Smithfield Foods Inc trades in the stock market as ticker SFD. Business Summary & Profile For Smithfield Foods Inc.

Smithfield Foods Inc

Smithfield Foods, Inc., together with its subsidiaries, engages in the production and marketing of fresh meat and packaged meats products in the United States and internationally. The company involves in the production of hog; and produces various fresh pork, beef, poultry, and packaged meats products. It sells fresh pork to retail customers as unprocessed and trimmed cuts, such as butts, loins, picnics, and ribs; packaged meats products, including smoked and boiled hams, bacon, sausage, hot dogs, and deli and luncheon meats; specialty products, such as pepperoni and dry meat products; and ready-to-eat prepared foods comprising pre-cooked entrees, and pre-cooked bacon and sausages. The company offers its products to supermarket chains; wholesale distributors; the foodservice industry, including fast food, restaurant and hotel chains, hospitals, and other institutional customers; export markets; and other further processors. It sells its products through its salespersons and independent commission brokers. Smithfield Foods, Inc. was founded in 1961 and is headquartered in Smithfield, Virginia.
www.smithfieldfoods.com
46,350 Employees
Last Reported Date: 06/17/11
Founded in 1961
LAST $23.38 USD
CHANGE TODAY +0.175 0.75%
VOLUME 565.7K
As of 12:49 PM 02/23/12 All times are local (Market data is delayed by at least 15 minutes).

Snapshot of SMITHFIELD FOODS INC (SFD)

OPEN
$23.26
PREVIOUS CLOSE
$23.20
DAY HIGH
$23.38
DAY LOW
$23.00
52 WEEK HIGH
12/8/11 - $25.12
52 WEEK LOW
09/22/11 - $17.79
MARKET CAP
3.8B
AVERAGE VOLUME 10 D
1.8M
EPS TTM
$3.23
SHARES OUTSTANDING
161.0M
SFD Does Not Pay Dividends
P/E TTM
7.2x
K = Thousands  M = Millions  B = Billions

related news for SMITHFIELD FOODS INC (SFD)

Early Glance: Food companies
Final Glance: Food companies
Midday Glance: Food companies
Early Glance: Food companies
Final Glance: Food companies

related news for SMITHFIELD FOODS INC (SFD)

David Chang: Beyond Momofuku
Best Plays in a Tricky Junk-Bond Market
Smithfield: Not Living So High on the Hog
Stock Indexes Advance

Key developments for SMITHFIELD FOODS INC (SFD)

Melvin O. Wright Resigns as Director of Smithfield Foods Inc

On February 3, 2012, Mr. Melvin O. Wright submitted his resignation as a director of Smithfield Foods Inc., as previously planned, after successfully transitioning his responsibilities as Chair of the Pension and Investment Committee of the Board of Directors. Mr. Wright has been appointed to the position of Director Emeritus.

Smithfield Foods Inc. and Richard Petty Motorsports LLC Enters into Multiyear, Integrated Partnership

Smithfield Foods Inc. and Richard Petty Motorsports LLC announced that the consumer packaged foods company has entered into a multiyear, integrated partnership with the legendary Richard Petty Motorsports NASCAR team starting in 2012. As part of its agreement with Richard Petty Motorsports, Smithfield will be utilizing a number of its core brands as well as unique and engaging promotional initiatives throughout this racing season to communicate with existing customers and introduce others to the company's many fine products.

Smithfield Foods Inc. Reports Un-Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended October 31, 2011; Provides Earnings Guidance for the Full Year of 2012

Smithfield Foods Inc. reported un-audited consolidated earnings results for the second quarter and six months ended October 31, 2011. For the quarter, the company reported sales of $3.3 billion, up 10% from $2.99 billion, resulting from higher average unit selling prices and volumes in the Pork segment. The company reported net income of $120.7 million or $0.74 per diluted share compared to net income of $143.7 million or $0.86 per diluted share last year. For the second quarter, EPS of $0.74 included a $0.02 per diluted share charge for the early extinguishment of debt. Excluding this charge, adjusted EPS was $0.76 on a non-GAAP basis. Last year's second quarter included a number of noteworthy items which, when adjusted, resulted in non-GAAP EPS of $0.80 per diluted share. The company reported operating profit of $224.7 million compared to $278.1 million and income before income taxes of $174.1 million compared to $205.3 million for the last year. For the six months, the company reported net income of $202.8 million or $1.23 per diluted share on sales of $6.41 billion compared to net income of $220.0 million or $1.32 per diluted share on sales of $5.90 billion last year. The company reported operating profit of $397.9 million compared to $455.7 million and income before income taxes of $298.0 million compared to $314.3 million for the last year. The company used cash flow in the first six months of this fiscal year to continue to improve the balance sheet and invest in opportunities to create shareholder value. The company expects full-year effective tax to be between 32 and 34%. It anticipates full-year depreciation to be around $250 million. Full-year CAPEX are estimated to be approximately $300 million, exceeding depreciation as well as 2011s spending rate as it invests strong cash flow in building its packaged meats capabilities and other internal opportunities.

SFD Competitors

Company Last Change
Hormel Foods Corp $28.44 USD -0.60
Overhill Farms Inc $4.43 USD +0.08
Pilgrim's Pride Corp $6.24 USD +0.15
Sanderson Farms Inc $49.46 USD +0.73
Tyson Foods Inc $18.77 USD +0.08
Market data is delayed at least 15 minutes.
 

