Brokerages expect S&W Seed (NASDAQ:SANW) to report earnings of ($0.04) per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for S&W Seed’s earnings. The lowest EPS estimate is ($0.08) and the highest is $0.01. The company is scheduled to report its next earnings results on Thursday, February 14th.
On average, analysts expect that S&W Seed will report full-year earnings of ($0.19) per share for the current fiscal year, with EPS estimates ranging from ($0.29) to ($0.08). For the next year, analysts forecast that the company will post earnings of ($0.22) per share, with EPS estimates ranging from ($0.23) to ($0.21). Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for S&W Seed.
S&W Seed (NASDAQ:SANW) last announced its quarterly earnings results on Thursday, November 8th. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.08. The firm had revenue of $26.12 million for the quarter, compared to the consensus estimate of $15.00 million. S&W Seed had a negative return on equity of 2.21% and a negative net margin of 3.63%.
Separately, B. Riley lowered their target price on S&W Seed from $4.50 to $4.00 and set a “buy” rating on the stock in a report on Monday, September 24th.
SANW stock remained flat at $$2.75 during trading on Friday. The company’s stock had a trading volume of 4,851 shares, compared to its average volume of 17,131. S&W Seed has a 52 week low of $2.35 and a 52 week high of $4.40. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.48 and a current ratio of 1.66. The company has a market capitalization of $72.70 million, a P/E ratio of -12.50 and a beta of -0.47.
Hedge funds have recently bought and sold shares of the business. S. Muoio & CO. LLC purchased a new stake in S&W Seed in the third quarter worth about $504,000. Koshinski Asset Management Inc. increased its position 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 buying an additional 178,120 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position 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 buying an additional 100,748 shares in the last quarter. 71.27% of the stock is currently owned by institutional investors.
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.
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