Latest news with #Pilgrim'sPride
Yahoo
13-08-2025
- Business
- Yahoo
Pilgrim's Pride Leans Into E-Commerce: Can It Win the Digital Shelf?
Pilgrim's Pride Corporation (PPC) has ramped up its focus on e-commerce, with digitally enabled sales rising more than 26% year over year in the second quarter of 2025. The company is expanding its presence and optimizing its media investments across a range of digital channels, including leading retailers, food service providers and various other online platforms. A major contributor to this momentum is the strength of its flagship brands, Just Bare and Pilgrim's. Just Bare recently captured more than 10% market share in fully cooked chicken, propelled by incremental distribution and category-leading velocity. By prioritizing these digital levers, Pilgrim's Pride is aligning with modern consumer buying habits and positioning itself to capitalize on the growing shift toward online grocery and foodservice orders. Pilgrim's focus on leveraging brand strength and digital marketing to drive sales highlights a modern approach to growing its business beyond traditional channels. The company is actively working with leading retailers and food service providers to ensure its products are not only available but also highly visible to online shoppers. With the broader online grocery market still expanding, especially in the fresh and prepared food categories, the company's efforts could pay dividends as more consumers shift protein purchases to online channels. Pilgrim's Pride's Zacks Rank & Share Price Performance Shares of this Zacks Rank #3 (Hold) company have gained 10.6% in the past month compared with the industry's 2.9% growth. PPC outperformed the broader Consumer Staples sector and the S&P 500 index's growth of 0.4% and 3.3%, respectively, during the same period. PPC Stock's Past Month Performance Image Source: Zacks Investment Research Is PPC a Value Play Stock? Pilgrim's Pride currently trades at a forward 12-month P/E ratio of 10.08, which is down from the industry average of 12.53 and notably below the sector average of 17.22. This valuation positions the stock at a modest discount relative to both its direct peers and the broader consumer staples sector. PPC P/E Ratio (Forward 12 Months) Image Source: Zacks Investment Research Stocks to Consider Post Holdings, Inc. (POST) operates as a consumer-packaged goods holding company in the United States and internationally. It currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The consensus estimate for Post Holdings' current fiscal-year sales and earnings indicates growth of 2.8% and 10.9%, respectively, from the prior-year levels. POST delivered a trailing four-quarter earnings surprise of 21.4%, on average. The Chefs' Warehouse, Inc. (CHEF) distributes specialty food and center-of-the-plate products in the United States, the Middle East and Canada. It currently carries a Zacks Rank #2 (Buy). CHEF delivered a trailing four-quarter earnings surprise of 11.3%, on average. The Zacks Consensus Estimate for The Chefs' Warehouse's current fiscal-year sales and earnings indicates growth of 6.4% and 19.1%, respectively, from the prior-year levels. Ingredion Incorporated (INGR) manufactures and sells sweeteners, starches, nutrition ingredients and biomaterial solutions derived from wet milling and processing corn and other starch-based materials to a range of industries worldwide. It holds a Zacks Rank of 2 at present. INGR delivered a trailing four-quarter earnings surprise of 11.1%, on average. The Zacks Consensus Estimate for Ingredion's current fiscal-year earnings implies growth of 6.7% from the year-ago number. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pilgrim's Pride Corporation (PPC) : Free Stock Analysis Report Ingredion Incorporated (INGR) : Free Stock Analysis Report The Chefs' Warehouse, Inc. (CHEF) : Free Stock Analysis Report Post Holdings, Inc. (POST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
13-06-2025
- Business
- Yahoo
We Think Pilgrim's Pride (NASDAQ:PPC) Might Have The DNA Of A Multi-Bagger
