Equities research analysts expect Amira Nature Foods Ltd (NYSE:ANFI) to post $0.16 earnings per share for the current quarter, Zacks reports. Zero analysts have made estimates for Amira Nature Foods’ earnings. The business is scheduled to issue its next quarterly earnings report on Monday, October 30th.

On average, analysts expect that Amira Nature Foods will report full year earnings of $1.04 per share for the current year. For the next financial year, analysts forecast that the company will post earnings of $1.22 per share. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Amira Nature Foods.

ANFI has been the topic of several research analyst reports. KeyCorp initiated coverage on Amira Nature Foods in a research report on Wednesday, April 19th. They issued an “equal weight” rating on the stock. ValuEngine downgraded Amira Nature Foods from a “buy” rating to a “hold” rating in a research report on Wednesday, June 7th. Finally, Zacks Investment Research downgraded Amira Nature Foods from a “hold” rating to a “strong sell” rating in a research report on Thursday, June 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Amira Nature Foods has a consensus rating of “Hold” and a consensus target price of $10.85.

Shares of Amira Nature Foods (NYSE:ANFI) opened at 5.41 on Friday. The company has a 50-day moving average of $5.63 and a 200 day moving average of $5.40. Amira Nature Foods has a 12-month low of $4.50 and a 12-month high of $8.99. The company has a market cap of $199.23 million, a PE ratio of 6.44 and a beta of -0.19.

Several institutional investors have recently bought and sold shares of ANFI. Renaissance Technologies LLC purchased a new position in Amira Nature Foods during the fourth quarter worth about $427,000. Nwam LLC increased its position in Amira Nature Foods by 4.3% in the first quarter. Nwam LLC now owns 50,650 shares of the company’s stock worth $271,000 after buying an additional 2,100 shares during the last quarter. Ameriprise Financial Inc. increased its position in Amira Nature Foods by 35.8% in the first quarter. Ameriprise Financial Inc. now owns 78,500 shares of the company’s stock worth $307,000 after buying an additional 20,700 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its position in Amira Nature Foods by 34.7% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 27,200 shares of the company’s stock worth $146,000 after buying an additional 7,000 shares during the last quarter. Finally, Pinnacle Associates Ltd. purchased a new position in Amira Nature Foods during the first quarter worth about $791,000. 13.14% of the stock is currently owned by institutional investors and hedge funds.

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About Amira Nature Foods

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.

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