Headlines about Sanderson Farms (NASDAQ:SAFM) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sanderson Farms earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.6565659794135 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media headlines that may have effected Accern’s rankings:

Sanderson Farms (NASDAQ SAFM) traded down $3.64 during trading hours on Tuesday, hitting $143.13. 625,800 shares of the stock were exchanged, compared to its average volume of 462,389. Sanderson Farms has a 12 month low of $87.54 and a 12 month high of $176.43. The company has a market cap of $3,271.08, a price-to-earnings ratio of 11.70 and a beta of 0.61.

Sanderson Farms (NASDAQ:SAFM) last posted its quarterly earnings data on Thursday, December 14th. The company reported $3.20 EPS for the quarter, missing the Zacks’ consensus estimate of $3.50 by ($0.30). Sanderson Farms had a net margin of 8.34% and a return on equity of 20.97%. The firm had revenue of $919.90 million during the quarter, compared to the consensus estimate of $916.07 million. During the same period in the prior year, the company posted $3.36 earnings per share. The company’s revenue for the quarter was up 16.3% compared to the same quarter last year. analysts expect that Sanderson Farms will post 10.66 earnings per share for the current fiscal year.

A number of research firms have weighed in on SAFM. BMO Capital Markets reissued a “hold” rating and set a $140.00 target price on shares of Sanderson Farms in a report on Monday. Zacks Investment Research lowered shares of Sanderson Farms from a “buy” rating to a “sell” rating in a report on Thursday, October 26th. J P Morgan Chase & Co reissued a “neutral” rating and set a $129.00 target price (up from $112.00) on shares of Sanderson Farms in a report on Thursday, August 24th. Barclays set a $136.00 target price on shares of Sanderson Farms and gave the stock a “hold” rating in a report on Friday, August 25th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $170.00 price objective (up from $145.00) on shares of Sanderson Farms in a research note on Monday, September 25th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $137.80.

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About Sanderson Farms

Sanderson Farms, Inc is a poultry processing company. The Company is engaged in the production, processing, marketing and distribution of fresh and frozen chicken, and also preparation, processing, marketing and distribution of processed and minimally prepared chicken. It sells ice pack, chill pack, bulk pack and frozen chicken, in whole, cut-up and boneless form, under the Sanderson Farms brand name to retailers, distributors, casual dining operators, customers reselling frozen chicken into export markets.

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