With 1.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.15 million shares. The 52-week range on PPC shows that it touched its highest point at $57.16 and its lowest point at $31.73 during that stretch. It currently has a 1-year price target of $47.50. Beta for the stock currently stands at 0.65.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PPC was down-trending over the past week, with a drop of -1.49%, but this was up by 11.65% over a month. Three-month performance surged to 3.43% while six-month performance rose 14.60%. The stock gained 66.34% in the past year, while it has gained 17.60% so far this year. A look at the trailing 12-month EPS for PPC yields 4.57 with Next year EPS estimates of 4.19. For the next quarter, that number is 1.31. This implies an EPS growth rate of -10.83% for this year and -13.27% for next year.
Float and Shares Shorts:
At present, 237.12 million PPC shares are outstanding with a float of 41.28 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PPC since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.06698 being high and $5.0476 being low. For PPC, this leads to a yearly average estimate of $5.05729. Based on analyst estimates, the high estimate for the next quarter is $1.71 and the low estimate is $1.55. The average estimate for the next quarter is thus $1.62.
Summary of Insider Activity:
Insiders traded PPC stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
