Q3 2021 Earnings Estimate for S&W Seed Issued By B. Riley (NASDAQ:SANW)

S&W Seed (NASDAQ:SANW) – Stock analysts at B. Riley upped their Q3 2021 earnings per share estimates for S&W Seed in a report released on Tuesday, May 11th. B. Riley analyst S. Sherbetchyan now forecasts that the company will post earnings of ($0.11) per share for the quarter, up from their prior estimate of ($0.12). B. Riley also issued estimates for S&W Seed’s Q4 2021 earnings at ($0.01) EPS, FY2021 earnings at ($0.53) EPS, Q4 2022 earnings at $0.02 EPS and FY2022 earnings at ($0.43) EPS.

Several other brokerages have also recently commented on SANW. Lake Street Capital started coverage on S&W Seed in a research report on Thursday, April 22nd. They set a “buy” rating and a $6.00 price target for the company. Zacks Investment Research raised S&W Seed from a “hold” rating to a “buy” rating and set a $4.00 price target for the company in a research report on Saturday.

Shares of NASDAQ SANW opened at $3.55 on Friday. The stock has a 50 day moving average price of $3.80 and a 200 day moving average price of $3.29. S&W Seed has a 52 week low of $1.80 and a 52 week high of $4.36. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.41 and a current ratio of 1.49. The stock has a market capitalization of $124.53 million, a PE ratio of -5.46 and a beta of 0.68.

S&W Seed (NASDAQ:SANW) last issued its quarterly earnings results on Thursday, May 13th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.03. S&W Seed had a negative return on equity of 25.28% and a negative net margin of 27.01%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Gabelli Funds LLC acquired a new stake in shares of S&W Seed in the first quarter valued at approximately $78,000. Dimensional Fund Advisors LP lifted its position in shares of S&W Seed by 5.2% in the first quarter. Dimensional Fund Advisors LP now owns 211,937 shares of the company’s stock valued at $763,000 after buying an additional 10,562 shares during the last quarter. Axiom Investment Management LLC acquired a new stake in shares of S&W Seed in the first quarter valued at approximately $106,000. Renaissance Technologies LLC lifted its position in shares of S&W Seed by 28.5% in the first quarter. Renaissance Technologies LLC now owns 217,503 shares of the company’s stock valued at $792,000 after buying an additional 48,301 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of S&W Seed by 53.1% during the first quarter. Northern Trust Corp now owns 69,400 shares of the company’s stock worth $253,000 after purchasing an additional 24,059 shares during the period. 75.72% of the stock is owned by institutional investors.

About S&W Seed

S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. It also offers sunflower, wheat germplasm, wheat, and pasture seeds. The company sells its seeds to distributors and dealers in 40 countries. S&W Seed Company was founded in 1980 and is headquartered in Longmont, Colorado.

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Earnings History and Estimates for S&W Seed (NASDAQ:SANW)

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