Village Farms International (NASDAQ:VFF) Stock Moved Up to “Buy” by Wall Street Zen

Village Farms International (NASDAQ:VFF) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.

VFF has been the subject of several other research reports. Zacks Research raised shares of Village Farms International from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Weiss Ratings upgraded shares of Village Farms International from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday. Two equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Village Farms International Stock Down 2.7%

NASDAQ VFF opened at $2.53 on Friday. The company has a current ratio of 3.17, a quick ratio of 2.25 and a debt-to-equity ratio of 0.13. Village Farms International has a 1-year low of $1.80 and a 1-year high of $4.99. The company has a market cap of $309.39 million, a price-to-earnings ratio of 14.44 and a beta of 1.34. The company has a 50 day moving average of $2.79 and a 200-day moving average of $2.50.

Village Farms International (NASDAQ:VFF) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The firm had revenue of $63.98 million for the quarter, compared to the consensus estimate of $56.30 million. Village Farms International had a net margin of 9.85% and a return on equity of 7.62%. On average, equities research analysts expect that Village Farms International will post 0.17 earnings per share for the current fiscal year.

Insider Activity at Village Farms International

In related news, Director Christopher C. Woodward bought 10,000 shares of the business’s stock in a transaction on Tuesday, September 22nd. The stock was acquired at an average price of $3.06 per share, for a total transaction of $30,600.00. Following the purchase, the director directly owned 171,526 shares in the company, valued at $524,869.56. This trade represents a 6.19% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 13.20% of the company’s stock.

Institutional Trading of Village Farms International

A number of large investors have recently modified their holdings of the business. Headlands Technologies LLC increased its holdings in shares of Village Farms International by 247.4% in the 2nd quarter. Headlands Technologies LLC now owns 85,054 shares of the company’s stock worth $170,000 after buying an additional 60,574 shares during the last quarter. JB Capital Partners LP bought a new position in shares of Village Farms International during the second quarter valued at about $360,000. Bank of New York Mellon Corp purchased a new stake in Village Farms International during the 2nd quarter valued at about $249,000. Key Client Fiduciary Advisors LLC increased its stake in shares of Village Farms International by 116.6% in the second quarter. Key Client Fiduciary Advisors LLC now owns 1,334,631 shares of the company’s stock worth $2,663,000 after buying an additional 718,382 shares during the period. Finally, Empowered Funds LLC bought a new position in shares of Village Farms International during the first quarter valued at about $284,000. Institutional investors own 12.15% of the company’s stock.

Village Farms International Company Profile

Village Farms International, Inc is an agriculture company focused on growing and distributing fresh produce and cannabis. Through its produce operations, the company supplies greenhouse-grown tomatoes, cucumbers, peppers and other produce under the Village Farms brand and various retailer and foodservice labels.

Founded in 1989, Village Farms operates greenhouse facilities in North America and serves customers primarily in the United States and Canada. Its controlled-environment agriculture model is designed to provide consistent, locally grown produce throughout the year.

The company also operates in the Canadian cannabis market through Pure Sunfarms, a wholly owned subsidiary and licensed cannabis producer.