Lake Street Capital Lowers S&W Seed (NASDAQ:SANW) Price Target to $25.00

S&W Seed (NASDAQ:SANW) had its target price lowered by equities researchers at Lake Street Capital from $35.00 to $25.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Lake Street Capital’s target price indicates a potential upside of 381.70% from the company’s previous close.

Separately, StockNews.com initiated coverage on S&W Seed in a research report on Monday, May 12th. They issued a “sell” rating on the stock.

S&W Seed Trading Down 4.4%

Shares of S&W Seed stock opened at $5.19 on Friday. The stock has a fifty day simple moving average of $5.91 and a 200 day simple moving average of $6.55. S&W Seed has a 12-month low of $2.10 and a 12-month high of $11.60. The company has a market capitalization of $11.13 million, a P/E ratio of -0.33 and a beta of 2.11. The company has a current ratio of 1.03, a quick ratio of 0.40 and a debt-to-equity ratio of 0.16.

S&W Seed (NASDAQ:SANW) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.57) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.09) by $0.52. S&W Seed had a negative return on equity of 51.47% and a negative net margin of 76.30%. The business had revenue of $9.55 million during the quarter, compared to the consensus estimate of $9.50 million.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in S&W Seed stock. Cutter & CO Brokerage Inc. acquired a new position in S&W Seed (NASDAQ:SANW) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 37,175 shares of the company’s stock, valued at approximately $259,000. Cutter & CO Brokerage Inc. owned about 1.73% of S&W Seed at the end of the most recent quarter. Hedge funds and other institutional investors own 61.68% of the company’s stock.

About S&W Seed

S&W Seed Co engages in the breeding, production, and sale of stevia and alfalfa seeds. The company was founded in 1980 and is headquartered in Longmont, CO.