Meat Products
(SFD) Smithfield Food – Bull of the Day
Smithfield Food (SFD) has delivered strong second quarter 2012 earnings of $0.76 per share, surpassing the Zacks Consensus Estimate by $0.07. The result was driven by strong fresh pork earnings and robust exports despite higher raw material costs. Further, management has undertaken...
21Dec2011 | vitalstocks | 0 comments | Continued(SFD) Smithfield Foods – Bull of the Day
Smithfield Foods (SFD) has delivered strong second quarter 2012 earnings of $0.76 per share, surpassing the Zacks Consensus Estimate by $0.07. The result was driven by strong fresh pork earnings and robust exports despite higher raw material costs. Further, management has undertaken...
20Dec2011 | vitalstocks | 0 comments | Continued(HRL) Snack-On: Hormel in the Menu
According to New York Times- Americans eat 31% more packaged food than fresh food and they consume more packaged food per person than their counterparts in nearly all other countries. A sizable part of the American diet is ready-to-eat meals, like frozen pizzas and microwave...
30Nov2011 | vitalstocks | 0 comments | Continued(TSN) Tyson Foods Settles Wage Dispute with Workers
Tyson Foods Inc. (TSN), the world’s leading producer, distributor, and marketer of chicken, beef, pork, and prepared food products, has decided to give up $32 million in order to settle a wage dispute with workers who claimed that they were being paid less than they actually...
21Sep2011 | vitalstocks | 0 comments | Continued(SFD) Smithfield to Explore Packaged Meat
Following the pull out from the acquisition deal of Spain’s Campofrio Food Group SA in June, Smithfield Foods Inc. (SFD) is now looking for potential opportunities in packaged-meats such as in smoked ham, bacon and frozen meatballs in an effort to enhance its brand value in...
28Jun2011 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Bull of the Day
We upgrade our recommendation on Hormel Foods (HRL) from Neutral to Outperform based on the expectations of an increase in market demand and food prices in future. Hence, the first quarter and fiscal 2011 Zacks estimate went up by $0.09 and $0.15 per share, respectively. With...
27Dec2010 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation Raises Earnings Guidance
Hormel Foods Corporation (HRL) posted strong results for the second quarter of fiscal 2010 with an EPS of 67 cents, up from 59 cents in the year-ago quarter. Reported EPS surpassed the Zacks Consensus Estimate by 6 cents. Net income stretched 13.6% year over year to $91.3 million...
24May2010 | vitalstocks | 0 comments | Continued(HOGS) Zhongpin Incorporated – Revenue Grows 32.8%
Zhongpin Inc. (HOGS) recently reported first quarter results and grew revenue by 32.8% even as hog and pork prices fell 10%. Zhongpin is a Chinese meat and food processing company specializing in pork and pork products, vegetables and fruits. It operates 3,000 retail outlets...
17May2010 | vitalstocks | 0 comments | Continued(TSN) Tyson Foods Incorporated – Bull of the Day
Tyson Foods Inc. (TSN) reported better-than-expected first-quarter 2010 results. The company earned $0.42 per share (excluding special items), beating the Zacks Consensus estimate by $0.08. The strong performance in the quarter was mainly driven by the Chicken segment. The strong...
6May2010 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Announces Plant Closure
Hormel Foods Corporation (HRL) has announced the closure of its Turlock, California plant by October 29, 2010. The plant produces VALLEY FRESH canned meats. The closure is expected to costs 5 cents per share, which will be included in the second quarter of fiscal 2010 EPS. The...
21Apr2010 | vitalstocks | 0 comments | Continued(TSN) Don’t Be Chicken to Buy Tyson
When I begin to search for new stocks I always begin the same way using Barchart to run a list of the stocks having recent price appreciation and then sorting for the stocks that have had the most frequent price appreciations in the last 20 trading sessions. I then run through...
16Feb2010 | Shawn | 0 comments | Continued(TSN) Tyson Foods Beats Consensus Estimates
Tyson Foods Inc. (TSN) reported results for the first quarter of fiscal 2010 with earnings of 42 cents per share. Earnings were well above the Zacks Consensus Estimate of 18 cents, and were up compared to a net loss of 27 cents per share in the prior-year quarter. Revenue for...
5Feb2010 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation Coverage Initiated at Neutral
We have recently initiated coverage on Hormel Foods Corporation (HRL), a leading manufacturer and marketer of various meat and food products, as Neutral. Hormel has strengthened its position through acquisitions, which is expected to be its fundamental growth strategy in the...
21Jan2010 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Acquires Country Crock From Unilever
Hormel Foods Corporation (HRL) has entered into a definitive agreement to acquire the Country Crock chilled side dish line from Unilever United States Inc., of Englewood Cliffs, N.J. The transaction is expected to close by February 2010. However, the terms were not disclosed. The...
19Jan2010 | vitalstocks | 0 comments | Continued(HOGS) Zhongpin Incorporated – Government Subsidies to Aide Expansion
Zhongpin Inc. (HOGS) has been expanding its operations in China by building a new pork plant in Tianjin and a new food oil plant in Changge in the Henan province. The pork producer has received cash subsidies from the Chinese government to aid in the expansion Incorporatedluding...
