Sadot Group (NASDAQ:SDOT – Get Free Report)‘s stock had its “sell (d)” rating reaffirmed by Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.
Separately, Wall Street Zen downgraded Sadot Group from a “hold” rating to a “sell” rating in a research report on Sunday, August 17th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Sadot Group presently has an average rating of “Sell”.
View Our Latest Stock Report on SDOT
Sadot Group Stock Down 2.3%
Sadot Group (NASDAQ:SDOT – Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $2.00 by ($1.20). Sadot Group had a net margin of 0.48% and a negative return on equity of 1.18%. The business had revenue of $114.39 million during the quarter, compared to analysts’ expectations of $195.56 million. Sell-side analysts anticipate that Sadot Group will post -0.71 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Sadot Group
A hedge fund recently bought a new stake in Sadot Group stock. Jane Street Group LLC acquired a new stake in Sadot Group Inc. (NASDAQ:SDOT – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 44,139 shares of the company’s stock, valued at approximately $58,000. Jane Street Group LLC owned approximately 0.60% of Sadot Group at the end of the most recent quarter. 13.27% of the stock is currently owned by institutional investors.
About Sadot Group
Sadot Group Inc provides supply chain solutions that address growing food security challenges worldwide. The company is involved in the agri-commodity sourcing and trading operations for food/feed products, such as soybean meal, wheat, and corn; and farm operations, including producing grains and tree crops in Southern Africa.
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