Pilgrims Pride Corp (PPC)
Pilgrim's Pride Corporation produces, processes, markets and distributes fresh, frozen and value-added chicken and pork products to retailers, distributors and food service operators in the United States, the United Kingdom, Mexico, France, Puerto Rico, the Countries Low, rest of Europe, Middle East, Asia and internationally. The company is headquartered in Greeley, Colorado.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 66.72% per annum.
- PPC price at the close of June 13, 2025 was $46.14 and was lower than the bottom border of the primary price channel by $1.47 (3.09%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 36.09% per annum.
- PPC price at the close of June 13, 2025 was inside the secondary price channel.
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: April 20, 2023
End date: June 3, 2025
a = 1.4457
b = 0.0014
s = 0.0685
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0014) – 1
= 66.72%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0685) – 1
= 31.51%
April 20, 2023 calculations
Top border of price channel:
Exp(Y717)
= Exp(a + b × X717 + 2 × s)
= Exp(a + b × 1,039 + 2 × s)
= Exp(1.4457 + 0.0014 × 1,039 + 2 × 0.0685)
= Exp(3.0377)
= $20.86
Bottom border of price channel:
Exp(Y717)
= Exp(a + b × X717 – 2 × s)
= Exp(a + b × 1,039 – 2 × s)
= Exp(1.4457 + 0.0014 × 1,039 – 2 × 0.0685)
= Exp(2.7637)
= $15.86
June 3, 2025 calculations
Top border of price channel:
Exp(Y1,248)
= Exp(a + b × X1,248 + 2 × s)
= Exp(a + b × 1,814 + 2 × s)
= Exp(1.4457 + 0.0014 × 1,814 + 2 × 0.0685)
= Exp(4.1230)
= $61.74
Bottom border of price channel:
Exp(Y1,248)
= Exp(a + b × X1,248 – 2 × s)
= Exp(a + b × 1,814 – 2 × s)
= Exp(1.4457 + 0.0014 × 1,814 – 2 × 0.0685)
= Exp(3.8491)
= $46.95
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 66.72% per annum.
- PPC price at the close of June 13, 2025 was $46.14 and was lower than the bottom border of the primary price channel by $1.47 (3.09%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: July 25, 2024
End date: June 13, 2025
a = 2.3788
b = 0.0008
s = 0.0607
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 36.09%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0607) – 1
= 27.49%
July 25, 2024 calculations
Top border of price channel:
Exp(Y1,034)
= Exp(a + b × X1,034 + 2 × s)
= Exp(a + b × 1,501 + 2 × s)
= Exp(2.3788 + 0.0008 × 1,501 + 2 × 0.0607)
= Exp(3.7673)
= $43.26
Bottom border of price channel:
Exp(Y1,034)
= Exp(a + b × X1,034 – 2 × s)
= Exp(a + b × 1,501 – 2 × s)
= Exp(2.3788 + 0.0008 × 1,501 – 2 × 0.0607)
= Exp(3.5245)
= $33.94
June 13, 2025 calculations
Top border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(2.3788 + 0.0008 × 1,824 + 2 × 0.0607)
= Exp(4.0400)
= $56.83
Bottom border of price channel:
Exp(Y1,256)
= Exp(a + b × X1,256 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(2.3788 + 0.0008 × 1,824 – 2 × 0.0607)
= Exp(3.7972)
= $44.57
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 36.09% per annum.
- PPC price at the close of June 13, 2025 was inside the secondary price channel.