Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Alto Ingredients Inc (NASDAQ: ALTO) was $1.16 for the day, down -1.69% from the previous closing price of $1.18. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 0.12 million shares were traded. ALTO stock price reached its highest trading level at $1.185 during the session, while it also had its lowest trading level at $1.15.
Ratios:
Our analysis of ALTO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.94 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.59.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 13 ’24 when NATHAN GILBERT E bought 25,000 shares for $1.34 per share. The transaction valued at 33,475 led to the insider holds 700,575 shares of the business.
NATHAN GILBERT E bought 5,000 shares of ALTO for $6,625 on Nov 13 ’24. The Director now owns 31,200 shares after completing the transaction at $1.32 per share. On Nov 12 ’24, another insider, McGregor Bryon T, who serves as the President & CEO of the company, bought 37,000 shares for $1.36 each. As a result, the insider paid 50,424 and bolstered with 834,265 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, ALTO now has a Market Capitalization of 91109072 and an Enterprise Value of 194060832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 0.204 whereas that against EBITDA is 34.703.
Stock Price History:
The Beta on a monthly basis for ALTO is 1.32, which has changed by -0.1145038 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, ALTO has reached a high of $2.05, while it has fallen to a 52-week low of $0.76. The 50-Day Moving Average of the stock is 24.74%, while the 200-Day Moving Average is calculated to be -16.27%.
Shares Statistics:
ALTO traded an average of 471.08K shares per day over the past three months and 378810 shares per day over the past ten days. A total of 76.50M shares are outstanding, with a floating share count of 68.04M. Insiders hold about 11.87% of the company’s shares, while institutions hold 32.30% stake in the company. Shares short for ALTO as of 1748563200 were 866849 with a Short Ratio of 1.84, compared to 1745971200 on 962030. Therefore, it implies a Short% of Shares Outstanding of 866849 and a Short% of Float of 1.1900000000000002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
A comprehensive evaluation of Alto Ingredients Inc (ALTO) is underway, with the input of 2.0 analysts contributing to its current rating.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.02 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.27 and -$0.39 for the fiscal current year, implying an average EPS of -$0.33. EPS for the following year is $0.13, with 1.0 analysts recommending between $0.13 and $0.13.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $229M to a low estimate of $218.21M. As of the current estimate, Alto Ingredients Inc’s year-ago sales were $236.47MFor the next quarter, 2 analysts are estimating revenue of $238.27M. There is a high estimate of $238.64M for the next quarter, whereas the lowest estimate is $237.9M.
A total of 2 analysts have provided revenue estimates for ALTO’s current fiscal year. The highest revenue estimate was $937.57M, while the lowest revenue estimate was $919.7M, resulting in an average revenue estimate of $928.63M. In the same quarter a year ago, actual revenue was $965.26MBased on 1 analysts’ estimates, the company’s revenue will be $999.78M in the next fiscal year. The high estimate is $999.78M and the low estimate is $999.78M.
