S&W Seed (SANW) Receives Average Recommendation of “Buy” from Brokerages

S&W Seed (NASDAQ:SANW) has received a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $5.30.

SANW has been the subject of a number of research analyst reports. ValuEngine upgraded S&W Seed from a “sell” rating to a “hold” rating in a report on Friday, December 1st. B. Riley restated a “buy” rating and issued a $6.50 target price on shares of S&W Seed in a report on Monday, December 11th. Finally, Noble Financial began coverage on shares of S&W Seed in a research note on Wednesday, January 24th. They issued a “buy” rating and a $7.00 price target on the stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. B. Riley Financial Inc. increased its stake in shares of S&W Seed by 151.9% in the third quarter. B. Riley Financial Inc. now owns 398,190 shares of the company’s stock worth $1,272,000 after acquiring an additional 240,136 shares during the last quarter. Old West Investment Management LLC acquired a new position in shares of S&W Seed in the third quarter worth $824,000. Finally, Teton Advisors Inc. acquired a new position in shares of S&W Seed in the fourth quarter worth $208,000. 61.35% of the stock is currently owned by institutional investors and hedge funds.

Shares of S&W Seed (NASDAQ SANW) opened at $3.58 on Monday. The stock has a market capitalization of $87.00, a price-to-earnings ratio of -5.04 and a beta of -0.79. S&W Seed has a 1-year low of $2.90 and a 1-year high of $5.20. The company has a quick ratio of 0.36, a current ratio of 1.16 and a debt-to-equity ratio of 0.02.

S&W Seed (NASDAQ:SANW) last released its earnings results on Thursday, November 9th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.02). The business had revenue of $10.71 million during the quarter, compared to analysts’ expectations of $9.75 million. S&W Seed had a negative net margin of 17.08% and a negative return on equity of 4.78%. sell-side analysts expect that S&W Seed will post -0.08 EPS for the current fiscal year.

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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.

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

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