The S&W Seed Company (SANW) shares are trading at higher $2.26 and the avg recommendation for the stock is Strong Buy.
To add more color to this target, the company’s high over the last year is $3.13 and the low is $1.67. Over the last 52 weeks, SANW is down -27.80% while the S&P 500 is down -2.38%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, SANW reported a profit of $6.42 million. S&W Seed Company also saw revenues increase to $29.09 million. In addition, SANW has free cash flow of -$6.49 million as of 03-2020 The company’s EBITDA came in at -$1.41 million which compares well with its peers.
SANW booked profit margins of -18.00%, its Return on Equity (ROE) is -19.60%, and its Return on Assets is -11.80%. All told, it is clear that, SANW needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. SANW has a short ratio of 0.49 and outstanding shares of 33.39M.
SANW has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 23110.0 and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.54. S&W Seed Company SANW also noted assets of $167.6 million at the end of the last quarter. Investors should also keep an eye on sector updates as SANW has historically followed its peers on positive news.
All told, S&W Seed Company SANW has strung together solid data and demonstrated underlying fundamentals. At its current valuation, SANW represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
S&W Seed Company SANW is now commanding a market cap of 74.49M and a float of 32.11M. SANW is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of SANW stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in SANW, either long or short, and we have not been compensated for this article.