Pilgrim's employs approximately 55,400 people and operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K, and continental Europe. The Company's primary distribution is through retailers and foodservice distributors.
Company profile
Ticker
PPC
Exchange
Website
CEO
Jayson Penn
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
PILGRIM'S PRIDE CORPORATION • PFS Distribution Company • Pilgrim's Pride, LLC • Pilgrim's Pride Finance LLC • POPPSA 3, LLC • POPPSA 4, LLC • PPC Transportation Company • Merit Provisions, LLC • 40 North Foods, Inc. • PPC of Alabama, Inc. ...
IRS number
751285071
PPC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
2 May 23
10-Q
2023 Q1
Quarterly report
26 Apr 23
8-K
Regulation FD Disclosure
26 Apr 23
8-K
Pilgrim’s Pride Reports First Quarter 2023 Results with $4.2 Billion in Net Sales and Operating Income of $31.3 Million
26 Apr 23
8-K
Entry into a Material Definitive Agreement
19 Apr 23
DEFA14A
Additional proxy soliciting materials
18 Apr 23
424B5
Prospectus supplement for primary offering
5 Apr 23
8-K
Other Events
5 Apr 23
FWP
Free writing prospectus
4 Apr 23
424B5
Prospectus supplement for primary offering
4 Apr 23
Transcripts
PPC
Earnings call transcript
2023 Q1
27 Apr 23
PPC
Earnings call transcript
2022 Q4
9 Feb 23
PPC
Earnings call transcript
2022 Q3
27 Oct 22
PPC
Earnings call transcript
2022 Q2
28 Jul 22
PPC
Earnings call transcript
2022 Q1
28 Apr 22
PPC
Earnings call transcript
2021 Q4
10 Feb 22
PPC
Earnings call transcript
2021 Q3
28 Oct 21
PPC
Earnings call transcript
2021 Q2
30 Jul 21
PPC
Earnings call transcript
2021 Q1
29 Apr 21
PPC
Earnings call transcript
2020 Q4
11 Feb 21
Latest ownership filings
3
Filho Wesley Mendonca Batista
5 May 23
4
Karoleski Joanita Maria Maestri
28 Apr 23
4
Arquimedes Celis
28 Apr 23
4
Raul Padilla
28 Apr 23
4
wallim cruz de vasconcellos jr
28 Apr 23
4
Farha Aslam
28 Apr 23
4
Ajay Menon
28 Apr 23
4
Fabio Sandri
21 Feb 23
4
Matthew R Galvanoni
21 Feb 23
4
Fabio Sandri
22 Aug 22
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 184.57 mm | 184.57 mm | 184.57 mm | 184.57 mm | 184.57 mm | 184.57 mm |
| Cash burn (monthly) | 83.40 mm | 47.60 mm | (no burn) | (no burn) | 53.90 mm | (no burn) |
| Cash used (since last report) | 186.64 mm | 106.53 mm | n/a | n/a | 120.63 mm | n/a |
| Cash remaining | -2.08 mm | 78.03 mm | n/a | n/a | 63.93 mm | n/a |
| Runway (months of cash) | -0.0 | 1.6 | n/a | n/a | 1.2 | n/a |
Institutional ownership, Q1 2023
99.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 210 |
| Opened positions | 22 |
| Closed positions | 44 |
| Increased positions | 63 |
| Reduced positions | 84 |
| 13F shares | Current |
|---|---|
| Total value | 904.44 bn |
| Total shares | 235.41 mm |
| Total puts | 122.40 k |
| Total calls | 147.20 k |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| JBS Usa Holding Lux S.a R.L. | 195.45 mm | $0.00 |
| Vanguard | 5.06 mm | $117.19 bn |
| BLK Blackrock | 4.52 mm | $104.88 bn |
| Dimensional Fund Advisors | 2.70 mm | $62.51 bn |
| Candlestick Capital Management | 1.90 mm | $44.04 bn |
| Aqr Capital Management | 1.81 mm | $41.21 bn |
| Appian Way Asset Management | 1.62 mm | $37.53 bn |
| STT State Street | 1.32 mm | $30.58 bn |
| First Trust Advisors | 1.21 mm | $27.94 bn |
| GS Goldman Sachs | 1.19 mm | $27.65 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 27 Apr 23 | Raul Padilla | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 2,790 | 0.00 | 5,035 |
| 27 Apr 23 | vasconcellos wallim cruz de jr | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 2,790 | 0.00 | 15,212 |
| 27 Apr 23 | Ajay Menon | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 2,790 | 0.00 | 7,466 |
| 27 Apr 23 | Karoleski Joanita Maria Maestri | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 2,790 | 0.00 | 7,466 |
| 27 Apr 23 | Aslam Farha | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 2,790 | 0.00 | 12,426 |
News
Analyst Expectations for Pilgrims Pride's Future
1 Jun 23
Barclays Maintains Overweight on Pilgrims Pride, Lowers Price Target to $27
1 Jun 23
Analyst Ratings for Pilgrims Pride
28 Apr 23
Benzinga's Top Ratings Upgrades, Downgrades For April 28, 2023
28 Apr 23
Pilgrims Pride Earnings Perspective: Return On Capital Employed
28 Apr 23
Press releases
Grabar Law Office Investigates Claims on Behalf of Shareholders of Pilgrim's Pride Corporation (PPC)
8 May 23
Pilgrim's Pride Reports First Quarter 2023 Results with $4.2 Billion in Net Sales and Operating Income of $31.3 Million
26 Apr 23
Grabar Law Office Investigates Claims on Behalf of Shareholders of Pilgrim's Pride Corporation (PPC)
17 Apr 23
Pilgrim's Pride Corporation to Host First Quarter Earnings Call on April 27, 2023
6 Apr 23
Grabar Law Office Investigates Claims on Behalf of Shareholders of Pilgrim's Pride Corporation (PPC)
5 Apr 23