Coffee (NASDAQ:JVA) issued its quarterly earnings data on Wednesday. The company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.10), Fidelity Earnings reports. The business 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%.
NASDAQ JVA opened at $4.33 on Friday. Coffee has a twelve month low of $3.53 and a twelve month high of $7.79. The company has a market cap of $24.90 million, a P/E ratio of 111.75 and a beta of 1.80.
A number of equities research analysts have recently weighed in on JVA shares. Maxim Group reiterated a “buy” rating and issued a $11.00 price objective (up from $9.00) on shares of Coffee in a research report on Friday, March 8th. TheStreet lowered Coffee from a “b-” rating to a “c+” rating in a research report on Wednesday, May 15th. Finally, ValuEngine lowered Coffee from a “buy” rating to a “hold” rating in a research report on Friday, June 7th.
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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