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Should Value Investors Buy Pilgrim's Pride (PPC) Stock?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Pilgrim's Pride (PPC - Free Report) . PPC is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 11.34, which compares to its industry's average of 18.94. Over the past 52 weeks, PPC's Forward P/E has been as high as 18.59 and as low as 10.60, with a median of 13.46.
Finally, investors should note that PPC has a P/CF ratio of 10.61. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. PPC's current P/CF looks attractive when compared to its industry's average P/CF of 15.83. Within the past 12 months, PPC's P/CF has been as high as 14.59 and as low as 4.37, with a median of 9.71.
These are only a few of the key metrics included in Pilgrim's Pride's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, PPC looks like an impressive value stock at the moment.
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Should Value Investors Buy Pilgrim's Pride (PPC) Stock?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Pilgrim's Pride (PPC - Free Report) . PPC is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with a P/E ratio of 11.34, which compares to its industry's average of 18.94. Over the past 52 weeks, PPC's Forward P/E has been as high as 18.59 and as low as 10.60, with a median of 13.46.
Finally, investors should note that PPC has a P/CF ratio of 10.61. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. PPC's current P/CF looks attractive when compared to its industry's average P/CF of 15.83. Within the past 12 months, PPC's P/CF has been as high as 14.59 and as low as 4.37, with a median of 9.71.
These are only a few of the key metrics included in Pilgrim's Pride's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, PPC looks like an impressive value stock at the moment.