S&W Seed Company (NASDAQ:SANW) issued its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.03), Bloomberg Earnings reports. The business had revenue of $17.89 million during the quarter, compared to the consensus estimate of $17.34 million. S&W Seed had a negative net margin of 0.46% and a positive return on equity of 1.53%. The firm’s quarterly revenue was down 48.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.08 EPS.

Shares of S&W Seed (SANW) traded down 3.03% on Thursday, reaching $3.20. 61,803 shares of the company were exchanged. The stock’s 50-day moving average is $3.39 and its 200 day moving average is $4.12. The firm’s market capitalization is $57.53 million. S&W Seed has a 12-month low of $3.13 and a 12-month high of $5.35.

A number of research analysts recently issued reports on the stock. B. Riley reiterated a “buy” rating and issued a $8.00 price objective on shares of S&W Seed in a report on Wednesday. Bank of America Corporation assumed coverage on shares of S&W Seed in a report on Thursday, June 15th. They issued a “buy” rating for the company. Finally, ValuEngine lowered shares of S&W Seed from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. S&W Seed currently has a consensus rating of “Hold” and a consensus target price of $6.00.

In related news, major shareholder Wynnefield Partners Small Cap acquired 750,000 shares of the stock in a transaction on Wednesday, July 19th. The stock was purchased at an average price of $4.00 per share, for a total transaction of $3,000,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mfp Partners Lp acquired 375,000 shares of the stock in a transaction on Tuesday, August 15th. The stock was bought at an average price of $3.20 per share, with a total value of $1,200,000.00. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 1,321,900 shares of company stock valued at $5,019,104 and sold 32,219 shares valued at $114,021. Insiders own 12.10% of the company’s stock.

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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.

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

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