A number of other equities analysts also recently commented on the stock. B. Riley cut their target price on shares of S&W Seed from $4.80 to $4.60 and set a buy rating on the stock in a research note on Thursday, September 19th. Zacks Investment Research cut shares of S&W Seed from a strong-buy rating to a hold rating in a research report on Saturday, November 23rd.
Shares of NASDAQ SANW opened at $2.28 on Thursday. The stock has a market capitalization of $75.93 million, a PE ratio of -5.18 and a beta of 0.37. S&W Seed has a 52-week low of $1.91 and a 52-week high of $3.20. The company has a quick ratio of 0.43, a current ratio of 2.16 and a debt-to-equity ratio of 0.13. The firm has a fifty day moving average of $2.21 and a 200-day moving average of $2.44.
S&W Seed (NASDAQ:SANW) last posted its quarterly earnings results on Wednesday, November 13th. The company reported ($0.15) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.17) by $0.02. S&W Seed had a negative net margin of 14.86% and a positive return on equity of 6.67%. The firm had revenue of $12.27 million for the quarter, compared to analyst estimates of $9.65 million. Equities research analysts expect that S&W Seed will post -0.46 EPS for the current fiscal year.
An institutional investor recently raised its position in S&W Seed stock. Vanguard Group Inc. increased its position in shares of S&W Seed (NASDAQ:SANW) by 3.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 703,547 shares of the company’s stock after purchasing an additional 25,650 shares during the period. Vanguard Group Inc. owned 2.11% of S&W Seed worth $1,858,000 at the end of the most recent quarter. 76.25% of the stock is currently owned by institutional investors and hedge funds.
About S&W Seed
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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