Sanderson Farms, Inc. (SAFM) EPS Estimated At $3.64

November 18, 2017 - By Ellis Scott

 Sanderson Farms, Inc. (SAFM) EPS Estimated At $3.64
Investors sentiment decreased to 0.94 in Q2 2017. Its down 0.18, from 1.12 in 2017Q1. It is negative, as 35 investors sold Sanderson Farms, Inc. shares while 94 reduced holdings. 47 funds opened positions while 74 raised stakes. 22.07 million shares or 1.60% less from 22.43 million shares in 2017Q1 were reported.
Matarin Capital Ltd Liability Corporation owns 112,336 shares for 0% of their portfolio. Qs Investors Ltd Limited Liability Company has invested 0.07% in Sanderson Farms, Inc. (NASDAQ:SAFM). 18,002 are held by Morgan Dempsey Mgmt Ltd Liability Corporation. Swiss Savings Bank holds 0% or 34,200 shares in its portfolio. Royal Savings Bank Of Canada owns 12,736 shares or 0% of their US portfolio. Alliancebernstein L P, New York-based fund reported 270,004 shares. Lazard Asset Mgmt Ltd Liability holds 41 shares or 0% of its portfolio. Arizona State Retirement holds 0.02% in Sanderson Farms, Inc. (NASDAQ:SAFM) or 10,484 shares. Public Sector Pension Board accumulated 10,383 shares. Texas Permanent School Fund holds 0.02% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM) for 14,612 shares. Credit Suisse Ag invested 0% in Sanderson Farms, Inc. (NASDAQ:SAFM). Affinity Ltd invested 0.03% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Susquehanna Grp Incorporated Limited Liability Partnership has 0% invested in Sanderson Farms, Inc. (NASDAQ:SAFM). Barclays Public Limited holds 56,485 shares. Point72 Asia (Hong Kong) Limited reported 0% in Sanderson Farms, Inc. (NASDAQ:SAFM).

Since May 26, 2017, it had 0 insider buys, and 2 sales for $190,559 activity. $60,751 worth of stock was sold by LIVINGSTON PHIL K on Friday, May 26.

Wall Street await Sanderson Farms, Inc. (NASDAQ:SAFM) to release earnings on December, 21. Analysts forecast EPS of $3.64, up exactly $0.28 or 8.33 % from 2014’s $3.36 EPS. The expected SAFM’s profit could reach $82.73M giving the stock 11.15 P/E in the case that $3.64 earnings per share is reported. After posting $5.09 EPS for the previous quarter, Sanderson Farms, Inc.’s analysts now forecast -28.49 % negative EPS growth. The stock decreased 1.71% or $2.83 during the last trading session, reaching $162.35. About 410,616 shares traded. Sanderson Farms, Inc. (NASDAQ:SAFM) has risen 33.01% since November 18, 2016 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 32 analyst reports since August 26, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Sidoti given on Friday, November 20. The firm earned “Hold” rating on Thursday, October 12 by BMO Capital Markets. JP Morgan downgraded the stock to “Underweight” rating in Friday, October 6 report. The rating was downgraded by JP Morgan to “Neutral” on Friday, May 27. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, August 25. Jefferies initiated the stock with “Underperform” rating in Wednesday, December 16 report. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) has “Hold” rating given on Monday, June 26 by BMO Capital Markets. J.P. Morgan downgraded it to “Sell” rating and $134.0 target in Friday, October 6 report. The firm has “Buy” rating given on Monday, December 12 by Sidoti. The rating was downgraded by Goldman Sachs to “Sell” on Tuesday, March 15.

Sanderson Farms, Inc. is a poultry processing company. The company has market cap of $3.69 billion. The Firm is engaged in the production, processing, marketing and distribution of fresh and frozen chicken, and also preparation, processing, marketing and distribution of processed and minimally prepared chicken. It has a 13.03 P/E ratio. It sells ice pack, chill pack, bulk pack and frozen chicken, in whole, cut-up and boneless form, under the Sanderson Farms brand name to retailers, distributors, casual dining operators, clients reselling frozen chicken into export markets.

More notable recent Sanderson Farms, Inc. (NASDAQ:SAFM) news were published by: Seekingalpha.com which released: “Sanderson Farms – DCF Analysis” on November 10, 2017, also Nasdaq.com with their article: “First Week of December 15th Options Trading For Sanderson Farms” published on November 01, 2017, Seekingalpha.com published: “How To Value Sanderson Farms – Part I” on October 09, 2017. More interesting news about Sanderson Farms, Inc. (NASDAQ:SAFM) were released by: Prnewswire.com and their article: “Sanderson Farms Donates $2 Million to Disaster Relief Efforts” published on November 02, 2017 as well as Benzinga.com‘s news article titled: “Why Analysts Prefer Tyson Over Sanderson Farms” with publication date: October 31, 2017.

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