It is Poised to be a Bull Market for Smithfield Foods, Inc (SFD)

With 1.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.14 million shares. During the session, the Farm Products company that operates in wider Consumer Defensive sector, reached to the highest price of $19.9399 whereas the lowest price it dropped to was $18.8. The 52-week range on SFD shows that it touched its highest point at $22.03 and its lowest point at $18.43 during that stretch. It currently has a 1-year price target of $27.71.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SFD was down-trending over the past week, with a drop of -4.35%, but this was down by -10.31% over a month. For the next quarter, that number is 0.45. This implies an EPS growth rate of 15.67% for this year and 4.14% for next year.

Float and Shares Shorts:

At present, 380.07 million SFD shares are outstanding with a float of 24.57 million shares on hand for trading. On 2025-02-28, short shares totaled 3.21 million, which was 21.0 higher than short shares on 1738281600. In addition to Mr. C. Shane Smith as the firm’s President, CEO & Director, Mr. Mark L. Hall serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.0 of SFD’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2016-10-02, SFD reported revenue of $3998000000.0 and operating income of -$118000000.0.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With SFD analysts setting a high price target of 32.0 and a low target of 23.0, the average target price over the next 12 months is 27.625. Based on these targets, SFD could surge 67.19% to reach the target high and rise by 20.17% to reach the target low. Reaching the average price target will result in a growth of 44.33% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Based on analyst estimates, the high estimate for the next quarter is $0.67 and the low estimate is $0.53. The average estimate for the next quarter is thus $0.6.