Seneca Foods (NASDAQ:SENEA - Get Free Report) was upgraded by investment analysts at StockNews.com from a "hold" rating to a "buy" rating in a research note issued to investors on Monday.
Seneca Foods Stock Up 0.9 %
NASDAQ:SENEA traded up $0.74 on Monday, hitting $83.28. The stock had a trading volume of 25,266 shares, compared to its average volume of 24,899. The stock has a market cap of $572.97 million, a P/E ratio of 15.20 and a beta of 0.26. The firm's fifty day simple moving average is $84.56 and its two-hundred day simple moving average is $75.82. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.36 and a current ratio of 3.38. Seneca Foods has a 1 year low of $51.79 and a 1 year high of $92.00.
Seneca Foods (NASDAQ:SENEA - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $3.29 earnings per share for the quarter. Seneca Foods had a return on equity of 9.71% and a net margin of 2.49%.
Institutional Trading of Seneca Foods
Institutional investors and hedge funds have recently bought and sold shares of the company. Lazard Asset Management LLC bought a new position in shares of Seneca Foods during the 4th quarter valued at about $54,000. Van ECK Associates Corp lifted its holdings in shares of Seneca Foods by 73.6% during the fourth quarter. Van ECK Associates Corp now owns 729 shares of the company's stock valued at $58,000 after purchasing an additional 309 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Seneca Foods in the 4th quarter worth about $87,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Seneca Foods during the third quarter valued at approximately $156,000. Finally, SG Americas Securities LLC raised its position in Seneca Foods by 8.7% in the 4th quarter. SG Americas Securities LLC now owns 2,054 shares of the company's stock worth $163,000 after buying an additional 165 shares during the last quarter. 42.51% of the stock is currently owned by hedge funds and other institutional investors.
Seneca Foods Company Profile
(
Get Free Report)
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and jarred produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Seneca Foods, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seneca Foods wasn't on the list.
While Seneca Foods currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
