What is Atb Cap Markets’ Estimate for VFF FY2024 Earnings?

Village Farms International, Inc. (NASDAQ:VFF) – Stock analysts at Atb Cap Markets increased their FY2024 earnings estimates for shares of Village Farms International in a research note 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 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 Stock Performance

NASDAQ VFF opened at $0.74 on Thursday. The company’s 50 day simple moving average is $0.83 and its two-hundred day simple moving average is $0.95. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.05 and a quick ratio of 1.09. Village Farms International has a 1 year low of $0.58 and a 1 year high of $1.62. The stock has a market capitalization of $83.13 million, a PE ratio of -1.64 and a beta of 2.19.

Institutional Trading of Village Farms International

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Certified Advisory Corp raised its holdings in shares of 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 raised its stake 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 worth $114,000 after acquiring an additional 47,075 shares in the last quarter. Jane Street Group LLC grew its holdings 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 valued at $379,000 after purchasing an additional 220,105 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in Village Farms International in the 2nd quarter worth $449,000. Finally, Renaissance Technologies LLC lifted its stake 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 purchasing an additional 766,205 shares during the last quarter. Hedge funds and other institutional investors own 12.15% of the company’s stock.

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.