Sanderson Farms, Inc. (SAFM) EPS Estimated At $2.04

May 18, 2018 - By Larry Park

Sanderson Farms, Inc. (NASDAQ:SAFM) LogoInvestors sentiment increased to 1.04 in Q4 2017. Its up 0.17, from 0.87 in 2017Q3. It increased, as 32 investors sold Sanderson Farms, Inc. shares while 91 reduced holdings. 45 funds opened positions while 83 raised stakes. 23.31 million shares or 6.24% more from 21.94 million shares in 2017Q3 were reported.
Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Sanderson Farms, Inc. (NASDAQ:SAFM) for 1,456 shares. Clarivest Asset Management Limited Liability has invested 0.1% in Sanderson Farms, Inc. (NASDAQ:SAFM). Bowling Port Management Ltd Liability accumulated 0.3% or 16,302 shares. First Tru Limited Partnership has 0.02% invested in Sanderson Farms, Inc. (NASDAQ:SAFM). Cypress Capital Management (Wy) invested in 0.02% or 100 shares. 80,078 are owned by Ny State Common Retirement Fund. Pnc Fincl Group accumulated 791 shares. Massachusetts Finance Company Ma holds 0% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM) for 6,984 shares. Geode Capital Limited Liability Corporation holds 265,898 shares. Jefferies Group Ltd Liability Com invested in 7,060 shares or 0% of the stock. Ls Invest Advsrs Limited Liability accumulated 1,315 shares. Jennison Assoc Limited Co holds 0% or 6,913 shares. Amp Capital Investors has invested 0% in Sanderson Farms, Inc. (NASDAQ:SAFM). 56,460 are owned by Bessemer Gp. Schwab Charles Inv Inc holds 170,936 shares or 0.02% of its portfolio.

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

Analysts expect Sanderson Farms, Inc. (NASDAQ:SAFM) to report $2.04 EPS on May, 24 before the open.They anticipate $0.90 EPS change or 30.61 % from last quarter’s $2.94 EPS. SAFM’s profit would be $46.58 million giving it 13.72 P/E if the $2.04 EPS is correct. After having $0.60 EPS previously, Sanderson Farms, Inc.’s analysts see 240.00 % EPS growth. The stock increased 0.65% or $0.72 during the last trading session, reaching $111.94. About 452,081 shares traded or 2.20% up from the average. Sanderson Farms, Inc. (NASDAQ:SAFM) has risen 19.74% since May 18, 2017 and is uptrending. It has outperformed by 8.19% the S&P500.

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

Among 7 analysts covering Sanderson Farms (NASDAQ:SAFM), 1 have Buy rating, 0 Sell and 6 Hold. Therefore 14% are positive. Sanderson Farms had 11 analyst reports since December 15, 2017 according to SRatingsIntel. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) earned “Hold” rating by Mizuho on Monday, April 23. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) has “Equal-Weight” rating given on Tuesday, February 27 by Morgan Stanley. Stephens maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Thursday, February 22. Stephens has “Hold” rating and $130.0 target. The firm has “Hold” rating given on Thursday, February 22 by Mizuho. BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Thursday, February 15. BMO Capital Markets has “Hold” rating and $130.0 target. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) earned “Market Perform” rating by BMO Capital Markets on Friday, February 23. Buckingham Research maintained Sanderson Farms, Inc. (NASDAQ:SAFM) on Wednesday, April 11 with “Neutral” rating. The firm earned “Equal-Weight” rating on Monday, February 26 by Barclays Capital. The rating was upgraded by Vertical Group on Wednesday, February 28 to “Buy”. BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) rating on Friday, December 15. BMO Capital Markets has “Hold” rating and $140.0 target.

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 $2.56 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 8.31 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 important recent Sanderson Farms, Inc. (NASDAQ:SAFM) news were published by: Businesswire.com which released: “Sanderson Farms to Participate in BMO Capital Markets 13” on May 02, 2018, also Seekingalpha.com published article titled: “Sanderson Farms: Buy Signal Getting Closer”, Seekingalpha.com published: “Stocks To Watch: A Fed Head Talks Crypto” on May 13, 2018. More interesting news about Sanderson Farms, Inc. (NASDAQ:SAFM) was released by: Globenewswire.com and their article: “Consolidated Research: 2018 Summary Expectations for Papa John’s International, Sanderson Farms, SandRidge …” with publication date: May 08, 2018.

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

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