With 1.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.6 million shares. The 52-week range on PPC shows that it touched its highest point at $55.18 and its lowest point at $29.86 during that stretch. It currently has a 1-year price target of $49.83. With its current market cap of 11.21 billion, PPC has annualized dividend of $0.00 while the current yield stands at 0.00%. Beta for the stock currently stands at 0.46.
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 -0.04%, but this was down by -11.28% over a month. Three-month performance surged to 2.51% while six-month performance rose 0.17%. The stock gained 41.24% in the past year, while it has gained 17.56% so far this year. A look at the trailing 12-month EPS for PPC yields 5.08 with Next year EPS estimates of 4.47. For the next quarter, that number is 1.60. This implies an EPS growth rate of -2.29% for this year and -15.62% for next year.
Float and Shares Shorts:
At present, 237.38 million PPC shares are outstanding with a float of 41.25 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 $1.65 and the low estimate is $1.41. The average estimate for the next quarter is thus $1.53.
