Pilgrims Pride Corp (PPC)
Pilgrim's Pride Corporation (PPC) is a leading producer and marketer of fresh, frozen, and value-added chicken and pork products, catering to a diverse customer base that includes retailers, distributors, and food service operators across the United States and internationally. Headquartered in Greeley, Colorado, the company operates significant production facilities and distribution networks in the UK, Mexico, and various regions throughout Europe, the Middle East, and Asia. Pilgrim's Pride is committed to providing high-quality protein products while adhering to rigorous food safety and sustainability standards, positioning itself as a key player in the global poultry and pork markets.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 22.55% per annum.
- PPC price at the close of March 6, 2026 was $40.75 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 47.80% per annum.
- PPC price at the close of March 6, 2026 was lower than the bottom border of the secondary price channel by $0.09 (0.21%). This indicates a possible reversal in the secondary trend direction.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of PPC price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: February 10, 2025
End date: January 13, 2026
a = 4.8844
b = -0.0007
s = 0.0584
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0007) – 1
= -22.55%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0584) – 1
= 26.31%
February 10, 2025 calculations
Top border of price channel:
Exp(Y987)
= Exp(a + b × X987 + 2 × s)
= Exp(a + b × 1,435 + 2 × s)
= Exp(4.8844 + -0.0007 × 1,435 + 2 × 0.0584)
= Exp(3.9965)
= $54.41
Bottom border of price channel:
Exp(Y987)
= Exp(a + b × X987 – 2 × s)
= Exp(a + b × 1,435 – 2 × s)
= Exp(4.8844 + -0.0007 × 1,435 – 2 × 0.0584)
= Exp(3.7629)
= $43.07
January 13, 2026 calculations
Top border of price channel:
Exp(Y1,219)
= Exp(a + b × X1,219 + 2 × s)
= Exp(a + b × 1,772 + 2 × s)
= Exp(4.8844 + -0.0007 × 1,772 + 2 × 0.0584)
= Exp(3.7605)
= $42.97
Bottom border of price channel:
Exp(Y1,219)
= Exp(a + b × X1,219 – 2 × s)
= Exp(a + b × 1,772 – 2 × s)
= Exp(4.8844 + -0.0007 × 1,772 – 2 × 0.0584)
= Exp(3.5269)
= $34.02
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 22.55% per annum.
- PPC price at the close of March 6, 2026 was $40.75 and was inside the primary price channel.
Secondary Trend
Start date: October 8, 2025
End date: March 4, 2026
a = 1.8110
b = 0.0011
s = 0.0269
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 47.80%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0269) – 1
= 11.37%
October 8, 2025 calculations
Top border of price channel:
Exp(Y1,153)
= Exp(a + b × X1,153 + 2 × s)
= Exp(a + b × 1,675 + 2 × s)
= Exp(1.8110 + 0.0011 × 1,675 + 2 × 0.0269)
= Exp(3.6578)
= $38.78
Bottom border of price channel:
Exp(Y1,153)
= Exp(a + b × X1,153 – 2 × s)
= Exp(a + b × 1,675 – 2 × s)
= Exp(1.8110 + 0.0011 × 1,675 – 2 × 0.0269)
= Exp(3.5501)
= $34.82
March 4, 2026 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(1.8110 + 0.0011 × 1,822 + 2 × 0.0269)
= Exp(3.8151)
= $45.38
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(1.8110 + 0.0011 × 1,822 – 2 × 0.0269)
= Exp(3.7074)
= $40.75
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 47.80% per annum.
- PPC price at the close of March 6, 2026 was lower than the bottom border of the secondary price channel by $0.09 (0.21%). This indicates a possible reversal in the secondary trend direction.