Sanderson Farms, Inc. (SAFM) EPS Estimated At $1.21

February 14, 2018 - By Adrian Mccoy

 Sanderson Farms, Inc. (SAFM) EPS Estimated At $1.21
Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.07, from 0.94 in 2017Q2. It worsened, as 45 investors sold Sanderson Farms, Inc. shares while 98 reduced holdings. 62 funds opened positions while 63 raised stakes. 21.94 million shares or 0.56% less from 22.07 million shares in 2017Q2 were reported.
Texas Permanent School Fund invested 0.03% in Sanderson Farms, Inc. (NASDAQ:SAFM). M&T Bank Corporation owns 1,979 shares or 0% of their US portfolio. Swiss Bankshares has invested 0.01% in Sanderson Farms, Inc. (NASDAQ:SAFM). Prudential, New Jersey-based fund reported 504,876 shares. State Treasurer State Of Michigan holds 0.01% or 7,400 shares in its portfolio. Sterling Mgmt Ltd Liability Corp holds 0.02% in Sanderson Farms, Inc. (NASDAQ:SAFM) or 10,830 shares. Global X Mgmt Limited Co reported 317 shares stake. Public Employees Retirement Sys Of Ohio reported 21,649 shares. Whittier Tru invested 0% in Sanderson Farms, Inc. (NASDAQ:SAFM). Bankshares Of Ny Mellon Corp accumulated 0.01% or 282,624 shares. First Citizens Financial Bank And has 1,452 shares for 0.03% of their portfolio. The Massachusetts-based Alpha Windward Limited Liability Corporation has invested 0.33% in Sanderson Farms, Inc. (NASDAQ:SAFM). Morgan Stanley invested 0.01% in Sanderson Farms, Inc. (NASDAQ:SAFM). Clarivest Asset Mgmt Ltd Limited Liability Company stated it has 61,803 shares or 0.22% of all its holdings. Bluecrest Cap Management has invested 0.01% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM).

Since August 25, 2017, it had 0 insider purchases, and 5 selling transactions for $1.09 million activity. BANKS FRED L JR had sold 3,000 shares worth $432,315 on Wednesday, August 30. Bierbusse John sold 625 shares worth $86,269. 1,371 shares valued at $198,771 were sold by MOONEY DIANNE on Wednesday, August 30. On Friday, August 25 LIVINGSTON PHIL K sold $123,714 worth of Sanderson Farms, Inc. (NASDAQ:SAFM) or 900 shares.

Analysts expect Sanderson Farms, Inc. (NASDAQ:SAFM) to report $1.21 EPS on February, 22.They anticipate $0.19 EPS change or 18.63 % from last quarter’s $1.02 EPS. SAFM’s profit would be $27.62M giving it 26.38 P/E if the $1.21 EPS is correct. After having $3.20 EPS previously, Sanderson Farms, Inc.’s analysts see -62.19 % EPS growth. The stock increased 0.34% or $0.43 during the last trading session, reaching $127.69. About 324,601 shares traded. Sanderson Farms, Inc. (NASDAQ:SAFM) has risen 33.01% since February 14, 2017 and is uptrending. It has outperformed by 16.31% the S&P500.

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

Among 14 analysts covering Sanderson Farms Inc. (NASDAQ:SAFM), 5 have Buy rating, 4 Sell and 5 Hold. Therefore 36% are positive. Sanderson Farms Inc. had 34 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, August 11 by BMO Capital Markets. BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Thursday, October 12. BMO Capital Markets has “Hold” rating and $150.0 target. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Friday, December 2. As per Friday, December 15, the company rating was maintained by BMO Capital Markets. DA Davidson upgraded it to “Buy” rating and $98 target in Monday, December 5 report. The firm earned “Outperform” rating on Thursday, December 3 by Credit Agricole. The stock has “Hold” rating by Mizuho on Monday, October 16. J.P. Morgan downgraded Sanderson Farms, Inc. (NASDAQ:SAFM) on Friday, October 6 to “Sell” rating. As per Thursday, November 16, the company rating was maintained by BMO Capital Markets. The company was maintained on Monday, June 26 by BMO Capital Markets.

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 $2.92 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 10.38 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 recent Sanderson Farms, Inc. (NASDAQ:SAFM) news were published by: which released: “US food distributors allege Tyson Foods, rivals fixed chicken prices” on January 31, 2018. Also published the news titled: “Sanderson Farms, Inc. to Host Its First Quarter Fiscal 2018 Conference Call” on February 08, 2018.‘s news article titled: “Ex-Dividend Reminder: Conagra Brands, Sanderson Farms and Ford Motor” with publication date: January 25, 2018 was also an interesting one.

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