Village Farms International, Inc. (VFF) stock expected to rise by 497.09%: What’s driving the optimism?

A share price of Village Farms International, Inc. [VFF] is currently trading at $1.03, up 8.42%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VFF shares have gain 40.00% over the last week, with a monthly amount glided 30.38%, and seem to be holding up well over a long-time horizon.

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On 22, March 2024, Village Farms International Applauds German Cannabis Progress. In a post published today on Yahoo Finance, Village Farms International, Inc. (“Village Farms”) (NASDAQ: VFF) today applauded the passing of legislation partially legalizing cannabis for personal use in Germany, beginning April 1, 2024. The new legislation will provide patients with greater access to high quality, legal products, which will be beneficial to further growth of the German medicinal cannabis market.

From an analyst’s perspective:

Village Farms International, Inc. [NASDAQ: VFF] stock has seen the most recent analyst activity on February 27, 2023, when Raymond James downgraded its rating to a Mkt Perform and also revised its price target to $2.50 from $11. Previously, Craig Hallum downgraded its rating to Hold on August 09, 2022. On May 11, 2022, downgrade downgraded it’s rating to Outperform. Stifel downgraded its rating to a Hold. Cantor Fitzgerald upgraded its rating to a Overweight and raised its price target to $12.75 on November 09, 2021. BMO Capital Markets started tracking with a Outperform rating for this stock on September 13, 2021, and assigned it a price target of $16. In a note dated March 10, 2021, Cantor Fitzgerald initiated an Neutral rating and provided a target price of $20 on this stock.

Village Farms International, Inc. experienced fluctuations in its stock price throughout the past year between $0.55 and $1.17. Currently, Wall Street analysts expect the stock to reach $6.15 within the next 12 months. Village Farms International, Inc. [NASDAQ: VFF] shares were valued at $1.03 at the most recent close of the market. An investor can expect a potential return of 497.09% based on the average VFF price forecast.

Analyzing the VFF fundamentals

Trailing Twelve Months sales for Village Farms International, Inc. [NASDAQ:VFF] were 285.60M which represents 6.80% growth. Gross Profit Margin for this corporation currently stands at -0.02% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.1 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.18.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9900 points at the first support level, and at 0.9500 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0500, and for the 2nd resistance point, it is at 1.0700.

Village Farms International, Inc. [VFF] reported earnings per share of -$0.08 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.02/share, meaning a difference of $-0.06 and a surprise factor of -300.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.01 per share as compared to estimates of -$0.04 per share, a difference of $0.03 representing a surprise of 75.00%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Village Farms International, Inc. [NASDAQ:VFF] is 2.10. Further, the Quick Ratio stands at 1.00, while the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 0.36.

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