S&W Seed (SANW) Stock Rating Upgraded by ValuEngine

ValuEngine upgraded shares of S&W Seed (NASDAQ:SANW) from a sell rating to a hold rating in a report published on Friday.

Several other equities research analysts have also issued reports on the stock. B. Riley reissued a buy rating and set a $6.50 target price on shares of S&W Seed in a research note on Thursday, November 9th. Craig Hallum lowered shares of S&W Seed from a buy rating to a hold rating and lowered their target price for the stock from $8.00 to $4.00 in a research note on Friday, September 15th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of $5.13.

Shares of S&W Seed (NASDAQ:SANW) traded up $0.03 on Friday, reaching $3.45. The company’s stock had a trading volume of 81,700 shares, compared to its average volume of 69,422. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.36 and a current ratio of 1.16. S&W Seed has a 12 month low of $2.90 and a 12 month high of $5.20.

S&W Seed (NASDAQ:SANW) last announced its quarterly earnings results on Thursday, November 9th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.02). The company had revenue of $10.71 million for the quarter, compared to analyst estimates of $9.75 million. S&W Seed had a negative return on equity of 4.03% and a negative net margin of 14.12%. analysts expect that S&W Seed will post -0.08 EPS for the current year.

Several hedge funds have recently bought and sold shares of the company. Neuberger Berman Group LLC purchased a new position in S&W Seed in the 2nd quarter valued at about $210,000. B. Riley Financial Inc. increased its holdings in shares of S&W Seed by 63.1% during the 2nd quarter. B. Riley Financial Inc. now owns 158,054 shares of the company’s stock worth $656,000 after buying an additional 61,121 shares during the last quarter. Old West Investment Management LLC acquired a new stake in shares of S&W Seed during the 3rd quarter worth approximately $824,000. Cutter & CO Brokerage Inc. increased its holdings in shares of S&W Seed by 10.9% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 585,857 shares of the company’s stock worth $2,431,000 after buying an additional 57,679 shares during the last quarter. Finally, Kennedy Capital Management Inc. increased its holdings in shares of S&W Seed by 5.5% during the 2nd quarter. Kennedy Capital Management Inc. now owns 873,443 shares of the company’s stock worth $3,625,000 after buying an additional 45,248 shares during the last quarter. 61.98% of the stock is currently owned by institutional investors and hedge funds.

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S&W Seed Company Profile

S&W Seed Company (S&W) is a global agricultural company. The Company focuses on the breeding, production and sale of alfalfa seed. In addition to its primary activities in alfalfa seed, it also offers hybrid sorghum and sunflower seed germplasm. As of June 30, 2016, the Company sold its alfalfa seed varieties in more than 30 countries across the globe.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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