Analysts predict that S&W Seed (NASDAQ:SANW) will report $9.65 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for S&W Seed’s earnings, with the highest sales estimate coming in at $9.80 million and the lowest estimate coming in at $9.50 million. S&W Seed posted sales of $26.12 million during the same quarter last year, which would indicate a negative year over year growth rate of 63.1%. The business is expected to issue its next quarterly earnings results on Thursday, November 14th.
According to Zacks, analysts expect that S&W Seed will report full year sales of $64.15 million for the current year, with estimates ranging from $64.00 million to $64.30 million. For the next fiscal year, analysts anticipate that the business will post sales of $62.70 million, with estimates ranging from $62.00 million to $63.40 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that follow S&W Seed.
S&W Seed (NASDAQ:SANW) last posted its quarterly earnings results on Wednesday, September 18th. The company reported $0.50 EPS for the quarter, missing the Zacks’ consensus estimate of $1.05 by ($0.55). S&W Seed had a negative net margin of 8.48% and a positive return on equity of 11.83%. The firm had revenue of $46.85 million for the quarter, compared to the consensus estimate of $57.50 million.
A number of large investors have recently bought and sold shares of SANW. Cutter & CO Brokerage Inc. bought a new position in S&W Seed in the 2nd quarter worth $3,079,000. Teton Advisors Inc. raised its holdings in S&W Seed by 3.0% in 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 in the last quarter. Finally, 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 worth $1,858,000 after purchasing an additional 25,650 shares in the last quarter. Institutional investors own 75.89% of the company’s stock.
NASDAQ:SANW opened at $2.39 on Friday. The company has a fifty day moving average of $2.44 and a 200 day moving average of $2.66. S&W Seed has a 52 week low of $1.81 and a 52 week high of $3.20. The company has a quick ratio of 0.60, a current ratio of 2.70 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $79.54 million, a P/E ratio of 6.13 and a beta of 0.37.
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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