Brokerages predict that S&W Seed Company (NASDAQ:SANW) will post sales of $28.48 million for the current quarter, according to Zacks. Four analysts have made estimates for S&W Seed Company’s earnings, with estimates ranging from $26.00 million to $33.40 million. S&W Seed Company posted sales of $34.64 million during the same quarter last year, which would indicate a negative year over year growth rate of 17.8%. The company is expected to report its next earnings report on Thursday, September 21st.

On average, analysts expect that S&W Seed Company will report full year sales of $28.48 million for the current financial year, with estimates ranging from $83.49 million to $90.00 million. For the next financial year, analysts expect that the business will report sales of $98.30 million per share, with estimates ranging from $92.00 million to $107.20 million. Zacks’ sales averages are an average based on a survey of sell-side analysts that cover S&W Seed Company.

S&W Seed Company (NASDAQ:SANW) last announced its earnings results on Wednesday, May 10th. The company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. The firm had revenue of $21.01 million for the quarter, compared to the consensus estimate of $27.49 million. S&W Seed Company had a positive return on equity of 1.53% and a negative net margin of 0.46%. The firm’s revenue for the quarter was down 16.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.04 EPS.

A number of research analysts have recently weighed in on the company. Roth Capital set a $6.00 price target on S&W Seed Company and gave the company a “buy” rating in a research note on Saturday, May 13th. B. Riley assumed coverage on S&W Seed Company in a research note on Tuesday, March 28th. They issued a “buy” rating and a $9.00 price target on the stock. Piper Jaffray Companies downgraded S&W Seed Company from an “overweight” rating to a “neutral” rating and cut their price target for the company from $6.00 to $4.00 in a research note on Thursday, May 11th. Finally, Bank of America Corporation assumed coverage on S&W Seed Company in a research note on Thursday, June 15th. They issued a “buy” rating on the stock.

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In other S&W Seed Company news, Director Glen D. Bornt sold 12,726 shares of the stock in a transaction dated Wednesday, May 3rd. The stock was sold at an average price of $5.00, for a total transaction of $63,630.00. Following the completion of the transaction, the director now owns 155,000 shares in the company, valued at approximately $775,000. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Wynnefield Partners Small Cap bought 343,979 shares of the stock in a transaction on Tuesday, June 13th. The shares were purchased at an average price of $3.96 per share, with a total value of $1,362,156.84. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 895,527 shares of company stock worth $3,616,386 and have sold 17,507 shares worth $84,268. Company insiders own 12.10% of the company’s stock.

Several institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC boosted its position 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 valued at $398,000 after buying an additional 16,400 shares during the last quarter. Thomson Horstmann & Bryant Inc. boosted its position in shares of S&W Seed Company by 103.9% in the first quarter. Thomson Horstmann & Bryant Inc. now owns 535,790 shares of the company’s stock valued at $2,652,000 after buying an additional 272,980 shares during the last quarter. Essex Investment Management Co. LLC boosted its position in shares of S&W Seed Company by 24.6% in the first quarter. Essex Investment Management Co. LLC now owns 116,931 shares of the company’s stock valued at $579,000 after buying an additional 23,099 shares during the last quarter. Cutter & CO Brokerage Inc. boosted its position in shares of S&W Seed Company by 11.1% in the first quarter. Cutter & CO Brokerage Inc. now owns 528,178 shares of the company’s stock valued at $2,614,000 after buying an additional 52,715 shares during the last quarter. Finally, S Squared Technology LLC bought a new position in shares of S&W Seed Company during the first quarter valued at $469,000. Institutional investors own 63.52% of the company’s stock.

S&W Seed Company (NASDAQ:SANW) traded down 2.47% during mid-day trading on Thursday, hitting $3.95. The stock had a trading volume of 124,092 shares. The firm’s market cap is $71.02 million. S&W Seed Company has a 1-year low of $3.80 and a 1-year high of $5.35. The stock has a 50 day moving average of $4.07 and a 200-day moving average of $4.51.

About S&W Seed Company

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.

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Earnings History and Estimates for S&W Seed Company (NASDAQ:SANW)

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