S&W Seed (NASDAQ:SANW) Upgraded to “Hold” at ValuEngine

Posted by on Dec 3rd, 2019

S&W Seed (NASDAQ:SANW) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, ValuEngine reports.

Several other equities research analysts have also weighed in on the company. B. Riley lowered their price objective on 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 lowered S&W Seed from a “strong-buy” rating to a “hold” rating in a research note on Saturday, November 23rd.

SANW stock opened at $2.43 on Tuesday. S&W Seed has a 1-year low of $1.81 and a 1-year high of $3.20. The firm has a market cap of $75.24 million, a P/E ratio of 6.23 and a beta of 0.37. The business’s 50 day moving average is $2.29 and its 200-day moving average is $2.55. The company has a current ratio of 2.16, a quick ratio of 0.43 and a debt-to-equity ratio of 0.13.

S&W Seed (NASDAQ:SANW) last released its quarterly earnings data on Wednesday, November 13th. The company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.02. S&W Seed had a positive return on equity of 6.67% and a negative net margin of 14.86%. The company had revenue of $12.27 million for the quarter, compared to analyst estimates of $9.65 million. Sell-side analysts forecast that S&W Seed will post -0.46 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in SANW. Fairpointe Capital LLC boosted its holdings in shares of S&W Seed by 14.0% in the 3rd quarter. Fairpointe Capital LLC now owns 407,048 shares of the company’s stock worth $969,000 after acquiring an additional 50,000 shares in the last quarter. Teton Advisors Inc. boosted its holdings in shares of S&W Seed by 3.0% in the 2nd quarter. Teton Advisors Inc. now owns 510,000 shares of the company’s stock worth $1,346,000 after acquiring an additional 15,000 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of S&W Seed by 3.8% in the 2nd quarter. Vanguard Group Inc. now owns 703,547 shares of the company’s stock worth $1,858,000 after acquiring an additional 25,650 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. acquired a new position in shares of S&W Seed in the 2nd quarter worth approximately $3,079,000. 76.28% of the stock is currently owned by institutional investors and hedge funds.

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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