S&W Seed Company (SANW) Receives a Buy from B.Riley FBR


In a report released today, Sarkis Sherbetchyan from B.Riley FBR assigned a Buy rating to S&W Seed Company (NASDAQ: SANW). The company’s shares opened today at $3.04.

Sherbetchyan observed:

“We view the sales network as a unique asset that could be a significant growth driver post-integration. Further, SANW’s production capabilities now span four continents, providing geographical diversification and enabling the company to take advantage of counter- seasonal production. Finally, Chromatin’s extensive R&D investments have produced a high- value pipeline of products and traits, including sugarcane aphid and herbicide tolerance, which we believe will improve the company’s pricing power and further diversify the product portfolio.”

According to TipRanks.com, Sherbetchyan is a 4-star analyst with an average return of 6.8% and a 51.1% success rate. Sherbetchyan covers the Consumer Goods sector, focusing on stocks such as Lightpath Technologies, Vishay Precision Group, and Ferroglobe PLC.

The the analyst consensus on S&W Seed Company is currently a Moderate Buy rating.

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Based on S&W Seed Company’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $4.29 million. In comparison, last year the company had a GAAP net loss of $1.82 million.

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S&W Seed Co. is an agricultural company, which engages in the production and trade of stevia and alfalfa seeds. It product portfolio include hybrid sorghum, sunflower seed,and corn. The company was founded by Grover T. Wickersham in July 1980 and is headquartered in Hanford, CA.

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