EPS for Sanderson Farms, Inc. (SAFM) forecasted at $2.04

May 16, 2018 - By Elizabeth Jones

Sanderson Farms, Inc. (NASDAQ:SAFM) Corporate Logo
Big Money Sentiment increased to 1.04 in Q4 2017. It has change of 0.17, from 2017Q3’s 0.87. The ratio improved due to Sanderson Farms, Inc. positioning: 32 sold and 91 reduced. 45 funds amassed positions and 83 increased positions. Investors holded 21.94 million in 2017Q3 but now own 23.31 million shares or 6.24% more.
State Of Tennessee Treasury Department has 29,300 shs. Wellington Management Grp Ltd Liability Partnership reported 0.01% stake. Oregon Employees Retirement Fund has invested 0.02% in Sanderson Farms, Inc. (NASDAQ:SAFM). Sei Invs accumulated 4,982 shs. 742,018 were accumulated by Ajo L P. Matarin Ltd Liability Corp, a Connecticut-based fund reported 96,600 shs. Savings Bank Of Montreal Can accumulated 0.01% or 48,593 shs. Chicago Equity Prns owns 57,237 shs for 0.24% of their capital. Prudential Fincl Incorporated reported 0.09% in Sanderson Farms, Inc. (NASDAQ:SAFM). 1,804 were reported by Paragon Capital Mgmt Limited. Parallax Volatility Advisers Lp reported 0% in Sanderson Farms, Inc. (NASDAQ:SAFM). Northern owns 493,620 shs. Macquarie Group Limited has 17,400 shs for 0% of their capital. American Century Companies invested in 102,994 shs. Convergence Inv Lc has invested 0.59% of its capital in Sanderson Farms, Inc. (NASDAQ:SAFM).

Sanderson Farms, Inc. registered $90,285 net activity with 0 buys and 1 insider sale since February 23, 2018.

Earnings report for Sanderson Farms, Inc. (NASDAQ:SAFM) is expected on May, 24 before the open., as reported by RTT. This year’s earnings per share analyst estimate is expected to be $2.04. That is 30.61 % down compareed to $2.94 earnings per share for last year. This could reach $46.59 million profit for SAFM assuming the current $2.04 earnings per share will become reality. Last quarter $0.60 earnings per share was reported. Analysts sees 240.00 % EPS growth this quarter. SAFM is touching $111.22 during the last trading session, after increased 0.62%.Currently Sanderson Farms, Inc. is uptrending after 19.74% change in last May 16, 2017. SAFM has 229,394 shares volume. The stock outperformed the S&P 500 by 8.19%.

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

In total 7 analysts cover Sanderson Farms (NASDAQ:SAFM). “Buy” rating has 1, “Sell” are 0, while 6 are “Hold”. 14% are bullish. 11 are the (NASDAQ:SAFM)’s analyst reports since December 15, 2017 according to StockzIntelligence Inc. On Thursday, February 15 BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating. BMO Capital Markets has “Hold” rating and $130.0 target. On Friday, December 15 BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating. BMO Capital Markets has “Hold” rating and $140.0 target. On Monday, April 23 the stock has “Hold” rating by Mizuho. On Wednesday, April 11 Buckingham Research maintained the shares of SAFM in report with “Neutral” rating. On Monday, February 26 Barclays Capital maintained Sanderson Farms, Inc. (NASDAQ:SAFM) with “Equal-Weight” rating. On Wednesday, February 28 Vertical Group upgraded Sanderson Farms, Inc. (NASDAQ:SAFM) to “Buy” rating. On Friday, February 23 BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) with “Market Perform” rating. On Tuesday, February 27 the company was maintained by Morgan Stanley. In Thursday, February 22 report Stephens maintained it with “Hold” rating and $130.0 target. On Thursday, February 22 the company was maintained by Mizuho.

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 $2.54 billion market cap. 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.8.26 is the 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.

A couple more Sanderson Farms, Inc. (NASDAQ:SAFM) news were published by: Seekingalpha.com which released on May 13, 2018 “Stocks To Watch: A Fed Head Talks Crypto”, also Seekingalpha.com on May 04, 2018 published “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. Businesswire.com has article titled “Sanderson Farms to Participate in BMO Capital Markets 13”.

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

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