Bioceres Crop Solutions Corp. (NASDAQ:BIOX – Free Report) – Equities researchers at Brookline Capital Management cut their FY2029 EPS estimates for Bioceres Crop Solutions in a research report issued on Wednesday, May 21st. Brookline Capital Management analyst K. Dolliver now anticipates that the company will post earnings per share of $0.82 for the year, down from their previous forecast of $0.97. The consensus estimate for Bioceres Crop Solutions’ current full-year earnings is ($0.05) per share.
A number of other analysts have also issued reports on the stock. Canaccord Genuity Group lowered their target price on shares of Bioceres Crop Solutions from $7.00 to $6.50 and set a “buy” rating for the company in a research note on Thursday, February 13th. Oppenheimer lowered their target price on shares of Bioceres Crop Solutions from $8.00 to $7.00 and set an “outperform” rating for the company in a research note on Tuesday, April 22nd. Finally, Lake Street Capital lowered their target price on shares of Bioceres Crop Solutions from $13.00 to $8.00 and set a “buy” rating for the company in a research note on Friday, February 7th. Four equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $8.63.
Bioceres Crop Solutions Stock Up 2.2%
Shares of NASDAQ BIOX opened at $4.63 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.33 and a quick ratio of 0.96. The company has a market cap of $290.35 million, a P/E ratio of 231.62 and a beta of 0.40. Bioceres Crop Solutions has a 1 year low of $3.51 and a 1 year high of $11.86. The firm has a 50-day simple moving average of $4.35 and a two-hundred day simple moving average of $5.47.
Bioceres Crop Solutions (NASDAQ:BIOX – Get Free Report) last announced its quarterly earnings data on Wednesday, May 21st. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.08. The business had revenue of $59.60 million during the quarter, compared to the consensus estimate of $61.80 million. Bioceres Crop Solutions had a net margin of 0.58% and a return on equity of 0.68%.
Institutional Trading of Bioceres Crop Solutions
Large investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its stake in shares of Bioceres Crop Solutions by 3,535.8% during the first quarter. Jones Financial Companies Lllp now owns 5,490 shares of the company’s stock valued at $25,000 after purchasing an additional 5,339 shares during the period. Bank of America Corp DE lifted its stake in Bioceres Crop Solutions by 186.8% in the fourth quarter. Bank of America Corp DE now owns 5,735 shares of the company’s stock worth $35,000 after acquiring an additional 3,735 shares during the period. Jump Financial LLC purchased a new stake in Bioceres Crop Solutions in the fourth quarter worth about $72,000. Avanza Fonder AB purchased a new stake in Bioceres Crop Solutions in the first quarter worth about $72,000. Finally, PDT Partners LLC purchased a new stake in Bioceres Crop Solutions in the first quarter worth about $81,000. 17.68% of the stock is owned by hedge funds and other institutional investors.
Bioceres Crop Solutions Company Profile
Bioceres Crop Solutions Corp., together with its subsidiaries, provides crop productivity solutions. It operates through Seed and Integrated Products, Crop Protection, and Crop Nutrition segments. The Seed and Integrated Products segment provides seed traits, germplasms, and seed treatment packs for healthier, and higher yielding crops.
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