Pilgrims Pride Corp
Latest Pilgrims Pride Corp News and Updates
Analyzing the Expectations for Cal-Maine Foods in Fiscal 3Q16
Cal-Maine Foods will report its fiscal 3Q16 results on March 28. Cal-Maine’s stock has gained 2% since its last quarter earnings release on December 23, 2015.
Hormel’s Specialty Food Segment Performed Well in 3Q15
Hormel Foods Corporation, based in Austin, Minnesota, is a multinational manufacturer and marketer of consumer-branded food and meat products.
Looking at Cal-Maine Foods’ Variable Dividend Policy
Cal-Maine Foods has a dividend yield of 4.4% as of March 29, 2016. Management raised the dividend at an average annual rate of 15.3% over five years.
What Contributed to Hormel Foods’ 3Q15 Segment Performance?
Refrigerated Foods constituted 48% of Hormel Food’s net sales and 41% of its total segment operating profit in 3Q15.
Could Wheat Prices Rise Due to Weak Export Demand?
Weak export and domestic demand sentiment among high supply and availability might keep the pressure on wheat prices.
Volatility: Risks and Rewards Go Hand in Hand
The Sharpe ratio is calculated using standard deviation as its volatility measure.
Why CLSA Upgraded Tyson Foods to a ‘Buy’
On October 10, 2016, CLSA upgraded Tyson Foods’s rating to a “buy” from “neutral” and also set the stock’s price target at $86.00 per share.
Cal-Maine Foods: Revenue and Income Rose in Fiscal 2Q16
On December 23, 2015, Cal-Maine Foods (CALM) reported its fiscal 2Q16 earnings for the quarter ended November 28, 2015. After the report, CALM stock rose by 1.7% to close at $49.59 per share on December 23.
Evaluating Kraft Heinz’s Core Business Strategies
Kraft Heinz is focusing on core business practices, including ZBB (zero-based budgeting), revenue management, and MBO (management by objectives).
How Did Tyson Foods Perform in Fiscal 4Q16?
Tyson Foods (TSN) has a market cap of $21.0 billion. It fell 14.5% to close at $57.60 per share on November 21, 2016.
BMO Capital Increases Tyson Foods’ Price Target to $77 per Share
Tyson Foods (TSN) has a market cap of $27.6 billion. It rose by 0.54% to close at $74.47 per share on August 9, 2016.
An Investor’s Guide to Chipotle and Its Customers
Chipotle Mexican Grill (CMG) operates more than 1,700 fast-casual restaurants. Here’s everything you need to know about the business.
What Could Hamper Tyson Foods’ Revenue in 3Q16?
Tyson Foods is expected to report lower revenue in 3Q16. The export markets will likely be challenged moderately in 2016. This could hamper its revenue.
Protein Prices Drag Down April’s Food Price Index
Trends in protein prices affect the financial results for Tyson Foods, which produces about one in five pounds of chicken, beef, and pork in the United States.
Cal-Maine Foods’ Revenue and Income Improved in Fiscal 1Q16
Cal-Maine has a market cap of $2.3 billion. It reported net sales of $609.9 million for fiscal 1Q16 compared to net sales of $356.9 million for fiscal 1Q15.
Tyson, Other Meat Producers Hit with Price-Fixing Allegations
Yesterday, Tyson Foods (TSN) and fellow meat producers Pilgrim’s Pride (PPC) and Sanderson Farms (SAFM) took a hit to their stocks after news came out about an investigation over price-fixing allegations.
Why Hormel Foods Stock Has Surged 18.6% in 2018
Hormel Foods (HRL) has delivered year-to-date stock gains of 18.6% as of December 17.
A Look at Hormel Foods’ Year-to-Date Stock Returns
Hormel Foods (HRL) has delivered year-to-date stock returns of ~9.0% as of September 19.
What Are Analysts Recommending for Hormel Foods Stock?
