While Smithfield Foods, Inc has overperformed by 1.99%, investors are advised to look at stock chart patterns for technical insight.
On February 24, 2025, UBS started tracking Smithfield Foods, Inc (NASDAQ: SFD) recommending Buy. A report published by Morgan Stanley on February 24, 2025, Initiated its previous ‘Overweight’ rating for SFD. Goldman also rated SFD shares as ‘Buy’, setting a target price of $32 on the company’s shares in an initiating report dated February 24, 2025. Exane BNP Paribas Initiated an Neutral rating on February 24, 2025, and assigned a price target of $23. Citigroup initiated its ‘Buy’ rating for SFD, as published in its report on February 24, 2025. BofA Securities’s report from February 24, 2025 suggests a price prediction of $28 for SFD shares, giving the stock a ‘Buy’ rating. Barclays also rated the stock as ‘Overweight’.
Analysis of Smithfield Foods, Inc (SFD)
Further, the quarter-over-quarter decrease in sales is -100.00%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Smithfield Foods, Inc’s future performance, with equity being one of the most critical indicators. Taking into account the quick ratio of the company, currently set at 0.97, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and SFD is recording an average volume of 1.52M. On a monthly basis, the volatility of the stock is set at 3.74%, whereas on a weekly basis, it is put at 4.42%, with a loss of -1.36% over the past seven days. Furthermore, long-term investors anticipate a median target price of $27.50, showing growth from the present price of $21.01, which can serve as yet another indication of whether SFD is worth investing in or should be passed over.
How Do You Analyze Smithfield Foods, Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 93.75%. This can enable you to see the extent to which executives own the company’s stock.
