Village Farms International, Inc. (NASDAQ: VFF) In 2024: Reward Or Shame To Investors?

In the last trading session, 1.25 million shares of the Village Farms International, Inc. (NASDAQ:VFF) were traded, and its beta was 2.25. Most recently the company’s share price was $1.37, and it changed around $0.16 or 13.22% from the last close, which brings the market valuation of the company to $151.04M. VFF currently trades at a discount to its 52-week high of $1.57, offering almost -14.6% off that amount. The share price’s 52-week low was $0.55, which indicates that the current value has risen by an impressive 59.85% since then. We note from Village Farms International, Inc.’s average daily trading volume that its 3-month average coming to 893.18K.

Village Farms International, Inc. (NASDAQ:VFF) trade information

Instantly VFF has showed a green trend with a performance of 13.22% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 80.03% year-to-date, but still up 5.38% over the last five days. On the other hand, Village Farms International, Inc. (NASDAQ:VFF) is 33.01% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $6.15, which translates to bulls needing to increase their stock price by 77.72% from its current value. Analyst projections state that VFF is forecast to be at a low of $3 and a high of $9.3.

Village Farms International, Inc. (VFF) estimates and forecasts

Village Farms International, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 87.36 percent over the past six months and at a 62.50% annual growth rate that is well above the industry average of 4.40%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 66.70% in revenue this quarter, and will report a decrease of -100.00% in the next quarter. The year-over-year growth rate is expected to be 7.80%, up from the previous year.

Consensus estimates provided by 5 financial analysts predict the company will bring in an average of $71.94 million in revenue for the current quarter. 5 analysts expect Village Farms International, Inc. to make $80.22 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $71.11 million and $77.21 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.20%. Forecasts for the next quarter put sales growth at 3.90%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -11.50%.

VFF Dividends

Village Farms International, Inc.’s next quarterly earnings report is expected to be released in May.