Village Farms International’s (VFF) Hold (C) Rating Reaffirmed at Weiss Ratings

Weiss Ratings reiterated their hold (c) rating on shares of Village Farms International (NASDAQ:VFF) in a research report sent to investors on Thursday morning,Weiss Ratings reports.

Other equities analysts have also issued reports about the company. Wall Street Zen raised Village Farms International from a “sell” rating to a “buy” rating in a report on Sunday, August 17th. Zacks Research lowered Village Farms International from a “strong-buy” rating to a “hold” rating in a report on Friday, October 10th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Village Farms International Stock Down 0.3%

NASDAQ:VFF opened at $3.07 on Thursday. The firm has a market capitalization of $345.80 million, a PE ratio of 34.11 and a beta of 2.24. The stock has a 50 day moving average of $2.98 and a 200-day moving average of $1.85. Village Farms International has a 52 week low of $0.45 and a 52 week high of $3.79. The company has a current ratio of 2.65, a quick ratio of 1.89 and a debt-to-equity ratio of 0.11.

Village Farms International (NASDAQ:VFF) last posted its earnings results on Monday, August 11th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.12. The company had revenue of $59.90 million during the quarter, compared to analyst estimates of $48.86 million. Village Farms International had a negative return on equity of 2.24% and a net margin of 3.42%. Analysts predict that Village Farms International will post -0.15 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Key Client Fiduciary Advisors LLC increased its stake in shares of Village Farms International by 1.7% during the second quarter. Key Client Fiduciary Advisors LLC now owns 687,285 shares of the company’s stock valued at $756,000 after acquiring an additional 11,320 shares during the period. Jane Street Group LLC lifted its position in Village Farms International by 8.9% in the second quarter. Jane Street Group LLC now owns 203,772 shares of the company’s stock worth $224,000 after purchasing an additional 16,631 shares during the period. Stephens Inc. AR lifted its position in Village Farms International by 50.6% in the second quarter. Stephens Inc. AR now owns 59,500 shares of the company’s stock worth $65,000 after purchasing an additional 20,000 shares during the period. AdvisorShares Investments LLC lifted its position in Village Farms International by 0.8% in the second quarter. AdvisorShares Investments LLC now owns 3,368,688 shares of the company’s stock worth $3,706,000 after purchasing an additional 25,880 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Village Farms International by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock worth $446,000 after purchasing an additional 35,913 shares during the period. 12.15% of the stock is currently owned by institutional investors.

About Village Farms International

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.