S&W Seed (NASDAQ:SANW) posted its earnings results on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.08, MarketWatch Earnings reports. S&W Seed had a negative net margin of 7.37% and a negative return on equity of 6.13%. The company had revenue of $26.12 million during the quarter, compared to analysts’ expectations of $15.00 million.
Shares of NASDAQ:SANW traded down $0.06 during trading on Friday, reaching $3.03. The stock had a trading volume of 5,813 shares, compared to its average volume of 24,160. S&W Seed has a 52 week low of $2.35 and a 52 week high of $4.40. The company has a current ratio of 2.00, a quick ratio of 0.46 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $79.27 million, a P/E ratio of -13.77 and a beta of -0.55.
Separately, B. Riley cut their target price on shares of S&W Seed from $4.50 to $4.00 and set a “buy” rating for the company in a research note on Monday, September 24th.
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S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa seeds. The company sells its seeds to distributors and dealers in approximately 30 countries worldwide. S&W Seed Company was founded in 1980 and is headquartered in Sacramento, California.
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