Willamette Valley Vineyards (NASDAQ:WVVI) Posts Earnings Results

Willamette Valley Vineyards (NASDAQ:WVVI) released its earnings results on Tuesday. The company reported $0.05 earnings per share for the quarter, Zacks reports. Willamette Valley Vineyards had a negative net margin of 4.82% and a negative return on equity of 7.41%. The business had revenue of $11.11 million during the quarter.

Willamette Valley Vineyards Price Performance

NASDAQ:WVVI traded up $0.15 on Wednesday, reaching $2.66. The stock had a trading volume of 2,696 shares, compared to its average volume of 4,886. The company has a quick ratio of 0.30, a current ratio of 3.12 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $13.19 million, a P/E ratio of -3.86 and a beta of 0.32. Willamette Valley Vineyards has a 1-year low of $2.49 and a 1-year high of $7.18. The stock has a fifty day moving average price of $2.69 and a 200-day moving average price of $3.09.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Susquehanna International Group LLP acquired a new position in shares of Willamette Valley Vineyards in the 3rd quarter worth approximately $39,000. Raymond James Financial Inc. acquired a new stake in Willamette Valley Vineyards during the 2nd quarter valued at $41,000. Finally, EP Wealth Advisors LLC bought a new position in Willamette Valley Vineyards in the 4th quarter valued at $48,000. Institutional investors own 12.24% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Willamette Valley Vineyards in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Willamette Valley Vineyards 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.