Willamette Valley Vineyards (NASDAQ:WVVI) Issues Quarterly Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) announced its earnings results on Tuesday. The company reported ($0.01) EPS for the quarter, Zacks reports. Willamette Valley Vineyards had a negative return on equity of 3.12% and a negative net margin of 2.15%. The firm had revenue of $11.28 million during the quarter.

Willamette Valley Vineyards Stock Up 0.3 %

Willamette Valley Vineyards stock opened at $6.03 on Thursday. The business has a fifty day moving average price of $5.86 and a 200-day moving average price of $4.30. Willamette Valley Vineyards has a 1-year low of $3.17 and a 1-year high of $6.33. The stock has a market capitalization of $29.93 million, a price-to-earnings ratio of -9.89 and a beta of 0.79. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.85 and a quick ratio of 0.29.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Willamette Valley Vineyards in a research note on Wednesday. They set a “hold” rating for the company.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.