What Happened?
Shares of chicken producer Pilgrim’s Pride (NASDAQ: PPC) fell 14.8% in the afternoon session after the company reported weak first quarter 2025 results which included an EBITDA miss and gross margin falling short of Wall Street's estimates. Sales and earnings also missed analysts' estimates. Overall, this was a weaker quarter.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Pilgrim's Pride? Access our full analysis report here, it’s free.
What The Market Is Telling Us
Pilgrim's Pride’s shares are not very volatile and have only had 3 moves greater than 5% over the last year. Moves this big are rare for Pilgrim's Pride and indicate this news significantly impacted the market’s perception of the business.
Pilgrim's Pride is down 1.2% since the beginning of the year, and at $46.66 per share, it is trading 17.1% below its 52-week high of $56.26 from March 2025. Investors who bought $1,000 worth of Pilgrim's Pride’s shares 5 years ago would now be looking at an investment worth $2,255.
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