Lake Street Capital Forecasts Strong Price Appreciation for S&W Seed (NASDAQ:SANW) Stock

S&W Seed (NASDAQ:SANW) had its price objective raised by investment analysts at Lake Street Capital from $10.00 to $35.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Lake Street Capital’s target price indicates a potential upside of 366.67% from the company’s previous close.

Separately, StockNews.com initiated coverage on shares of S&W Seed in a research note on Monday. They set a “sell” rating on the stock.

S&W Seed Stock Performance

Shares of SANW stock traded up $0.93 during trading hours on Tuesday, reaching $7.50. 232,641 shares of the company traded hands, compared to its average volume of 9,619. The firm has a 50-day moving average price of $3.54 and a 200 day moving average price of $5.11. The company has a market cap of $17.13 million, a P/E ratio of -0.56 and a beta of 1.00. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.92 and a quick ratio of 0.36. S&W Seed has a 12-month low of $2.10 and a 12-month high of $14.25.

S&W Seed (NASDAQ:SANW) last released its earnings results on Friday, November 1st. The company reported ($2.95) EPS for the quarter. The firm had revenue of $14.82 million for the quarter. S&W Seed had a negative return on equity of 40.22% and a negative net margin of 49.69%.

About S&W Seed

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