Village Farms International (NASDAQ:VFF) Given $20.76 Consensus Price Target by Analysts

Shares of Village Farms International (NASDAQ:VFF) have been given a consensus broker rating score of 1.33 (Strong Buy) from the six analysts that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a buy recommendation and four have issued a strong buy recommendation on the company. Village Farms International’s rating score has declined by 6.4% from three months ago as a result of various analysts’ ratings changes.

Brokerages have set a 12-month consensus price objective of $20.76 for the company, according to Zacks. Zacks has also assigned Village Farms International an industry rank of 224 out of 255 based on the ratings given to related companies.

VFF has been the subject of a number of research reports. Craig Hallum reiterated a “buy” rating and issued a $20.00 price target (down previously from $30.00) on shares of Village Farms International in a report on Monday, November 18th. Zacks Investment Research lowered Village Farms International from a “hold” rating to a “sell” rating in a research report on Friday, November 29th. Raymond James set a $11.00 target price on Village Farms International and gave the company an “outperform” rating in a research report on Thursday, November 28th. Roth Capital set a $29.00 price target on Village Farms International and gave the company a “buy” rating in a research note on Tuesday, September 10th. Finally, Alliance Global Partners initiated coverage on shares of Village Farms International in a research note on Thursday, September 19th. They issued a “buy” rating for the company.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Penserra Capital Management LLC purchased a new position in Village Farms International in the 3rd quarter worth $185,000. Virtu Financial LLC raised its stake in shares of Village Farms International by 80.6% in the third quarter. Virtu Financial LLC now owns 42,195 shares of the company’s stock worth $382,000 after purchasing an additional 18,832 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Village Farms International by 34.4% during the third quarter. D.A. Davidson & CO. now owns 14,850 shares of the company’s stock worth $134,000 after purchasing an additional 3,800 shares during the period. Commonwealth Equity Services LLC purchased a new stake in Village Farms International in the third quarter valued at approximately $109,000. Finally, Janney Montgomery Scott LLC boosted its position in Village Farms International by 24.4% in the third quarter. Janney Montgomery Scott LLC now owns 104,518 shares of the company’s stock valued at $946,000 after buying an additional 20,475 shares during the last quarter. 10.19% of the stock is currently owned by hedge funds and other institutional investors.

VFF opened at $6.39 on Friday. The stock has a market capitalization of $334.84 million and a PE ratio of -58.09. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.23 and a current ratio of 2.10. The stock’s 50 day moving average price is $7.31 and its 200-day moving average price is $9.99. Village Farms International has a 52-week low of $2.93 and a 52-week high of $18.10.

Village Farms International (NASDAQ:VFF) last released its quarterly earnings results on Thursday, November 14th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.23). The firm had revenue of $47.30 million during the quarter, compared to analysts’ expectations of $44.40 million. Village Farms International had a return on equity of 10.76% and a net margin of 8.47%. The business’s quarterly revenue was up 18.8% on a year-over-year basis. Research analysts forecast that Village Farms International will post 0.19 EPS for the current fiscal year.

Village Farms International Company Profile

Village Farms International, Inc, together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. The company operates in two segments, Produce Business and Energy Business. It also owns and operates a 7.0 megawatt power plant that generates and sells electricity to British Columbia Hydro and Power Authority.

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