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

Weiss Ratings reissued their hold (c) rating on shares of Village Farms International (NASDAQ:VFF) in a report released on Thursday morning,Weiss Ratings reports.

A number of other brokerages have also commented on VFF. Zacks Research lowered Village Farms International from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 10th. Wall Street Zen upgraded Village Farms International from a “sell” rating to a “buy” rating in a research report on Sunday, August 17th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Village Farms International has a consensus rating of “Moderate Buy”.

Village Farms International Stock Performance

VFF opened at $3.17 on Thursday. Village Farms International has a 52-week low of $0.45 and a 52-week high of $3.79. The company has a quick ratio of 1.89, a current ratio of 2.65 and a debt-to-equity ratio of 0.11. The company has a market cap of $357.08 million, a P/E ratio of 35.23 and a beta of 2.24. The firm’s 50-day moving average price is $2.98 and its 200-day moving average price is $1.88.

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

Institutional Investors Weigh In On Village Farms International

Several hedge funds have recently bought and sold shares of the stock. AdvisorShares Investments LLC boosted its position in Village Farms International by 0.8% in the 2nd quarter. AdvisorShares Investments LLC now owns 3,368,688 shares of the company’s stock worth $3,706,000 after purchasing an additional 25,880 shares in the last quarter. Tidal Investments LLC boosted its position in Village Farms International by 3.3% in the 2nd quarter. Tidal Investments LLC now owns 2,778,410 shares of the company’s stock worth $3,056,000 after purchasing an additional 87,726 shares in the last quarter. Perkins Capital Management Inc. boosted its position in Village Farms International by 21.1% in the 1st quarter. Perkins Capital Management Inc. now owns 1,318,500 shares of the company’s stock worth $798,000 after purchasing an additional 230,000 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Village Farms International by 5.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock worth $446,000 after purchasing an additional 35,913 shares in the last quarter. Finally, Key Client Fiduciary Advisors LLC boosted its position in Village Farms International by 1.7% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 687,285 shares of the company’s stock worth $756,000 after purchasing an additional 11,320 shares in the last quarter. Hedge funds and other institutional investors own 12.15% of the company’s stock.

Village Farms International Company Profile

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.