Meat Products
(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, including $3.1...
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(HOGS) Zhongpin Inc – Revenue Surged 116% in the Third Quarter
Zhongpin Inc. (HOGS) saw revenues soar 116% to a new record in the third quarter as the company continues to expand pork production. HOGS has surprised on estimates 3 out of the last 4 quarters on average of 7.25%. The company is cheap. HOGS is trading at only 5.7x forward earnings. Company...
20Nov2008 | Shawn | 0 comments | Continued(HOGS) – Zhongpin Inc – PEG ratio is approximately 0.26, a significant discount to the industry average of 1.2
Zhongpin Inc. (HOGS) just raised earnings guidance and it trading at a bargain PEG ratio of just 0.26. The company hopes to build off of a second quarter as one of its newest plants is already contributing to revenue.Company Description Zhongpin is a Chinese-based meat and food...
24Oct2008 | Shawn | 0 comments | Continued(HOGS) – Zhongpin Inc – PEG ratio is approximately 0.26, a significant discount to the industry average of 1.2
Zhongpin Inc. (HOGS) just raised earnings guidance and it trading at a bargain PEG ratio of just 0.26. The company hopes to build off of a second quarter as one of its newest plants is already contributing to revenue.Company Description Zhongpin is a Chinese-based meat and food...
17Oct2008 | Shawn | 0 comments | Continued(HOGS) – Zhongpin Inc – PEG ratio is approximately 0.26, a significant discount to the industry average of 1.2
Zhongpin Inc. (HOGS) just raised earnings guidance and it trading at a bargain PEG ratio of just 0.26. The company hopes to build off of a second quarter as one of its newest plants is already contributing to revenue.Company Description Zhongpin is a Chinese-based meat and food...
15Oct2008 | Shawn | 0 comments | Continued(HOGS) – Zhongpin Inc – PEG ratio is approximately 0.26, a significant discount to the industry average of 1.2
Zhongpin Inc. (HOGS) just raised earnings guidance and it trading at a bargain PEG ratio of just 0.26. The company hopes to build off of a second quarter as one of its newest plants is already contributing to revenue.Company Description Zhongpin is a Chinese-based meat and food...
14Oct2008 | Shawn | 0 comments | Continued