12 Month Price Forecast For AFRI
Distance to AFRI Price Forecasts
AFRI Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 2:04 AM UTC
AFRI Analyst Ratings & Price Targets
Currently, there are no Wall Street analyst price targets or forecasts available for AFRI (Forafric Global).
AFRI is currently trading at $9.80. Without active analyst coverage, investors should conduct thorough independent research and consider multiple data points beyond price targets when evaluating this stock for their portfolio.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
AFRI Analyst Consensus
AFRI Price Target Range
Latest AFRI Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for AFRI.
Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to Forafric Global based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Forafric Global PLC (AFRI) Financial Data
Forafric Global PLC has a market capitalization of $271.48M with a P/E ratio of 0.0x. The company generates $305.48M in trailing twelve-month revenue with a -4.2% profit margin.
Revenue growth is +18.6% quarter-over-quarter, while maintaining an operating margin of +1.6% and return on equity of -33.7%.
Valuation Metrics
Growth & Margins
Financial Health
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Forafric Global PLC (AFRI) Company Overview
About Forafric Global PLC
Processes and sells agricultural commodities globally.
Forafric Global PLC operates by purchasing, storing, transporting, and processing agricultural commodities, primarily focusing on wheat products. The company generates revenue through the sale of wheat flours, semolina, and secondary products like pasta and couscous, catering to wholesale food manufacturers and distributors, as well as exporting to around 45 countries.
Founded in 1926, Forafric Global PLC is headquartered in Gibraltar, and it has a significant presence in Morocco, Burkina, Mali, and Angola, which positions it well within the agricultural supply chain.
Company Information
Sector
Consumer Defensive
Industry
Farm Products
Employees
600
CEO
Country
Gibraltar
IPO Year
2021
Website
forafric.comForafric Global PLC (AFRI) Latest News & Analysis
Forafric Announces Nasdaq Compliance Status
2 days agoForafric Global PLC (Nasdaq: AFRI) received notice from Nasdaq for non-compliance with Listing Rule 5250(c)(2) due to failure to file its Six Month Report by December 31, 2024.
Forafric Global PLC's non-compliance with Nasdaq listing rules raises concerns about its financial transparency, potentially impacting investor confidence and stock performance.
Forafric Global PLC has secured a 10-year renewable lease for a milling facility in Morocco, enhancing its milling capabilities and supporting future growth.
Forafric's new 10-year lease for a milling facility enhances its operational capacity, signaling growth potential and improved revenue prospects, which could positively influence its stock performance.
Forafric Provides Business Update
1 year agoForafric Global PLC (Nasdaq: AFRI) reported a record high of over 443,000 MT of soft wheat processed in Morocco for 2023 and completed a 90% acquisition of SIMS, a milling company.
Forafric's record crushing volume and strategic acquisition enhance its market position and growth potential, signaling strong operational performance that may attract investor interest.
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Forafric Acquires SIMS mill in Marrakesh Increasing Crushing Capacity to More Than 300 Tons per Day
1 year agoForafric Global PLC (Nasdaq: AFRI) has acquired 90% of Sociรฉtรฉ Industrielle de Minoterie du Sud to enhance its crushing capacity in Morocco by over 300 tons per day within two years.
Forafric's acquisition of SIMS enhances its capacity and market position in the wheat milling sector, signaling growth potential and increased revenue streams for investors.
Forafric Global PLC (Nasdaq: AFRI) reported record high crushing volumes in H1 2022, processing over 276,000 MT of soft wheat in Morocco. The company maintains 2.5 to 3 months of inventory.
Forafric's record crushing volume and secured wheat supply indicate strong operational efficiency and resilience, potentially boosting profitability and market confidence.
Frequently Asked Questions About AFRI Stock
What is Forafric Global PLC's (AFRI) stock forecast for 2025?
Analyst forecasts for Forafric Global PLC (AFRI) are not currently available. The stock is trading at $9.80.
Is AFRI stock a good investment in 2025?
Analyst ratings for AFRI are not currently available. The stock is currently trading at $9.80. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for AFRI stock?
Price predictions from Wall Street analysts for AFRI are not currently available. The stock is trading at $9.80.
What is Forafric Global PLC's business model?
Forafric Global PLC operates by purchasing, storing, transporting, and processing agricultural commodities, primarily focusing on wheat products. The company generates revenue through the sale of wheat flours, semolina, and secondary products like pasta and couscous, catering to wholesale food manufacturers and distributors, as well as exporting to around 45 countries.
What is the highest forecasted price for AFRI Forafric Global PLC?
Price targets from Wall Street analysts for AFRI are not currently available. The stock is trading at $9.80.
What is the lowest forecasted price for AFRI Forafric Global PLC?
Price targets from Wall Street analysts for AFRI are not currently available. The stock is trading at $9.80.
What is the overall AFRI consensus from analysts for Forafric Global PLC?
Analyst ratings for AFRI are not currently available. The stock is trading at $9.80.
How accurate are AFRI stock price projections?
Stock price projections, including those for Forafric Global PLC, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.