Most analysts who are providing recommendations on Hormel Foods (HRL) have maintained “hold” ratings on the stock.
Assessing Hormel Foods from a Valuation Perspective
On April 6, 2018, Hormel Foods (HRL) was trading at a 12-month forward PE (price-to-earnings ratio) of 18.6x.
Why Hormel Foods’ Stock Price Has Fallen 4% in 2018
Hormel Foods (HRL) has seen its stock price fall 4% on a YTD (year-to-date) basis as of April 6, 2018.
What Analysts Recommend for Tyson Foods
Of the 18 analysts covering Tyson Foods, 67.0% recommend a “buy” on its stock.
China’s Tariff Increase Weighs on Tyson Foods Stock
Tyson Foods (TSN) stock fell 6.3% on Monday, April 2, 2018, as China imposed higher import tariffs on 128 US commodities including frozen pork.
Why Stocks of Meat Producers Are Declining despite Strong Demand
Demand for protein-rich food in the domestic market and increased exports have led meat producers Tyson Foods (TSN), Sanderson Farms (SAFM), and Pilgrim’s Pride (PPC) to report stellar sales growth in 2017.
How Tyson Foods Compares with Its Peers in Valuation
As of December 22, 2017, Tyson Foods (TSN) stock was trading at a 12-month forward PE (price-to-earnings) multiple of 13.9x, which could seem attractive to investors.
Could TSN Stock Gain Momentum from Its Fiscal 3Q17 Results?
Tyson Foods (TSN) stock took a beating following its sluggish fiscal 2Q17 results. TSN plans to report its fiscal 3Q17 sales and earnings results on August 7.
Barclays Rates Fortune Brands Home & Security ‘Equal-Weight’
Fortune Brands Home & Security rose 1.5% to close at $54.78 per share on January 6. Its weekly, monthly, and YTD movements were 1.4%, -0.67%, and 2.5%.
Understanding Cal-Maine Foods’ Performance in Fiscal 2Q17
Cal-Maine Foods (CALM) has a market cap of $1.9 billion. It fell 1.6% to close at $42.00 per share on December 22, 2016.
Tyson Foods Forms a New Venture Capital Fund to Focus on Growth
In fiscal 2016, Tyson Foods (TSN) reported sales of $36.9 billion, a fall of 10.9% year-over-year.
KeyBanc Capital Markets Rated Hormel Foods as ‘Sector Weight’
Hormel Foods (HRL) declared a quarterly dividend of $0.17 per share on its common stock. The dividend will be paid on February 15, 2017, to shareholders of record at the close of business on January 17, 2017.
Goldman Sachs Rated Cal-Maine Foods as ‘Neutral’
Cal-Maine Foods (CALM) reported fiscal 1Q17 net sales of $239.8 million, a fall of 60.7% compared to its net sales of $609.9 million in fiscal 1Q16.
Cal-Maine Foods Completed Its Acquisition of Foodonics International
Cal-Maine Foods (CALM) fell 4.4% to close at $36.50 per share during the first week of November 2016.
Why Did Tyson Foods Rise on October 11?
Tyson Foods (TSN) has a market cap of $28.8 billion. It rose by 1.3% to close at $71.38 per share on October 11, 2016.
Why Did Tyson Foods Settle for $1.6 Million?
Tyson Foods (TSN) declared a quarterly dividend of $0.15 per share on its Class A common stock and $0.14 per share on its Class B common stock.
Tyson Fresh Meats Announces Its Plans for Expansion
Price movement Tyson Foods (TSN) has a market cap of $27.5 billion. It fell 1.6% to close at $74.83 per share on September 29, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -2.5%, -0.80%, and 41.2%, respectively, on the same day. TSN is trading 0.10% below its 20-day moving average, 0.70% […]
Why Did Tyson Foods Recall Its Chicken Nuggets?
