Media coverage about S&W Seed (NASDAQ:SANW) has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. S&W Seed earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.0938555625917 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of S&W Seed (NASDAQ SANW) traded down 1.56% during mid-day trading on Wednesday, reaching $3.15. The company had a trading volume of 62,182 shares. S&W Seed has a 12-month low of $2.90 and a 12-month high of $5.25. The firm’s market capitalization is $65.18 million. The stock has a 50 day moving average price of $3.28 and a 200 day moving average price of $3.83.
S&W Seed (NASDAQ:SANW) last issued its quarterly earnings data on Thursday, September 14th. The company reported ($0.08) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.03). The business had revenue of $17.89 million during the quarter, compared to the consensus estimate of $17.34 million. S&W Seed had a negative return on equity of 2.67% and a negative net margin of 15.68%. S&W Seed’s quarterly revenue was down 48.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.08 earnings per share. On average, equities analysts forecast that S&W Seed will post ($0.09) earnings per share for the current year.
Several analysts recently commented on SANW shares. ValuEngine cut S&W Seed from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. B. Riley reiterated a “buy” rating and issued a $6.50 target price on shares of S&W Seed in a report on Wednesday, October 4th. Finally, Craig Hallum cut S&W Seed from a “buy” rating to a “hold” rating and reduced their target price for the company from $8.00 to $4.00 in a report on Friday, September 15th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $5.13.
In other S&W Seed news, insider Mfp Partners Lp acquired 375,000 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were purchased at an average cost of $3.20 per share, for a total transaction of $1,200,000.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Mark S. Grewal sold 29,938 shares of S&W Seed stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $3.50, for a total value of $104,783.00. Following the completion of the sale, the insider now owns 160,879 shares in the company, valued at $563,076.50. The disclosure for this sale can be found here. 12.10% of the stock is currently owned by company insiders.
S&W Seed 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.