Key Points
- Director Christopher Woodward purchased 10,000 Village Farms shares at an average price of $3.06, investing $30,600 and increasing his direct ownership by 6.19% to 171,526 shares.
- Village Farms reported quarterly EPS of $0.06, beating the $0.02 analyst consensus, while revenue of $63.98 million exceeded estimates of $56.30 million.
- Shares opened at $2.98, with a market capitalization of approximately $364.4 million; analysts maintain an overall “Hold” rating, and institutional investors own 12.15% of the stock.
Village Farms International, Inc. (NASDAQ:VFF - Get Free Report) Director Christopher Woodward bought 10,000 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was acquired at an average price of $3.06 per share, for a total transaction of $30,600.00. Following the acquisition, the director directly owned 171,526 shares in the company, valued at $524,869.56. The trade was a 6.19% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.
Village Farms International Stock Performance
Shares of Village Farms International stock opened at $2.98 on Wednesday. Village Farms International, Inc. has a 52 week low of $1.80 and a 52 week high of $4.99. The company has a quick ratio of 2.25, a current ratio of 3.17 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $2.49 and a 200-day moving average price of $2.51. The company has a market cap of $364.42 million, a PE ratio of 17.53 and a beta of 1.38.
Village Farms International (NASDAQ:VFF - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.04. The business had revenue of $63.98 million during the quarter, compared to analyst estimates of $56.30 million. Village Farms International had a return on equity of 7.62% and a net margin of 9.85%. Equities analysts anticipate that Village Farms International, Inc. will post 0.17 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on VFF. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Village Farms International in a research report on Friday, August 14th. Zacks Research raised Village Farms International from a "strong sell" rating to a "hold" rating in a research report on Monday, July 13th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of "Hold".
Read Our Latest Stock Analysis on VFF
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in VFF. Key Client Fiduciary Advisors LLC increased its holdings in shares of Village Farms International by 116.6% in the second quarter. Key Client Fiduciary Advisors LLC now owns 1,334,631 shares of the company's stock worth $2,663,000 after purchasing an additional 718,382 shares during the period. JB Capital Partners LP bought a new position in Village Farms International in the 2nd quarter worth about $360,000. State of Wyoming purchased a new stake in shares of Village Farms International in the 4th quarter valued at about $534,000. Bank of New York Mellon Corp bought a new stake in shares of Village Farms International during the 2nd quarter valued at about $249,000. Finally, Empowered Funds LLC bought a new position in shares of Village Farms International in the first quarter worth approximately $284,000. Hedge funds and other institutional investors own 12.15% of the company's stock.
Village Farms International Company Profile
(
Get Free Report)
Village Farms International, Inc is a vertically integrated agriculture company that grows, markets and distributes fresh produce and cannabis products. Its produce business focuses primarily on greenhouse-grown tomatoes, cucumbers and bell peppers, which are sold through retail and foodservice channels under the Village Farms and other brands.
The company operates greenhouse facilities and sources products across North America, serving major grocery retailers and other customers in the United States and Canada.
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