Sow Good (SOWG) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $9.55 to $10.37
• 50-Day Range: $10.13 to $15.60
• 52-Week Range: $5.50 to $24.83
• Volume: 59,794 shs
• Average Volume: 61,381 shs
• Market Capitalization: $102.74 million
• P/E Ratio: 16.34
• Dividend Yield: N/A
• Price Target: $23.00
• Consensus Rating: Buy

Sow Good Stock Analysis - MarketRank™

Sow Good scored higher than 75% of companies evaluated by MarketBeat, and ranked 102nd out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Sow Good has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sow Good has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 165.38%

Earnings Growth

Earnings for Sow Good are expected to grow by 165.38% in the coming year, from $0.52 to $1.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sow Good is 16.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sow Good is 16.34, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.44.

Price to Book Value per Share Ratio

Sow Good has a P/B Ratio of 8.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.59% of the float of Sow Good has been sold short.

Short Interest Ratio / Days to Cover

Sow Good has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sow Good has recently increased by 7.84%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sow Good does not currently pay a dividend.

Dividend Growth

Sow Good does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.59% of the float of Sow Good has been sold short.

Short Interest Ratio / Days to Cover

Sow Good has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sow Good has recently increased by 7.84%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sow Good insiders have not sold or bought any company stock.

Percentage Held by Insiders

62.30% of the stock of Sow Good is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 10.74% of the stock of Sow Good is held by institutions.

SOWG Stock Analysis - Frequently Asked Questions

How have SOWG shares performed this year?

Sow Good's stock was trading at $15.76 at the beginning of 2024. Since then, SOWG shares have decreased by 35.7% and is now trading at $10.13.
View the best growth stocks for 2024 here.

How were Sow Good's earnings last quarter?

Sow Good Inc. (NASDAQ:SOWG) issued its quarterly earnings results on Wednesday, August, 14th. The company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.28. The firm earned $15.65 million during the quarter, compared to analyst estimates of $14.40 million. Sow Good had a trailing twelve-month return on equity of 37.94% and a net margin of 13.24%.

How do I buy shares of Sow Good?

Shares of SOWG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/14/2024
• Today: 10/24/2024
• Next Earnings (Estimated): 11/12/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Food & kindred products
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:SOWG
• Previous Symbol: NASDAQ:SOWG
• CUSIP: N/A
• CIK: 1490161
• Web: www.thisissowgood.com
• Phone: 214-623-6055
• Fax: N/A
• Employees: 201
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $23.00
• High Stock Price Target: $25.00
• Low Stock Price Target: $21.00
• Potential Upside/Downside: +127.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.35)
• Trailing P/E Ratio: 16.34
• Forward P/E Ratio: 19.48
• P/E Growth: N/A
• Net Income: $-3,060,000.00
• Net Margins: 13.24%
• Pretax Margin: 13.86%
• Return on Equity: 37.94%
• Return on Assets: 17.90%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 5.13
• Quick Ratio: 3.30

Sales & Book Value

• Annual Sales: $41.61 million
• Price / Sales: 2.47
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.21 per share
• Price / Book: 8.37

Miscellaneous

• Outstanding Shares: 10,142,000
• Free Float: 3,862,000
• Market Cap: $102.74 million
• Optionable: N/A
• Beta: 1.93