Coffee Holding Co., Inc. (NASDAQ:JVA) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a 1-year consensus price objective of $8.00 for the company, according to Zacks. Zacks has also assigned Coffee an industry rank of 230 out of 256 based on the ratings given to its competitors.
JVA has been the topic of several research analyst reports. ValuEngine upgraded shares of YY from a “sell” rating to a “hold” rating in a research report on Friday, June 7th. TheStreet lowered shares of YRC Worldwide from a “c” rating to a “d+” rating in a research report on Wednesday, May 15th.
NASDAQ JVA remained flat at $$4.21 during midday trading on Friday. 15,586 shares of the company’s stock traded hands, compared to its average volume of 39,905. The firm has a market cap of $23.45 million, a price-to-earnings ratio of 105.25 and a beta of 1.66. The firm’s fifty day simple moving average is $4.25. Coffee has a 52 week low of $3.53 and a 52 week high of $7.79.
Coffee (NASDAQ:JVA) last posted its quarterly earnings results on Wednesday, June 19th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.10). The company had revenue of $20.72 million during the quarter. Coffee had a return on equity of 0.74% and a net margin of 0.21%.
Large investors have recently added to or reduced their stakes in the company. Bailard Inc. bought a new position in shares of Coffee during the 1st quarter worth about $95,000. Algert Global LLC lifted its holdings in shares of Coffee by 89.6% during the 1st quarter. Algert Global LLC now owns 28,017 shares of the company’s stock worth $152,000 after acquiring an additional 13,237 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Coffee by 486.6% during the 1st quarter. Acadian Asset Management LLC now owns 64,933 shares of the company’s stock worth $351,000 after acquiring an additional 53,864 shares during the period. Alambic Investment Management L.P. bought a new position in shares of Coffee during the 1st quarter worth about $659,000. Finally, Ancora Advisors LLC lifted its holdings in shares of Coffee by 3.3% during the 4th quarter. Ancora Advisors LLC now owns 296,695 shares of the company’s stock worth $1,047,000 after acquiring an additional 9,545 shares during the period. 31.18% of the stock is owned by institutional investors.
Coffee Company Profile
Coffee Holding Co, Inc manufactures, roasts, packages, markets, and distributes roasted and blended coffees in the United States, Australia, Canada, England, and China. The company offers wholesale green coffee products, which include unroasted raw beans of approximately 90 varieties that are sold to large, medium, and small roasters, as well as to coffee shop operators.
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