Zacks: Analysts Expect S&W Seed (NASDAQ:SANW) to Post -$0.10 Earnings Per Share


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Wall Street brokerages expect that S&W Seed (NASDAQ:SANW) will report ($0.10) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for S&W Seed’s earnings, with estimates ranging from ($0.12) to ($0.08). S&W Seed posted earnings of ($0.09) per share in the same quarter last year, which would indicate a negative year over year growth rate of 11.1%. The business is scheduled to announce its next earnings results on Thursday, May 13th.

According to Zacks, analysts expect that S&W Seed will report full year earnings of ($0.58) per share for the current year, with EPS estimates ranging from ($0.60) to ($0.55). For the next financial year, analysts expect that the firm will post earnings of ($0.38) per share, with EPS estimates ranging from ($0.45) to ($0.30). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that follow S&W Seed.

S&W Seed (NASDAQ:SANW) last posted its quarterly earnings results on Wednesday, February 10th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.04). S&W Seed had a negative return on equity of 25.28% and a negative net margin of 27.01%. The company had revenue of $15.05 million for the quarter, compared to the consensus estimate of $15.00 million.

Separately, Zacks Investment Research lowered S&W Seed from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 18th.

SANW opened at $3.78 on Monday. The stock’s 50 day simple moving average is $3.65 and its 200 day simple moving average is $3.04. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.49 and a quick ratio of 0.41. S&W Seed has a 1 year low of $1.67 and a 1 year high of $4.36. The firm has a market cap of $132.60 million, a price-to-earnings ratio of -5.82 and a beta of 0.68.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kovack Advisors Inc. purchased a new stake in S&W Seed in the 4th quarter worth approximately $29,000. BlackRock Inc. lifted its stake in shares of S&W Seed by 6.7% in the 4th quarter. BlackRock Inc. now owns 83,264 shares of the company’s stock valued at $244,000 after purchasing an additional 5,203 shares during the period. Virtu Financial LLC purchased a new position in shares of S&W Seed in the 4th quarter valued at approximately $33,000. Finally, Renaissance Technologies LLC lifted its stake in shares of S&W Seed by 6.6% in the 4th quarter. Renaissance Technologies LLC now owns 169,202 shares of the company’s stock valued at $496,000 after purchasing an additional 10,511 shares during the period. Institutional investors and hedge funds own 75.72% of the company’s stock.

About S&W Seed

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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Earnings History and Estimates for S&W Seed (NASDAQ:SANW)

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