Wall Street analysts expect that S&W Seed (NASDAQ:SANW) will announce $0.02 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for S&W Seed’s earnings, with the highest EPS estimate coming in at $0.05 and the lowest estimate coming in at ($0.02). S&W Seed posted earnings of $0.05 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 60%. The firm is scheduled to report its next quarterly earnings report on Wednesday, May 9th.
According to Zacks, analysts expect that S&W Seed will report full-year earnings of ($0.09) per share for the current financial year, with EPS estimates ranging from ($0.11) to ($0.06). For the next fiscal year, analysts expect that the company will post earnings of ($0.04) per share, with EPS estimates ranging from ($0.12) to $0.01. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover S&W Seed.
A number of research firms have weighed in on SANW. B. Riley decreased their price objective on S&W Seed from $6.50 to $5.50 and set a “buy” rating for the company in a research report on Friday, February 9th. Noble Financial began coverage on S&W Seed in a research report on Wednesday, January 24th. They set a “buy” rating and a $7.00 price objective for the company. Finally, ValuEngine raised S&W Seed from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $5.30.
A number of institutional investors have recently bought and sold shares of the business. Price Michael F lifted its position in S&W Seed by 51.2% during the 4th quarter. Price Michael F now owns 6,814,339 shares of the company’s stock worth $26,576,000 after acquiring an additional 2,306,501 shares during the period. Alta Fundamental Advisers LLC acquired a new stake in shares of S&W Seed in the 4th quarter valued at approximately $1,694,000. B. Riley Financial Inc. lifted its holdings in shares of S&W Seed by 151.9% in the 3rd quarter. B. Riley Financial Inc. now owns 398,190 shares of the company’s stock valued at $1,272,000 after buying an additional 240,136 shares during the period. Birch Run Capital Advisors LP acquired a new stake in shares of S&W Seed in the 4th quarter valued at approximately $1,465,000. Finally, Fairpointe Capital LLC acquired a new stake in shares of S&W Seed in the 4th quarter valued at approximately $1,392,000. 60.13% of the stock is owned by institutional investors.
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S&W Seed Company Profile
S&W Seed Company (S&W) is a global agricultural company. The Company focuses on the breeding, production and sale of alfalfa seed. In addition to its primary activities in alfalfa seed, it also offers hybrid sorghum and sunflower seed germplasm. As of June 30, 2016, the Company sold its alfalfa seed varieties in more than 30 countries across the globe.
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