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Best Growth Stocks to Buy for August 21st
ZACKS· 2024-08-21 19:40
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 21:Sterling Infrastructure, Inc. (STRL) : This infrastructure services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.Sterling Infrastructure has a PEG ratio of 1.34 compared with 1.75 for the industry. The company possesses a Growth Score of B.Pilgrim's Pride (PPC) : This meat processing company ca ...
Pilgrim's Pride (PPC) Thrives on Operational & Foodservice Growth
ZACKS· 2024-08-15 22:06
Pilgrim's Pride Corporation‘s (PPC) portfolio diversification strategies, including its focus on branded offerings and strategic key customer partnerships, play a crucial role in driving growth. The company is capitalizing on momentum in the foodservice sector and is benefiting from significant investments in expansion and operational efficiencies.Let’s delve deeper.Growth Factors in PlacePPC’s portfolio diversification strategies, including its focus on branded offerings and strategic key customer partners ...
Pilgrim's Pride (PPC) Is Up 7.72% in One Week: What You Should Know
ZACKS· 2024-08-14 01:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Here's Why Pilgrim's Pride (PPC) is a Strong Momentum Stock
ZACKS· 2024-08-08 22:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Z ...
Buy 3 Top Momentum Stocks for Turnover Tuesday: PPC, CSV, VEL
ZACKS· 2024-08-08 03:46
Turnover Tuesday is a spectacle where investors are apprehensive about stock market returns on a Thursday, start hedging on a Friday, and get involved in outright selling on a Monday, per Brent Donnelly of Spectra Markets. He added that markets tend to bounce back on the following Tuesday. That’s exactly what happened recently, with Wall Street witnessing a three-day rout, only to recover losses on Monday as investors’ concerns about an economic slump were paused. Despite cooling, the labor market remains h ...
Pilgrim's Pride Corporation (PPC) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-08-07 22:16
Have you been paying attention to shares of Pilgrim's Pride (PPC) ? Shares have been on the move with the stock up 15.2% over the past month. The stock hit a new 52-week high of $45.48 in the previous session. Pilgrim's Pride has gained 58% since the start of the year compared to the 4.6% move for the Zacks Consumer Staples sector and the 14.1% return for the Zacks Food - Meat Products industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't ...
Why Pilgrim's Pride (PPC) is a Top Value Stock for the Long-Term
ZACKS· 2024-08-06 22:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scor ...
Pilgrim's(PPC) - 2024 Q2 - Earnings Call Presentation
2024-08-02 02:38
