Sanderson Farms, Inc. (SAFM) EPS Estimated At $1.08

August 13, 2018 - By Kyle Williams

Sanderson Farms, Inc. (NASDAQ:SAFM) LogoInvestors sentiment decreased to 0.94 in Q1 2018. Its down 0.10, from 1.04 in 2017Q4. It is negative, as 29 investors sold Sanderson Farms, Inc. shares while 95 reduced holdings. 39 funds opened positions while 78 raised stakes. 22.75 million shares or 2.42% less from 23.31 million shares in 2017Q4 were reported.
Chicago Equity Llc invested 0.15% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Credit Agricole S A stated it has 6,600 shares or 0.05% of all its holdings. Employees Retirement Sys Of Ohio holds 0.01% in Sanderson Farms, Inc. (NASDAQ:SAFM) or 15,516 shares. Jane Street Grp Inc Ltd Limited Liability Company reported 5,251 shares. Manufacturers Life The holds 47,342 shares. Convergence Invest Prtn Ltd Liability Com invested 0% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM). Amp Capital Ltd, Australia-based fund reported 7,500 shares. Whittier Tru Com Of Nevada holds 0% or 123 shares. Trustmark National Bank & Trust Department holds 0.14% of its portfolio in Sanderson Farms, Inc. (NASDAQ:SAFM) for 10,981 shares. Jpmorgan Chase Co holds 145,927 shares or 0% of its portfolio. Millennium Limited Liability Corporation holds 0.03% or 218,788 shares in its portfolio. Ing Groep Nv holds 0.01% or 3,357 shares. 50,162 were reported by Bnp Paribas Arbitrage. The New York-based Amer Grp Inc has invested 0.02% in Sanderson Farms, Inc. (NASDAQ:SAFM). Voloridge Invest Mngmt Limited Com holds 0.23% or 80,861 shares.

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 $1.08 EPS on August, 23.They anticipate $4.01 EPS change or 78.78 % from last quarter’s $5.09 EPS. SAFM’s profit would be $24.66M giving it 23.87 P/E if the $1.08 EPS is correct. After having $1.84 EPS previously, Sanderson Farms, Inc.’s analysts see -41.30 % EPS growth. The stock increased 1.05% or $1.07 during the last trading session, reaching $103.12. About 308,576 shares traded. Sanderson Farms, Inc. (NASDAQ:SAFM) has declined 12.22% since August 13, 2017 and is downtrending. It has underperformed by 24.79% the S&P500.

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

Among 9 analysts covering Sanderson Farms (NASDAQ:SAFM), 1 have Buy rating, 1 Sell and 7 Hold. Therefore 11% are positive. Sanderson Farms had 15 analyst reports since February 15, 2018 according to SRatingsIntel. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) earned “Market Perform” rating by BMO Capital Markets on Friday, May 25. The rating was maintained by Buckingham Research on Wednesday, April 11 with “Neutral”. BMO Capital Markets maintained Sanderson Farms, Inc. (NASDAQ:SAFM) on Thursday, February 15 with “Hold” rating. Barclays Capital maintained Sanderson Farms, Inc. (NASDAQ:SAFM) on Monday, February 26 with “Equal-Weight” rating. The firm earned “Market Perform” rating on Friday, February 23 by BMO Capital Markets. Morgan Stanley maintained it with “Equal-Weight” rating and $115 target in Tuesday, February 27 report. CFRA maintained it with “Hold” rating and $10800 target in Thursday, May 24 report. On Thursday, February 22 the stock rating was maintained by Stephens with “Hold”. Mizuho maintained it with “Hold” rating and $130.0 target in Thursday, February 22 report. The stock of Sanderson Farms, Inc. (NASDAQ:SAFM) has “Neutral” rating given on Wednesday, July 25 by Buckingham Research.

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 $2.36 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 8.34 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 news for Sanderson Farms, Inc. (NASDAQ:SAFM) were recently published by: Globenewswire.com, which released: “Analysis: Positioning to Benefit within Cboe Global Markets, Sanderson Farms, National Oilwell Varco, Brighthouse …” on August 09, 2018. Businesswire.com‘s article titled: “Sanderson Farms, Inc. to Host Its Third Quarter Fiscal 2018 Conference Call” and published on August 09, 2018 is yet another important article.

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

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