Village Farms International, Inc. (NASDAQ:VFF - Get Free Report)'s share price traded down 2.2% on Monday . The company traded as low as $2.66 and last traded at $2.67. 518,759 shares changed hands during trading, a decline of 51% from the average session volume of 1,055,296 shares. The stock had previously closed at $2.73.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Wall Street Zen cut Village Farms International from a "buy" rating to a "hold" rating in a research report on Saturday, March 21st. Weiss Ratings reiterated a "hold (c)" rating on shares of Village Farms International in a research report on Tuesday, January 27th. Finally, Zacks Research cut Village Farms International from a "hold" rating to a "strong sell" rating in a research report on Monday, March 16th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Village Farms International currently has a consensus rating of "Hold".
Read Our Latest Analysis on Village Farms International
Village Farms International Trading Down 2.2%
The company has a current ratio of 2.64, a quick ratio of 1.93 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $307.32 million, a price-to-earnings ratio of 9.89 and a beta of 1.36. The firm has a 50-day moving average of $3.06 and a 200 day moving average of $3.33.
Village Farms International (NASDAQ:VFF - Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.04). Village Farms International had a net margin of 12.81% and a return on equity of 5.79%. The business had revenue of $49.62 million during the quarter, compared to analyst estimates of $60.32 million. As a group, equities analysts predict that Village Farms International, Inc. will post -0.15 EPS for the current fiscal year.
Hedge Funds Weigh In On Village Farms International
Hedge funds have recently modified their holdings of the company. AdvisorShares Investments LLC increased its position in shares of Village Farms International by 77.0% during the 3rd quarter. AdvisorShares Investments LLC now owns 5,963,842 shares of the company's stock valued at $18,667,000 after purchasing an additional 2,595,154 shares during the period. Traynor Capital Management Inc. acquired a new position in shares of Village Farms International during the 3rd quarter valued at $31,000. Concurrent Investment Advisors LLC increased its position in shares of Village Farms International by 100.8% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 85,133 shares of the company's stock valued at $266,000 after purchasing an additional 42,739 shares during the period. Brian Low Financial Group LLC acquired a new position in shares of Village Farms International during the 3rd quarter valued at $144,000. Finally, Rydar Equities Inc. acquired a new position in shares of Village Farms International during the 2nd quarter valued at $53,000. 12.15% of the stock is currently owned by institutional investors and hedge funds.
Village Farms International Company Profile
(
Get Free Report)
Village Farms International, Inc is a North American agricultural company specializing in greenhouse cultivation of fresh produce and cannabis. Through its wholly owned operations, the company grows a variety of high-quality vegetables, including tomatoes, cucumbers and sweet peppers, using controlled-environment agriculture techniques designed to maximize yield and sustainability. Village Farms leverages advanced climate and hydroponic systems to deliver consistent year-round supply to major grocery retailers across the United States and Canada.
In its produce segment, Village Farms operates large-scale greenhouse facilities in Texas and Canada.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Village Farms International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Village Farms International wasn't on the list.
While Village Farms International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.