S&W Seed (NASDAQ:SANW) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.

Several other brokerages have also issued reports on SANW. B. Riley restated a “buy” rating and set a $6.50 price target on shares of S&W Seed in a research note on Monday, September 18th. Craig Hallum lowered S&W Seed from a “buy” rating to a “hold” rating and lowered their price target for the company from $8.00 to $4.00 in a research note on Friday, September 15th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $5.13.

Shares of S&W Seed (NASDAQ SANW) traded up $0.02 on Friday, reaching $3.42. The company had a trading volume of 37,411 shares, compared to its average volume of 60,633. S&W Seed has a 1 year low of $2.90 and a 1 year high of $5.20. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.36 and a current ratio of 1.16.

S&W Seed (NASDAQ:SANW) last issued its quarterly earnings results on Thursday, November 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.02). S&W Seed had a negative net margin of 14.12% and a negative return on equity of 4.03%. The firm had revenue of $10.71 million for the quarter, compared to the consensus estimate of $9.75 million. analysts anticipate that S&W Seed will post -0.08 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of SANW. Old West Investment Management LLC bought a new stake in shares of S&W Seed in the 3rd quarter valued at approximately $824,000. B. Riley Financial Inc. grew its stake 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 purchasing an additional 240,136 shares during the period. Kennedy Capital Management Inc. grew its stake in shares of S&W Seed by 5.5% in the 2nd quarter. Kennedy Capital Management Inc. now owns 873,443 shares of the company’s stock valued at $3,625,000 after purchasing an additional 45,248 shares during the period. Neuberger Berman Group LLC bought a new stake in shares of S&W Seed in the 2nd quarter valued at approximately $210,000. Finally, Cutter & CO Brokerage Inc. grew its stake in shares of S&W Seed by 10.9% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 585,857 shares of the company’s stock valued at $2,431,000 after purchasing an additional 57,679 shares during the period. Hedge funds and other institutional investors own 62.01% of the company’s stock.

TRADEMARK VIOLATION WARNING: This article was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://www.americanbankingnews.com/2017/12/02/sw-seed-sanw-upgraded-at-valuengine.html.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for S&W Seed (NASDAQ:SANW)

Receive News & Ratings for S&W Seed Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&W Seed and related companies with MarketBeat.com's FREE daily email newsletter.