In the latest trading session, 1,192,613 Village Farms International, Inc.(NASDAQ:VFF) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $10.61 changing hands around $0.47 or 0.05% at last look, the market valuation stands at $694.11 Million. VFF’s current price is a discount, trading about -23.09% off its 52-week high of $13.06. The share price had its 52-week low at $2.07, which suggests the recent value is80.49% up since then. When we look at Village Farms International, Inc.’s average trading volume, we note the 10-day average is 2.11 Million shares, with the 3-month average coming to 2.26 Million.
Analysts gave the Village Farms International, Inc. (VFF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 0. If we narrow down to specifics, the data shows that none out of 6 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, none recommended VFF as a Hold, 6 felt it is a Buy and none rated the stock as Underweight.
Instantly VFF is in green as seen in intraday trades today. With action 4.64%, the performance over the past five days has been red. The jump to weekly highs of $12.08 on Monday, Dec 28 added 13.5% to the stock’s daily price. The company’s shares are showing year-to-date upside of 0.03%, with the 5-day performance at -0.13% in the red. However, in the 30-day time frame, Village Farms International, Inc. (NASDAQ:VFF) is -0.03% down. Looking at the short shares, we see there were 7.97 Million shares sold at short interest cover period of 3.53 days.
The consensus price target for the stock as assigned by Wall Street analysts is $15.84, meaning bulls need an upside of 49.29% from its recent market value. According to analyst projections, VFF’s forecast low is $10 with $26.59 as the target high. To hit the forecast high, the stock’s price needs a +150.61% upsurge from its latest level, while the stock would need to tank -5.75% for it to hit the projected low.
Village Farms International, Inc. (VFF) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. The 2021 estimates are for Village Farms International, Inc. earnings to decrease by 0%, but the outlook for the next 5-year period is at 0% per year.
Village Farms International, Inc. (NASDAQ:VFF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 15.91% of Village Farms International, Inc. shares while 22.06% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 26.23%. There are 98 institutions holding the Village Farms International, Inc. stock share, with ETF Managers Group, LLC the top institutional holder. As of Sep 29, 2020, the company held 3.82% of the shares, roughly 2.52 Million VFF shares worth $11.54 Million.
AdvisorShares Investments, LLC holds the second largest percentage of outstanding shares, with 2.17% or 1.43 Million shares worth $6.55 Million as of Sep 29, 2020.
Among Mutual Funds, the top two as of Sep 29, 2020 were ETF Managers Tr-EFTMG Alternative Harvest ETF and AdvisorShares Trust-AdvisorShares Pure Cannabis ETF. With 2519911 shares estimated at $11.54 Million under it, the former controlled 3.82% of total outstanding shares. On the other hand, AdvisorShares Trust-AdvisorShares Pure Cannabis ETF held about 2.17% of the shares, roughly 1.43 Million shares worth around $6.55 Million.
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