Amira Nature Foods Ltd is primarily engaged in the business of processing and selling packaged Indian specialty rice, primarily basmati rice and other food products. The Company sells Basmati rice and other specialty rice, under its Amira brand, as well as under other third-party brands. It also sells non-basmati rice. It has developed a line of Amira branded products to complement its packaged rice offerings, including edible oil, snacks, ready-to-heat meals and a line of organic product offerings. It is engaged in the institutional sale of bulk commodities to international and regional trading firms, which includes wheat, barley, legume, maize, sugar, soybean meal, onion, potato, millet and others. Its Amira branded product line includes Amira Pure Basmati Rice, Amira Indian Basmati Rice, Smoked Basmati Rice, Amira Khichdi Rice, Amira Navratan Mix and others. The Company's third-party branded rice products include Euricom Brown Basmati Rice, Bonne Chance Long Grain Rice and others.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Food Processing
- Sub-Industry: N/A
- Symbol: NYSE:ANFI
- CUSIP: N/A
- Web: www.amira.net
- Market Cap: $214.54 million
- Outstanding Shares: 36,827,000
- 50 Day Moving Avg: $5.44
- 200 Day Moving Avg: $5.32
- 52 Week Range: $4.50 - $8.60
Sales & Book Value:
- Trailing P/E Ratio: 6.87
- Foreward P/E Ratio: 4.73
- P/E Growth: 0.22
- Annual Revenue: $551.88 million
- Price / Sales: 0.39
- Book Value: $7.13 per share
- Price / Book: 0.81
- Current Ratio: 2.07%
- Quick Ratio: 1.05%
- Average Volume: 133,316 shs.
- Beta: -0.16
- Short Ratio: 11.01
Frequently Asked Questions for Amira Nature Foods Ltd (NYSE:ANFI)
What is Amira Nature Foods Ltd's stock symbol?
Amira Nature Foods Ltd trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANFI."
How were Amira Nature Foods Ltd's earnings last quarter?
Amira Nature Foods Ltd (NYSE:ANFI) released its quarterly earnings results on Wednesday, December, 3rd. The company reported $0.29 EPS for the quarter, hitting the consensus estimate of $0.29. The firm had revenue of $141.39 million for the quarter, compared to analyst estimates of $132.36 million. View Amira Nature Foods Ltd's Earnings History.
When will Amira Nature Foods Ltd make its next earnings announcement?
Where is Amira Nature Foods Ltd's stock going? Where will Amira Nature Foods Ltd's stock price be in 2017?
2 analysts have issued 12 month price objectives for Amira Nature Foods Ltd's shares. Their forecasts range from $13.00 to $13.00. On average, they anticipate Amira Nature Foods Ltd's stock price to reach $13.00 in the next twelve months. View Analyst Ratings for Amira Nature Foods Ltd.
What are analysts saying about Amira Nature Foods Ltd stock?
Here are some recent quotes from research analysts about Amira Nature Foods Ltd stock:
- 1. According to Zacks Investment Research, "Amira Nature Foods Ltd. provides packaged Indian specialty rice. The Company sells Basmati rice, premium long-grain rice under their flagship Amira brand as well as under other third party brands. It participates across the entire rice supply chain from the procurement of paddy to its storage, aging, processing into rice, packaging, distribution and marketing. Amira Nature Foods Ltd. is headquartered in Dubai, United Arab Emirates. " (8/14/2017)
- 2. Jefferies Group LLC analysts commented, "TEN’s leading Clean Air division should benefit from continued rollout of global emissions regulations of criteria pollutants while aftermarket Ride Performance likely remains an outperformer due to favorable industry fundamentals. However, we believe overweight NA light truck exposure could lead to decelerating growth as the US market appears at peak levels and light truck comps are increasingly high. We initiate with a Hold rating. Leading beneficiary of the “other” global emissions regulation. TEN’s Clean Air division ($6B annualized sales ~ 70% of net rev.) should continue to outpace global production due to increasingly stringent regulations of criteria pollutants. SCR and particulate filters have contributed to 8.4% annual Clean Air segment value-add revenue growth since 2010 (5-year CAGR) well ahead of global production of 3.3%. We believe the rollout of more stringent emissions in US and European markets beginning in 2017 (US Tier 3, Euro-6c) and phased in through 2027 will drive continued segment outperformance (est." (11/30/2016)
Who are some of Amira Nature Foods Ltd's key competitors?
