S&W Seed (SANW) Earns Buy Rating from B. Riley
Several other equities analysts have also recently issued reports on the company. ValuEngine upgraded S&W Seed from a sell rating to a hold rating in a research report on Friday, December 1st. Craig Hallum cut S&W Seed from a buy rating to a hold rating and dropped their price target for the company from $8.00 to $4.00 in a research report on Friday, September 15th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. S&W Seed has a consensus rating of Buy and a consensus target price of $5.13.
Shares of S&W Seed (SANW) opened at $3.30 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.36 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 issued its quarterly earnings results on Thursday, November 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by ($0.02). The company had revenue of $10.71 million during the quarter, compared to analyst estimates of $9.75 million. S&W Seed had a negative net margin of 14.12% and a negative return on equity of 4.03%. sell-side analysts anticipate that S&W Seed will post -0.07 earnings per share for the current year.
A number of hedge funds have recently modified their holdings of the stock. Kennedy Capital Management Inc. increased its position in S&W Seed by 5.5% in the 2nd quarter. Kennedy Capital Management Inc. now owns 873,443 shares of the company’s stock valued at $3,625,000 after acquiring an additional 45,248 shares during the period. Neuberger Berman Group LLC purchased a new stake in S&W Seed in the 2nd quarter valued at approximately $210,000. Cutter & CO Brokerage Inc. boosted its holdings in S&W Seed by 10.9% in the 2nd 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. B. Riley Financial Inc. boosted its holdings in S&W Seed by 63.1% in the 2nd 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. Finally, Old West Investment Management LLC purchased a new stake in S&W Seed in the 3rd quarter valued at approximately $824,000. Hedge funds and other institutional investors own 61.98% of the company’s stock.
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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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