Village Farms International’s (VFF) “Hold (C-)” Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their hold (c-) rating on shares of Village Farms International (NASDAQ:VFF) in a research report released on Wednesday,Weiss Ratings reports.

Several other analysts also recently weighed in on VFF. Wall Street Zen upgraded Village Farms International from a “sell” rating to a “buy” rating in a report on Sunday, August 17th. Zacks Research upgraded Village Farms International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Village Farms International currently has a consensus rating of “Buy”.

Village Farms International Stock Performance

VFF stock opened at $3.31 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.65 and a quick ratio of 1.89. The business has a 50-day moving average price of $2.74 and a 200 day moving average price of $1.59. The company has a market capitalization of $372.84 million, a P/E ratio of 36.78 and a beta of 2.24. Village Farms International has a 1-year low of $0.45 and a 1-year high of $3.79.

Village Farms International (NASDAQ:VFF) last released its quarterly earnings data on Monday, August 11th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.12. The firm had revenue of $59.90 million during the quarter, compared to the consensus estimate of $48.86 million. Village Farms International had a negative return on equity of 2.24% and a net margin of 3.42%. As a group, equities research analysts forecast that Village Farms International will post -0.15 EPS for the current fiscal year.

Institutional Investors Weigh In On Village Farms International

A number of large investors have recently modified their holdings of the business. AdvisorShares Investments LLC grew its stake in shares of Village Farms International by 0.8% during the second quarter. AdvisorShares Investments LLC now owns 3,368,688 shares of the company’s stock worth $3,706,000 after acquiring an additional 25,880 shares during the last quarter. Tidal Investments LLC grew its stake in shares of Village Farms International by 3.3% during the second quarter. Tidal Investments LLC now owns 2,778,410 shares of the company’s stock worth $3,056,000 after acquiring an additional 87,726 shares during the last quarter. Perkins Capital Management Inc. grew its stake in shares of Village Farms International by 21.1% during the first quarter. Perkins Capital Management Inc. now owns 1,318,500 shares of the company’s stock worth $798,000 after acquiring an additional 230,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Village Farms International by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock worth $446,000 after acquiring an additional 35,913 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC grew its stake in shares of Village Farms International by 1.7% during the second quarter. Key Client Fiduciary Advisors LLC now owns 687,285 shares of the company’s stock worth $756,000 after acquiring an additional 11,320 shares during the last quarter. Hedge funds and other institutional investors own 12.15% of the company’s stock.

About Village Farms International

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.