Willamette Valley Vineyards (NASDAQ:WVVI) Releases Earnings Results

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

Willamette Valley Vineyards Trading Up 0.4%

Shares of WVVI traded up $0.01 during mid-day trading on Wednesday, hitting $2.66. The company had a trading volume of 195 shares, compared to its average volume of 4,970. The business’s 50-day simple moving average is $2.69 and its 200-day simple moving average is $3.09. The company has a quick ratio of 0.30, a current ratio of 3.12 and a debt-to-equity ratio of 0.63. Willamette Valley Vineyards has a 1-year low of $2.49 and a 1-year high of $7.18. The stock has a market cap of $13.19 million, a PE ratio of -3.86 and a beta of 0.32.

Hedge Funds Weigh In On Willamette Valley Vineyards

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

Analyst Upgrades and Downgrades

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

Willamette Valley Vineyards Company Profile

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.