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Pilgrim's Pride is the second-largest poultry producer in the U.S. (62% of 2021 sales), Europe (26%), and Mexico (12%). The 2019 purchase of Tulip, the U.K.'s largest hog producer, marks the firm's entrance into the pork market, which represents about 10% of sales. Pilgrim's sells its protein to cha... Pilgrim's Pride is the second-largest poultry producer in the U.S. (62% of 2021 sales), Europe (26%), and Mexico (12%). The 2019 purchase of Tulip, the U.K.'s largest hog producer, marks the firm's entrance into the pork market, which represents about 10% of sales. Pilgrim's sells its protein to chain restaurants, food processors, and retail chains. Channel exposure is split evenly between retail and food service, with the majority of food-service revenue coming from quick-service restaurants. JBS owns 80% of Pilgrim's outstanding shares; it attempted to purchase the remaining 20% in late 2021, but the board rejected JBS's $26.50 offer as inadequate, and we concur. Show more
Period | Change | Change % | Open | High | Low | Avg. Daily Vol | VWAP | |
---|---|---|---|---|---|---|---|---|
1 | -0.69 | -1.4734144779 | 46.83 | 46.83 | 44.6 | 1259198 | 45.59481597 | CS |
4 | -2.5 | -5.13980263158 | 48.64 | 51.45 | 44.6 | 1146115 | 48.1427153 | CS |
12 | -3.77 | -7.55359647365 | 49.91 | 56.73 | 44.6 | 1309405 | 49.83545477 | CS |
26 | -4.33 | -8.57935407173 | 50.47 | 57.16 | 43.89 | 1331390 | 49.73286646 | CS |
52 | 11.39 | 32.7769784173 | 34.75 | 57.16 | 34.465 | 1206775 | 47.52185023 | CS |
156 | 16.44 | 55.3535353535 | 29.7 | 57.16 | 19.96 | 913120 | 35.7002323 | CS |
260 | 27.33 | 145.295055821 | 18.81 | 57.16 | 14.06 | 861051 | 31.01170317 | CS |
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