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Sanderson Farms (SAFM) Surges: Stock Moves 6.8% Higher

Sanderson Farms, Inc.SAFM was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company-as the stock is now down 3.6% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Sanderson Farms currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Sanderson Farms, Inc. Price

Sanderson Farms, Inc. Price | Sanderson Farms, Inc. Quote

Investors interested in the Consumer Staples sector may consider Scholastic Corporation SCHL , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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