28Dec2009 | vitalstocks | 0 comments | Continued(BCPC) Belchem Corporation – Earnings Per Share Up 44%
Balchem Corp (BCPC) shares continue to set new 52-week highs as estimates climb. Analysts are projecting double-digit growth for the next 2 years. Company Description Balchem operates in 3 segments; ARC Specialty Products; Food, Pharma and Nutrition; and Animal Nutrition and...
16Dec2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Annual Dividend was Raised 10.5%
Hormel Foods Corporation (HRL), the manufacturer of food and meat products including SPAM, Hormel and Dinty Moore brands, recently raised its dividend for the 44th straight year. The company has been paying a dividend, without interruption, since it went public in 1928. The annual...
30Nov2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation Earnings Rise 54%
Yesterday, Hormel Foods Corp. (HRL) reported heartening performance for the fourth quarter and fiscal year 2009. During the fourth quarter of 2009, the company reported EPS of 77 cents, up 54% from 50 cents per share in the same quarter of 2008. It was also above the Zacks Consensus...
25Nov2009 | vitalstocks | 0 comments | Continued(TSN) Tyson Foods’ Earnings Top Expectations
Tyson Foods Inc. (TSN) reported a net loss of $1.22 per share for the fourth quarter of fiscal 2009. This includes a goodwill impairment charge of $1.50 per share in its Beef segment. Excluding the one-time charge, quarterly earnings were 28 cents per share, compared to the Zacks...
23Nov2009 | vitalstocks | 0 comments | Continued(HOGS) Zhongpin Inc. – Trading at a Discount? – ROE of 20%, Almost Double Industry Average
Zhongpin Inc. (HOGS) reported double-digit increases in revenue and earnings in the past quarter as estimates continue to rise. Company Description Zhongpin produces and processes pork, vegetables, and fruit products in China. The company had developed refrigeration systems that...
13Oct2009 | vitalstocks | 0 comments | Continued(SFD) Smithfield Foods Looses More Than Double the Prior-Year Same Quarter
SmithField Foods Inc. (SFD), producer and marketer of fresh and packaged meat products in the U.S. and internationally, reported results for its first quarter of fiscal 2010 with a net loss of 56 cents per share. The loss was a penny higher than the Zacks Consensus Estimate of...
8Sep2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation Earnings up 50% Quater Over Quarter
Hormel Foods Corporation (HRL), the food and meat products manufacturer which owns well-known consumer brands such as Jennie-O, SPAM, Hormel, and Dinty Moore, on Aug 20 beat the Zacks Consensus Estimate in the third quarter by 9.62% as consumers continue to eat more meals at...
8Sep2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Reports Modest Results – 57 Cents which beat consensus of 50 cents
Hormel Foods Corp. (HRL) reported modest earnings for the third quarter with earnings of 57 cents per share, which was above the Zacks Consensus Estimate of 50 cents. Quarterly earnings were up considerably from the 38 cents reported in the prior-year quarter. Net sales for the...
20Aug2009 | vitalstocks | 0 comments | Continued(SAFM) Sanderson Farms Inc. – Momentum – Zacks Rank Buy
Sanderson Farms Inc. (SAFM) is benefiting from lower costs in its feed supplies, enabling the company to more than triple its second-quarter income from last year. Analysts are bullish, with the next-year estimate projecting 25% earnings growth. Company Description Sanderson...
13Jun2009 | vitalstocks | 0 comments | Continued(HOGS) Zhongpin Inc. – Value – Zacks Rank Buy
Zhongpin Inc. (HOGS), the China-based meat and food processing company, grew revenue by 41.5% in the first quarter and continued to surprise on estimates despite tough economic conditions. The stock is still cheap, trading at just 5.8x forward earnings. Zhongpin distributes pork,...
1Jun2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Value – Zacks Rank Buy
Hormel Foods Corporation (HRL), the manufacturer of various food and meat products, reported second quarter results on May 21 that surprised on analysts’ estimates by 18% as SPAM sales surged. Earnings per share for the quarter were 59 cents compared to 56 cents in the...
26May2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Value – Zacks Rank Buy
Hormel Foods Corporation (HRL), the food and meat products manufacturer, has surprised on estimates 5 out of the last 6 quarters. The 118-year old company recently announced its 323rd dividend payout. HRL is trading at 12.12x forward earnings. Company Description Hormel Foods...
29Apr2009 | vitalstocks | 0 comments | Continued(HOGS) Zhongpin Inc. – Value – Zacks Rank Buy
Zhongpin Inc. (HOGS), the Chinese-based meat and food processing company that handles pork as well as fruits and vegetables, announced fiscal year 2009 guidance on Feb 9 that was higher than analysts’ estimates. The company expects revenue in the range of $780 million to...
9Mar2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Value – Zacks Rank Buy
Hormel Foods Corporation (HRL), the maker of SPAM and Dinty Moore stews, is seeing consumers flock to its stay-at-home canned meats and food products as dining out becomes unfashionable. The company has surprised on estimates 3 out of the last 4 quarters by an average of 7.88%....
27Feb2009 | vitalstocks | 0 comments | Continued(HOGS) Zhongpin – Shares are currently trading at good valuations with a P/E ratio of 10.7
Zhongpin, Inc. (HOGS) continue to shows excellent growth rates as analysts upwardly revise their estimates. Shares are trading hands at an incredible value. Company Description ZHONGPIN INC. is a U.S. publicly traded meat and food processing company that specializes in pork and...
30Dec2008 | Shawn | 0 comments | Continued