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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 | 3.99 | 7.90882061447 | 50.45 | 54.44 | 49.9191 | 1233112 | 52.69804981 | CS |
4 | 4.03 | 7.99444554652 | 50.41 | 56.73 | 46.52 | 1848754 | 51.3824348 | CS |
12 | 7.75 | 16.5988434354 | 46.69 | 57.16 | 45.08 | 1479565 | 51.38161541 | CS |
26 | 9.03 | 19.885487778 | 45.41 | 57.16 | 43.4 | 1221470 | 50.16659211 | CS |
52 | 18.73 | 52.4502940353 | 35.71 | 57.16 | 33.67 | 1116054 | 46.21614325 | CS |
156 | 27.02 | 98.541210795 | 27.42 | 57.16 | 19.96 | 908306 | 34.38548131 | CS |
260 | 34.56 | 173.84305835 | 19.88 | 57.16 | 14.06 | 868661 | 29.63911638 | CS |
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