Pilgrim’s Pride (PPC) Projected to Announce Quarterly Earnings on Wednesday

Pilgrim’s Pride (NASDAQ:PPC) will likely be issuing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Pilgrim’s Pride to post earnings of $0.7030 per share and revenue of $4.7023 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:00 AM ET.

Pilgrim’s Pride (NASDAQ:PPC) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.18). Pilgrim’s Pride had a return on equity of 28.57% and a net margin of 4.78%.The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.43 billion. During the same period in the previous year, the company posted $1.31 earnings per share. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. On average, analysts expect Pilgrim’s Pride to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Pilgrim’s Pride Stock Performance

Shares of PPC opened at $28.68 on Monday. The company has a current ratio of 1.48, a quick ratio of 0.73 and a debt-to-equity ratio of 0.83. The firm has a market cap of $6.82 billion, a PE ratio of 7.69 and a beta of 0.29. Pilgrim’s Pride has a 12 month low of $26.50 and a 12 month high of $50.56. The stock has a fifty day moving average price of $28.50 and a 200-day moving average price of $34.61.

Hedge Funds Weigh In On Pilgrim’s Pride

Several hedge funds have recently made changes to their positions in the company. Quarry LP raised its stake in Pilgrim’s Pride by 30.5% in the 4th quarter. Quarry LP now owns 1,248 shares of the company’s stock worth $49,000 after acquiring an additional 292 shares during the last quarter. AlphaCentric Advisors LLC purchased a new stake in Pilgrim’s Pride during the 4th quarter valued at about $68,000. Atlas Capital Advisors Inc. acquired a new position in shares of Pilgrim’s Pride in the fourth quarter valued at about $95,000. Federation des caisses Desjardins du Quebec increased its holdings in shares of Pilgrim’s Pride by 18.0% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,252 shares of the company’s stock valued at $127,000 after purchasing an additional 496 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Pilgrim’s Pride by 136.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,881 shares of the company’s stock valued at $157,000 after purchasing an additional 1,663 shares during the period. 16.64% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on PPC shares. UBS Group started coverage on Pilgrim’s Pride in a research report on Tuesday, May 19th. They set a “neutral” rating and a $30.00 target price on the stock. Barclays raised Pilgrim’s Pride from an “equal weight” rating to an “overweight” rating and lowered their price target for the stock from $45.00 to $42.00 in a report on Friday, May 1st. Stephens set a $40.00 price target on Pilgrim’s Pride in a research note on Wednesday, April 15th. Bank of America cut their price objective on shares of Pilgrim’s Pride from $37.00 to $30.00 and set a “neutral” rating on the stock in a report on Thursday, July 2nd. Finally, The Goldman Sachs Group decreased their price objective on shares of Pilgrim’s Pride from $44.00 to $39.00 and set a “neutral” rating for the company in a research report on Thursday, April 9th. Two equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $36.83.

Pilgrim’s Pride Company Profile

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.