Company information for Sanderson Farm Inc Com Stk USD1 share priceincluding general stock details, key personnel and important dates for your diary. Copyright © 2020 MarketWatch, Inc. All rights reserved. 85.93% of the stock of Sanderson Farms is held by institutions. Shares in Sanderson Farms Inc are currently priced at $137.57. Average Price Target. Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that its Board of Directors has extended its stock repurchase program to October 22, 2023. The P/E … Sanderson Farms' (SAFM) fourth-quarter fiscal 2020 results are likely to reflect its portfolio strength. Why Is Sanderson Farms (SAFM) Down 4.4% Since Last Earnings Report? Sanderson Farms Inc. published this content on 21 December 2020 and is solely responsible for the information contained therein. “As that goes, we will see people willing to travel more, eat out more and let lose more and have some fun. At that level they are trading at 1.44% premium to the analyst consensus target price of 0.00. There are currently no items in this Watchlist. Executives now say companies are better prepared, having spent millions of dollars to reconfigure factories, implement social distancing and distribute the protective equipment workers need to stay safe while keeping the food supply chain running. The company was founded by Dewey R. Sanderson, Dewey R. Sanderson, Jr. and Joe Frank Sanderson in 1947 and is headquartered in Laurel, MS. Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that its Board of Directors has extended its stock repurchase program to October 22, 2023. Only 5.38% of the stock of Sanderson Farms is held by insiders. It Could Be Time to Sell. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of -136.69 and a beta of 0.57. The company has also changed its product mix to adapt to the tight labor availability and a switch to serving more retailers as restaurants shut down.Consumers may now find bigger packages at supermarkets, with ground beef being a case in point, Nash said. (RTTNews) - Sanderson Farms Inc. (SAFM) on Thursday reported net income for the fourth quarter of $27.92 million or $1.26 per share, compared to … Change Could Come Soon. Earnings and Valuation of Sanderson Farms (NASDAQ:SAFM. “Generally speaking, our industry is better prepared to handle the challenges. Emerging growth company ☐ The Zacks Consensus … Here’s Why. Stock analysis for Sanderson Farms Inc (SAFM:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Sanderson Farms chief executive Joe Sanderson said infections are rising among its workers as cases increase in Texas, Mississippi, Georgia, the Carolinas and Louisiana.More Absenteeism“We’re still running and we’re still running at our capacity, but there have been more instances of absentees now than we had all summer or back in the spring,” he said at an earnings call Thursday. The company has a quick ratio of 1.48, a … Sanderson Farms, Inc. Extends Stock Repurchase Plan Oct 22, 2020 The Fresh Food Market 2020-2024- Featuring BRF SA, Cargill Inc., Danish Crown AS, Dole Food Co. Inc., Sanderson Farms adjusted loss is wider than expected, as COVID-19 caused volatility in poultry prices. All rights reserved. More than 50,000 meatpacking workers in the U.S. have tested positive for the virus and more than 260 have died, according to data from the Food and Environment Reporting Network.Meat packers have spent millions installing plexiglass dividers, expanding locker and cafeteria areas, providing masks and face shields. However, the company continues to hurt from weak food service demand. And your family, our family. Zacks Investment Research - 10 months ago. ‘Section 230’ Keeps Coming Up in Congress. View the latest Sanderson Farms Inc. (SAFM) stock price, news, historical charts, analyst ratings and financial information from WSJ. You’re part of our family. Use technical analysis tools such as candles & Fibonacci to generate different instrument comparisons. Corporate Responsibility Report. Sanderson Farms started at neutral at Seaport Global, Sanderson Farms Q2 ave. sales price per pound for fresh and frozen poultry fell 8.3%, Sanderson Farms Q2 sales $844.7 mln vs. $845.2 mln a year ago; FactSet consensus $848.1 mln, Sanderson Farms Q2 FactSet per-share loss consensus 93 cents, Sanderson Farms Q2 adj. Sanderson Farms Inc live price charts and stock performance over time. Sanderson Farms, Inc. (SAFM) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Repurchases, if any, will be made from time to time at prevailing prices in open market transactions or in privately negotiated … “It’s becoming more of a challenge for us right now than it has been since this pandemic started.”The increase in cases across rural North America highlights the challenges meat packers face in preventing the virus from entering their facilities and spreading among the workforce. Why Is Sanderson Farms (SAFM) Down 3.9% Since Last Earnings Report? Is Covid-19 Causing a Bacon Shortage? It’s Been a Tough Year for Protein. Distributed by Public, unedited and unaltered, on 23 December 2020 14:38:00 UTC Top Analysts. Sanderson Farms, Inc. SAFM is likely to register bottom-line growth when it reports fourth-quarter fiscal 2020 numbers on Dec 17. Analyst Price Target on SAFM. This site provides links to other third-party internet sites, which are identified, indexed and compiled through an automated process with no advance review by Stash. Sanderson Farms, Inc. (SAFM): Free Stock Analysis Report Sysco Corporation (SYY): Free Stock Analysis Report B&G Foods, Inc. (BGS): Free Stock … Not So Far. “The only places where we continue to see things being impacted is more fine dining, but the QSR space has been very strong.”The turnaround boosted the meat industry, which was initially roiled by lower sales to restaurants. Will Sanderson Farms (SAFM) Report Negative Earnings Next Week? (Bloomberg) -- American meatpackers are benefiting from one bright spot in the restaurant industry during the pandemic: fast-food sales.With most restaurants closed or operating at reduced capacity, customers have flocked to places including McDonald’s and Burger King, where they can simply drive through to grab food. CARES Act tax benefit, Sanderson Farms Q2 EPS 28 cents vs. $1.83 a year ago, Sanderson Farms upgraded to overweight from neutral at J.P. Morgan, Sanderson Farms stock price target cut to $140 from $190 at CFRA, Sanderson Farms price target lowered to $140 from $190 at CFRA, Sanderson Farms turns surprise profit, sales beat, Sanderson Foods tops earnings expectations despite COVID-19 restrictions on restaurants. Those include testing facilities, air purification system, expansion of break and lunch rooms and adding new employees whose sole job is to ensure social distancing and sanitation practices are implemented correctly.“We have also implemented leave programs to ensure that employees in high-risk categories can remain at home with pay,” she said.People are working more extra hours and Saturdays, and since the lines can’t go the same speed with fewer people, what used to take about 16 hours now takes 20, according to Mark Lauritsen, director of food processing, packing and manufacturing at the United Food and Commercial Workers union, which represents 1.3 million workers in the U.S. and Canada. Sanderson Farms's current share price divided by its per-share earnings (EPS) over a 12-month period gives a … These stocks, which have exhibited resilience during this year’s COVID-19 pandemic--not simply maintaining their operations but improving them--may be good investments if they deliver impressive numbers. However, reduced foodservice demand amid the pandemic is a concern. (Bloomberg) -- Meat packers across North America are bracing for a resurgence of coronavirus cases, trying to avoid the shutdowns that left supermarket shelves empty earlier in the pandemic.Cargill Inc. has temporarily idled one of its beef plants in Canada after some employees tested positive, and will keep the plant shut at least through next week. Of up to get started at least 15 minutes or per exchange.... Currently priced at $ 126.91 a share fiscal 2019 improves year over year ' stock is owned by different... 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