Wall Street analysts expect S&W Seed (NASDAQ:SANW) to post ($0.17) earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for S&W Seed’s earnings, with the lowest EPS estimate coming in at ($0.20) and the highest estimate coming in at ($0.13). S&W Seed reported earnings per share of $0.02 during the same quarter last year, which suggests a negative year over year growth rate of 950%. The firm is scheduled to report its next earnings report on Thursday, November 14th.
According to Zacks, analysts expect that S&W Seed will report full-year earnings of ($0.45) per share for the current fiscal year, with EPS estimates ranging from ($0.54) to ($0.36). For the next financial year, analysts anticipate that the business will post earnings of ($0.41) per share, with EPS estimates ranging from ($0.50) to ($0.31). Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for S&W Seed.
S&W Seed (NASDAQ:SANW) last announced its quarterly earnings results on Wednesday, September 18th. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.55). S&W Seed had a negative net margin of 8.48% and a positive return on equity of 11.83%. The business had revenue of $46.85 million for the quarter, compared to analysts’ expectations of $57.50 million.
Several research firms have weighed in on SANW. B. Riley cut their price objective on S&W Seed from $4.80 to $4.60 and set a “buy” rating on the stock in a research report on Thursday, September 19th. ValuEngine raised S&W Seed from a “sell” rating to a “hold” rating in a research report on Tuesday, October 15th. Finally, Zacks Investment Research cut S&W Seed from a “buy” rating to a “hold” rating in a research report on Friday, October 4th.
S&W Seed stock opened at $2.39 on Friday. The stock’s 50 day simple moving average is $2.44 and its two-hundred day simple moving average is $2.66. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.60 and a current ratio of 2.70. The stock has a market cap of $78.88 million, a price-to-earnings ratio of 6.13 and a beta of 0.37. S&W Seed has a fifty-two week low of $1.81 and a fifty-two week high of $3.20.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cutter & CO Brokerage Inc. purchased a new stake in S&W Seed during the 2nd quarter valued at $3,079,000. Vanguard Group Inc. raised its stake in S&W Seed by 3.8% during the 2nd quarter. Vanguard Group Inc. now owns 703,547 shares of the company’s stock valued at $1,858,000 after buying an additional 25,650 shares during the last quarter. Finally, Teton Advisors Inc. raised its stake in S&W Seed by 3.0% during the 2nd quarter. Teton Advisors Inc. now owns 510,000 shares of the company’s stock valued at $1,346,000 after buying an additional 15,000 shares during the last quarter. Institutional investors own 75.89% of the company’s stock.
S&W Seed Company Profile
S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa seeds. The company sells its seeds to distributors and dealers in approximately 30 countries worldwide. S&W Seed Company was founded in 1980 and is headquartered in Sacramento, California.
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