Equity Research Report Longda Meat Foodstuff (002726 CH) Turned Around in 2024, Operating Optimization Taking Effect | | | Longda Meat Foodstuff's 2024 revenue/attributable net profit (NP)/recurring NP were RMB10,990/21.62/-58.21mn (-17.49/+101.41/+95.73% yoy), with 4Q24 revenue/attributable NP at RMB2,976/-51.42mn (-7.37/+94.22% yoy, +0.19/-445.39% qoq). For 1Q25, revenue/attributable NP were RMB2.55bn/4mn (+1.0/-86% yoy, -14%/turning positive qoq). Longda implemented cost reduction and operational efficie ...

Investors in Tyson Foods, Inc. (TSN) need to pay close attention to the stock based on moves in the options market lately. That is because the June 20, 2025 $35.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could als ...

Q1 2025 Earnings Presentation Icahn Enterprises L.P. May 7, 2025 1 Safe Harbor Statement Forward-Looking Statements and Non-GAAP Financial Measures The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements we make in this presentation, including statements regarding our future performance and plans for our businesses and potential acquisitions. Forward-looking statements may be identified by words such as "believes," "expects," "potential," "continues," "ma ...

Core Insights - Tyson Foods Inc (NYSE:TSN) experienced a 9.5% decline in stock price, trading at $54.99, despite reporting better-than-expected fiscal second-quarter earnings driven by strong chicken sales, although profits decreased year-over-year [1] - The company is facing its worst daily percentage drop since May 2023, with stock prices at their lowest since January 2023, and trading below all short- and long-term trendlines [2] - Analysts have not yet provided commentary on the results, but the majority hold a "hold" rating, with a consensus 12-month price target of $66.49, which is significantly above current trading levels [3] Financial Performance - Fiscal second-quarter earnings exceeded expectations, primarily due to robust chicken sales, but overall revenue fell short of estimates [1] - Profits for the quarter decreased compared to the same period last year [1] Market Activity - The stock is currently below all moving averages from 20 to 320 days, indicating a bearish trend [2] - Options trading shows a significant increase in activity, with 2,418 calls and 6,454 puts traded, which is 3.6 times the average daily options volume [2] Analyst Ratings - Seven analysts currently cover Tyson Foods, with a majority rating the stock as "hold" and only two providing a "buy" rating [3] - The consensus price target of $66.49 suggests a premium compared to the current stock price [3]

Pilgrim's Pride Corporation (PPC) is set to release its first-quarter 2025 earnings on April 30 after the market closes.Although the consensus mark for first-quarter earnings has moved down by a penny over the last seven days, the projection indicates a considerable increase of 63.6% from the year-ago quarter’s reported figure. (Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.)Pilgrim's Pride has a trailing four-quarter average earnings surprise of 25.7%. In the last reported quarte ...

