Brokers Set Expectations for Village Farms International, Inc.’s Q2 2024 Earnings (NASDAQ:VFF)

Village Farms International, Inc. (NASDAQ:VFFFree Report) – Atb Cap Markets decreased their Q2 2024 EPS estimates for shares of Village Farms International in a research note issued to investors on Wednesday, May 8th. Atb Cap Markets analyst F. Gomes now forecasts that the company will earn ($0.05) per share for the quarter, down from their previous estimate of ($0.02). The consensus estimate for Village Farms International’s current full-year earnings is ($0.08) per share. Atb Cap Markets also issued estimates for Village Farms International’s Q3 2024 earnings at ($0.03) EPS, Q4 2024 earnings at ($0.02) EPS, FY2024 earnings at ($0.13) EPS and FY2025 earnings at ($0.01) EPS.

Separately, Craig Hallum boosted their price target on Village Farms International from $1.00 to $1.20 and gave the company a “buy” rating in a research note on Thursday, March 14th.

View Our Latest Report on VFF

Village Farms International Stock Performance

Shares of NASDAQ VFF opened at $1.30 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.08 and a quick ratio of 1.06. Village Farms International has a one year low of $0.55 and a one year high of $1.62. The business’s 50-day moving average price is $1.15 and its two-hundred day moving average price is $0.92. The company has a market capitalization of $143.33 million, a P/E ratio of -5.14 and a beta of 2.31.

Village Farms International (NASDAQ:VFFGet Free Report) last posted its quarterly earnings results on Wednesday, March 13th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.06). Village Farms International had a negative return on equity of 4.49% and a negative net margin of 9.37%. The company had revenue of $74.23 million during the quarter, compared to analyst estimates of $70.03 million.

Institutional Investors Weigh In On Village Farms International

Large investors have recently bought and sold shares of the business. Raymond James Trust N.A. lifted its stake in shares of Village Farms International by 94.4% in the fourth quarter. Raymond James Trust N.A. now owns 37,063 shares of the company’s stock worth $28,000 after buying an additional 18,000 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new stake in shares of Village Farms International in the first quarter valued at about $80,000. Commonwealth Equity Services LLC grew its position in shares of Village Farms International by 693.5% in the third quarter. Commonwealth Equity Services LLC now owns 100,690 shares of the company’s stock valued at $80,000 after purchasing an additional 88,000 shares during the last quarter. Formidable Asset Management LLC increased its stake in shares of Village Farms International by 96.4% in the third quarter. Formidable Asset Management LLC now owns 151,615 shares of the company’s stock worth $121,000 after purchasing an additional 74,408 shares during the period. Finally, Key Client Fiduciary Advisors LLC lifted its position in shares of Village Farms International by 7.7% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 545,705 shares of the company’s stock worth $415,000 after purchasing an additional 39,045 shares during the last quarter. 12.15% of the stock is currently owned by institutional investors.

Village Farms International Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Village Farms International (NASDAQ:VFF)

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