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, the ROCE of Pilgrim's Pride (NASDAQ:PPC) looks great, so lets see what the trend can tell us. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Pilgrim's Pride is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.27 = US$1.9b ÷ (US$11b - US$4.0b) (Based on the trailing twelve months to March 2025). Therefore, Pilgrim's Pride has an ROCE of 27%. That's a fantastic return and not only that, it outpaces the average of 10% earned by companies in a similar industry. View our latest analysis for Pilgrim's Pride In the above chart we have measured Pilgrim's Pride's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for Pilgrim's Pride . Pilgrim's Pride is displaying some positive trends. The data shows that returns on capital have increased substantially over the last five years to 27%. Basically the business is earning more per dollar of capital invested and in addition to that, 22% more capital is being employed now too. So we're very much inspired by what we're seeing at Pilgrim's Pride thanks to its ability to profitably reinvest capital. On a side note, we noticed that the improvement in ROCE appears to be partly fueled by an increase in current liabilities. Effectively this means that suppliers or short-term creditors are now funding 36% of the business, which is more than it was five years ago. It's worth keeping an eye on this because as the percentage of current liabilities to total assets increases, some aspects of risk also increase. To sum it up, Pilgrim's Pride has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Since the stock has returned a staggering 184% to shareholders over the last five years, it looks like investors are recognizing these changes. In light of that, we think it's worth looking further into this stock because if Pilgrim's Pride can keep these trends up, it could have a bright future ahead. Since virtually every company faces some risks, it's worth knowing what they are, and we've spotted 2 warning signs for Pilgrim's Pride (of which 1 is concerning!) that you should know about. Pilgrim's Pride is not the only stock earning high returns. If you'd like to see more, check out our free list of companies earning high returns on equity with solid fundamentals. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
CNBC
13-06-2025
- Business
- CNBC
Shares of Brazilian meat giant JBS open at $13.65 in U.S. public market debut
Shares of Brazilian meat giant JBS made their U.S. public market debut on Friday, opening at $13.65 a share. The company is now trading on the New York Stock Exchange under the ticker "JBS," a day later than initially expected. JBS said it couldn't conclude certain operational procedures in time to debut on Thursday. Its stock was delisted from the Sao Paolo Exchange in Brazil a week ago as part of the plan. Since its founding more than seven decades ago, JBS has grown to become the world's largest meatpacking company. Last year, the company reported net revenue of $77.2 billion and net income of $2 billion, according to regulatory filings. JBS operates a sprawling business worldwide, with significant divisions in Brazil, the U.S. and Australia. The company also owns more than 80% of Pilgrim's Pride, the U.S. poultry giant. JBS's U.S. listing is more than 15 years in the making. The company's U.S. subsidiary first announced plans to go public in 2009, but the move never came to fruition after two postponements. Then, in late 2016, the company said it would have a U.S. initial public offering as part of a broader reorganization strategy. But months later, the Brazilian government began investigating corruption in the meatpacking company — including among JBS and its top executives. J&F Investimentos, the holding company that owns a controlling stake in JBS, paid a $3.2 billion fine in 2017 to settle bribery charges. Former chair Joesley Batista and his older brother CEO Wesley Batista, the company's top shareholders and the sons of its founder, managed to avoid prison sentences by cooperating with prosecutors. The Batistas and J&F settled with the U.S. Securities and Exchange Commission in 2020 for roughly $27 million. The Batistas exited J&F in the wake of the scandal. However, they returned to the company's board last year after being acquitted of insider trading charges. More recently, in October, the Brazilian government fined JBS for buying cattle that were allegedly illegally raised in protected land in the Amazon. The company's history of corruption and bribery allegations led to opposition to its U.S. listing from lawmakers on the both sides of the aisle, making it look unlikely that regulators would grant their approval. After President Donald Trump's reelection, JBS's subsidiary Pilgrim's Pride donated $5 million to his inaugration committee, making it the single largest donor. In a statement to CNBC at the time, the company said it had a "long bipartisan history participating in the civic process" and looked forward to working with the new administration. The SEC approved JBS's request to list on the New York Stock Exchange in April. JBS shareholders approved the move by a narrow margin the following month.
