Bioceres Crop Solutions (NASDAQ:BIOX) Price Target Raised to $21.00

Bioceres Crop Solutions (NASDAQ:BIOXFree Report) had its target price lifted by Roth Mkm from $20.00 to $21.00 in a research note released on Friday, Benzinga reports. They currently have a buy rating on the stock.

Bioceres Crop Solutions Price Performance

Shares of Bioceres Crop Solutions stock opened at $13.86 on Friday. The company’s 50-day moving average price is $13.38 and its two-hundred day moving average price is $12.06. The company has a current ratio of 1.27, a quick ratio of 0.82 and a debt-to-equity ratio of 0.38. The stock has a market cap of $870.41 million, a PE ratio of 43.31 and a beta of 0.54. Bioceres Crop Solutions has a 52 week low of $9.76 and a 52 week high of $14.20.

Bioceres Crop Solutions (NASDAQ:BIOXGet Free Report) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. The firm had revenue of $140.30 million for the quarter, compared to the consensus estimate of $108.97 million. Bioceres Crop Solutions had a return on equity of 5.97% and a net margin of 4.36%. During the same quarter in the previous year, the company earned ($0.14) EPS. As a group, sell-side analysts anticipate that Bioceres Crop Solutions will post 0.67 EPS for the current fiscal year.

Hedge Funds Weigh In On Bioceres Crop Solutions

A number of large investors have recently made changes to their positions in the business. Advisor Group Holdings Inc. boosted its position in Bioceres Crop Solutions by 66.9% during the fourth quarter. Advisor Group Holdings Inc. now owns 2,242 shares of the company’s stock worth $27,000 after purchasing an additional 899 shares during the period. Cape Investment Advisory Inc. acquired a new position in Bioceres Crop Solutions during the fourth quarter worth $33,000. Lazard Asset Management LLC bought a new stake in shares of Bioceres Crop Solutions during the fourth quarter worth $49,000. Goldman Sachs Group Inc. bought a new position in Bioceres Crop Solutions in the second quarter valued at about $176,000. Finally, Sei Investments Co. acquired a new position in shares of Bioceres Crop Solutions during the 2nd quarter worth about $221,000. Institutional investors and hedge funds own 13.35% of the company’s stock.

About Bioceres Crop Solutions

(Get Free Report)

Bioceres Crop Solutions Corp., together with its subsidiaries, provides crop productivity solutions. It operates through Seed and Integrated Products, Crop Protection, and Crop Nutrition segments. The Seed and Integrated Products segment provides seed traits, germplasms, and seed treatment packs for healthier, and higher yielding crops.

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