Some companies that are related to Amira Nature Foods Ltd include Premier Foods Plc (PFD), Blue Apron Holdings (APRN), Wynnstay Group plc (WYN), Inventure Foods (SNAK), Real Good Food PLC (RGD), AdvancePierre Foods Holdings (APFH), Ingredion (CPO), Kraft Foods Group (KRFTV), Kraft Foods Group (KRFT), Mondelez International (KFT), New Britain Palm Oil Limited (NBPO), Penford Corp (PENX) and WhiteWave Foods Co (WWAV).
Who are Amira Nature Foods Ltd's key executives?
Amira Nature Foods Ltd's management team includes the folowing people:
- Karan A. Chanana, Chairman of the Board, Chief Executive Officer
- Bruce Wacha, Chief Financial Officer, Executive Director
- Neal B. Cravens, Independent Director
- Shiv Surinder Kumar, Independent Director
- Harash Pal Sethi, Independent Director
Who owns Amira Nature Foods Ltd stock?
Amira Nature Foods Ltd's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (9.03%), The Manufacturers Life Insurance Company (1.22%), Pinnacle Associates Ltd. (0.59%), Ameriprise Financial Inc. (0.28%), Nwam LLC (0.14%) and Goldman Sachs Group Inc. (0.11%). View Institutional Ownership Trends for Amira Nature Foods Ltd.
Who sold Amira Nature Foods Ltd stock? Who is selling Amira Nature Foods Ltd stock?
Amira Nature Foods Ltd's stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Virtu KCG Holdings LLC, The Manufacturers Life Insurance Company , UBS Asset Management Americas Inc. and Bronfman E.L. Rothschild L.P.. View Insider Buying and Selling for Amira Nature Foods Ltd.
Who bought Amira Nature Foods Ltd stock? Who is buying Amira Nature Foods Ltd stock?
How do I buy Amira Nature Foods Ltd stock?
Shares of Amira Nature Foods Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Amira Nature Foods Ltd's stock price today?
MarketBeat Community Rating for Amira Nature Foods Ltd (NYSE ANFI)MarketBeat's community ratings are surveys of what our community members think about Amira Nature Foods Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Amira Nature Foods Ltd stock can currently be purchased for approximately $5.77.
Consensus Ratings for Amira Nature Foods Ltd (NYSE:ANFI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 1 Buy Rating|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$13.00 (125.30% upside)|
Analysts' Ratings History for Amira Nature Foods Ltd (NYSE:ANFI)
(Data available from 9/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/19/2017||KeyCorp||Initiated Coverage||Sector Weight -> Equal Weight||Medium|
|11/30/2016||Jefferies Group LLC||Reiterated Rating||Buy||N/A|
Earnings History for Amira Nature Foods Ltd (NYSE:ANFI)Earnings History by Quarter for Amira Nature Foods Ltd (NYSE ANFI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/30/2017|| || || || || || || || |
|7/16/2015||Q415||$0.49||$0.52||$217.26 million||$26.80 million||View||Listen|
|3/2/2015||Q315||$0.34||$0.38||$181.00 million||$192.40 million||View||N/A|
|12/3/2014||Q3||$0.29||$0.29||$132.36 million||$141.39 million||View||N/A|
|8/28/2014||Q115||$0.16||$0.25||$131.07 million||$138.81 million||View||N/A|
|6/16/2014||Q414||$0.33||$0.46||$162.20 million||$186.60 million||View||N/A|
|2/25/2014||Q314||$0.28||$0.22||$128.15 million||$142.48 million||View||N/A|
|11/11/2013||$0.17||$0.18||$97.12 million||$108.00 million||View||N/A|
|11/11/2013||$0.17||$0.18||$97.12 million||$108.00 million||View||N/A|
|8/26/2013||Q1 2014||$0.10||$0.21||$98.84 million||$110.30 million||View||Listen|
|6/10/2013||Q4 2013||$0.24||$0.63||$133.94 million||$140.20 million||View||N/A|
|2/25/2013||Q3 2013||$0.13||$0.17||$84.73 million||$113.90 million||View||Listen|
Earnings Estimates for Amira Nature Foods Ltd (NYSE:ANFI)
Current Year EPS Consensus Estimate: $1.04 EPS
Next Year EPS Consensus Estimate: $1.22 EPS
Dividend History for Amira Nature Foods Ltd (NYSE:ANFI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Amira Nature Foods Ltd (NYSE:ANFI)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Amira Nature Foods Ltd (NYSE:ANFI)
Latest Headlines for Amira Nature Foods Ltd (NYSE:ANFI)
Amira Nature Foods Ltd (ANFI) Chart for Thursday, September, 21, 2017