As of close of business last night, Alto Ingredients Inc’s stock clocked out at $1.99, up 4.19% from its previous closing price of $1.91. In other words, the price has increased by $+0.0800 from its previous closing price. On the day, 540539 shares were traded.
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Ratios:
To gain a deeper understanding of ALTO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 2.59. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.36.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 01 ’23 when NATHAN GILBERT E bought 5,000 shares for $1.97 per share. The transaction valued at 9,850 led to the insider holds 583,909 shares of the business.
NATHAN GILBERT E bought 5,000 shares of ALTO for $9,950 on May 31 ’23. The Director now owns 578,909 shares after completing the transaction at $1.99 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, ALTO now has a Market Capitalization of 151.40M and an Enterprise Value of 226.84M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 0.19 whereas that against EBITDA is 87.35.
Stock Price History:
Over the past 52 weeks, ALTO has reached a high of $4.97, while it has fallen to a 52-week low of $1.20. The 50-Day Moving Average of the stock is 2.0338, while the 200-Day Moving Average is calculated to be 3.0315.
Shares Statistics:
It appears that ALTO traded 733.83K shares on average per day over the past three months and 519.68k shares per day over the past ten days. A total of 75.70M shares are outstanding, with a floating share count of 70.59M. Insiders hold about 2.39% of the company’s shares, while institutions hold 45.85% stake in the company. Shares short for ALTO as of Feb 29, 2024 were 1.25M with a Short Ratio of 2.09, compared to 1.62M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.65% and a Short% of Float of 1.72%.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.11 and a low estimate of -$0.18, while EPS last year was -$0.18. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.01 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.16 and -$0.26 for the fiscal current year, implying an average EPS of -$0.21. EPS for the following year is $0.26, with 2 analysts recommending between $0.36 and $0.17.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $217.28M. It ranges from a high estimate of $235M to a low estimate of $199.56M. As of the current estimate, Alto Ingredients Inc’s year-ago sales were $313.89M, an estimated decrease of -30.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $224.87M, a decrease of -29.10% over than the figure of -$30.80% in the same quarter last year. There is a high estimate of $237M for the next quarter, whereas the lowest estimate is $212.75M.
A total of 2 analysts have provided revenue estimates for ALTO’s current fiscal year. The highest revenue estimate was $985M, while the lowest revenue estimate was $931.82M, resulting in an average revenue estimate of $958.41M. In the same quarter a year ago, actual revenue was $1.22B, down -21.60% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.19B in the next fiscal year. The high estimate is $1.26B and the low estimate is $1.12B. The average revenue growth estimate for next year is up 23.90% from the average revenue estimate for this year.
