|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's Range||131.79 - 135.13|
|52 Week Range||93.98 - 154.82|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 21, 2019 - Aug 26, 2019|
|Forward Dividend & Yield||1.28 (0.94%)|
|1y Target Est||150.25|
Sanderson Farms (SAFM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
With China’s hog inventory depleted due to African swine fever, the demand for imported pork is up, which would be a good thing for U.S. meat companies except the U.S.-China trade war is getting in the way, says CFRA.
In this daily bar chart of SAFM, below, we can see a sideways consolidation pattern from last June to early January with prices bounded roughly by $95 on the downside and the $110-$115 area above. The volume pattern has been uneven but you can see the On-Balance-Volume (OBV) line take flight from December. The OBV line has made a new high recently and could be foreshadowing a new price high.
Sanderson Farms, Inc. (NASDAQ:SAFM), which is in the food business, and is based in United States, received a lot of...
Challenges related to Jennie-O Turkey segment, soft pork exports and input cost inflation are weighing on Hormel Foods Corporation (HRL).
Sanderson Farms' (SAFM) top line misses the Zacks Consensus Estimate, while the bottom line surpasses the same in Q2. However, sales rise year over year.
The company has locked in all its corn needs through July, and 40% of its demand for August and September, according to Chief Executive Officer Joe Sanderson. Futures of the grain have surged more than 20% to a three-year high over the past few weeks and the chaos is expected to leave a record number of corn acres unplanted this year. While the company’s feed cost per pound of chicken has already risen 3% in the second quarter, Sanderson expects overall feed expenses to be lower this year.
Sanderson Farms (SAFM) delivered earnings and revenue surprises of 3.39% and -0.53%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
Sanderson Farms Inc NASDAQ/NGS:SAFMView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate and declining Bearish sentimentShort interest | PositiveShort interest is moderate for SAFM with between 5 and 10% 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 May 13. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.90 billion over the last one-month into ETFs that hold SAFM are among the lowest of the last year and appear to be slowing. 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.
On a per-share basis, the Laurel, Mississippi-based company said it had net income of $1.83. The poultry producer posted revenue of $845.2 million in the period. Sanderson Farms shares have risen 40% since ...
Sanderson Farms, Inc. today reported results for its second fiscal quarter and six months ended April 30, 2019.
Sanderson Farms (NASDAQ: SAFM ) unveils its next round of earnings this Thursday, May 30. Get prepared with Benzinga's ultimate preview for Sanderson Farms's Q2 earnings. Earnings and Revenue Sanderson ...
Hormel Foods' (HRL) top and bottom lines grow year over year in second-quarter fiscal 2019. However, input cost inflation and expectations of volatile pork prices lead to a lowered outlook.
Sanderson Farms (SAFM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sanderson Farms, Inc. today announced that management will participate in the Baird 2019 Global Consumer, Technology & Services Conference to be held June 4-6, 2019, at The InterContinental New York Barclay in New York City.
Sanderson Farms, Inc. (SAFM) today announced that it will host its second quarter fiscal 2019 earnings conference call at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Thursday, May 30, 2019. During this call, management will comment on Sanderson Farms’ financial and operating results for the second quarter ended April 30, 2019. 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, May 30, 2019.
If you're interested in Sanderson Farms, Inc. (NASDAQ:SAFM), then you might want to consider its beta (a measure of...
Strong demand for certain product categories along with rise in processed meat production are likely to aid Sanderson Farms' (SAFM) fiscal Q2 results.
Does Sanderson Farms (SAFM) have what it takes to be a top stock pick for momentum investors? Let's find out.