S&W Seed (SANW) Releases Earnings Results, Beats Estimates By $0.08 EPS
S&W Seed (NASDAQ:SANW) posted its earnings results on Thursday. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.08, MarketWatch Earnings reports. S&W Seed had a negative net margin of 7.37% and a negative return on equity of 6.13%. The company had revenue of $26.12 million during the quarter, compared to analysts’ expectations of $15.00 million.
Shares of NASDAQ:SANW traded down $0.06 during trading on Friday, reaching $3.03. The stock had a trading volume of 5,813 shares, compared to its average volume of 24,160. S&W Seed has a 52 week low of $2.35 and a 52 week high of $4.40. The company has a current ratio of 2.00, a quick ratio of 0.46 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $79.27 million, a P/E ratio of -13.77 and a beta of -0.55.
Separately, B. Riley cut their target price on shares of S&W Seed from $4.50 to $4.00 and set a “buy” rating for the company in a research note on Monday, September 24th.
ILLEGAL ACTIVITY WARNING: “S&W Seed (SANW) Releases Earnings Results, Beats Estimates By $0.08 EPS” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The original version of this piece of content can be read at https://www.thecerbatgem.com/2018/11/10/sw-seed-sanw-releases-earnings-results-beats-estimates-by-0-08-eps.html.
S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa seeds. The company sells its seeds to distributors and dealers in approximately 30 countries worldwide. S&W Seed Company was founded in 1980 and is headquartered in Sacramento, California.
Further Reading: Why investors pay attention to retained earnings
Receive News & Ratings for S&W Seed Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&W Seed and related companies with MarketBeat.com's FREE daily email newsletter.