Brokerages Expect S&W Seed (SANW) to Announce -$0.16 EPS

Equities research analysts expect S&W Seed (NASDAQ:SANW) to announce earnings of ($0.16) per share for the current quarter, according to Zacks. Two analysts have issued estimates for S&W Seed’s earnings, with the lowest EPS estimate coming in at ($0.17) and the highest estimate coming in at ($0.15). S&W Seed posted earnings per share of $0.08 in the same quarter last year, which suggests a negative year over year growth rate of 300%. The company is scheduled to report its next earnings report on Wednesday, May 8th.

According to Zacks, analysts expect that S&W Seed will report full year earnings of ($0.39) per share for the current year. For the next financial year, analysts expect that the company will report earnings of ($0.33) per share, with EPS estimates ranging from ($0.36) to ($0.29). Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that follow S&W Seed.

S&W Seed (NASDAQ:SANW) last issued its earnings results on Tuesday, February 12th. The company reported ($0.07) EPS for the quarter, hitting the consensus estimate of ($0.07). S&W Seed had a negative return on equity of 4.29% and a negative net margin of 6.77%. The company had revenue of $18.58 million during the quarter, compared to analyst estimates of $20.00 million.

Several equities analysts have recently weighed in on SANW shares. National Securities began coverage on shares of S&W Seed in a report on Wednesday, January 23rd. They set a “buy” rating and a $6.00 price objective on the stock. Zacks Investment Research downgraded shares of S&W Seed from a “buy” rating to a “hold” rating in a research report on Thursday, February 14th.

Institutional investors and hedge funds have recently made changes to their positions in the company. Prescott Group Capital Management L.L.C. purchased a new position in S&W Seed in the fourth quarter worth about $246,000. Dimensional Fund Advisors LP boosted its position in shares of S&W Seed by 16.1% during the third quarter. Dimensional Fund Advisors LP now owns 146,276 shares of the company’s stock worth $358,000 after acquiring an additional 20,253 shares during the last quarter. Koshinski Asset Management Inc. raised its stake in S&W Seed by 197.1% during the third quarter. Koshinski Asset Management Inc. now owns 268,488 shares of the company’s stock valued at $658,000 after purchasing an additional 178,120 shares in the last quarter. Finally, First Manhattan Co. purchased a new stake in shares of S&W Seed in the first quarter valued at $182,000. 76.83% of the stock is currently owned by hedge funds and other institutional investors.

Shares of SANW stock opened at $2.99 on Friday. The company has a quick ratio of 0.47, a current ratio of 1.51 and a debt-to-equity ratio of 0.12. S&W Seed has a 1 year low of $1.81 and a 1 year high of $3.80. The firm has a market cap of $99.48 million, a price-to-earnings ratio of -13.59 and a beta of 0.46.

About S&W Seed

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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