Shares of chicken producer Pilgrim’s Pride (NASDAQ:PPC)
fell 14.8% in the afternoon session after the company reported weak first quarter 2025 results which included an EBITDA miss and gross margin falling short of Wall Street's estimates. Sales and earnings also missed analysts' estimates. Overall, this was a weaker quarter.
As the regular session of the US market on Wednesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Chicken producer Pilgrim’s Pride (NASDAQ:PPC) fell short of the market’s revenue expectations in Q1 CY2025 as sales rose 2.3% year on year to $4.46 billion. Its non-GAAP profit of $1.31 per share was 2.2% below analysts’ consensus estimates.
Looking back on perishable food stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Pilgrim's Pride (NASDAQ:PPC) and its peers.
Since April 2020, the S&P 500 has delivered a total return of 92.8%. But one standout stock has nearly doubled the market - over the past five years, Pilgrim's Pride has surged 177% to $55.20 per share. Its momentum hasn’t stopped as it’s also gained 20.4% in the last six months, beating the S&P by 27.3%.
Uncover the potential of PILGRIM'S PRIDE CORP, an undervalued stock. NASDAQ:PPC maintains a strong financial position and offers an appealing valuation.
During an economic downturn, the demand for food, beverages, and other essential products and services remains constant or can even see an uptick while other areas of the economy experience a slowdown.
PILGRIM'S PRIDE CORP is a hidden gem, featuring undervaluation and robust fundamentals. NASDAQ:PPC showcases decent financial health and profitability, coupled with an attractive price.
Pilgrim's Pride reveals a capital strategy focused on boosting its financial standing and long-term value for shareholders. The company has approved a $6.30 per share special cash dividend, totaling $1.5 billion. The dividend will be paid in April 2025.
Chicken producer Pilgrim’s Pride (NASDAQ:PPC) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 3.5% year on year to $4.37 billion. Its non-GAAP profit of $1.35 per share was 16.9% above analysts’ consensus estimates.
Pilgrim's Pride’s 17.7% return over the past six months has outpaced the S&P 500 by 8.5%, and its stock price has climbed to $46.46 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
