Village Farms International (NASDAQ:VFF) Given "Hold (C-)" Rating at Weiss Ratings

Key Points

• Village Farms International (NASDAQ: VFF) received a "Hold (C-)" rating from Weiss Ratings, alongside recent upgrades to "Strong Buy" by Zacks Research and "Buy" by Wall Street Zen.
• The company reported a quarterly EPS of $0.10, exceeding analysts' expectations of ($0.02), and achieved revenues of $59.90 million compared to estimates of $48.86 million.
• Village Farms International's stock saw an increase to $3.54 with significant trading volume, marking a substantial rise from its 52-week low of $0.45.

Village Farms International (NASDAQ:VFF - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by investment analysts at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Several other equities research analysts have also recently commented on VFF. Zacks Research raised Village Farms International from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 13th. Wall Street Zen raised Village Farms International from a "sell" rating to a "buy" rating in a research note on Sunday, August 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy".

Village Farms International Stock Performance

NASDAQ VFF traded up $0.23 during trading on Wednesday, reaching $3.54. 4,393,648 shares of the company's stock were exchanged, compared to its average volume of 2,483,808. Village Farms International has a fifty-two week low of $0.45 and a fifty-two week high of $3.78. The company has a current ratio of 2.65, a quick ratio of 1.89 and a debt-to-equity ratio of 0.11. The company's fifty day simple moving average is $2.66 and its 200-day simple moving average is $1.55.

Village Farms International (NASDAQ:VFF - Get Free Report) last announced its quarterly earnings data on Monday, August 11th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.12. Village Farms International had a negative return on equity of 2.24% and a net margin of 3.42%.The firm had revenue of $59.90 million during the quarter, compared to analyst estimates of $48.86 million. On average, research analysts expect that Village Farms International will post -0.15 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. AdvisorShares Investments LLC lifted its holdings in shares of Village Farms International by 0.8% during the second quarter. AdvisorShares Investments LLC now owns 3,368,688 shares of the company's stock worth $3,706,000 after buying an additional 25,880 shares during the last quarter. Tidal Investments LLC lifted its holdings in shares of Village Farms International by 3.3% during the second quarter. Tidal Investments LLC now owns 2,778,410 shares of the company's stock worth $3,056,000 after buying an additional 87,726 shares during the last quarter. Perkins Capital Management Inc. lifted its holdings in shares of Village Farms International by 21.1% during the first quarter. Perkins Capital Management Inc. now owns 1,318,500 shares of the company's stock worth $798,000 after buying an additional 230,000 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Village Farms International by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company's stock worth $446,000 after buying an additional 35,913 shares during the last quarter. Finally, Key Client Fiduciary Advisors LLC lifted its holdings 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 worth $756,000 after buying an additional 11,320 shares during the last quarter. 12.15% of the stock is currently owned by institutional investors and hedge funds.

Village Farms International Company Profile

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.

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