BidaskClub upgraded shares of Village Farms International (NASDAQ:VFF) from a hold rating to a buy rating in a research report sent to investors on Friday morning, BidAskClub reports.

A number of other analysts also recently issued reports on VFF. Craig Hallum lowered their price objective on shares of Village Farms International from $15.00 to $10.00 and set a buy rating on the stock in a report on Thursday, April 2nd. Stifel Nicolaus decreased their target price on shares of Village Farms International from $20.00 to $15.00 and set a buy rating for the company in a research note on Tuesday, May 19th. Zacks Investment Research cut shares of Village Farms International from a buy rating to a hold rating in a research note on Friday, May 22nd. Roth Capital decreased their target price on shares of Village Farms International from $16.00 to $10.00 in a research note on Thursday, April 2nd. Finally, Raymond James set a $11.00 price objective on shares of Village Farms International and gave the stock an outperform rating in a research report on Sunday, May 17th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Village Farms International presently has an average rating of Buy and an average price target of $9.90.

NASDAQ:VFF traded down $0.11 during trading hours on Friday, hitting $6.04. 694,744 shares of the company traded hands, compared to its average volume of 1,614,722. The stock has a market capitalization of $345.94 million and a price-to-earnings ratio of 151.00. Village Farms International has a twelve month low of $2.07 and a twelve month high of $14.60. The firm has a 50-day moving average of $3.92 and a 200 day moving average of $4.69. The company has a current ratio of 2.46, a quick ratio of 1.70 and a debt-to-equity ratio of 0.20.

Village Farms International (NASDAQ:VFF) last announced its quarterly earnings data on Monday, March 30th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.17). The business had revenue of $33.06 million during the quarter, compared to analyst estimates of $41.96 million. Village Farms International had a net margin of 1.26% and a negative return on equity of 2.16%. Equities research analysts predict that Village Farms International will post 0.18 earnings per share for the current fiscal year.

In other Village Farms International news, CEO Michael A. Degiglio sold 151,796 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $6.25, for a total transaction of $948,725.00. Following the completion of the transaction, the chief executive officer now owns 9,289,753 shares of the company’s stock, valued at $58,060,956.25. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 20.40% of the stock is currently owned by insiders.

Large investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its holdings in shares of Village Farms International by 349.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,078 shares of the company’s stock worth $32,000 after purchasing an additional 3,948 shares during the last quarter. Citigroup Inc. boosted its holdings in Village Farms International by 132.9% in the fourth quarter. Citigroup Inc. now owns 12,193 shares of the company’s stock valued at $76,000 after acquiring an additional 6,958 shares during the last quarter. ACG Wealth bought a new stake in Village Farms International in the fourth quarter valued at approximately $87,000. UBS Group AG boosted its holdings in Village Farms International by 47.9% in the first quarter. UBS Group AG now owns 14,001 shares of the company’s stock valued at $40,000 after acquiring an additional 4,537 shares during the last quarter. Finally, Formidable Asset Management LLC bought a new stake in Village Farms International in the fourth quarter valued at approximately $102,000. Institutional investors own 13.89% of the company’s stock.

Village Farms International Company Profile

Village Farms International, Inc, together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America. The company operates in two segments, Produce Business and Energy Business. It also owns and operates a 7.0 megawatt power plant that generates and sells electricity to British Columbia Hydro and Power Authority.

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Analyst Recommendations for Village Farms International (NASDAQ:VFF)

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