Sanderson Farms, Inc. (SAFM) EPS Estimated At $1.08

August 13, 2018 - By Jack Shaw

Sanderson Farms, Inc. (NASDAQ:SAFM) LogoInvestors sentiment decreased to 0.94 in Q1 2018. Its down 0.10, from 1.04 in 2017Q4. It fall, as 29 investors sold Sanderson Farms, Inc. shares while 95 reduced holdings. 39 funds opened positions while 78 raised stakes. 22.75 million shares or 2.42% less from 23.31 million shares in 2017Q4 were reported.
State Teachers Retirement System has 0.01% invested in Sanderson Farms, Inc. (NASDAQ:SAFM) for 36,529 shares. 30,694 are held by California State Teachers Retirement. Carroll Fincl has invested 0% in Sanderson Farms, Inc. (NASDAQ:SAFM). Bank Of New York Mellon holds 494,617 shares. Mackenzie Financial holds 35,806 shares or 0.01% of its portfolio. Strs Ohio reported 0% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Dekabank Deutsche Girozentrale owns 0.01% invested in Sanderson Farms, Inc. (NASDAQ:SAFM) for 6,047 shares. Moreover, Cap Fund has 0.05% invested in Sanderson Farms, Inc. (NASDAQ:SAFM) for 76,700 shares. 7,819 are owned by Aurora Invest Counsel. Amer Bank invested in 14,354 shares. Nuance Invs Limited Co reported 2.73% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Wellington Gp Ltd Liability Partnership stated it has 297,608 shares or 0.01% of all its holdings. Prudential Fincl accumulated 310,799 shares. Biltmore Wealth Management Ltd Limited Liability Company owns 5,527 shares. Moreover, Chicago Equity Partners Ltd Liability Com has 0.15% invested in Sanderson Farms, Inc. (NASDAQ:SAFM) for 39,045 shares.

Since February 23, 2018, it had 0 insider purchases, and 1 sale for $90,285 activity.

Analysts expect Sanderson Farms, Inc. (NASDAQ:SAFM) to report $1.08 EPS on August, 23.They anticipate $4.01 EPS change or 78.78 % from last quarter’s $5.09 EPS. SAFM’s profit would be $24.66M giving it 23.87 P/E if the $1.08 EPS is correct. After having $1.84 EPS previously, Sanderson Farms, Inc.’s analysts see -41.30 % EPS growth. The stock increased 1.05% or $1.07 during the last trading session, reaching $103.12. About 308,576 shares traded. Sanderson Farms, Inc. (NASDAQ:SAFM) has declined 12.22% since August 13, 2017 and is downtrending. It has underperformed by 24.79% the S&P500.

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

Among 9 analysts covering Sanderson Farms (NASDAQ:SAFM), 1 have Buy rating, 1 Sell and 7 Hold. Therefore 11% are positive. Sanderson Farms had 15 analyst reports since February 15, 2018 according to SRatingsIntel. As per Thursday, February 22, the company rating was maintained by Mizuho. The company was maintained on Tuesday, February 27 by Morgan Stanley. The firm has “Market Perform” rating given on Friday, February 23 by BMO Capital Markets. The firm has “Neutral” rating by Buckingham Research given on Wednesday, July 25. The rating was maintained by JP Morgan on Friday, June 1 with “Underweight”. The rating was maintained by Barclays Capital on Monday, February 26 with “Equal-Weight”. The firm has “Hold” rating given on Thursday, February 15 by BMO Capital Markets. Buckingham Research maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Wednesday, April 11. Buckingham Research has “Neutral” rating and $104 target. Mizuho maintained it with “Hold” rating and $12000 target in Monday, April 23 report. The rating was maintained by BMO Capital Markets on Friday, May 25 with “Market Perform”.

Sanderson Farms, Inc., an integrated poultry processing company, produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the United States. The company has market cap of $2.36 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. It has a 8.34 P/E ratio. The Company’s prepared chicken product line includes institutional and consumer packaged partially cooked or marinated chicken items for distributors and food service establishments.

More news for Sanderson Farms, Inc. (NASDAQ:SAFM) were recently published by: Businesswire.com, which released: “Sanderson Farms, Inc. to Host Its Third Quarter Fiscal 2018 Conference Call” on August 09, 2018. Globenewswire.com‘s article titled: “Analysis: Positioning to Benefit within Cboe Global Markets, Sanderson Farms, National Oilwell Varco, Brighthouse …” and published on August 09, 2018 is yet another important article.

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

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