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Pilgrim's Pride Corp (PPC)
Common SharesOpen
$39.70
Previous close
$39.78
Trade high
$39.77
Volume
411,280
Year high
$57.16
Year low
$35.7273
Dividend yield
–
Market capitalisation
$9.42 bn
P/E ratio
7.71
ISIN
US72147K1088
This share can be held in a Dealing accountStocks and shares ISALifetime ISAJISASIPP
Share price
Company profile
Pilgrim's Pride is the second-largest poultry producer in the US (59% of 2024 sales), the UK (29% including other European sales), and Mexico (12%). Its UK and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. Most of its US and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its UK and European sales. JBS owns more than 80% of Pilgrim's Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed that JBS' offer undervalued Pilgrim's Pride.
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