S&W Seed (SANW) Expected to Announce Earnings of -$0.16 Per Share

Analysts expect S&W Seed (NASDAQ:SANW) to report earnings per share (EPS) of ($0.16) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for S&W Seed’s earnings. The lowest EPS estimate is ($0.17) and the highest is ($0.15). S&W Seed posted earnings of $0.08 per share in the same quarter last year, which indicates a negative year over year growth rate of 300%. The firm is scheduled to announce its next quarterly earnings results 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 fiscal year. For the next year, analysts expect that the business will post earnings of ($0.33) per share, with EPS estimates ranging from ($0.36) to ($0.29). Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for S&W Seed.

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

A number of brokerages have weighed in on SANW. Zacks Investment Research downgraded S&W Seed from a “buy” rating to a “hold” rating in a report on Thursday, February 14th. National Securities reiterated a “buy” rating and issued a $6.00 target price on shares of S&W Seed in a report on Thursday, February 14th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $5.00.

SANW stock traded down $0.02 during mid-day trading on Wednesday, reaching $2.66. The company’s stock had a trading volume of 1,611 shares, compared to its average volume of 17,091. The company has a market cap of $88.50 million, a P/E ratio of -12.09 and a beta of 0.46. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.47 and a current ratio of 1.51. S&W Seed has a 12 month low of $1.81 and a 12 month high of $3.80.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SANW. Koshinski Asset Management Inc. increased its holdings in shares of 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 acquiring an additional 178,120 shares in the last quarter. Prescott Group Capital Management L.L.C. bought a new stake in shares of S&W Seed during the fourth quarter valued at approximately $246,000. Finally, Dimensional Fund Advisors LP increased its holdings 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 valued at $358,000 after acquiring an additional 20,253 shares in the last quarter. Hedge funds and other institutional investors own 76.83% of the company’s stock.

S&W Seed Company Profile

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.

Featured Article: Do investors pay a separate front-end load every time they buy additional shares?

Get a free copy of the Zacks research report on S&W Seed (SANW)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for S&W Seed Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&W Seed and related companies with MarketBeat.com's FREE daily email newsletter.