Wall Street brokerages expect S&W Seed (NASDAQ:SANW) to announce earnings per share (EPS) of ($0.06) for the current quarter, Zacks reports. Four analysts have issued estimates for S&W Seed’s earnings, with the lowest EPS estimate coming in at ($0.10) and the highest estimate coming in at ($0.03). S&W Seed reported earnings of ($0.13) per share during the same quarter last year, which indicates a positive year over year growth rate of 53.8%. The firm is scheduled to report its next earnings report on Thursday, November 8th.
According to Zacks, analysts expect that S&W Seed will report full year earnings of ($0.18) per share for the current year, with EPS estimates ranging from ($0.24) to ($0.08). For the next financial year, analysts forecast that the company will report earnings of ($0.16) per share. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow S&W Seed.
S&W Seed (NASDAQ:SANW) last released its quarterly earnings results on Thursday, September 20th. The company reported ($0.18) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.10). The business had revenue of $9.89 million for the quarter, compared to the consensus estimate of $13.33 million. S&W Seed had a negative return on equity of 6.13% and a negative net margin of 7.37%.
Separately, B. Riley decreased their price target on S&W Seed from $4.50 to $4.00 and set a “buy” rating on the stock in a research report on Monday, September 24th.
A number of large investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its holdings in S&W Seed by 398.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 126,023 shares of the company’s stock worth $410,000 after buying an additional 100,748 shares in the last quarter. Shufro Rose & Co. LLC lifted its holdings in S&W Seed by 62.5% during the 2nd quarter. Shufro Rose & Co. LLC now owns 45,500 shares of the company’s stock worth $148,000 after buying an additional 17,500 shares in the last quarter. Finally, Old West Investment Management LLC lifted its holdings in S&W Seed by 123.0% during the 1st quarter. Old West Investment Management LLC now owns 560,017 shares of the company’s stock worth $2,016,000 after buying an additional 308,883 shares in the last quarter. 65.09% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ SANW traded up $0.18 during trading hours on Monday, reaching $2.98. 795 shares of the company’s stock were exchanged, compared to its average volume of 40,538. The firm has a market cap of $63.59 million, a PE ratio of -13.36 and a beta of -0.43. S&W Seed has a one year low of $2.35 and a one year high of $4.40. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.00 and a quick ratio of 0.46.
S&W Seed Company Profile
S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa seeds. The company sells its seeds to distributors and dealers in approximately 30 countries worldwide. S&W Seed Company was founded in 1980 and is headquartered in Sacramento, California.
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