Is Pilgrim's Pride Stock a Buy, Hold or Sell at a P/E Multiple of 9.3X?
PPCPilgrim's(PPC) ZACKS·2024-10-22 23:21

Pilgrim's Pride Corporation (PPC) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 9.32, which is lower than the industry average of 15.96 and the broader Zacks Consumer Staple sector's 17.92. The company is also trading below the S&P 500's P/E ratio of 22.22. This valuation indicates that PPC stock may be undervalued relative to its peers, presenting a compelling investment opportunity for value-focused investors. PPC stock is trading at a discount compared to peers like Hormel F ...