Sow Good Inc. (NASDAQ:SOWG) to Post FY2024 Earnings of $0.69 Per Share, Roth Capital Forecasts

Sow Good Inc. (NASDAQ:SOWG - Free Report) - Analysts at Roth Capital upped their FY2024 earnings estimates for Sow Good in a report released on Wednesday, May 15th. Roth Capital analyst G. Kelly now expects that the company will earn $0.69 per share for the year, up from their prior forecast of $0.60. The consensus estimate for Sow Good's current full-year earnings is $0.60 per share.

Other analysts have also issued reports about the company. Craig Hallum started coverage on Sow Good in a report on Friday, May 10th. They set a "buy" rating and a $20.00 price objective for the company. Roth Mkm restated a "buy" rating and set a $21.00 price target (up previously from $15.00) on shares of Sow Good in a report on Thursday.

Sow Good Stock Performance

SOWG traded down $0.59 on Friday, reaching $16.96. 144,259 shares of the company traded hands, compared to its average volume of 22,354. Sow Good has a 52-week low of $1.06 and a 52-week high of $22.00. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.96 and a current ratio of 1.77. The company has a market capitalization of $168.92 million, a PE ratio of -51.28 and a beta of 1.99.

About Sow Good

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.