The S&W Seed Company to Post Q1 2018 Earnings of ($0.10) Per Share, Zacks Investment Research Forecasts (SANW)

The S&W Seed Company to Post Q1 2018 Earnings of ($0.10) Per Share, Zacks Investment Research Forecasts (SANW)

S&W Seed Company (NASDAQ:SANW) – Investment analysts at Zacks Investment Research increased their Q1 2018 EPS estimates for shares of S&W Seed Company in a research note issued on Wednesday. Zacks Investment Research analyst I. Gilson now anticipates that the company will post earnings per share of ($0.10) for the quarter, up from their previous forecast of ($0.11). Zacks Investment Research also issued estimates for S&W Seed Company’s Q2 2018 earnings at $0.03 EPS, Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.01 EPS and FY2019 earnings at $0.04 EPS.

A number of other research analysts have also recently issued reports on the company. Piper Jaffray Companies cut S&W Seed Company from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $6.00 to $4.00 in a research report on Thursday, May 11th. B. Riley started coverage on S&W Seed Company in a research report on Monday, April 3rd. They issued a “buy” rating and a $9.00 target price on the stock. Finally, Roth Capital set a $6.00 target price on S&W Seed Company and gave the company a “buy” rating in a research report on Saturday, May 13th.

S&W Seed Company (NASDAQ SANW) opened at 4.10 on Monday. S&W Seed Company has a 52-week low of $3.95 and a 52-week high of $5.35. The firm’s 50-day moving average is $4.54 and its 200-day moving average is $4.60. The firm’s market capitalization is $73.71 million. In other news, major shareholder Wynnefield Partners Small Cap purchased 157,000 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The shares were purchased at an average cost of $4.05 per share, with a total value of $635,850.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Glen D. Bornt sold 12,274 shares of S&W Seed Company stock in a transaction dated Tuesday, April 4th. The shares were sold at an average price of $5.00, for a total value of $61,370.00. Following the sale, the director now directly owns 174,100 shares in the company, valued at $870,500. The disclosure for this sale can be found here. Over the last three months, insiders have bought 285,060 shares of company stock worth $1,181,132 and have sold 31,081 shares worth $153,808. Company insiders own 12.10% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Vertex One Asset Management Inc. purchased a new stake in shares of S&W Seed Company during the fourth quarter worth approximately $249,000. Wellington Management Group LLP raised its stake in shares of S&W Seed Company by 63.7% in the first quarter. Wellington Management Group LLP now owns 56,268 shares of the company’s stock worth $279,000 after buying an additional 21,904 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of S&W Seed Company by 23.4% in the fourth quarter. Renaissance Technologies LLC now owns 86,500 shares of the company’s stock worth $398,000 after buying an additional 16,400 shares during the last quarter. S Squared Technology LLC purchased a new stake in shares of S&W Seed Company during the first quarter worth approximately $469,000. Finally, B. Riley Financial Inc. purchased a new stake in shares of S&W Seed Company during the first quarter worth approximately $480,000. 61.60% of the stock is currently owned by hedge funds and other institutional investors. S&W Seed Company Company Profile

S&W Seed Company (S&W) is a global agricultural company. The Company focuses on the breeding, production and sale of alfalfa seed. In addition to its primary activities in alfalfa seed, it also offers hybrid sorghum and sunflower seed germplasm. As of June 30, 2016, the Company sold its alfalfa seed varieties in more than 30 countries across the globe.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:SANW”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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