-$0.07 Earnings Per Share Expected for S&W Seed (SANW) This Quarter

Equities analysts forecast that S&W Seed (NASDAQ:SANW) will post earnings of ($0.07) per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for S&W Seed’s earnings, with estimates ranging from ($0.08) to ($0.05). The business is expected to report its next earnings report on Thursday, February 14th.

According to Zacks, analysts expect that S&W Seed will report full year earnings of ($0.25) per share for the current financial year, with EPS estimates ranging from ($0.29) to ($0.21). For the next year, analysts expect that the business will post earnings of ($0.22) per share, with EPS estimates ranging from ($0.23) to ($0.21). Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover S&W Seed.

S&W Seed (NASDAQ:SANW) last issued its quarterly earnings results on Thursday, November 8th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.08. The company had revenue of $26.12 million for the quarter, compared to analyst estimates of $15.00 million. S&W Seed had a negative net margin of 3.63% and a negative return on equity of 2.21%.

Separately, B. Riley lowered their price objective on shares of S&W Seed from $4.50 to $4.00 and set a “buy” rating for the company in a research note on Monday, September 24th.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its stake in S&W Seed by 398.6% in the second quarter. Dimensional Fund Advisors LP now owns 126,023 shares of the company’s stock worth $410,000 after acquiring an additional 100,748 shares during the last quarter. S. Muoio & CO. LLC purchased a new position in S&W Seed in the third quarter worth approximately $504,000. Finally, Koshinski Asset Management Inc. lifted its stake in S&W Seed by 197.1% in the third quarter. Koshinski Asset Management Inc. now owns 268,488 shares of the company’s stock worth $658,000 after acquiring an additional 178,120 shares during the last quarter. 55.71% of the stock is owned by institutional investors and hedge funds.

NASDAQ:SANW traded up $0.04 on Thursday, reaching $2.23. 1,694 shares of the company’s stock were exchanged, compared to its average volume of 48,725. S&W Seed has a 52-week low of $1.81 and a 52-week high of $4.40. The firm has a market capitalization of $67.43 million, a PE ratio of -10.14 and a beta of 0.10. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.66 and a quick ratio of 0.48.

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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