Shares of S&W Seed Co. (NASDAQ:SANW) have received an average broker rating score of 1.00 (Strong Buy) from the three analysts that cover the stock, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy recommendation.
Analysts have set a twelve-month consensus price objective of $7.50 for the company and are predicting that the company will post ($0.11) earnings per share for the current quarter, according to Zacks. Zacks has also given S&W Seed Co. an industry rank of 14 out of 265 based on the ratings given to its competitors.
Separately, Roth Capital set a $8.00 price objective on S&W Seed Co. and gave the stock a “buy” rating in a research report on Wednesday, September 14th.
In other S&W Seed Co. news, EVP Matthew K. Szot sold 51,100 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of $5.10, for a total value of $260,610.00. Following the completion of the transaction, the executive vice president now owns 52,646 shares of the company’s stock, valued at approximately $268,494.60. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Mark S. Grewal sold 76,181 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $5.07, for a total value of $386,237.67. Following the completion of the transaction, the insider now directly owns 108,213 shares of the company’s stock, valued at approximately $548,639.91. The disclosure for this sale can be found here. 11.50% of the stock is owned by company insiders.
Institutional investors have recently bought and sold shares of the stock. Price Michael F boosted its position in S&W Seed Co. by 25.8% in the first quarter. Price Michael F now owns 3,113,423 shares of the company’s stock valued at $13,014,000 after buying an additional 638,701 shares during the period. Cove Street Capital LLC bought a new position in shares of S&W Seed Co. during the second quarter worth about $457,000. Kennedy Capital Management Inc. boosted its position in shares of S&W Seed Co. by 13.8% in the first quarter. Kennedy Capital Management Inc. now owns 744,296 shares of the company’s stock worth $3,111,000 after buying an additional 90,360 shares during the last quarter. Societe Generale bought a new position in shares of S&W Seed Co. during the second quarter worth about $340,000. Finally, Essex Investment Management Co. LLC bought a new position in shares of S&W Seed Co. during the second quarter worth about $326,000. 60.03% of the stock is owned by hedge funds and other institutional investors.
S&W Seed Co. (NASDAQ:SANW) opened at 5.08 on Thursday. S&W Seed Co. has a 12 month low of $3.90 and a 12 month high of $5.16. The firm has a market cap of $87.21 million, a price-to-earnings ratio of 254.00 and a beta of -0.47. The firm’s 50-day moving average price is $4.90 and its 200-day moving average price is $4.55.
S&W Seed Co. (NASDAQ:SANW) last posted its quarterly earnings data on Thursday, September 15th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.02. S&W Seed Co. had a return on equity of 0.67% and a net margin of 0.38%. The business earned $34.60 million during the quarter. During the same period in the prior year, the firm posted $0.05 EPS. S&W Seed Co.’s revenue for the quarter was up 20.6% on a year-over-year basis. Equities research analysts predict that S&W Seed Co. will post $0.12 earnings per share for the current year.
S&W Seed Co. Company Profile
S&W Seed Company is a producer and distributor of alfalfa seed around the world. The Company’s alfalfa seed business encompasses the production, breeding and sale of non-dormant and dormant conventional varieties, and the potential for production and sale of genetically modified organism (GMO) varieties.
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