Shares of S&W Seed Co. (NASDAQ:SANW) have been given a consensus broker rating score of 1.00 (Strong Buy) from the three analysts that cover the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 12 month consensus price target of $7.50 for the company and are forecasting that the company will post ($0.11) earnings per share for the current quarter, according to Zacks. Zacks has also assigned S&W Seed Co. an industry rank of 16 out of 265 based on the ratings given to related companies.
Separately, Roth Capital set a $8.00 price target on shares of S&W Seed Co. and gave the company a “buy” rating in a research report on Wednesday, September 14th.
Shares of S&W Seed Co. (NASDAQ:SANW) traded up 1.03% during trading on Thursday, hitting $4.91. 20,843 shares of the stock traded hands. The stock has a 50-day moving average of $4.88 and a 200 day moving average of $4.53. The company has a market cap of $84.29 million, a P/E ratio of 245.50 and a beta of -0.47. S&W Seed Co. has a 1-year low of $3.90 and a 1-year high of $5.16.
S&W Seed Co. (NASDAQ:SANW) last posted its earnings results on Thursday, September 15th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The firm earned $34.60 million during the quarter. S&W Seed Co. had a net margin of 0.38% and a return on equity of 0.67%. The business’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.05 EPS. On average, equities research analysts predict that S&W Seed Co. will post $0.12 EPS for the current fiscal year.
In other S&W Seed Co. news, insider Mark S. Grewal sold 76,181 shares of the stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $5.07, for a total transaction of $386,237.67. Following the completion of the transaction, the insider now owns 108,213 shares in the company, valued at $548,639.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Matthew K. Szot sold 51,100 shares of the stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of $5.10, for a total transaction of $260,610.00. Following the transaction, the executive vice president now owns 52,646 shares of the company’s stock, valued at approximately $268,494.60. The disclosure for this sale can be found here. Corporate insiders own 11.50% of the company’s stock.
A number of institutional investors have recently modified their holdings of SANW. Carnick & Kubik Group LLC acquired a new position in shares of S&W Seed Co. during the second quarter worth $173,000. Cove Street Capital LLC acquired a new position in shares of S&W Seed Co. during the second quarter worth $457,000. SG Capital Management LLC raised its position in shares of S&W Seed Co. by 0.7% in the second quarter. SG Capital Management LLC now owns 143,346 shares of the company’s stock worth $625,000 after buying an additional 961 shares in the last quarter. Algert Global LLC raised its position in shares of S&W Seed Co. by 159.4% in the second quarter. Algert Global LLC now owns 32,465 shares of the company’s stock worth $142,000 after buying an additional 19,951 shares in the last quarter. Finally, BlackRock Fund Advisors raised its position in shares of S&W Seed Co. by 53.3% in the second quarter. BlackRock Fund Advisors now owns 56,966 shares of the company’s stock worth $248,000 after buying an additional 19,812 shares in the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.
S&W Seed Co. Company Profile
S&W Seed Company is a producer and distributor of alfalfa seed around the world. The Company’s alfalfa seed business encompasses the production, breeding and sale of non-dormant and dormant conventional varieties, and the potential for production and sale of genetically modified organism (GMO) varieties.