Village Farms International (NASDAQ:VFF) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Village Farms International (NASDAQ:VFF) from a sell rating to a buy rating in a research report sent to investors on Sunday morning.

Other equities analysts have also issued reports about the stock. Alliance Global Partners reaffirmed a “buy” rating on shares of Village Farms International in a research report on Tuesday, May 13th. Zelman & Associates reissued an “overweight” rating on shares of Village Farms International in a report on Monday, June 9th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat, Village Farms International currently has an average rating of “Buy”.

Village Farms International Stock Performance

Shares of NASDAQ:VFF opened at $2.74 on Friday. The firm has a market cap of $308.63 million, a PE ratio of 30.45 and a beta of 2.14. The firm’s 50 day simple moving average is $1.49 and its 200-day simple moving average is $1.02. Village Farms International has a one year low of $0.45 and a one year high of $2.95. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.89 and a current ratio of 2.65.

Village Farms International (NASDAQ:VFF) last issued its earnings results on Monday, August 11th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.12. The business had revenue of $59.90 million for the quarter, compared to analyst estimates of $48.86 million. Village Farms International had a net margin of 3.42% and a negative return on equity of 2.24%. As a group, equities analysts predict that Village Farms International will post -0.15 EPS for the current year.

Insider Activity at Village Farms International

In related news, CFO Stephen C. Ruffini bought 25,000 shares of the business’s stock in a transaction dated Friday, May 30th. The stock was acquired at an average price of $1.21 per share, with a total value of $30,250.00. Following the completion of the purchase, the chief financial officer directly owned 9,783,127 shares of the company’s stock, valued at approximately $11,837,583.67. This trade represents a 0.26% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 12.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VFF. Lighthouse Financial LLC acquired a new stake in shares of Village Farms International in the fourth quarter valued at $36,000. Stephens Inc. AR raised its stake in shares of Village Farms International by 50.6% in the second quarter. Stephens Inc. AR now owns 59,500 shares of the company’s stock valued at $65,000 after acquiring an additional 20,000 shares in the last quarter. Hilton Capital Management LLC acquired a new stake in shares of Village Farms International in the second quarter valued at $94,000. Raymond James Financial Inc. acquired a new stake in shares of Village Farms International in the fourth quarter valued at $146,000. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Village Farms International in the fourth quarter valued at $146,000. 12.15% of the stock is currently owned by institutional investors and hedge funds.

About Village Farms International

Village Farms International, Inc, together with its subsidiaries, produces, markets, and sells greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. It operates through four segments: Produce, Cannabis-Canada, Cannabis-U.S., and Energy. The company also produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications; and produces power.