财务数据 - 2024年第二季度,Pilgrim's Pride公司净收入为4559.3百万美元,同比增长5.8%[6] - 美国业务的营业利润从100.3百万美元增长至440.8百万美元,净利润从60.9百万美元增长至326.5百万美元[6] - 调整后的EBITDA为655.9百万美元,同比增长163.5%[6] - 美国、欧洲和墨西哥的调整后营业利润分别为379.2百万美元、60.7百万美元和108.8百万美元[6] - 2024年6月季度,PILGRIM'S PRIDE CORPORATION的净利润为326,523千美元,较去年同期的60,908千美元大幅增长[49] - PILGRIM'S PRIDE CORPORATION的调整后EBITDA为655,939千美元,较去年同期的248,725千美元大幅增长[50] - 2024年6月季度,PILGRIM'S PRIDE CORPORATION的EBITDA利润率为14.39%,较去年同期的5.77%有显著提高[58] - PILGRIM'S PRIDE CORPORATION的净销售额在2024年上半年达到8,921,248千美元,较去年同期的8,473,719千美元有所增长[59] - 美国净收入为199,076美元,欧洲为41,511美元,墨西哥为85,936美元,总计为326,523美元[1] - 利息支出净额为24,946美元,欧洲为2,556美元,墨西哥为7,052美元,总计为15,338美元[1] - 所得税费用为82,117美元,欧洲为14,212美元,墨西哥为32,745美元,总计为100,650美元[1] - 折旧和摊销为67,200美元,欧洲为34,865美元,墨西哥为5,883美元,总计为107,948美元[1] - EBITDA为373,339美元,欧洲为59,608美元,墨西哥为117,512美元,总计为550,459美元[1] - 调整后的Pilgrim's Pride公司净收入为397,965美元,每股摊薄收益为1.67美元[87] - 调整后的每股收益为1.67美元,较上年同期增长了1.23美元[91] - 美国、欧洲和墨西哥分别为公司贡献了总净销售额4559.31万美元[94] - 美国、欧洲和墨西哥分别为公司贡献了总销售成本3867.69万美元[94] - 美国、欧洲和墨西哥分别为公司贡献了总毛利691.63万美元[94] - 美国、欧洲和墨西哥分别为公司贡献了总运营利润440.79万美元[94] 产品和市场 - 2024年第二季度,小鸟去骨部门的头数减少,占比在21.2%至26.9%之间[26] - 总存储量在第二季度结束时较去年同期减少12.6%,胸肉存储量减少11.9%,翅膀存储量下降27.0%[30] - Jumbo Cutout价格在2024年第二季度超过去年同期和5年平均水平[31] - 美国玉米库存在2023/24年度预计将超过2亿蒲式耳,南美玉米产量创纪录高位,有望导致全球玉米库存增加[39] - 美国大豆库存在2023/24年度预计将达到435百万蒲式耳,较上一年度增加[40] 财务策略 - 2024财年资本支出为559百万美元,较2023年的105百万美元大幅增长[43] 市场趋势 - 墨西哥业务的调整后运营利润率分别为18.3%,11.0%,13.4%和9.1%[83]
Pilgrim's(PPC) - 2024 Q2 - Earnings Call Transcript
2024-08-02 02:38
财务数据和关键指标变化 - 公司第二季度净收入为46亿美元,同比增长5.8% [8] - 公司调整后EBITDA为6.659亿美元,同比增长164%,EBITDA利润率为14.4%,去年同期为5.8% [47][49] 各条业务线数据和关键指标变化 - 美国业务调整后EBITDA为4.446亿美元,去年同期为1.135亿美元,大幅改善 [50] - 欧洲业务调整后EBITDA为9620万美元,去年同期为6810万美元,继续改善 [52] - 墨西哥业务调整后EBITDA为1.151亿美元,去年同期为6720万美元,大幅改善 [54] 各个市场数据和关键指标变化 - 美国市场需求保持强劲,零售和食品服务渠道均有增长 [21][22][23][24][25][26] - 欧洲市场消费者情绪有所改善,公司品牌业务增长超过7% [35][36] - 墨西哥市场供需基本面良好,公司各业务线均实现增长 [42][43] 公司战略和发展方向及行业竞争 - 公司持续投资,进一步增强竞争优势,为未来增长奠定基础 [9] - 公司正在扩大蛋白质加工业务,提升产品组合和降低风险 [45][46][69] - 公司正在加大创新和品牌投入,提升差异化优势 [34][38][67] - 公司正在评估收购机会,关注鸡肉、差异化加工食品和新地区等三大领域 [66][67] 管理层对经营环境和未来前景的评论 - 原料成本下降,为公司业务带来利好 [14][15][16][17] - 行业产能增长预计温和,公司有信心应对 [18][19][20][110][111] - 公司看好未来需求前景,将继续投资满足客户需求 [65][66] 其他重要信息 - 公司第二季度计提7100万美元的诉讼和解费用 [52] - 公司第二季度进行了1.5亿美元的债务回购,进一步降低杠杆 [57][58][59] - 公司全年资本支出预算从4.75亿美元提高至5.25-5.75亿美元 [60][61] 问答环节重要的提问和回答 问题1 **Benjamin Theurer提问** 询问公司未来的增长机会和资本配置策略 [65][66][67] **Fabio Sandri回答** 公司正关注鸡肉、差异化加工食品和新地区等三大领域的收购机会,同时也会考虑股票回购和股息等方式为股东创造价值 [66][67][68][69] 问题2 **Peter Galbo提问** 询问当前行情与历史周期的对比 [85][86][87][88][89][90] **Fabio Sandri回答** 当前行情与2014年、2017年和2004年等历史周期有一定相似之处,但公司的业务结构和定价模式已发生变化,使得利润更加稳定 [86][87][88][89][90][91] 问题3 **Heather Jones提问** 询问第四季度行业供给预期 [109][110][111][112][113][114][115] **Fabio Sandri回答** 行业通常会在第四季度进行季节性产能调整,但今年受到疫情等因素影响,供给增长可能会温和于历史水平 [110][111][112][113][114]
Pilgrim's Pride (PPC) Q2 Earnings Top Estimates, Sales Up Y/Y
ZACKS· 2024-08-02 01:05
Pilgrim’s Pride Corporation (PPC) reported impressive second-quarter 2024 results, with the top and bottom lines increasing from the year-ago quarter. Also, the company’s earnings surpassed the Zacks Consensus Estimate. The company’s portfolio diversification strategies, operational excellence, branded offerings and key customer partnerships have been driving growth.Q2 in DetailPPC reported adjusted earnings of $1.67 per share, surpassing the Zacks Consensus Estimate of $1.32. Also, the bottom line increase ...