Village Farms International (NASDAQ:VFF) Upgraded to Hold at Zacks Research

Village Farms International (NASDAQ:VFF) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Several other brokerages also recently issued reports on VFF. Weiss Ratings raised shares of Village Farms International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Wall Street Zen downgraded Village Farms International from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Village Farms International currently has an average rating of “Hold”.

Village Farms International Trading Up 1.0%

VFF stock opened at $2.04 on Monday. Village Farms International has a twelve month low of $1.26 and a twelve month high of $4.99. The stock has a market capitalization of $233.19 million, a price-to-earnings ratio of 5.83 and a beta of 1.30. The company has a quick ratio of 2.03, a current ratio of 3.06 and a debt-to-equity ratio of 0.12. The firm’s fifty day simple moving average is $2.24 and its two-hundred day simple moving average is $2.84.

Village Farms International (NASDAQ:VFF) last released its earnings results on Monday, May 11th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. Village Farms International had a net margin of 18.57% and a return on equity of 8.84%. The firm had revenue of $50.24 million during the quarter, compared to analyst estimates of $47.81 million. As a group, analysts anticipate that Village Farms International will post 0.15 earnings per share for the current year.

Institutional Investors Weigh In On Village Farms International

Several large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd purchased a new stake in Village Farms International during the fourth quarter worth $27,000. Barclays PLC bought a new position in shares of Village Farms International in the 4th quarter worth $29,000. Kestra Private Wealth Services LLC bought a new position in shares of Village Farms International in the 4th quarter worth $40,000. Thompson Davis & CO. Inc. purchased a new stake in shares of Village Farms International during the 4th quarter worth $43,000. Finally, GK Wealth Management LLC purchased a new stake in shares of Village Farms International during the 4th quarter worth $43,000. Institutional investors own 12.15% of the company’s stock.

About Village Farms International

Village Farms International, Inc is a North American agricultural company specializing in greenhouse cultivation of fresh produce and cannabis. Through its wholly owned operations, the company grows a variety of high-quality vegetables, including tomatoes, cucumbers and sweet peppers, using controlled-environment agriculture techniques designed to maximize yield and sustainability. Village Farms leverages advanced climate and hydroponic systems to deliver consistent year-round supply to major grocery retailers across the United States and Canada.

In its produce segment, Village Farms operates large-scale greenhouse facilities in Texas and Canada.