Village Farms International (NASDAQ:VFF) Raised to Hold at Zacks Research

Village Farms International (NASDAQ:VFF) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

VFF has been the topic of several other research reports. Weiss Ratings upgraded shares of Village Farms International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Wall Street Zen downgraded Village Farms International from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Village Farms International Price Performance

Shares of VFF opened at $2.04 on Monday. The firm has a market cap of $233.19 million, a price-to-earnings ratio of 5.83 and a beta of 1.30. The stock has a 50 day moving average of $2.24 and a 200-day moving average of $2.84. The company has a current ratio of 3.06, a quick ratio of 2.03 and a debt-to-equity ratio of 0.12. Village Farms International has a 52 week low of $1.26 and a 52 week high of $4.99.

Village Farms International (NASDAQ:VFF) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. The business had revenue of $50.24 million during the quarter, compared to analyst estimates of $47.81 million. Village Farms International had a net margin of 18.57% and a return on equity of 8.84%. As a group, analysts forecast that Village Farms International will post 0.15 EPS for the current year.

Hedge Funds Weigh In On Village Farms International

A number of institutional investors have recently bought and sold shares of VFF. Vermillion & White Wealth Management Group LLC boosted its stake in shares of Village Farms International by 38.0% during the 3rd quarter. Vermillion & White Wealth Management Group LLC now owns 21,778 shares of the company’s stock valued at $68,000 after buying an additional 6,000 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in shares of Village Farms International in the fourth quarter worth $27,000. Barclays PLC acquired a new position in shares of Village Farms International in the fourth quarter worth $29,000. Cetera Investment Advisers raised its holdings in shares of Village Farms International by 45.7% during the fourth quarter. Cetera Investment Advisers now owns 34,282 shares of the company’s stock worth $125,000 after acquiring an additional 10,755 shares in the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new stake in shares of Village Farms International during the fourth quarter worth $40,000. Hedge funds and other institutional investors own 12.15% of the company’s stock.

Village Farms International Company Profile

Village Farms International, Inc is a North American agricultural company specializing in greenhouse cultivation of fresh produce and cannabis. Through its wholly owned operations, the company grows a variety of high-quality vegetables, including tomatoes, cucumbers and sweet peppers, using controlled-environment agriculture techniques designed to maximize yield and sustainability. Village Farms leverages advanced climate and hydroponic systems to deliver consistent year-round supply to major grocery retailers across the United States and Canada.

In its produce segment, Village Farms operates large-scale greenhouse facilities in Texas and Canada.