Sow Good (SOWG) Stock Price, News & Analysis

Company Overview

Sow Good Inc. is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc., formerly known as Black Ridge Oil and Gas Inc., is based in IRVING, Texas.

Key Stats

• Today's Range: $2.13 to $2.27
• 50-Day Range: $2.18 to $10.90
• 52-Week Range: $2.10 to $24.83
• Volume: 51,421 shs
• Average Volume: 89,847 shs
• Market Capitalization: $22.54 million
• P/E Ratio: 8.80
• Dividend Yield: N/A
• Price Target: $4.25
• Consensus Rating: Hold

Sow Good Stock Analysis - MarketRank™

Sow Good scored higher than 54% of companies evaluated by MarketBeat, and ranked 171st out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Sow Good has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sow Good has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Sow Good are expected to decrease in the coming year, from ($0.18) to ($0.32) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sow Good is 8.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sow Good is 8.80, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.33.

Price to Book Value per Share Ratio

Sow Good has a P/B Ratio of 1.82. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.10% of the float of Sow Good has been sold short.

Short Interest Ratio / Days to Cover

Sow Good has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sow Good has recently decreased by 55.59%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sow Good does not currently pay a dividend.

Dividend Growth

Sow Good does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.10% of the float of Sow Good has been sold short.

Short Interest Ratio / Days to Cover

Sow Good has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sow Good has recently decreased by 55.59%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sow Good insiders have not sold or bought any company stock.

Percentage Held by Insiders

62.30% of the stock of Sow Good is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 10.74% of the stock of Sow Good is held by institutions.

SOWG Stock Analysis - Frequently Asked Questions

How have SOWG shares performed this year?

Sow Good's stock was trading at $15.76 at the beginning of 2024. Since then, SOWG shares have decreased by 86.0% and is now trading at $2.20.
View the best growth stocks for 2024 here.

How were Sow Good's earnings last quarter?

Sow Good Inc. (NASDAQ:SOWG) posted its quarterly earnings data on Wednesday, August, 14th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. The company earned $15.65 million during the quarter, compared to analysts' expectations of $14.40 million. Sow Good had a trailing twelve-month return on equity of 8.15% and a net margin of 4.47%.

Who are Sow Good's major shareholders?

Sow Good's top institutional investors include Accredited Investors Inc. (2.45%) and Bard Associates Inc. (2.37%).

How do I buy shares of Sow Good?

Shares of SOWG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/14/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Food & kindred products
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:SOWG
• Previous Symbol: NASDAQ:SOWG
• CUSIP: N/A
• CIK: 1490161
• Web: www.thisissowgood.com
• Phone: 214-623-6055
• Fax: N/A
• Employees: 201
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.25
• High Stock Price Target: $4.50
• Low Stock Price Target: $4.00
• Potential Upside/Downside: +93.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.25
• Trailing P/E Ratio: 8.80
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-3,060,000.00
• Net Margins: 4.47%
• Pretax Margin: 4.96%
• Return on Equity: 8.15%
• Return on Assets: 4.29%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.27
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: $40.13 million
• Price / Sales: 0.56
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.21 per share
• Price / Book: 1.82

Miscellaneous

• Outstanding Shares: 10,245,000
• Free Float: 3,862,000
• Market Cap: $22.54 million
• Optionable: N/A
• Beta: 1.77