Lake Street Capital Forecasts Strong Price Appreciation for S&W Seed (NASDAQ:SANW) Stock

S&W Seed (NASDAQ:SANW) had its price objective upped by Lake Street Capital from $10.00 to $35.00 in a report published on Tuesday,Benzinga reports. The firm currently has a buy rating on the stock.

Separately, StockNews.com began coverage on S&W Seed in a research report on Monday. They issued a “sell” rating on the stock.

S&W Seed Stock Performance

NASDAQ SANW opened at $9.54 on Tuesday. The firm has a 50-day moving average price of $3.60 and a two-hundred day moving average price of $5.11. S&W Seed has a 12-month low of $2.10 and a 12-month high of $14.25. The company has a market capitalization of $21.79 million, a P/E ratio of -0.77 and a beta of 1.00. The company has a quick ratio of 0.36, a current ratio of 0.92 and a debt-to-equity ratio of 0.12.

S&W Seed (NASDAQ:SANW) last issued its quarterly earnings results on Friday, November 1st. The company reported ($2.95) earnings per share (EPS) for the quarter. S&W Seed had a negative return on equity of 40.22% and a negative net margin of 49.69%. The company had revenue of $14.82 million for the quarter.

S&W Seed Company Profile

S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. The company also offers sunflower, stevia, camelina, wheat, and pasture seeds. It sells its seeds to distributors and dealers in 40 countries. The company was founded in 1980 and is headquartered in Longmont, Colorado.