After finishing at $3.36 in the prior trading day, Aemetis Inc (NASDAQ: AMTX) closed at $3.21, down -4.46%. In other words, the price has decreased by -$0.1500 from its previous closing price. On the day, 519557 shares were traded. AMTX stock price reached its highest trading level at $3.4700 during the session, while it also had its lowest trading level at $3.1800.
Ratios:
Our goal is to gain a better understanding of AMTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on August 16, 2023, Upgraded its rating to Buy and sets its target price to $10.50 from $2.50 previously.
On February 28, 2023, Piper Sandler started tracking the stock assigning a Underweight rating and target price of $3.
On December 14, 2022, UBS started tracking the stock assigning a Neutral rating and target price of $4.25.UBS initiated its Neutral rating on December 14, 2022, with a $4.25 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 12 ’23 when Boness Naomi Louise sold 15,000 shares for $5.65 per share. The transaction valued at 84,694 led to the insider holds 16,441 shares of the business.
BLOCK JOHN R sold 19,205 shares of AMTX for $121,013 on Jun 16 ’23. The Director now owns 27,169 shares after completing the transaction at $6.30 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMTX now has a Market Capitalization of 132.94M and an Enterprise Value of 417.85M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68. Its current Enterprise Value per Revenue stands at 2.29 whereas that against EBITDA is -11.86.
Stock Price History:
Over the past 52 weeks, AMTX has reached a high of $8.99, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 3.7725, while the 200-Day Moving Average is calculated to be 5.0692.
Shares Statistics:
The stock has traded on average 534.50K shares per day over the past 3-months and 431.33k shares per day over the last 10 days, according to various share statistics. A total of 35.87M shares are outstanding, with a floating share count of 35.42M. Insiders hold about 10.34% of the company’s shares, while institutions hold 26.99% stake in the company. Shares short for AMTX as of Feb 15, 2024 were 5.56M with a Short Ratio of 10.40, compared to 5.49M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 14.07% and a Short% of Float of 15.49%.
Earnings Estimates
Its stock is currently analyzed by 7 different market analysts. On average, analysts expect EPS of -$0.39 for the current quarter, with a high estimate of -$0.24 and a low estimate of -$0.65, while EPS last year was -$0.73. The consensus estimate for the next quarter is -$0.3, with high estimates of -$0.11 and low estimates of -$0.54.
Analysts are recommending an EPS of between -$0.48 and -$1.93 for the fiscal current year, implying an average EPS of -$1.2. EPS for the following year is -$0.03, with 5 analysts recommending between $1.04 and -$0.63.
Revenue Estimates
6 analysts predict $77.17M in revenue for the current quarter. It ranges from a high estimate of $93.19M to a low estimate of $61.66M. As of the current estimate, Aemetis Inc’s year-ago sales were $59.53M, an estimated increase of 29.60% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $87.21M, an increase of 93.30% over than the figure of $29.60% in the same quarter last year. There is a high estimate of $103.24M for the next quarter, whereas the lowest estimate is $69.51M.
A total of 6 analysts have provided revenue estimates for AMTX’s current fiscal year. The highest revenue estimate was $411.5M, while the lowest revenue estimate was $281.2M, resulting in an average revenue estimate of $364.85M. In the same quarter a year ago, actual revenue was $186.72M, up 95.40% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $560.41M in the next fiscal year. The high estimate is $629.8M and the low estimate is $455.07M. The average revenue growth estimate for next year is up 53.60% from the average revenue estimate for this year.