Tyson Foods (TSN) has a market cap of $27.8 billion. It fell 0.21% to close at $75.72 per share on September 27, 2016.
Tyson Foods Reaffirms Its 2016 Projections
Tyson Foods (TSN) has a market cap of $27.1 billion. It fell by 0.77% to close at $74.70 per share on September 8, 2016.
Analyzing Hormel Foods’ Valuation after 3Q16
Hormel is trading at a PE ratio of 22.9x as of August 22. Analysts expect its adjusted EPS to rise by 23% and its revenue to increase by 2% in fiscal 2016.
Did Hormel Foods’ Stock Benefit from Its Fiscal 3Q16 Results?
Hormel rose another 7% on August 22 and closed at $39.51. Hormel has risen 11% since the company’s last earnings report on May 18.
Wall Street Analysts’ Recommendations for Sanderson Farms
Stephens gave Sanderson Farm the highest target price of $108, respectively. This represents a 16% rise from the closing price of $93.17 on August 18.
What Impacted Sanderson Farms’ Results Last Quarter?
Sanderson Farms (SAFM) delivered a drop in YoY (year-over-year) net sales in the second quarter as well. Net sales fell 3% to $692 million.
Why Has Sanderson Farms’ Stock Gained in 2016?
Sanderson Farms will release its fiscal 3Q16 earnings on August 25 after the Market opens. So far, it showed tremendous growth in its stock price in 2016.
Why Was Tyson Foods Fined?
Tyson Foods (TSN) has a market cap of $27.0 billion. It fell by 1.1% to close at $74.25 per share on August 16, 2016.
How Is Tyson Foods Improving Its Chicken Operating Margin?
In fiscal 3Q16, Tyson Foods’ Chicken segment reported an operating margin of 13.9% with an improved product mix.
Why Did Tyson Foods Fire Some of Its Workers?
Tyson Foods (TSN) has a market cap of $27.6 billion. It fell by 0.09% to close at $74.57 per share on August 11, 2016.
A Look at Tyson Foods’ Performance in Fiscal 3Q16
Tyson Foods (TSN) has a market cap of $27.4 billion. Its stock rose by 0.58% to close at $74.07 per share on August 8, 2016.
Kraft Heinz in Fiscal 2Q16: How Did Its Segments Perform?
Kraft Heinz operates through its four geographic segments—the US, Canada, Europe, and the Rest of World. The US segment’s net sales were $4.69 billion.
What Analysts Recommend for Pilgrim’s Pride after 2Q16 Results
As of July 28, 2016, Pilgrim’s Pride (PPC) was trading at $23.74. In this part of the series, we’ll see what analysts recommend for the company after its 2Q16 earnings release.
How Has Pilgrim’s Pride Made Room for Strategic Investments?
Consistent with its strategy to improve capital structure and generate shareholder value, Pilgrim’s Pride (PPC) paid $700 million, or $2.75 per share, in special dividends.
Pilgrim’s Pride in 2Q16: How Much Did Earnings Decline?
Pilgrim’s Pride’s earnings were hit hard again in the second quarter. They fell far below analysts’ expectations, missing estimates by 11%.
Why Pilgrim’s Pride Continued Its Downward Revenue Trend in 2Q16
On July 27, 2016, Pilgrim’s Pride (PPC) reported its financial results for 2Q16, which ended June 26, 2016. It generated revenue of $2.03 billion, a small decline of 1% compared to $2.05 billion in 2Q15.
What Benefited Cal-Maine’s Strong Revenue Growth in Fiscal 2016?
Cal-Maine Foods started fiscal 2016 with higher sales. Higher average selling prices for eggs and a modest rise in volume contributed to the revenue growth.
What Are Wall Street Analysts Recommending for Cal-Maine Foods?
On June 16, BB&T Capital Markets upgraded Cal-Maine to “hold” from “underweight.” It doesn’t have a target price for the stock.
What Are Cal-Maine Foods’ Key Strengths?
