|Bid||104.20 x 800|
|Ask||111.21 x 800|
|Day's Range||105.00 - 109.20|
|52 Week Range||95.97 - 176.43|
|PE Ratio (TTM)||8.81|
|Earnings Date||Aug 22, 2018|
|Forward Dividend & Yield||1.28 (1.27%)|
|1y Target Est||96.22|
Sanderson Farms, Inc. (SAFM) today announced that it will host its third quarter fiscal 2018 earnings conference call at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Thursday, August 23, 2018. During this call, management will comment on Sanderson Farms’ financial and operating results for the third quarter ended July 31, 2018. A live online broadcast of Sanderson Farms’ conference call will also begin at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Thursday, August 23, 2018.
NEW YORK, Aug. 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cboe ...
Sanderson Farms, Inc. (SAFM) today announced that David Barksdale was elected to the Company’s Board of Directors, effective August 7, 2018. Barksdale previously worked as an attorney at Cleary Gottlieb Steen & Hamilton LLP in New York City, handling primarily private equity, mergers & acquisitions and non-profit matters.
Most of the analysts maintain a “buy” rating on Tyson Foods (TSN) stock. The demand for protein is expected to remain high, which should drive the company’s sales and earnings. Continued strength in the company’s Prepared Foods segment and a favorable mix should support the growth. However, headwinds from tariffs, oversupply in the Pork segment, and weak demand for chicken will likely have a negative impact on the company’s financials in the near term.
Record levels of beef, pork and chicken coming to market are cutting into profits for the biggest U.S. meat processing companies. Companies like Tyson Foods Inc., Pilgrim’s Pride Corp. and Sanderson Farms Inc. confront declining prices and uncertain demand as rising meat production and tariffs levied by major importing countries threaten to curtail a prosperous period for the U.S. meat sector. “Intertwined with uncertainty on trade policies and tariffs are increasing supplies of relatively low-priced beef and pork that are competing with chicken,” said Tom Hayes, Tyson’s chief executive, on a conference call with investors on Monday.
Following U.S. tariffs on imported aluminum and steel, China retaliated with tariffs on U.S. pork and beef, while Mexico and Canada also implemented levies, leading to over supplies and subsequently lower prices for these proteins in the domestic market. This has in turn hurt the consumption of chicken in the United States, forcing producers such as Tyson to reduce prices to spur demand. "We still face pressure on chicken sales volume and pricing due to the abundance of relatively low-priced beef and pork on the market," Chief Executive Officer Tom Hayes said.
Sanderson Farms, Inc. today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.32 per share payable August 14, 2018, to stockholders of record on July 31, 2018.
LONDON, UK / ACCESSWIRE / June 27, 2018 / If you want a free Stock Review on PF sign up now at www.wallstequities.com/registration. Gains were broad based as six out of nine sectors finished the trading session in green. WallStEquities.com has initiated research reports on the following Food - Major Diversified stocks: Pinnacle Foods Inc. (NYSE: PF), Post Holdings Inc. (NYSE: POST), Sanderson Farms Inc. (NASDAQ: SAFM), and The Kraft Heinz Co. (NASDAQ: KHC).
Sanderson Farms, Inc. (SAFM) today announced that management will host an investor conference to be held October 10-11, 2018, at The Windsor Court Hotel in New Orleans, Louisiana. The investor presentation and Q&A session will be led by Joe F. Sanderson, Jr., chairman and chief executive officer, with additional comments from industry experts and the Company’s management team. A link to the broadcast will be posted on the investor relations section of the Company’s website, www.sandersonfarms.com, and a replay will be available for 30 days.
Index (PMI) data, output in the Consumer Goods sector is rising. 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.
Sanderson Farms (SAFM) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Sanderson Farms, Inc. today announced that management will participate in the Jefferies 2018 Global Consumer Conference, to be held June 19-20, 2018, in Nantucket, Massachusetts.
We present some ETFs & stocks that could be the worst hit should Mexico follow through its threat on American hams and pork shoulders.
Sanderson Farms Inc.'s stock slumped 1.9% in afternoon trade Thursday, to put it on track to close at a 14-month low, even though the chicken processing company said it was doubling its stock repurchase program, and extending it by three years. The company said the buyback program was increased to 2.0 million shares, and extended to May 31, 2021. The new program could represent up to 8.8% of the shares outstanding.
Sanderson Farms, Inc. (SAFM) today announced that its Board of Directors has extended to May 31, 2021, its stock repurchase program. The Board has also increased the number of shares of the Company’s common stock that may be purchased under the program to 2.0 million shares, an increase from the 1.0 million shares previously authorized. The Company has repurchased 1,482,099 shares under this stock repurchase program since its inception.
LONDON, UK / ACCESSWIRE / May 25, 2018 / If you want a free Stock Review on KHC sign up now at www.wallstequities.com/registration. Today, WallStEquities.com draws investors' attention to the Major Diversified Food sector, which encompasses companies that prepare agricultural products for consumer consumption, and often have many different lines of brands they market and sell. Lined up for assessment this morning are four stocks: Pinnacle Foods Inc. (NYSE: PF), Post Holdings Inc. (NYSE: POST), Sanderson Farms Inc. (NASDAQ: SAFM), and The Kraft Heinz Co. (NASDAQ: KHC).
Shares of Hormel Foods Corp. and Sanderson Farms Inc. fell more than 4% Thursday after their quarterly earnings came in short of expectations with both highlighting the inflationary pressures that have weighed on many food companies this season. Sanderson Farms’ stock(SAFM)was down 4.8% and is down about 27% on the year.
On a per-share basis, the Laurel, Mississippi-based company said it had net income of $1.84. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment ...
Sanderson Farms Inc. shares slipped 1.4% in Thursday premarket trading after the chicken producer reported second-quarter earnings and sales that missed expectations. Sanderson Farms shares are down nearly 23% for the year so far while the S&P 500 index is up 2.2% for the period.
Sanderson Farms, Inc. today reported results for its second fiscal quarter and six months ended April 30, 2018.
On Thursday, Sanderson Farms (NASDAQ: SAFM ) will release its latest earnings report. Here is Benzinga's outlook for the company. Earnings and Revenue Based on management's projections, Sanderson Farms ...