A number of other analysts also recently commented on SANW. Craig Hallum downgraded shares of S&W Seed from a buy rating to a hold rating and dropped their price target for the stock from $8.00 to $4.00 in a research report on Friday, September 15th. ValuEngine upgraded shares of S&W Seed from a sell rating to a hold rating in a research report on Friday, December 1st. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. S&W Seed presently has an average rating of Buy and an average target price of $5.13.
S&W Seed (NASDAQ:SANW) traded down $0.07 during trading on Monday, reaching $3.20. 41,000 shares of the company’s stock were exchanged, compared to its average volume of 69,503. The company has a quick ratio of 0.36, a current ratio of 1.16 and a debt-to-equity ratio of 0.02. S&W Seed has a 52-week low of $2.90 and a 52-week high of $5.20.
S&W Seed (NASDAQ:SANW) last posted its earnings results on Thursday, November 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.02). S&W Seed had a negative net margin of 14.12% and a negative return on equity of 4.03%. The firm had revenue of $10.71 million for the quarter, compared to analyst estimates of $9.75 million. equities analysts forecast that S&W Seed will post -0.08 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in SANW. Neuberger Berman Group LLC bought a new stake in shares of S&W Seed in the 2nd quarter worth approximately $210,000. B. Riley Financial Inc. grew its position in S&W Seed by 63.1% during the second quarter. B. Riley Financial Inc. now owns 158,054 shares of the company’s stock valued at $656,000 after purchasing an additional 61,121 shares in the last quarter. Old West Investment Management LLC purchased a new position in S&W Seed during the third quarter valued at approximately $824,000. Cutter & CO Brokerage Inc. grew its position in S&W Seed by 10.9% during the second quarter. Cutter & CO Brokerage Inc. now owns 585,857 shares of the company’s stock valued at $2,431,000 after purchasing an additional 57,679 shares in the last quarter. Finally, Kennedy Capital Management Inc. grew its position in S&W Seed by 5.5% during the second quarter. Kennedy Capital Management Inc. now owns 873,443 shares of the company’s stock valued at $3,625,000 after purchasing an additional 45,248 shares in the last quarter. Institutional investors and hedge funds own 61.98% of the company’s stock.
S&W Seed Company Profile
S&W Seed Company (S&W) is a global agricultural company. The Company focuses on the breeding, production and sale of alfalfa seed. In addition to its primary activities in alfalfa seed, it also offers hybrid sorghum and sunflower seed germplasm. As of June 30, 2016, the Company sold its alfalfa seed varieties in more than 30 countries across the globe.
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