Analysts’ expectations for Sow Good Inc (SOWG) stock: $23 price target in 12 months

At the time of writing, Sow Good Inc [SOWG] stock is trading at $1.55, up 17.42%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SOWG shares have gain 92.24% over the last week, with a monthly amount glided 89.49%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Sow Good Inc [NASDAQ: SOWG] stock has seen the most recent analyst activity on November 15, 2024, when ROTH MKM downgraded its rating to a Neutral and also revised its price target to $4 from $17. Previously, Craig Hallum downgraded its rating to Hold on November 15, 2024, and kept the price target unchanged to $4.50. On May 10, 2024, ROTH MKM initiated with a Buy rating and assigned a price target of $15 on the stock. Craig Hallum started tracking the stock assigning a Buy rating and suggested a price target of $20 on May 10, 2024.

For the past year, the stock price of Sow Good Inc fluctuated between $0.52 and $20.69. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Sow Good Inc [NASDAQ: SOWG] shares were valued at $1.55 at the most recent close of the market. An investor can expect a potential return of 1383.87% based on the average SOWG price forecast.

Analyzing the SOWG fundamentals

According to Sow Good Inc [NASDAQ:SOWG], the company’s sales were 23.06M for trailing twelve months, which represents an -78.28% plunge. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.21 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.65.

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 1.2667 points at the first support level, and at 0.9833 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9767, and for the 2nd resistance point, it is at 2.4033.

Ratios To Look Out For

It is important to note that Sow Good Inc [NASDAQ:SOWG] has a current ratio of 3.65. In addition, the Quick Ratio stands at 0.50 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 0.57.

Transactions by insiders

Recent insider trading involved Goldfarb Ira, Executive Chairman, that happened on Dec 31 ’24 when 12374.0 shares were purchased. CEO, Goldfarb Claudia completed a deal on Dec 31 ’24 to buy 12374.0 shares.

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