Atb Cap Markets Has Bullish Outlook for VFF FY2024 Earnings

Village Farms International, Inc. (NASDAQ:VFF) – Equities research analysts at Atb Cap Markets lifted their FY2024 earnings per share estimates for shares of Village Farms International in a note issued to investors on Monday, December 16th. Atb Cap Markets analyst F. Gomes now expects that the company will post earnings of ($0.15) per share for the year, up from their previous estimate of ($0.16). The consensus estimate for Village Farms International’s current full-year earnings is ($0.17) per share. Atb Cap Markets also issued estimates for Village Farms International’s FY2026 earnings at $0.01 EPS, FY2027 earnings at $0.12 EPS and FY2028 earnings at $0.15 EPS.

Village Farms International Stock Up 0.9 %

VFF stock traded up $0.01 during trading on Thursday, reaching $0.78. 34,239 shares of the company traded hands, compared to its average volume of 595,056. The business has a 50 day simple moving average of $0.84 and a 200 day simple moving average of $0.95. Village Farms International has a 12 month low of $0.58 and a 12 month high of $1.62. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.09 and a current ratio of 2.05. The company has a market capitalization of $87.33 million, a price-to-earnings ratio of -1.73 and a beta of 2.19.

Institutional Investors Weigh In On Village Farms International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Certified Advisory Corp increased its position in Village Farms International by 56.1% during the 2nd quarter. Certified Advisory Corp now owns 41,750 shares of the company’s stock valued at $43,000 after buying an additional 15,000 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of Village Farms International by 73.3% during the second quarter. Concurrent Investment Advisors LLC now owns 111,327 shares of the company’s stock valued at $114,000 after acquiring an additional 47,075 shares in the last quarter. Jane Street Group LLC raised its position in shares of Village Farms International by 117.6% in the 3rd quarter. Jane Street Group LLC now owns 407,246 shares of the company’s stock valued at $379,000 after purchasing an additional 220,105 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in Village Farms International in the 2nd quarter worth approximately $449,000. Finally, Renaissance Technologies LLC grew its position in Village Farms International by 125.9% during the 2nd quarter. Renaissance Technologies LLC now owns 1,374,771 shares of the company’s stock worth $1,402,000 after purchasing an additional 766,205 shares during the last quarter. Hedge funds and other institutional investors own 12.15% of the company’s stock.

About Village Farms International

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.