and Morningstar, Inc.Ĭopyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. PPC stands above HRL thanks to its solid earnings outlook, and based on these valuation figures, we also feel that PPC is the superior value option right now.
These are just a few of the metrics contributing to PPC's Value grade of A and HRL's Value grade of C. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities.
HRL currently has a PEG ratio of 4.01.Īnother notable valuation metric for PPC is its P/B ratio of 1.82. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. We also note that PPC has a PEG ratio of 3.16. PPC currently has a forward P/E ratio of 18.73, while HRL has a forward P/E of 23.42. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value. The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels. But this is just one piece of the puzzle for value investors. This means that PPC's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. Right now, Pilgrim's Pride is sporting a Zacks Rank of #2 (Buy), while Hormel Foods has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
PILGRIMS PRIDE STOCK FREE
Investors interested in stocks from the Food - Meat Products sector have probably already heard of Pilgrim's Pride ( PPC Quick Quote PPC - Free Report) and Hormel Foods ( HRL Quick Quote HRL - Free Report).
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