After finishing at $1.31 in the prior trading day, Vertex Energy Inc (NASDAQ: VTNR) closed at $1.30, down -0.76%. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 1636606 shares were traded.
Ratios:
Our goal is to gain a better understanding of VTNR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 2.50 whereas as Long-Term Debt/Eq ratio is at 1.59.
On December 19, 2023, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $4.
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 Nov 10 ’23 when Stratton Christopher Allen sold 100,000 shares for $3.93 per share. The transaction valued at 392,600 led to the insider holds 88,405 shares of the business.
Rhame James Gary bought 4,000 shares of VTNR for $25,310 on May 12 ’23. The Chief Operating Officer now owns 14,648 shares after completing the transaction at $6.33 per share. On Apr 19 ’23, another insider, Cowart Benjamin P, who serves as the CEO and President of the company, sold 66,666 shares for $8.00 each. As a result, the insider received 533,328 and left with 5,450,608 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VTNR now has a Market Capitalization of 120.63M and an Enterprise Value of 394.11M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 0.12 whereas that against EBITDA is 35.26.
Stock Price History:
Over the past 52 weeks, VTNR has reached a high of $9.32, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is 1.4211, while the 200-Day Moving Average is calculated to be 3.6004.
Shares Statistics:
The stock has traded on average 2.54M shares per day over the past 3-months and 1.48M shares per day over the last 10 days, according to various share statistics. A total of 93.51M shares are outstanding, with a floating share count of 84.78M. Insiders hold about 9.34% of the company’s shares, while institutions hold 45.68% stake in the company. Shares short for VTNR as of Mar 15, 2024 were 17.65M with a Short Ratio of 6.96, compared to 18.11M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 18.88% and a Short% of Float of 23.01%.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of -$0.16 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.38, while EPS last year was $0.68. The consensus estimate for the next quarter is -$0.08, with high estimates of $0.15 and low estimates of -$0.34.
Analysts are recommending an EPS of between $0.37 and -$1.34 for the fiscal current year, implying an average EPS of -$0.51. EPS for the following year is -$0.53, with 4 analysts recommending between $0.29 and -$1.73.
Revenue Estimates
7 analysts predict $674.63M in revenue for the current quarter. It ranges from a high estimate of $793.7M to a low estimate of $599.2M. As of the current estimate, Vertex Energy Inc’s year-ago sales were $754.25M, an estimated decrease of -10.60% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $771.71M, an increase of 5.00% over than the figure of -$10.60% in the same quarter last year. There is a high estimate of $816.8M for the next quarter, whereas the lowest estimate is $720.3M.
A total of 7 analysts have provided revenue estimates for VTNR’s current fiscal year. The highest revenue estimate was $3.31B, while the lowest revenue estimate was $2.81B, resulting in an average revenue estimate of $3.06B. In the same quarter a year ago, actual revenue was $3.18B, down -3.70% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $3.34B in the next fiscal year. The high estimate is $3.53B and the low estimate is $3.16B. The average revenue growth estimate for next year is up 9.30% from the average revenue estimate for this year.
