Willamette Valley Vineyards (NASDAQ:WVVI) Posts Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) announced its quarterly earnings results on Wednesday. The company reported ($0.40) EPS for the quarter, Zacks reports. Willamette Valley Vineyards had a negative return on equity of 10.00% and a negative net margin of 5.93%.The company had revenue of $10.04 million during the quarter.

Willamette Valley Vineyards Stock Performance

Shares of NASDAQ:WVVI traded down $0.05 during trading on Friday, hitting $2.35. The company’s stock had a trading volume of 67,797 shares, compared to its average volume of 6,053. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.45 and a quick ratio of 0.47. The firm has a market cap of $11.73 million, a price-to-earnings ratio of -2.55 and a beta of 0.20. The company has a 50-day moving average of $2.63 and a 200-day moving average of $2.67. Willamette Valley Vineyards has a 12 month low of $2.16 and a 12 month high of $5.10.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Willamette Valley Vineyards in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Willamette Valley Vineyards presently has a consensus rating of “Sell”.

Institutional Trading of Willamette Valley Vineyards

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in Willamette Valley Vineyards in the second quarter worth approximately $41,000. Susquehanna International Group LLP purchased a new stake in shares of Willamette Valley Vineyards in the 3rd quarter worth $39,000. Finally, EP Wealth Advisors LLC purchased a new stake in shares of Willamette Valley Vineyards in the 4th quarter worth $48,000. 12.24% of the stock is owned by hedge funds and other institutional investors.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).

Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.