What analysts say:
- Buy, sell, or hold?: Analysts strongly back Smithfield Foods, with seven of 13 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. While analysts still rate the stock a moderate buy, they are a little more optimistic about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $3.5 billion in revenue this quarter. That would represent a rise of 9.7% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.67 per share. Estimates range from $0.56 to $0.79.
What our community says:
CAPS All-Stars are enthusiastically backing the stock, with 85.5% giving it an "outperform" rating. The greater community is in line with the All-Stars, as 83.8% give it a rating of "outperform." Despite the majority sentiment in favor of Smithfield Foods, the stock has a middling CAPS rating of three out of five stars.
Smithfield Foods' income has fallen year-over-year by an average of more than fivefold over the past five quarters. Revenue has now gone up for three straight quarters.
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