FY2024 Earnings Estimate for VFF Issued By Atb Cap Markets

Village Farms International, Inc. (NASDAQ:VFF - Free Report) - Atb Cap Markets lifted their FY2024 EPS estimates for shares of Village Farms International in a report issued 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 prior 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 Down 3.9 %

VFF traded down $0.03 during trading on Thursday, reaching $0.74. The stock had a trading volume of 664,880 shares, compared to its average volume of 597,710. Village Farms International has a one year low of $0.58 and a one year high of $1.62. The company has a market capitalization of $83.13 million, a price-to-earnings ratio of -1.64 and a beta of 2.19. The company has a current ratio of 2.05, a quick ratio of 1.09 and a debt-to-equity ratio of 0.16. The stock's 50 day moving average is $0.83 and its two-hundred day moving average is $0.95.

Institutional Investors Weigh In On Village Farms International

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