S&W Seed (NASDAQ:SANW) Upgraded at ValuEngine

ValuEngine upgraded shares of S&W Seed (NASDAQ:SANW) from a sell rating to a hold rating in a research note published on Tuesday, ValuEngine reports.

Several other equities analysts have also weighed in on the stock. Zacks Investment Research lowered shares of S&W Seed from a strong-buy rating to a hold rating in a report on Saturday, November 23rd. B. Riley cut their price target on shares of S&W Seed from $4.80 to $4.60 and set a buy rating for the company in a report on Thursday, September 19th.

Shares of SANW opened at $2.43 on Tuesday. S&W Seed has a 52-week low of $1.81 and a 52-week high of $3.20. The company has a market capitalization of $79.90 million, a PE ratio of 6.23 and a beta of 0.37. The stock has a fifty day simple moving average of $2.29 and a two-hundred day simple moving average of $2.55. The company has a quick ratio of 0.43, a current ratio of 2.16 and a debt-to-equity ratio of 0.13.

S&W Seed (NASDAQ:SANW) last announced its quarterly earnings results 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 negative net margin of 14.86% and a positive return on equity of 6.67%. The firm had revenue of $12.27 million for the quarter, compared to analysts’ expectations of $9.65 million. As a group, equities analysts anticipate that S&W Seed will post -0.46 earnings per share for the current fiscal year.

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

About S&W Seed

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.

See Also: Equity Income

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

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