Pilgrims Pride Corp (PPC) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

Pilgrims Pride Corp (PPC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Pilgrims Pride Corp engages in processing, marketing, and distribution fresh, frozen and value-added chicken products to retailers, grocers, distributors and food service operators. It offers chickens as a whole and different cuts. Pilgrims Pride Corp has a market cap of $6.72 billion; its shares were traded at around $27.00 with a P/E ratio of 10.65 and P/S ratio of 0.89.


For the last quarter Pilgrims Pride Corp reported a revenue of $2.7 billion, compared with the revenue of $423.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $10.8 billion, an increase of 35.8% from last year. For the last five years Pilgrims Pride Corp had an average revenue growth rate of 3.5% a year.

The reported diluted earnings per share was $2.79 for the year, an increase of 61.3% from previous year. Over the last five years Pilgrims Pride Corp had an EPS growth rate of 19.4% a year. The Pilgrims Pride Corp had an operating margin of 9.96%, compared with the operating margin of 9% a year before. The 10-year historical median operating margin of Pilgrims Pride Corp is 3.07%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Pilgrims Pride Corp has the cash and cash equivalents of $581.5 million, compared with $120.3 million in the previous year. The long term debt was $2.6 billion, compared with $1 billion in the previous year. The interest coverage to the debt is 10. Pilgrims Pride Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $27.00, Pilgrims Pride Corp is traded at 204.4% premium to its historical median P/S valuation band of $8.87. The P/S ratio of the stock is 0.89, while the historical median P/S ratio is 0.30. The stock gained 31.26% during the past 12 months.

For the complete 20-year historical financial data of PPC, click here.

This article first appeared on GuruFocus.