S&W Seed (NASDAQ:SANW) Downgraded by ValuEngine to Sell

ValuEngine downgraded shares of S&W Seed (NASDAQ:SANW) from a hold rating to a sell rating in a report released on Thursday, ValuEngine reports.

SANW has been the topic of several other reports. B. Riley dropped their price objective on S&W Seed from $4.80 to $4.60 and set a buy rating on the stock in a research report on Thursday, September 19th. Zacks Investment Research cut S&W Seed from a buy rating to a hold rating in a research report on Thursday.

Shares of S&W Seed stock traded up $0.26 during trading on Thursday, hitting $2.57. 53,000 shares of the company’s stock traded hands, compared to its average volume of 23,850. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.70 and a quick ratio of 0.60. S&W Seed has a 1 year low of $1.81 and a 1 year high of $3.20. The stock has a market capitalization of $72.23 million, a P/E ratio of 6.59 and a beta of 0.41. The business has a 50-day simple moving average of $2.32 and a 200-day simple moving average of $2.60.

S&W Seed (NASDAQ:SANW) last released its quarterly earnings data on Wednesday, November 13th. The company reported ($0.15) EPS for the quarter, beating the consensus estimate of ($0.17) by $0.02. S&W Seed had a positive return on equity of 11.83% and a negative net margin of 8.48%. The company had revenue of $12.27 million for the quarter, compared to analysts’ expectations of $9.65 million. On average, equities analysts predict that S&W Seed will post -0.45 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the stock. Teton Advisors Inc. boosted its position in shares of S&W Seed by 3.0% during the second quarter. Teton Advisors Inc. now owns 510,000 shares of the company’s stock valued at $1,346,000 after buying an additional 15,000 shares during the last quarter. Vanguard Group Inc. boosted its position in S&W Seed by 3.8% in the second 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 during the last quarter. Finally, Cutter & CO Brokerage Inc. purchased a new position in S&W Seed in the second quarter worth about $3,079,000. 75.88% of the stock is currently owned by institutional investors.

S&W Seed Company Profile

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.

Read More: Market Indexes

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

Receive News & Ratings for S&W Seed Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&W Seed and related companies with MarketBeat.com's FREE daily email newsletter.