Yahoo
04-06-2025
- Business
- Yahoo
Elizabeth Warren Says Trump 'Approved' The Largest Meat Company In World To Be Listed On NYSE Ignoring Corruption And Bribery History, Demands Answers
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sen. Elizabeth Warren (D-Mass.) is once again calling out corruption in the Trump Administration, following a questionable decision made by the U.S. Securities and Exchange Commission. What Happened: On Monday, Warren shared a video on X questioning the SEC's recent approval of Brazilian meat processing company JBS SA's (OTC:JBSAY) listing on the New York Stock Exchange, despite its history of corruption, price fixing, and safety violations. 'JBS and its subsidiaries have been fined hundreds of millions of dollars for bribery, for price fixing, for safety violations, you name it,' Warren said. Trending: Start investing with eToro's CopyTrader — . She then highlighted the company's connection with the Trump administration, bringing attention to the fact that JBS' subsidiary, Pilgrim's Pride, contributed $5 million to President Donald Trump's inauguration fund, the single-largest donation. 'And can you guess which company made the single largest donation to Trump's inauguration? Pilgrim's Pride, which is owned by JBS,' while noting that the figure was higher than the contributions made by Apple Inc. (NASDAQ:AAPL), Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META), and Alphabet Inc. (NASDAQ:GOOG) combined. 'After a decade of trying and failing to get the green light to go public, suddenly Trump's SEC gives them the go-ahead,' she says. 'That sounds pretty fishy to me.' Warren said she has sent a letter to the CEOs of JBS and Pilgrim's Pride demanding answers. 'We've got to fight back against shady corporate deals and stand up for the Americans who actually play by the rules,' she SA did not immediately respond to Benzinga's request for comments. Why It Matters: JBS SA's owner, Joesley Batista, is known to have recorded a conversation with former Brazilian President Michel Temer where the latter is seen encouraging the continuous bribery of a jailed politician. The recording was presented to prosecutors as part of a plea bargain. Temer replaced President Dilma Rousseff as the leader of Brazil. Rousseff was impeached for criminal administrative misconduct. JBS shareholders approved the company's proposal for a dual listing during its Extraordinary General Meeting held two weeks ago. Its shares are expected to begin trading in Brazil's São Paulo Stock Exchange (B3), as well as the New York Stock Exchange, on June 9 and 12, respectively, according to a press release. Warren has been a vocal critic of the Trump administration's business dealings in recent weeks, having called for a probe into billionaire Elon Musk's Starlink receiving favorable operating permits while leveraging Trump's tariffs and trade talks with nations across the globe. Read Next: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Photo: Shutterstock/Sheila Fitzgerald This article Elizabeth Warren Says Trump 'Approved' The Largest Meat Company In World To Be Listed On NYSE Ignoring Corruption And Bribery History, Demands Answers originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-06-2025
- Business
- Yahoo
Elizabeth Warren Says Trump 'Approved' The Largest Meat Company In World To Be Listed On NYSE Ignoring Corruption And Bribery History, Demands Answers
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sen. Elizabeth Warren (D-Mass.) is once again calling out corruption in the Trump Administration, following a questionable decision made by the U.S. Securities and Exchange Commission. What Happened: On Monday, Warren shared a video on X questioning the SEC's recent approval of Brazilian meat processing company JBS SA's (OTC:JBSAY) listing on the New York Stock Exchange, despite its history of corruption, price fixing, and safety violations. 'JBS and its subsidiaries have been fined hundreds of millions of dollars for bribery, for price fixing, for safety violations, you name it,' Warren said. Trending: Start investing with eToro's CopyTrader — . She then highlighted the company's connection with the Trump administration, bringing attention to the fact that JBS' subsidiary, Pilgrim's Pride, contributed $5 million to President Donald Trump's inauguration fund, the single-largest donation. 'And can you guess which company made the single largest donation to Trump's inauguration? Pilgrim's Pride, which is owned by JBS,' while noting that the figure was higher than the contributions made by Apple Inc. (NASDAQ:AAPL), Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META), and Alphabet Inc. (NASDAQ:GOOG) combined. 'After a decade of trying and failing to get the green light to go public, suddenly Trump's SEC gives them the go-ahead,' she says. 'That sounds pretty fishy to me.' Warren said she has sent a letter to the CEOs of JBS and Pilgrim's Pride demanding answers. 'We've got to fight back against shady corporate deals and stand up for the Americans who actually play by the rules,' she SA did not immediately respond to Benzinga's request for comments. Why It Matters: JBS SA's owner, Joesley Batista, is known to have recorded a conversation with former Brazilian President Michel Temer where the latter is seen encouraging the continuous bribery of a jailed politician. The recording was presented to prosecutors as part of a plea bargain. Temer replaced President Dilma Rousseff as the leader of Brazil. Rousseff was impeached for criminal administrative misconduct. JBS shareholders approved the company's proposal for a dual listing during its Extraordinary General Meeting held two weeks ago. Its shares are expected to begin trading in Brazil's São Paulo Stock Exchange (B3), as well as the New York Stock Exchange, on June 9 and 12, respectively, according to a press release. Warren has been a vocal critic of the Trump administration's business dealings in recent weeks, having called for a probe into billionaire Elon Musk's Starlink receiving favorable operating permits while leveraging Trump's tariffs and trade talks with nations across the globe. Read Next: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Photo: Shutterstock/Sheila Fitzgerald This article Elizabeth Warren Says Trump 'Approved' The Largest Meat Company In World To Be Listed On NYSE Ignoring Corruption And Bribery History, Demands Answers originally appeared on Sign in to access your portfolio
