S&W Seed’s (SANW) Buy Rating Reiterated at National Securities

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S&W Seed (NASDAQ:SANW)‘s stock had its “buy” rating restated by investment analysts at National Securities in a research note issued on Thursday, AnalystRatings.com reports. They currently have a $6.00 target price on the stock. National Securities’ target price would suggest a potential upside of 164.32% from the stock’s previous close.

Several other research firms have also issued reports on SANW. B. Riley restated a “buy” rating and issued a $4.60 price target on shares of S&W Seed in a research report on Tuesday. Zacks Investment Research downgraded shares of S&W Seed from a “strong-buy” rating to a “hold” rating in a report on Saturday, November 23rd. Finally, ValuEngine downgraded shares of S&W Seed from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th.

NASDAQ SANW opened at $2.27 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.16 and a quick ratio of 0.43. The firm has a market capitalization of $72.94 million, a price-to-earnings ratio of -5.16 and a beta of 0.54. The company’s fifty day moving average is $2.18 and its two-hundred day moving average is $2.35. S&W Seed has a 52-week low of $1.91 and a 52-week high of $3.20.

S&W Seed (NASDAQ:SANW) last posted its quarterly earnings results on Wednesday, February 12th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.06). The company had revenue of $12.35 million during the quarter, compared to analyst estimates of $10.60 million. S&W Seed had a positive return on equity of 6.67% and a negative net margin of 14.86%. As a group, sell-side analysts expect that S&W Seed will post -0.46 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its stake in shares of S&W Seed by 95.3% in the fourth quarter. Renaissance Technologies LLC now owns 50,987 shares of the company’s stock worth $107,000 after acquiring an additional 24,883 shares during the last quarter. Cutter & CO Brokerage Inc. raised its stake in shares of S&W Seed by 3.6% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 1,246,709 shares of the company’s stock worth $2,618,000 after acquiring an additional 43,297 shares during the last quarter. Koshinski Asset Management Inc. bought a new position in shares of S&W Seed in the fourth quarter worth about $462,000. Shufro Rose & Co. LLC raised its stake in shares of S&W Seed by 34.5% in the fourth quarter. Shufro Rose & Co. LLC now owns 58,500 shares of the company’s stock worth $123,000 after acquiring an additional 15,000 shares during the last quarter. Finally, Fairpointe Capital LLC raised its stake in shares of S&W Seed by 14.0% in the third quarter. Fairpointe Capital LLC now owns 407,048 shares of the company’s stock worth $969,000 after acquiring an additional 50,000 shares during the last quarter. 76.30% of the stock is owned by institutional investors.

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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