FY2024 Earnings Estimate for VFF Issued By Atb Cap Markets

Village Farms International, Inc. (NASDAQ:VFF) – Stock analysts at Atb Cap Markets lifted their FY2024 earnings per share (EPS) estimates for shares of Village Farms International in a research note issued on Monday, December 16th. Atb Cap Markets analyst F. Gomes now anticipates that the company will post earnings per share of ($0.15) for the year, up from their prior forecast 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 Price Performance

VFF stock opened at $0.77 on Thursday. 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 business has a 50-day simple moving average of $0.83 and a two-hundred day simple moving average of $0.95. The company has a market capitalization of $86.70 million, a P/E ratio of -1.72 and a beta of 2.19. Village Farms International has a 52-week low of $0.58 and a 52-week high of $1.62.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VFF. Renaissance Technologies LLC raised its holdings in shares of Village Farms International by 125.9% in 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 period. Tidal Investments LLC raised its stake in shares of Village Farms International by 35.7% in the third quarter. Tidal Investments LLC now owns 2,431,488 shares of the company’s stock valued at $2,261,000 after buying an additional 640,148 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of Village Farms International during the 2nd quarter valued at $449,000. Jane Street Group LLC grew its stake in shares of Village Farms International by 117.6% during the 3rd quarter. Jane Street Group LLC now owns 407,246 shares of the company’s stock worth $379,000 after acquiring an additional 220,105 shares during the period. Finally, Concurrent Investment Advisors LLC increased its holdings in Village Farms International by 66.7% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 185,544 shares of the company’s stock worth $173,000 after acquiring an additional 74,217 shares during the last quarter. 12.15% of the stock is owned by institutional investors.

Village Farms International Company Profile

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.