Cal-Maine provides tasty, affordable, and convenient sources of protein to consumers. Cal-Maine enhances its product mix to meet customers’ needs.
Cal-Maine Plans to Increase Its Value-Added Specialty Egg Business
Cal-Maine Foods (CALM) plans to grow its specialty egg business by meeting consumer demand in the rapidly growing segment.
How Does Cal-Maine Plan to Benefit from Its Growth Strategy?
Cal-Maine is known for identifying and completing strategic acquisitions. Identifying and pursuing acquisition opportunities is part of its growth strategy.
Why Did Cal-Maine Shares Fall 23% in the Last 3 Months?
Cal-Maine Foods (CALM) saw declining growth in its shares in the last three months. The company’s shares are trading close to its 52-week low.
Tyson Foods Has Appointed Tom Hayes as President
Tyson Foods (TSN) has a market cap of $22.5 billion. It fell by 1.1% to close at $59.93 per share on June 13, 2016.
BB&T Capital Markets Upgrades Cal-Maine Foods to ‘Hold’
Cal-Maine Foods (CALM) has a market cap of $2.1 billion. It rose by 2.7% to close at $41.19 per share on June 16, 2016.
What Does Tyson Foods’ Current Valuation Tell Us?
After downgrading Tyson Foods (TSN) stock to “market perform” from “outperform,” BMO Capital Markets acknowledged some hesitancy regarding its downgrade.
BMO Capital Downgrades Tyson Foods to ‘Market Perform’
Tyson Foods (TSN) has a market cap of $22.6 billion. It fell by 3.7% to close at $60.88 per share on June 6, 2016.
Tyson Foods’ Updated Guidance for Fiscal 2016
Tyson Foods expects to increase share repurchases under its share repurchase program. The company has repurchased ~3.0 million shares for $200 million so far in fiscal 3Q16.
How Does Tyson Foods Plan to Drive Future Growth?
Tyson Foods increased its Chicken segment’s normalized margin range to 9%–11%. This reflects the impact of the sustainable fundamental business improvements in the Chicken segment.
What Impacted Meat Producers’ Revenue in the Recent Quarter?
Pilgrim’s Pride’s revenue fell 7%. Its US operations were the source of nearly 84% of the company’s total revenue. It represented a YoY fall of 11.7%.
Sanderson Farms Revenue Beat Estimates: Why a 9.2% Fall in Sales?
Sanderson Farms (SAFM) delivered a decline in YoY net sales yet again in fiscal 1Q16. Net sales were $605.2 million, a fall of 9.2% compared to fiscal 1Q15.
Tyson Foods Fell Due to Live Cattle Futures Contracts
Tyson Foods lost $70 million in the fourth quarter of 2015 due to high volatility in live futures contracts. Live futures fell 9% to a two-year low in the second half of 2015 with high-frequency traders.
Three Black Crow Pattern in Wheat Prices
March wheat futures were below the key support of $4.70 per bushel on December 23, 2015. The sharp downward price movements continued.
Wheat’s Sharp Downward Movement Continued for the Second Day
Wheat futures contracts for March delivery were trading near the crucial support of $4.70 per bushel on December 22, 2015.
Cal-Maine Delivered Positive Earnings Growth in Fiscal 2Q16
Cal-Maine showed a high positive YoY growth of 49% in fiscal 2Q16. Net earnings for fiscal 2Q16 were $109 million, up from $36 million in fiscal 2Q15.
Wheat Prices Trade above 20-Day Moving Average
Wheat futures contracts for March expiry were trading above the key support level of 485 cents per bushel on December 18, 2015.
Wheat Prices Continue to Sharpen Due to Downward Movement
March wheat futures contracts were trading near the key support level of $4.85 per bushel on December 17. The downward price movement sharpened.
