Village Farms International (NASDAQ:VFF) Lowered to “Hold” Rating by Wall Street Zen

Village Farms International (NASDAQ:VFF) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

A number of other analysts have also recently weighed in on VFF. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Village Farms International in a research report on Tuesday, January 27th. Zacks Research cut Village Farms International from a “hold” rating to a “strong sell” rating in a research note on Monday, March 16th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Village Farms International has an average rating of “Hold”.

Village Farms International Trading Down 5.2%

NASDAQ VFF opened at $2.54 on Friday. The firm has a market capitalization of $292.35 million, a price-to-earnings ratio of 9.41 and a beta of 1.23. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.93 and a current ratio of 2.64. Village Farms International has a one year low of $0.45 and a one year high of $4.99. The company’s 50 day moving average price is $3.29 and its 200 day moving average price is $3.31.

Village Farms International (NASDAQ:VFF) last released its quarterly earnings data on Thursday, March 12th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.04). Village Farms International had a return on equity of 5.79% and a net margin of 12.81%.The business had revenue of $49.62 million during the quarter, compared to analyst estimates of $60.32 million. On average, sell-side analysts predict that Village Farms International will post -0.15 EPS for the current year.

Institutional Investors Weigh In On Village Farms International

A number of large investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd purchased a new stake in Village Farms International during the 4th quarter worth $27,000. Barclays PLC purchased a new position in Village Farms International in the 4th quarter valued at about $29,000. Traynor Capital Management Inc. acquired a new stake in shares of Village Farms International during the third quarter valued at about $31,000. Kestra Private Wealth Services LLC purchased a new stake in shares of Village Farms International during the fourth quarter worth about $40,000. Finally, Thompson Davis & CO. Inc. purchased a new stake in shares of Village Farms International during the fourth quarter worth about $43,000. 12.15% of the stock is owned by institutional investors and hedge funds.

Village Farms International Company Profile

Village Farms International, Inc is a North American agricultural company specializing in greenhouse cultivation of fresh produce and cannabis. Through its wholly owned operations, the company grows a variety of high-quality vegetables, including tomatoes, cucumbers and sweet peppers, using controlled-environment agriculture techniques designed to maximize yield and sustainability. Village Farms leverages advanced climate and hydroponic systems to deliver consistent year-round supply to major grocery retailers across the United States and Canada.

In its produce segment, Village Farms operates large-scale greenhouse facilities in Texas and Canada.