Village Farms International (NASDAQ:VFF) Stock Moved Down to “Hold” by Wall Street Zen

Wall Street Zen lowered shares of Village Farms International (NASDAQ:VFF) from a buy rating to a hold rating in a research report sent to investors on Sunday,Wall Street Zen reports.

Several other analysts have also recently weighed in on VFF. Weiss Ratings raised shares of Village Farms International from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, October 12th. Zacks Research upgraded shares of Village Farms International from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Two equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Village Farms International Price Performance

Shares of NASDAQ VFF opened at $2.58 on Friday. The stock’s 50-day moving average is $2.81 and its two-hundred day moving average is $2.49. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.17 and a quick ratio of 2.25. Village Farms International has a 1-year low of $1.80 and a 1-year high of $4.99. The company has a market cap of $315.51 million, a price-to-earnings ratio of 15.18 and a beta of 1.34.

Village Farms International (NASDAQ:VFF) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.04. Village Farms International had a return on equity of 7.62% and a net margin of 9.85%. The business had revenue of $63.98 million during the quarter, compared to analysts’ expectations of $56.30 million. Analysts forecast that Village Farms International will post 0.17 EPS for the current fiscal year.

Insider Buying and Selling

In other Village Farms International news, Director Christopher C. Woodward bought 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were purchased at an average price of $3.06 per share, with a total value of $30,600.00. Following the completion of the acquisition, the director directly owned 171,526 shares of the company’s stock, valued at $524,869.56. This represents a 6.19% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 13.20% of the stock is owned by company insiders.

Institutional Trading of Village Farms International

Institutional investors have recently bought and sold shares of the business. Key Client Fiduciary Advisors LLC boosted its position in shares of Village Farms International by 116.6% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 1,334,631 shares of the company’s stock valued at $2,663,000 after purchasing an additional 718,382 shares during the period. JB Capital Partners LP purchased a new position in Village Farms International during the 2nd quarter worth approximately $360,000. Bank of New York Mellon Corp acquired a new position in Village Farms International during the second quarter worth approximately $249,000. Empowered Funds LLC acquired a new position in Village Farms International during the first quarter worth approximately $284,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Village Farms International during the first quarter worth approximately $253,000. 12.15% of the stock is owned by hedge funds and other institutional investors.

Village Farms International Company Profile

Village Farms International, Inc (NASDAQ:VFF) is an agriculture company that grows, markets and distributes fresh produce and cannabis. Its produce business focuses on greenhouse-grown tomatoes, cucumbers and peppers, including conventional and organic offerings sold under the Village Farms brand and through retail and foodservice channels.

The company operates greenhouse and distribution facilities in the United States, Canada and Mexico, serving grocery retailers, wholesalers and foodservice customers across North America.