Village Farms International (NASDAQ:VFF) Announces Quarterly Earnings Results

Village Farms International (NASDAQ:VFF – Get Free Report) released its quarterly earnings data on Monday. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.03, FiscalAI reports. Village Farms International had a return on equity of 7.62% and a net margin of 9.85%. The firm had revenue of $66.90 million for the quarter, compared to analyst estimates of $64.38 million.

Village Farms International Stock Performance

Shares of VFF stock opened at $2.88 on Monday. The firm has a 50 day moving average price of $2.80 and a two-hundred day moving average price of $2.68. The company has a quick ratio of 2.25, a current ratio of 3.17 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $352.20 million, a PE ratio of 16.94 and a beta of 1.46. Village Farms International has a 12-month low of $1.80 and a 12-month high of $4.99.

Insider Activity at Village Farms International

In other news, Director Christopher C. Woodward bought 10,000 shares of the stock in a transaction dated Tuesday, September 22nd. The shares were bought at an average price of $3.06 per share, for a total transaction of $30,600.00. Following the completion of the purchase, the director owned 171,526 shares in the company, valued at approximately $524,869.56. This trade represents a 6.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 13.20% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on VFF. Wall Street Zen downgraded Village Farms International from a “buy” rating to a “hold” rating in a research note on Sunday, October 25th. Zacks Research upgraded Village Farms International from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Finally, Weiss Ratings cut Village Farms International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, October 27th. Two equities research analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock has an average rating of “Hold”.

Get Our Latest Analysis on Village Farms International

Village Farms International Company Profile

(Get Free Report)

Village Farms International, Inc (NASDAQ:VFF) is an agriculture company that grows, markets and distributes fresh produce and cannabis. Its produce business focuses on greenhouse-grown tomatoes, cucumbers and peppers, including conventional and organic offerings sold under the Village Farms brand and through retail and foodservice channels.

The company operates greenhouse and distribution facilities in the United States, Canada and Mexico, serving grocery retailers, wholesalers and foodservice customers across North America.

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Earnings History for Village Farms International (NASDAQ:VFF)

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