment. PPC reported a net leverage ratio of 1.43x adjusted EBITDA, below its 2x–3x target range, and is investing in plant upgrades and expanded deboning and prepared-foods capacity to reduce exposure to commodity volatility.
• Neutral Sentiment: Analyst sentiment remains cautious. The company has a consensus “Hold” rating, while reported recent price targets range from $30 to $42, with a median of $39. Pilgrim’s Pride Receives Consensus Hold Rating
• Negative Sentiment: Profit and revenue missed expectations. Q2 revenue fell 2.8% year over year to $4.63 billion, below the roughly $4.70 billion analyst estimate. Adjusted EPS was $0.64, below estimates of approximately $0.70–$0.75 and down from $1.70 a year earlier. PPC Q2 Earnings Miss Estimates
• Negative Sentiment: Commodity oversupply compressed margins. Falling chicken commodity prices, increased protein supply and weaker pricing reduced adjusted EBITDA 47.6% to $360 million. GAAP operating income declined 87.1%, while GAAP EPS was only $0.06, partly reflecting litigation, impairment and debt-extinguishment charges. UK pork margins also faced pressure from imports, and Mexico experienced increased domestic production and imports.

Hedge Funds Weigh In On Pilgrim’s Pride

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada boosted its holdings in Pilgrim’s Pride by 6.3% in the first quarter. Royal Bank of Canada now owns 100,493 shares of the company’s stock valued at $5,479,000 after acquiring an additional 5,950 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Pilgrim’s Pride by 136.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,881 shares of the company’s stock worth $157,000 after purchasing an additional 1,663 shares in the last quarter. Millennium Management LLC raised its holdings in Pilgrim’s Pride by 180.7% in the 1st quarter. Millennium Management LLC now owns 342,774 shares of the company’s stock worth $18,685,000 after purchasing an additional 220,673 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Pilgrim’s Pride by 15.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,243,039 shares of the company’s stock worth $67,758,000 after purchasing an additional 166,967 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its position in shares of Pilgrim’s Pride by 1.3% in the 2nd quarter. New York State Common Retirement Fund now owns 17,817 shares of the company’s stock worth $801,000 after purchasing an additional 230 shares during the period. Institutional investors own 16.64% of the company’s stock.

About Pilgrim’s Pride

Pilgrim’s Pride Corporation is a leading poultry producer in the United States and Mexico and a wholly owned subsidiary of JBS SA Headquartered in Greeley, Colorado, and Pittsburg, Texas, the company specializes in the production, processing and distribution of fresh, frozen and value-added chicken products. Pilgrim’s Pride serves a diverse customer base that includes retail grocery chains, foodservice distributors and restaurant operators across North America and in select international markets.

The company’s vertically integrated operations encompass breeding, hatching, feed milling, processing plants and cold storage facilities.