Published On: Mon, Sep 19th, 2016

Brokers Set Expectations for S&W Seed Co.’s Q2 2017 Earnings (SANW)

S&W Seed Co. (NASDAQ:SANW) – Research analysts at Zacks Investment Research lowered their Q2 2017 earnings per share estimates for shares of S&W Seed Co. in a note issued to investors on Thursday. Zacks Investment Research analyst I. Gilson now expects that the brokerage will earn ($0.01) per share for the quarter, down from their previous estimate of $0.02. Zacks Investment Research also issued estimates for S&W Seed Co.’s Q3 2017 earnings at $0.05 EPS, Q4 2017 earnings at $0.12 EPS, FY2017 earnings at $0.04 EPS, Q2 2018 earnings at $0.02 EPS, Q3 2018 earnings at $0.07 EPS, Q4 2018 earnings at $0.14 EPS and FY2018 earnings at $0.12 EPS.
S&W Seed Co. (NASDAQ:SANW) last issued its earnings results on Thursday, September 15th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.02. The business earned $34.60 million during the quarter. S&W Seed Co. had a return on equity of 0.70% and a net margin of 0.38%. The firm’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.05 EPS.
Separately, Roth Capital set a $8.00 price objective on S&W Seed Co. and gave the company a “buy” rating in a research report on Wednesday, September 14th.

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Shares of S&W Seed Co. (NASDAQ:SANW) opened at 4.85 on Monday. The stock’s market cap is $81.65 million. The firm has a 50-day moving average price of $4.78 and a 200 day moving average price of $4.49. S&W Seed Co. has a 52 week low of $3.90 and a 52 week high of $5.42.
In other S&W Seed Co. news, major shareholder Wynnefield Partners Small Cap purchased 18,038 shares of the stock in a transaction that occurred on Monday, June 27th. The shares were bought at an average cost of $4.25 per share, with a total value of $76,661.50. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 11.50% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the company. SG Capital Management LLC boosted its position in S&W Seed Co. by 0.7% in the second quarter. SG Capital Management LLC now owns 143,346 shares of the company’s stock worth $625,000 after buying an additional 961 shares in the last quarter. Geode Capital Management LLC boosted its position in S&W Seed Co. by 11.5% in the first quarter. Geode Capital Management LLC now owns 47,087 shares of the company’s stock worth $196,000 after buying an additional 4,843 shares in the last quarter. Renaissance Technologies LLC boosted its position in S&W Seed Co. by 9.6% in the first quarter. Renaissance Technologies LLC now owns 74,500 shares of the company’s stock worth $311,000 after buying an additional 6,500 shares in the last quarter. Vanguard Group Inc. boosted its position in S&W Seed Co. by 3.1% in the second quarter. Vanguard Group Inc. now owns 458,344 shares of the company’s stock worth $1,999,000 after buying an additional 13,831 shares in the last quarter. Finally, BlackRock Fund Advisors boosted its position in S&W Seed Co. by 53.3% in the second quarter. BlackRock Fund Advisors now owns 56,966 shares of the company’s stock worth $248,000 after buying an additional 19,812 shares in the last quarter. 60.92% of the stock is currently owned by institutional investors.
S&W Seed Co. Company Profile
S&W Seed Company is a producer and distributor of alfalfa seed around the world. The Company’s alfalfa seed business encompasses the production, breeding and sale of non-dormant and dormant conventional varieties, and the potential for production and sale of genetically modified organism (GMO) varieties.

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