Equities research analysts predict that S&W Seed (NASDAQ:SANW) will report sales of $57.50 million for the current quarter, according to Zacks. Two analysts have made estimates for S&W Seed’s earnings, with the highest sales estimate coming in at $61.50 million and the lowest estimate coming in at $53.50 million. S&W Seed reported sales of $9.89 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 481.4%. The firm is expected to announce its next earnings report on Thursday, September 19th.
On average, analysts expect that S&W Seed will report full year sales of $120.39 million for the current year, with estimates ranging from $116.40 million to $124.38 million. For the next financial year, analysts expect that the business will post sales of $55.85 million, with estimates ranging from $50.00 million to $61.70 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover S&W Seed.
S&W Seed (NASDAQ:SANW) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.06. S&W Seed had a negative return on equity of 9.19% and a negative net margin of 14.26%. The firm had revenue of $18.18 million for the quarter, compared to the consensus estimate of $13.00 million.
Shares of NASDAQ SANW opened at $2.64 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.34 and a current ratio of 1.59. The business has a 50 day simple moving average of $2.69. S&W Seed has a fifty-two week low of $1.81 and a fifty-two week high of $3.40. The stock has a market capitalization of $85.89 million, a P/E ratio of -12.00 and a beta of 0.47.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Prescott Group Capital Management L.L.C. bought a new position in shares of S&W Seed during the 4th quarter worth $246,000. Dimensional Fund Advisors LP grew its stake in shares of S&W Seed by 11.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 162,512 shares of the company’s stock worth $294,000 after acquiring an additional 16,236 shares during the period. First Manhattan Co. bought a new position in shares of S&W Seed during the 1st quarter worth $182,000. Finally, Teton Advisors Inc. grew its stake in shares of S&W Seed by 1.0% during the 1st quarter. Teton Advisors Inc. now owns 495,000 shares of the company’s stock worth $1,327,000 after acquiring an additional 5,000 shares during the period. Institutional investors own 77.12% 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.
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