Seaboard (NYSEAMERICAN:SEB – Get Free Report) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.
Seaboard Stock Performance
Shares of NYSEAMERICAN SEB traded down $4.70 during trading on Wednesday, hitting $3,094.36. The stock had a trading volume of 2,238 shares, compared to its average volume of 1,838. Seaboard has a 12 month low of $2,955.33 and a 12 month high of $3,850.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.45 and a quick ratio of 1.47. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 12.86 and a beta of 0.35.
Seaboard (NYSEAMERICAN:SEB – Get Free Report) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $62.82 earnings per share for the quarter. The company had revenue of $2.21 billion for the quarter. Seaboard had a net margin of 3.01% and a return on equity of 5.69%.
Hedge Funds Weigh In On Seaboard
About Seaboard
Seaboard Corporation, together with its subsidiaries, operates as an agricultural and ocean transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey. The Pork segment produces and sells pork products to further processors, food service operators, grocery stores, and distributors; hogs; and biodiesel.
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