Smithfield Foods

For a holiday-shorted week, there will still be plenty for investors and analysts to mull over on the earnings front. Quarterly results from global tech company Hewlett-Packard (NYSE: HPQ), farm and construction equipment maker Deere & Co. (NYSE: DE) and food companies Campbell Soup (NYSE: CPB...

Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Market-driven sell-offs provide a perfect opportunity for investors who have faith in a company...

Altera (NASDAQ: ALTR) and Kroger (NYSE: KR) are the only S&P 500 components currently on the schedule to report earnings this holiday-shortened week. Analysts on average expect the semiconductor maker to post earnings that are a nickel per share lower than a year ago. But earnings of the...

Altera (NASDAQ: ALTR) and Kroger (NYSE: KR) are the only S&P 500 components currently on the schedule to report earnings this holiday-shortened week. Analysts on average expect the semiconductor maker to post earnings that are a nickel per share lower than a year ago. But earnings of the...

The earnings season may be winding down, along with the summer, but this week will bring some more quarterly reports from retailers. Here's a quick rundown of what analysts expect to see from them. Bebe Stores (NASDAQ: BEBE): EPS up 50.0% to $0.04 (reports Thursday) Express (NYSE: EXPR): EPS up 46...

Morgan Stanley reiterated its Equal-Weight rating on Smithfield Foods (NYSE: SFD). At the moment, Morgan Stanley does not have a price target placed on the company's stock. On Friday, Smithfield added 0.41% to its value to close the week at $21.87.

Jefferies is out with its report today on Smithfield Foods (NYSE: SFD), raising its PT from $24 to $25. In a note to clients, Jefferies writes, "Raising PT to $25 from $24. Our $25 PT equates to a 7x EV/EBITDA. We believe the multiple, which is below the 5-year mean of 8.4X, is appropriate given...

Morgan Stanley reiterated its Equal-rating on Smithfield Foods (NYSE: SFD) in spite of slashing its earnings per share estimates. In a research report published today, Morgan Stanley states, "We are retaining our Equal-weight rating and lowering our F2011 EPS from $2.15 to $1.70. While...

Goldman Sachs is out with its report today on Smithfield Foods (NYSE: SFD), maintaining Neutral. In a note to clients, Goldman Sachs writes, "We remain on the sidelines in SFD as we expect shares may follow-through to the upside in coming weeks as hog prices remain seasonally elevated. We see a...

Jefferies & Company has raised the price target on Smithfield Foods (NYSE: SFD) from $24 to $25 and maintains its Buy rating.

Jefferies reiterated its Buy on Smithfield Foods (NYSE: SFD). At the same time, Jefferies lowered its price target on the company's stock from $26 to $24. In a research report published today, Jefferies stressed that Smithfield's traders are currently undervalued, in spite of the company's problems...

Bank of America reiterated its Underperform rating on Smithfield Foods (NYSE: SFD). at the same time, Bank of America left its price target on the company's stock unchanged at $20. In a research report published today, Bank of America provided some color on the company's Q1 earnings report, which...

JP Morgan has lowered the price target on Smithfield Foods (NYSE: SFD) from $23 to $20 and maintains its Neutral rating.

Estimated industry losses have moderated some recently, due to an improvement in breast meat pricing, BB&T Capital reports. “We do not believe that demand has ticked up materially, but rather, that lower slaughter and weight reductions have started to positively impact the market,” BB&T...

Morgan Stanley is out with its report today on Smithfield Foods (NYSE: SFD), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "We remain Equal-weight after the USDA released its Quarterly Hogs and Pigs report, which we expect to be slightly bearish lean hogs. While Smithfield...