S&W Seed (NASDAQ:SANW)‘s stock had its “buy” rating reiterated by analysts at National Securities in a research report issued on Thursday, AnalystRatings.com reports. They currently have a $6.00 price target on the stock. National Securities’ price objective would indicate a potential upside of 164.32% from the stock’s previous close.
Several other equities research analysts have also weighed in on the stock. B. Riley reiterated a “buy” rating and set a $4.60 price objective on shares of S&W Seed in a research note on Tuesday. Zacks Investment Research lowered shares of S&W Seed from a “strong-buy” rating to a “hold” rating in a research note on Saturday, November 23rd. Finally, ValuEngine lowered shares of S&W Seed from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th.
Shares of S&W Seed stock opened at $2.27 on Thursday. The firm has a market cap of $72.94 million, a PE ratio of -5.16 and a beta of 0.54. S&W Seed has a 1 year low of $1.91 and a 1 year high of $3.20. The firm’s 50-day simple moving average is $2.18 and its 200-day simple moving average is $2.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.43 and a current ratio of 2.16.
S&W Seed (NASDAQ:SANW) last released its quarterly earnings data on Wednesday, February 12th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.06). The business had revenue of $12.35 million for the quarter, compared to analyst estimates of $10.60 million. S&W Seed had a positive return on equity of 6.67% and a negative net margin of 14.86%. On average, equities analysts predict that S&W Seed will post -0.46 earnings per share for the current year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in SANW. Renaissance Technologies LLC grew its position in S&W Seed by 95.3% in the 4th quarter. Renaissance Technologies LLC now owns 50,987 shares of the company’s stock worth $107,000 after purchasing an additional 24,883 shares during the last quarter. Shufro Rose & Co. LLC grew its position in S&W Seed by 34.5% in the 4th quarter. Shufro Rose & Co. LLC now owns 58,500 shares of the company’s stock worth $123,000 after purchasing an additional 15,000 shares during the last quarter. Koshinski Asset Management Inc. bought a new position in S&W Seed in the 4th quarter worth about $462,000. Fairpointe Capital LLC grew its position in S&W Seed by 14.0% in the 3rd quarter. Fairpointe Capital LLC now owns 407,048 shares of the company’s stock worth $969,000 after purchasing an additional 50,000 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in S&W Seed by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 703,547 shares of the company’s stock worth $1,858,000 after purchasing an additional 25,650 shares during the last quarter. Hedge funds and other institutional investors own 76.30% 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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