Village Farms International (NASDAQ:VFF) Releases Earnings Results

Village Farms International (NASDAQ:VFF) posted its earnings results on Monday. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.05, Zacks reports. Village Farms International had a negative return on equity of 2.24% and a net margin of 3.42%.

Village Farms International Stock Down 0.3%

Village Farms International stock opened at $2.96 on Monday. The stock has a market cap of $333.43 million, a PE ratio of 32.89 and a beta of 2.27. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.89 and a current ratio of 2.65. Village Farms International has a one year low of $0.45 and a one year high of $3.79. The stock has a fifty day moving average of $2.98 and a 200 day moving average of $1.98.

Analyst Ratings Changes

Several research firms recently commented on VFF. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Village Farms International in a research report on Thursday, October 30th. Wall Street Zen upgraded shares of Village Farms International from a “sell” rating to a “buy” rating in a research note on Sunday, August 17th. Finally, Zacks Research downgraded shares of Village Farms International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Institutional Investors Weigh In On Village Farms International

A number of large investors have recently made changes to their positions in the company. Hilton Capital Management LLC purchased a new stake in shares of Village Farms International during the 2nd quarter valued at about $94,000. Jane Street Group LLC boosted its holdings in shares of Village Farms International by 8.9% in the second quarter. Jane Street Group LLC now owns 203,772 shares of the company’s stock worth $224,000 after buying an additional 16,631 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Village Farms International by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock valued at $446,000 after buying an additional 35,913 shares during the period. Finally, Tidal Investments LLC increased its holdings in Village Farms International by 3.3% during the second quarter. Tidal Investments LLC now owns 2,778,410 shares of the company’s stock valued at $3,056,000 after buying an additional 87,726 shares during the last quarter. 12.15% of the stock is currently owned by institutional investors.

About Village Farms International

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.