Published On: Mon, Sep 19th, 2016

Q2 2017 EPS Estimates for S&W Seed Co. (SANW) Cut by Analyst

S&W Seed Co. (NASDAQ:SANW) – Equities research analysts at Roth Capital decreased their Q2 2017 earnings estimates for S&W Seed Co. in a research note issued on Friday. Roth Capital analyst G. Sweeney now forecasts that the brokerage will earn $0.05 per share for the quarter, down from their previous forecast of $0.06. Roth Capital currently has a “Buy” rating and a $8.00 target price on the stock. Roth Capital also issued estimates for S&W Seed Co.’s Q3 2017 earnings at $0.06 EPS, Q4 2017 earnings at $0.09 EPS, FY2017 earnings at $0.09 EPS and FY2018 earnings at $0.16 EPS.
S&W Seed Co. (NASDAQ:SANW) last released its quarterly earnings data on Thursday, September 15th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.02. The company earned $34.60 million during the quarter. S&W Seed Co. had a net margin of 0.38% and a return on equity of 0.70%. The business’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.05 EPS.
Shares of S&W Seed Co. (NASDAQ:SANW) opened at 4.85 on Monday. The stock has a 50 day moving average of $4.78 and a 200 day moving average of $4.49. S&W Seed Co. has a 1-year low of $3.90 and a 1-year high of $5.42. The company’s market cap is $81.65 million.

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In related news, major shareholder Wynnefield Partners Small Cap acquired 18,038 shares of the firm’s stock in a transaction that occurred on Monday, June 27th. The shares were bought at an average cost of $4.25 per share, for a total transaction of $76,661.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.50% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kennedy Capital Management Inc. boosted its position in S&W Seed Co. by 13.8% in the first quarter. Kennedy Capital Management Inc. now owns 744,296 shares of the company’s stock valued at $3,111,000 after buying an additional 90,360 shares during the period. Price Michael F boosted its position in S&W Seed Co. by 25.8% in the first quarter. Price Michael F now owns 3,113,423 shares of the company’s stock valued at $13,014,000 after buying an additional 638,701 shares during the period. 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 valued at $311,000 after buying an additional 6,500 shares during the period. 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 valued at $196,000 after buying an additional 4,843 shares during the period. Finally, Carnick & Kubik Group LLC bought a new position in S&W Seed Co. during the second quarter valued at $173,000. Institutional investors own 60.92% of the company’s stock.
About S&W Seed Co.
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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