Analyst Ratings for Sanderson Farms Inc. (SAFM)Updated: 2017-07-27
Analysts covering Sanderson Farms Inc. (NASDAQ:SAFM) have given it a consensus rating of Hold. Last month, SAFM received an average rating of Hold.
Of the 12 analysts covering the stock, 2 gave it a buy rating, 0 issued an overweight rating, 7 issued a hold rating, 0 gave an underweight rating, and 3 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for SAFM by the analysts covering the stock. The most optimistic price target was 142, implying a possible profit of 10.67 percent. The most pessimistic analyst gave a price target of 85, implying potential capital losses of -33.75 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.14 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 32.77 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.43 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 18.56 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of SAFM to grow at a rate of 6.68 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SAFM is 1.99.
In the trailing 52-weeks, SAFM hit 129.50 at the highest peak, while it's lowest trading point was 74.07. Today's price is 73.23 percent above the 52-week low, and 0.92 percent below the high. SAFM has a P/E ratio of 13.26. Investors typically compare the P/E ratio to a company's peers in the industry. The SAFM value stock report compares SAFM to some of its peers using value stock charts. The stock has a market capitalization of $2.87 billion. SAFM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.