Acquisitions and Update on the Joint Venture with Rose Acre Farms
Cal-Maine Foods has a track record of completing many acquisitions in past years. In fiscal 4Q15, It entered into a joint venture with Rose Acre Farms.
Wheat Prices Could Test the Key Resistance
December wheat prices were trading above the key support level of $4.85 per bushel on December 14. The firm resistance could restrict the price movement.
Wheat Prices Breached the Key Resistance Level
December wheat futures prices were above the key resistance level of $4.75 per bushel on December 9, 2015. Wheat prices rose the sharpest in the last four days.
Wheat Prices Traded below the Key Moving Averages
December wheat futures prices were trading above the crucial support level of $4.70 per bushel on December 7. The prices were below the key moving averages.
Hormel Foods’ Earnings Beat Consensus Estimates in Fiscal 4Q15
Hormel Foods (HRL) reported fiscal 4Q15 non-GAAP (generally accepted accounting principles) net earnings of $187, an increase of 9%.
Will Speculation of Poor Ukrainian Output Support Wheat Prices?
Wheat futures contract prices for December delivery were trading near 490 cents per bushel on November 20, 2015.
Could Falling Global Output Cues Support US Wheat?
Wheat futures contracts for December expiry were in the range of 480–490 cents per bushel on November 19, 2015.
Is There a Correction or a Shift in Wheat Prices?
The December CBOT (Chicago Board of Trade) wheat futures prices traded near the important support level of $5.15 per bushel on November 3, 2015.
Pilgrim’s Pride Makes Efforts to Save Costs and Expand Margins
Pilgrim’s Pride (PPC) has been making efforts to expand its margins by reducing operational costs. It anticipates an operational improvement of $200 million through this strategy.
How Sanderson Farms’ Stock Reacted to Its 3Q14 Results
Sanderson Farms’ stock nearly touched $100 in 2014 amid strong chicken prices and lower feed costs. However, shares have fallen toward the mid-60s this fiscal year.
Tiger Global reduces position in Hertz Global Holdings
Hertz Global Holdings owes in excess of $700,000 in unpaid taxes as well as interest and penalties.
Agencies Regulating Tyson Foods And Protecting Public Health
Agencies regulating Tyson Foods include the United States Department of Agriculture, the Food and Drug Administration, and others.
The Vast Expanse Of The Tyson Foods Product Portfolio
The Tyson Foods product portfolio includes a variety of products such as value-added chicken, beef, and pork, pepperoni, pizza crusts, and much more.
Vertical Integration Keeps Tyson Foods On Top Of Chicken Market
Vertical integration involves a single company owning and controlling all the various stages in the production chain.
Tyson Foods Revenue Segments
Tyson Foods revenue is reported in five segments: Beef, Chicken, Pork, Processed Foods, and International. The Beef segment accounted for 43% of revenues.
Tyson Foods Commands 24% Of The Beef Market
According to Cattle Buyers Weekly, in 2014, four producers controlled 75% of the market share. Tyson Foods controls 24% of the beef market.
Why Pilgrim’s Pride filed for bankruptcy
The primary reason why Pilgrim’s Pride filed for Chapter 11 bankruptcy was the burden of total debts in the amount of $1.9 billion.
Pilgrim’s Pride Corporation’s three customer categories
Pilgrim’s customer base is spread across 100 countries, including the US and Mexico, which together contributed ~92% of the company’s revenues as of 2013 year-end.
Why corn and soybeans are important to Pilgrim’s Pride
Corn feed and soybean feed are the primary input costs in chicken production for Pilgrim’s Pride (PPC).
Why vertical integration is beneficial for Pilgrim’s Pride
Pilgrim’s Pride Corporation’s (PPC) poultry production process is vertically integrated, meaning all stages of chicken production are in full control of the company.
An in-depth company overview of Pilgrim’s Pride Corporation
Pilgrim’s Pride has a market cap of $7.2 billion and is a subsidiary of JBS USA Holdings, which owns 75.5% of the company.
