S&W Seed (NASDAQ:SANW) Upgraded by StockNews.com to “Hold”

S&W Seed (NASDAQ:SANW – Get Rating) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a report released on Monday.

Separately, Zacks Investment Research lowered S&W Seed from a “hold” rating to a “sell” rating in a research note on Wednesday, February 16th. 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. According to MarketBeat, S&W Seed currently has a consensus rating of “Hold” and a consensus price target of $4.58.

NASDAQ:SANW traded up $0.05 on Monday, hitting $1.31. 168,080 shares of the stock were exchanged, compared to its average volume of 271,953. The stock has a market cap of $54.44 million, a PE ratio of -1.98 and a beta of 1.24. The company has a current ratio of 1.67, a quick ratio of 0.37 and a debt-to-equity ratio of 0.45. The stock has a fifty day moving average of $1.71 and a 200-day moving average of $2.30. S&W Seed has a fifty-two week low of $1.21 and a fifty-two week high of $4.60.

S&W Seed (NASDAQ:SANW – Get Rating) last announced its quarterly earnings results on Monday, May 16th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.08). The firm had revenue of $23.19 million for the quarter, compared to analyst estimates of $22.00 million. S&W Seed had a negative return on equity of 42.66% and a negative net margin of 33.98%. During the same quarter in the prior year, the company earned ($0.07) earnings per share. As a group, analysts predict that S&W Seed will post -0.58 earnings per share for the current year.

Several hedge funds have recently bought and sold shares of SANW. Cutter & CO Brokerage Inc. lifted its holdings in S&W Seed by 16.5% during the 1st quarter. Cutter & CO Brokerage Inc. now owns 1,238,414 shares of the company’s stock worth $2,638,000 after buying an additional 174,953 shares during the last quarter. Oak Family Advisors LLC lifted its holdings in S&W Seed by 56.8% during the 1st quarter. Oak Family Advisors LLC now owns 528,196 shares of the company’s stock worth $1,125,000 after buying an additional 191,248 shares during the last quarter. Prescott Group Capital Management L.L.C. lifted its holdings in shares of S&W Seed by 8.8% in the 1st quarter. Prescott Group Capital Management L.L.C. now owns 369,700 shares of the company’s stock worth $787,000 after purchasing an additional 30,000 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of S&W Seed by 8.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 197,498 shares of the company’s stock worth $421,000 after purchasing an additional 14,810 shares during the last quarter. Finally, Shufro Rose & Co. LLC lifted its holdings in shares of S&W Seed by 68.6% in the 1st quarter. Shufro Rose & Co. LLC now owns 193,009 shares of the company’s stock worth $411,000 after purchasing an additional 78,509 shares during the last quarter.

S&W Seed Company Profile (Get Rating)

S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. It also offers sunflower, wheat germplasm, wheat, and pasture seeds. The company sells its seeds to distributors and dealers in 40 countries. S&W Seed Company was founded in 1980 and is headquartered in Longmont, Colorado.

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