The price of Village Farms International Inc. (NASDAQ:VFF) shares last traded on Wall Street fell -4.24% to $0.92.
Based on available information, 6 analysts follow Village Farms International Inc. (NASDAQ:VFF). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $4.50 and a low of $2.50, we find $3.00. Given the previous closing price of $0.96, this indicates a potential upside of 212.5 percent. VFF stock price is now -24.45% away from the 50-day moving average and -56.83% away from the 200-day moving average. The market capitalization of the company currently stands at $100.66M.
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Among analysts, 1 rate the stock a hold while 5 rate it a buy. Brokers who have rated the stock have averaged $3.17 as their price target over the next twelve months.
With the price target reduced from $11 to $2.50, Raymond James Downgraded its rating from Outperform to Mkt Perform for Village Farms International Inc. (NASDAQ: VFF)., while ‘Raymond James’ rates the stock as ‘Outperform’.
In other news, DEGIGLIO MICHAEL A, Chief Executive Officer bought 54,212 shares of the company’s stock on Feb 01. The stock was bought for $60,240 at an average price of $1.11. Upon completion of the transaction, the Chief Executive Officer now directly owns 9,313,741 shares in the company, valued at $8.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 31, Director Henry John Patrick bought 45,000 shares of the business’s stock. A total of $46,800 was incurred on buying the stock at an average price of $1.04. This leaves the insider owning 68,500 shares of the company worth $63020.0. Insiders disposed of 1,290,000 shares of company stock worth roughly $1.19 million over the past 1 year. A total of 16.22% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in VFF stock. A new stake in Village Farms International Inc. shares was purchased by SUSQUEHANNA INTERNATIONAL GROUP, LLP during the first quarter worth $361,000. MONETA GROUP INVESTMENT ADVISORS LLC invested $54,000 in shares of VFF during the first quarter. In the first quarter, GEODE CAPITAL MANAGEMENT, LLC acquired a new stake in Village Farms International Inc. valued at approximately $39,000. MERCER GLOBAL ADVISORS INC /ADV acquired a new stake in VFF for approximately $22,000. STIFEL FINANCIAL CORP purchased a new stake in VFF valued at around $12,000 in the second quarter. In total, there are 109 active investors with 16.10% ownership of the company’s stock.
A candlestick chart of Village Farms International Inc. (NASDAQ: VFF) showed a price of $0.9410 on Thursday morning. During the past 12 months, Village Farms International Inc. has had a low of $0.91 and a high of $6.55. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 1.80, and a quick ratio of 0.90. The fifty day moving average price for VFF is $1.2211 and a two-hundred day moving average price translates $2.1369 for the stock.
The latest earnings results from Village Farms International Inc. (NASDAQ: VFF) was released for Sep, 2022. According to the Farm Products Company, earnings per share came in at -$0.1, missing analysts’ expectations of -$0.09 by -0.01. This compares to $0.01 EPS in the same period last year. The net profit margin was -20.10% and return on equity was -15.10% for VFF. The company reported revenue of $71.06 million for the quarter, compared to $72.44 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.91 percent. For the current quarter, analysts expect VFF to generate $70.75M in revenue.
Village Farms International Inc.(VFF) Company Profile
Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes 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 owns and operates a power plant that generates and sells electricity, and provides thermal heat to British Columbia Hydro and Power Authority; produces and supplies cannabis products to other licensed providers and provincial governments in Canada and internationally; and develops and sells cannabinoid-based health and wellness products, including ingestible, edibles, and topical applications. It markets and distributes its products under the Village Farms brand name to retail supermarkets and fresh food distribution companies, as well as products produced under exclusive arrangements with other greenhouse producers. The company was formerly known as Village Farms Canada Inc. and changed its name to Village Farms International, Inc. in December 2009. Village Farms International, Inc. was founded in 1989 and is headquartered in Delta, Canada.
