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

May 16, 2018 - By Alice Fox

Sanderson Farms, Inc. (NASDAQ:SAFM) Corporate Logo
During Q4 2017 the big money sentiment increased to 1.04. That’s change of 0.17, from 2017Q3’s 0.87. 32 investors sold all, 91 reduced holdings as Sanderson Farms, Inc. ratio is positive. 83 increased positions while 45 funds amassed positions. Funds hold 23.31 million shares thus 6.24% more from 2017Q3’s 21.94 million shares.
Lazard Asset Management Limited Liability Corp invested 0% of its capital in Sanderson Farms, Inc. (NASDAQ:SAFM). First Tru Advisors L P reported 0.02% of its capital in Sanderson Farms, Inc. (NASDAQ:SAFM). Amundi Pioneer Asset Management Inc holds 0% of its capital in Sanderson Farms, Inc. (NASDAQ:SAFM) for 11,322 shs. Principal Gru Inc owns 99,384 shs or 0.01% of their US capital. 9,085 are held by Voya Inv Mgmt Lc. State Of Wisconsin Investment Board owns 17,700 shs for 0.01% of their capital. Strs Ohio accumulated 0% or 2,200 shs. Virginia Retirement Et Al holds 0.02% or 15,100 shs. Fmr Ltd Limited Liability Company invested in 31,512 shs or 0% of the stock. Blackrock owns 2.19M shs. Wellington Mngmt Gru Inc Limited Liability Partnership accumulated 292,164 shs. Moreover, Jennison Ltd Liability has 0% invested in Sanderson Farms, Inc. (NASDAQ:SAFM). Cap Fund Mgmt Sa holds 73,855 shs. Indexiq Advsr Llc stated it has 27,832 shs. Price T Rowe Associate Inc Md reported 5,787 shs.

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

Earnings report for Sanderson Farms, Inc. (NASDAQ:SAFM) is expected on May, 24 before the open., according to Faxor. Analysts have anticipation on stock’s EPS of $2.04. That’s down 30.61 % from last year’s $2.94 EPS. SAFM’s profit could be $46.59 million with 13.63 P/E in case $2.04 EPS is reported. After $0.60 EPS report previous quarter, Wall Street now forecasts 240.00 % EPS growth of Sanderson Farms, Inc.. Ticker’s shares touched $111.22 during the last trading session after 0.62% change.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

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 Wednesday, February 28 the firm earned “Buy” rating by Vertical Group. On Friday, December 15 the firm has “Hold” rating by BMO Capital Markets given. On Monday, February 26 the firm has “Equal-Weight” rating given by Barclays Capital. On Thursday, February 22 the firm has “Hold” rating given by Stephens. On Wednesday, April 11 the firm has “Neutral” rating by Buckingham Research given. On Friday, February 23 BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating. BMO Capital Markets has “Market Perform” rating and $125 target. On Thursday, February 15 the firm has “Hold” rating by BMO Capital Markets given. On Tuesday, February 27 the firm has “Equal-Weight” rating by Morgan Stanley given. In Thursday, February 22 report Mizuho maintained it with “Hold” rating and $130.0 target. On Monday, April 23 the rating was maintained by Mizuho with “Hold”.

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

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

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