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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 | 0.455 | 0.840025846949 | 54.165 | 56.38 | 52.4264 | 1220661 | 53.91024763 | CS |
4 | 6 | 12.3406005759 | 48.62 | 57.16 | 47.96 | 1342183 | 52.97922042 | CS |
12 | 4.475 | 8.92412005185 | 50.145 | 57.16 | 43.89 | 1169319 | 49.28176235 | CS |
26 | 9.16 | 20.1495820502 | 45.46 | 57.16 | 40.09 | 1274515 | 47.40237033 | CS |
52 | 22.55 | 70.3149360773 | 32.07 | 57.16 | 31.77 | 985869 | 44.20354539 | CS |
156 | 32.08 | 142.324755989 | 22.54 | 57.16 | 19.96 | 883716 | 32.56286743 | CS |
260 | 34.38 | 169.861660079 | 20.24 | 57.16 | 14.06 | 854560 | 28.2235456 | CS |
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