Core Viewpoint - The beef market in China has experienced a significant rebound in 2025 after a drastic decline in 2024, with prices rising sharply due to various factors including tax policy changes, domestic supply constraints, and increased consumer demand [1][3][12]. Group 1: Price Trends - In 2024, domestic beef prices fell to unprecedented lows, with some prices dropping to the "20s" per kilogram, while imported frozen beef also saw significant price reductions [2][11]. - As of April 11, 2025, live cattle prices reached 26.22 yuan/kg, a year-on-year increase of 3.5%, and beef prices were at 61.39 yuan/kg, showing a year-on-year decrease of 5.9% but a month-on-month increase [4]. - The price of imported beef has also seen volatility, with daily price increases reaching as high as 1500 yuan/ton [8][9]. Group 2: Factors Driving Price Increases - The recent surge in beef prices is attributed to three main factors: changes in tariff policies, a reduction in domestic cattle numbers, and a resurgence in consumer demand [12][13]. - The Chinese government imposed a 125% tariff on all imports from the U.S., leading to a drastic reduction in U.S. beef exports to China, which fell from over 2000 tons per week to less than 54 tons [14][15]. - Domestic cattle inventory has decreased by 8% year-on-year, leading to a significant reduction in beef production capacity [20][22]. Group 3: Consumer Demand and Market Dynamics - The recovery of the restaurant industry, particularly in hotpot and barbecue sectors, has significantly boosted beef demand, with new consumption trends emerging [25][27]. - Despite an increase in per capita beef consumption in China, it remains low compared to countries like Argentina and the U.S., indicating potential for future growth [26]. - The rising prices have put pressure on low-cost dining models, forcing restaurants to adjust their offerings and pricing strategies to maintain profitability [29][30]. Group 4: Future Outlook - Short-term price trends are expected to be upward, but a sustained "explosion" in prices is unlikely due to market adjustments and potential policy changes that could allow for more imports [36][38]. - The beef market may face challenges as consumer behavior shifts in response to rising prices, potentially leading to reduced consumption frequency [39]. - Restaurants are advised to control procurement costs, restructure menu offerings, and enhance customer experience to navigate the current market challenges [40][41][42].

Core Viewpoint - Molson Coors Beverage Company (TAP) has outperformed the industry and broader market due to its focus on premiumization, innovation, and brand revitalization, resulting in a stock price increase of 10.8% over the past three months compared to the industry's 5.2% growth [1]. Stock Performance - TAP stock closed at $61.58, approaching its 52-week high of $69.18, raising investor interest regarding future growth potential [3]. - The stock is trading above its 50-day and 200-day simple moving averages of $58.02 and $55.42, respectively, indicating a continued uptrend and positive market sentiment [4]. Growth Strategy - The company is committed to growing its market share through premiumization and innovation, focusing on its above-premium portfolio [6][9]. - Core brands like Coors Light and Miller Lite have maintained strong market share gains in the U.S., with Coors Banquet showing impressive growth [10]. - In Canada, Coors Light remains the leading light beer, while the Molson family of brands has seen sustained share growth [10]. - The company is implementing targeted expansion plans in the U.S. and has seen success in the U.K. and EMEA/APAC regions through premiumization efforts [11]. Financial Projections - For 2025, the company expects sales growth in the low single digits, with underlying earnings per share (EPS) rising in the high single digits and operating profit growing in the mid-single digits [13]. - Planned price increases of 1-2% in North America and adjustments in other markets are anticipated to contribute to margin expansion [13]. - The company has retained a significant portion of its share gains and is focused on premiumization across its portfolio [14]. Investment Rationale - Molson Coors' strategic focus on premiumization, strong brand positioning, and expansion into non-alcoholic beverages positions it for sustained growth [16]. - The company is expected to benefit from continued pricing power and operational improvements, making it a compelling investment opportunity [16].

Smithfield Foods (SFD) Q4 2024 Earnings Call March 25, 2025 09:00 AM ET Company Participants Julie Crandall MacMedan - Vice President of Investor RelationsShane Smith - President & CEOMark Hall - CFOPeter Galbo - Director - Equity ResearchBenjamin Theurer - Managing DirectorSteve France - President, Packaged MeatsDonovan Owens - President of Fresh PorkMegan Clapp - Executive DirectorManav Gupta - Executive Director Conference Call Participants Thomas Palmer - Vice President, Senior Equity Research AnalystLe ...

WH Group (00288) H2 2024 Earnings Call March 25, 2025 12:30 AM ET Moderator Dear analysts and investors, dear friends, good evening. Welcome to the 2024 results announcement by WH Group. Today, we have with us from the management our Group Chairman and Executive Director, Mr. Wang Long Executive Director, CEO, Mr. Guo Li Jun, Vice president for WHO Group, chairman of Shanhui, mister Wang Huangwei. Executive director and president of Shanhui, mister Marsh Xiang Jie. CFO, madam Chung Jin Yan, executive VP and ...