Willamette Valley Vineyards (NASDAQ:WVVI) Announces Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) posted its quarterly earnings results on Wednesday. The company reported ($0.40) EPS for the quarter, Zacks reports. Willamette Valley Vineyards had a negative net margin of 1.99% and a negative return on equity of 3.30%.

Willamette Valley Vineyards Stock Up 0.4%

NASDAQ:WVVI traded up $0.01 during trading hours on Wednesday, hitting $2.31. The stock had a trading volume of 2,637 shares, compared to its average volume of 5,613. The company has a current ratio of 3.45, a quick ratio of 0.47 and a debt-to-equity ratio of 0.63. Willamette Valley Vineyards has a 1-year low of $2.16 and a 1-year high of $5.10. The business has a 50 day simple moving average of $2.64 and a two-hundred day simple moving average of $2.67. The company has a market cap of $11.52 million, a PE ratio of -3.79 and a beta of 0.20.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. EP Wealth Advisors LLC acquired a new stake in Willamette Valley Vineyards during the 4th quarter valued at $48,000. Susquehanna International Group LLP purchased a new stake in Willamette Valley Vineyards during the 3rd quarter worth $39,000. Finally, Raymond James Financial Inc. acquired a new position in Willamette Valley Vineyards in the 2nd quarter worth $41,000. 12.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Willamette Valley Vineyards in a research report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Willamette Valley Vineyards currently has a consensus rating of “Sell”.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).

Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.