|Bid||141.59 x 1100|
|Ask||141.66 x 1300|
|Day's Range||141.14 - 144.86|
|52 Week Range||93.98 - 144.86|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 22, 2019 - May 28, 2019|
|Forward Dividend & Yield||1.28 (1.11%)|
|1y Target Est||118.38|
Sanderson Farms (SAFM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
When we invest, we're generally looking for stocks that outperform the market average. Buying under-rated businesses is one path to excess returns. For example, long term Sanderson Farms, Inc. (NASDAQ:SAFM) shareholders have...
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The Zacks Analyst Blog Highlights: Antero Resources, Jones Lang LaSalle, Franklin Resources, Sanderson Farms and Schnitzer Steel Industries
Sanderson Farms Inc NASDAQ/NGS:SAFMView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and declining Bearish sentimentShort interest | NeutralShort interest is moderately high for SAFM with between 10 and 15% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on April 4. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SAFM are favorable with net inflows of $72.79 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
First quarter's earnings decline may be a temporary phenomenon as several catalysts are there to drive corporate earnings in the near future.
NEW YORK, April 01, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Constellation Brands (STZ) gains from constant brand-building efforts, acquisitions and e-commerce initiatives. However, a soft outlook for fiscal 2019 and higher costs are concerning.
Sanderson Farms (SAFM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Sanderson Farms, Inc. (SAFM) today announced that its Board of Directors has approved an agreement, effective March 21, 2019, for a new $1.0 billion revolving credit facility through a consortium of banks. The new facility replaces the Company’s existing $900 million facility, which was terminated. The credit will remain unsecured, and certain covenants related to the Company’s financial condition were adjusted and the limitation on capital expenditures was eliminated to support the Company’s future growth.
Sanderson Farms (SAFM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Shares of Sanderson Farms Inc. rallied 1.6% toward a one-year high in morning trade Wednesday, after J.P. Morgan analyst Ken Goldman said he was no longer bearish on the chicken processing company, citing higher chicken prices and an more balanced risk-versus-reward scenario. Goldman raise his rating to neutral, after being at underperform since October 2017, and boosted his stock price target to $127 from $88. He also raised his fiscal 2019 EPS forecast to $4.77 from 99 cents, compared with the FactSet consensus of $2.14, given higher chicken prices. "On the constructive side, industry bird weights are down, China indeed could open, and we now see upside to consensus estimates," Goldman wrote in a note to clients. "On the less constructive side, the U.S. broiler industry is still planning on accelerating its capacity growth over the next couple of years, which could reverse currently positive pricing trends. All things considered, therefore, we view a neutral rating as appropriate." The stock has climbed 26.8% year to date, while the S&P 500 has hiked up 12.0%.