What analysts say:
- Buy, sell, or hold?: Analysts strongly back Smithfield Foods, with eight of 14 rating it a buy and the remainder rating it a hold. Analysts don't like Smithfield Foods as much as competitor Pilgrim's Pride overall. Wall Street has warmed to the stock over the past three months, with analysts increasing their endorsement from hold to moderate buy.
- Revenue forecasts: On average, analysts predict $3.21 billion in revenue this quarter. That would represent a rise of 7% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.69 per share. Estimates range from $0.48 to $0.95.
What our community says:
CAPS All-Stars are solidly backing the stock with 86% giving it an outperform rating. The community at large backs the All-Stars with 83.8% awarding it a rating of outperform. Fools are keen on Smithfield Foods and haven't been shy with their opinions lately, logging 116 posts in the past 30 days. Despite the majority sentiment in favor of Smithfield Foods, the stock has a middling CAPS rating of three out of five stars.
Revenue has now gone up for three straight quarters.
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