Bioceres Crop Solutions (NASDAQ:BIOX) Receives New Coverage from Analysts at Roth Mkm

Roth Mkm initiated coverage on shares of Bioceres Crop Solutions (NASDAQ:BIOXFree Report) in a research report report published on Tuesday, MarketBeat.com reports. The brokerage issued a buy rating and a $15.00 target price on the stock.

Bioceres Crop Solutions Price Performance

BIOX stock opened at $11.00 on Tuesday. Bioceres Crop Solutions has a 52 week low of $10.10 and a 52 week high of $14.05. The firm has a market capitalization of $690.80 million, a P/E ratio of 1,100.00 and a beta of 0.50. The company has a fifty day simple moving average of $11.36 and a two-hundred day simple moving average of $12.49. The company has a quick ratio of 0.83, a current ratio of 1.22 and a debt-to-equity ratio of 0.29.

Bioceres Crop Solutions (NASDAQ:BIOXGet Free Report) last announced its quarterly earnings results on Wednesday, May 29th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). Bioceres Crop Solutions had a net margin of 0.21% and a return on equity of 0.28%. The business had revenue of $83.98 million during the quarter, compared to the consensus estimate of $88.80 million. Analysts anticipate that Bioceres Crop Solutions will post 0.39 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bioceres Crop Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the company. Activest Wealth Management bought a new position in Bioceres Crop Solutions during the 1st quarter valued at about $30,000. Cape Investment Advisory Inc. purchased a new position in shares of Bioceres Crop Solutions during the fourth quarter valued at approximately $33,000. Oppenheimer & Co. Inc. bought a new position in shares of Bioceres Crop Solutions during the first quarter valued at approximately $139,000. Lazard Asset Management LLC purchased a new stake in shares of Bioceres Crop Solutions in the first quarter worth approximately $212,000. Finally, One Degree Advisors Inc bought a new stake in shares of Bioceres Crop Solutions during the 4th quarter worth approximately $291,000. Hedge funds and other institutional investors own 17.68% of the company’s stock.

Bioceres Crop Solutions Company Profile

(Get Free Report)

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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