Industry Analysis

Valuation SFD Industry Range
Price/Earnings 7.7x
Price/Sales 0.3x
Price/Book 1.1x
Price/Cash Flow 7.4x
TEV/Sales 0.1x

SFD

 | 

SFD transactions

Type
Date
Target
No transactions in the last 6 months.
Smithfield Foods' CEO Discusses F2Q 2014 Results - Earnings Call Transcript
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Smithfield Foods to File Quarterly Report on Form 10-Q on December 6 and Host Conference Call December 23
[at noodls] - SMITHFIELD, Va., Dec. 5, 2013 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. announced today that the company intends to file its Quarterly Report on Form 10-Q for the period ended October 27, 2013 with the ...
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[at USA TODAY] - China firm's purchase of Smithfield Foods is latest in long series of brand acquisitions.
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Smithfield Foods Launches Futuristic "Smithfield DIGITAL" App in Conjunction With 2013 Integrated Report and Receives GRI "A" Rating
[at noodls] - SMITHFIELD, Va., Nov. 5, 2013 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. today unveiled its new "Smithfield DIGITAL" app. The app was launched in conjunction with its 2013 Integrated Report, ...
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SMITHFIELD FOODS INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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Smithfield Foods closes sale to China's Shuanghui
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SMITHFIELD FOODS INC Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Creation of a Direct Fin
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Sun Merger Sub, Inc -- Moody's downgrades Smithfield to B1 on leveraged sale
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The Zacks Analyst Blog Highlights: AT&T, Verizon Communications, Atlantic Tele-Network, Leap Wireless International and Smithfield Foods
[Zacks] - The Zacks Analyst Blog Highlights: AT&T, Verizon Communications, Atlantic Tele-Network, Leap Wireless International and Smithfield Foods
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Write Comment Create Account
Subject Author
SFD stock value based on fundamentals
PEG Ratio (avg. for comparison categories) 0.76 means SFD true value is $29.14. This is one stock...
buylowsellhighforgains
Why so low?
Why is this company trading below book value? Is the future outlook that bleak? Or am I overlookin...
orb85750
March 8 VERY VERY WELL March 20 selling options
Mar 20, 2012 POPE C LARRY Officer 50,000 Direct Option Exercise at $21 per share. 1,050,000 Mar 2...
grinderepos
pension costs
in FY 2011 they used discount rate of 6% and expected return of 8%. Had they used 3% and 6%, I esti...
algo41
Expect $17.70 on Friday and $18 puts in the $$ by COB Friday
WHY?? Fraud and manipulation and a useless SEC....
grassgettinggreener
CEO March 8 The business is performing very, very well.
Great job by the ceo. Missed earnings pretty bad, but he is praising himself just in March. Hello...
grinderepos
Never Trust This CEO Again
Horrible news. Despite the optimistic view of the CEO on the outlook he gave for the quarter, earni...
bu7542003
looks like
stock buyback is working. should have bought last week.....up 10% since the news...
cbblovvs
pension costs: new 10k update
they dropped rate of return from 8.0% to 7.75%, and discount rate for annual pension cost from 6.0% ...
algo41
Insider buying reported recently
<a href="http://www.prontosec.com/secdata/companyReportsSearchPage.htm" rel="nofol...
DehPret
Salaries - couldn't believe what
execs get paid!!!! Was thinking of buying till I saw that. Unbelievable. No pun intended, but the ...
megrfromterrace
Forget hillshire
big debts got this company into big trouble before. No more..... said the packaging business was doi...
grinderepos
Decline Grain Related?
What else could it be?...
ryan_hill10
Try the "Ye Olde Smitty Inn" yall
WOW, I gotta take a few days off and file a flight plan to get on down to Smithfield, VA. Hear they...
jetcrazy747
have you given consideration to raising your guidance? The answer is yes
&lt;&lt;&lt;Iâm going to say it again more than once that I hope you took note t...
grinderepos
Only folks making any money in this OINKER=Execs
No dividend, falling stock price, but big shots keep raking in the dough. What&#39;s up with th...
oceanbreeze7us
Not looking so good for SFD...
The drought is not relenting-this is definitely going to affect SFD&#39;s bottom line and margin...
petelato
When will SFD raise pork prices?
Does SFD have no pricing power? If not now, when will SFD have it and raise prices on pork? I se...
dontdropyourlunch
Food stamps help the industry
Ryan,if he is elected, will cut them hurting the farmers and food industry....
montana_lark
Protein supply / demand scenario
2012 1) Drought results in less grains as well as hay, alfalfa and good pasture. 2) Cattlemen lack...
netlosstoo
So why do you own this company?
Appears to be quite the mediocrity. You can&#39;t find a better place to invest your dollars?...
orb85750
Director buys shares
Crowder bought 2000 shares at an average of $20.13/share last week.<br /> <br /> insider...
o08o.ugh64w
Smithfield Foods Reports First Quarter Results
Smithfield Foods Reports First Quarter Results <br /> <br /> SMITHFIELD, Va., Sept. 4, 2...
bluecheese4u
Insider buy
SFD Smithfield Foods Inc Nelson David C. 2012-09-28 B 5,000 $19.56 $97,800 This is si...
jimgggg
Strong action
SFD has been showing support around 18.83 and resistance in the 20.90 price range. It is rated a str...
agaltpwp

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