Sanderson Farms, Inc. (SAFM) Analysts See $2.04 EPS as of May, 24

May 16, 2018 - By Mark Babin

Sanderson Farms, Inc. (NASDAQ:SAFM) Corporate Logo
Big Money Sentiment increased to 1.04 in 2017 Q4. It has change of 0.17, from 2017Q3’s 0.87. The ratio is positive due to Sanderson Farms, Inc. positioning: 32 sold and 91 reduced. 45 funds took holdings and 83 increased holdings. Investors holded 21.94 million in 2017Q3 but now own 23.31 million shares or 6.24% more.
Spark Investment Mngmt Limited Liability Company has 0.08% invested in Sanderson Farms, Inc. (NASDAQ:SAFM). Clinton Group owns 27,843 shs or 0.34% of their US capital. Foster & Motley Inc holds 0.04% in Sanderson Farms, Inc. (NASDAQ:SAFM) or 1,968 shs. Td Asset reported 0% stake. Suntrust Banks has 2,281 shs for 0% of their capital. M&T Bancshares Corp stated it has 0% of its capital in Sanderson Farms, Inc. (NASDAQ:SAFM). Pacad Inv Limited has 0.3% invested in Sanderson Farms, Inc. (NASDAQ:SAFM). Nordea Invest Management stated it has 42,600 shs or 0.01% of all its holdings. Montag A Assocs reported 0.07% of its capital in Sanderson Farms, Inc. (NASDAQ:SAFM). Barclays Public Ltd Company holds 0.01% or 49,548 shs. Rhumbline Advisers reported 0.01% of its capital in Sanderson Farms, Inc. (NASDAQ:SAFM). Pnc Financial Services Gru invested in 0% or 791 shs. Northern Trust holds 493,620 shs. Ny State Teachers Retirement owns 36,429 shs. Manufacturers Life Company The has 0.01% invested in Sanderson Farms, Inc. (NASDAQ:SAFM) for 48,735 shs.

Sanderson Farms, Inc. had 1 insider sale and 0 buys since February 23, 2018. This’s net activity of $90,285.

Sanderson Farms, Inc. (NASDAQ:SAFM) is awaited to report earnings on May, 24 before the open., as reported by RTT. The earnings per share diference is $0.90 or 30.61 % down from last years number. Previous year: $2.94; Analysts forcast: $2.04. SAFM’s profit could reach $46.59 million if the current earnings per share of $2.04 is accurate. 240.00 % EPS growth is what analysts predict. $0.60 earnings per share was reported for last quarter. SAFM reached $111.22 during the last trading session after $0.69 change.Currently Sanderson Farms, Inc. is uptrending after 19.74% change in last May 16, 2017. SAFM has 229,394 shares volume. SAFM outperformed the S&P500 by 8.19%.

Sanderson Farms, Inc. (NASDAQ:SAFM) Ratings Coverage

Total analysts of 7 have positions in Sanderson Farms (NASDAQ:SAFM) as follows: 1 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 14%. Since December 15, 2017 according to StockzIntelligence Inc Sanderson Farms has 11 analyst reports. On Monday, February 26 the company was maintained by Barclays Capital. In Monday, April 23 report Mizuho maintained it with “Hold” rating and $12000 target. The stock rating was maintained by Buckingham Research with “Neutral” on Wednesday, April 11. On Thursday, February 22 the firm earned “Hold” rating by Stephens. On Thursday, February 15 the company was maintained by BMO Capital Markets. On Thursday, February 22 the stock of Sanderson Farms, Inc. (NASDAQ:SAFM) has “Hold” rating given by Mizuho. On Tuesday, February 27 Morgan Stanley maintained Sanderson Farms, Inc. (NASDAQ:SAFM) with “Equal-Weight” rating. The company rating was maintained by BMO Capital Markets on Friday, December 15. The company rating was upgraded by Vertical Group on Wednesday, February 28. The stock rating was maintained by BMO Capital Markets with “Market Perform” on Friday, February 23.

Sanderson Farms, Inc., an integrated poultry processing company, produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the United States.The firm is worth $2.54 billion. The firm sells ice pack, chill pack, bulk pack, and frozen chicken in whole, cut-up, and boneless form primarily under the Sanderson Farms brand name to retailers, distributors, and casual dining operators in the southeastern, southwestern, northeastern, and western United States, as well as to clients who resell frozen chicken in the export markets.The P/E ratio is 8.26. The Company’s prepared chicken product line includes institutional and consumer packaged partially cooked or marinated chicken items for distributors and food service establishments.

A couple more Sanderson Farms, Inc. (NASDAQ:SAFM) news were posted by: Businesswire.com which released on May 02, 2018 “Sanderson Farms to Participate in BMO Capital Markets 13”, also Seekingalpha.com on May 04, 2018 posted “Sanderson Farms: Buy Signal Getting Closer”, the next Globenewswire.com is “Consolidated Research: 2018 Summary Expectations for Papa John’s International, Sanderson Farms, SandRidge …” on May 08, 2018. Seekingalpha.com has article titled “Stocks To Watch: A Fed Head Talks Crypto”.

Sanderson Farms, Inc. (NASDAQ:SAFM) Institutional Investors Chart

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