Willamette Valley Vineyards (NASDAQ:WVVI) Releases Quarterly Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) released its quarterly earnings results on Wednesday. The company reported ($0.40) earnings per share (EPS) for the quarter, Zacks reports. Willamette Valley Vineyards had a negative return on equity of 3.30% and a negative net margin of 1.99%.

Willamette Valley Vineyards Stock Up 0.4%

NASDAQ:WVVI traded up $0.01 during mid-day trading on Wednesday, hitting $2.31. 2,637 shares of the company’s stock were exchanged, compared to its average volume of 5,613. Willamette Valley Vineyards has a one year low of $2.16 and a one year high of $5.10. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.45 and a quick ratio of 0.47. The business has a fifty day moving average price of $2.64 and a 200 day moving average price of $2.67. The company has a market cap of $11.52 million, a PE ratio of -3.79 and a beta of 0.20.

Institutional Trading of Willamette Valley Vineyards

Hedge funds have recently made changes to their positions in the stock. EP Wealth Advisors LLC purchased a new position in Willamette Valley Vineyards during the fourth quarter valued at $48,000. Susquehanna International Group LLP purchased a new stake in shares of Willamette Valley Vineyards in the third quarter worth $39,000. Finally, Raymond James Financial Inc. bought a new position in shares of Willamette Valley Vineyards during the second quarter valued at $41,000. 12.24% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Willamette Valley Vineyards in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Willamette Valley Vineyards currently has a consensus rating of “Sell”.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc (NASDAQ: WVVI) is an Oregon-based winery specializing in the cultivation, production and marketing of premium cool-climate wines. The company’s core business activities encompass estate vineyard management, winemaking, and direct-to-consumer sales through tasting rooms and wine clubs. Its portfolio features key varietals such as Pinot Noir, Pinot Gris, Chardonnay and Riesling, reflecting the unique terroir of the Willamette Valley American Viticultural Area (AVA).

Founded in 1983 by Jim Bernau, Willamette Valley Vineyards has grown from a small family operation into one of the leading publicly traded wineries in the United States.