After finishing at $0.66 in the prior trading day, Gevo Inc (NASDAQ: GEVO) closed at $0.67, up 2.30%. In other words, the price has increased by $+0.0151 from its previous closing price. On the day, 8341654 shares were traded. GEVO stock price reached its highest trading level at $0.6993 during the session, while it also had its lowest trading level at $0.6408.
Ratios:
Our goal is to gain a better understanding of GEVO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.18 and its Current Ratio is at 4.23. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 this company, Northland Capital on August 21, 2023, initiated with a Market Perform rating and assigned the stock a target price of $2.
On December 14, 2022, UBS started tracking the stock assigning a Neutral rating and target price of $2.25.
On October 19, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $2.30.Jefferies initiated its Hold rating on October 19, 2022, with a $2.30 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 Dec 26 ’23 when Shafer Andrew sold 24,978 shares for $1.23 per share. The transaction valued at 30,723 led to the insider holds 156,841 shares of the business.
Nurmat Alisher K sold 586 shares of GEVO for $627 on Dec 12 ’23. The VP Accounting and Treasurer now owns 104,919 shares after completing the transaction at $1.07 per share. On Aug 23 ’23, another insider, Gruber Patrick R., who serves as the Chief Executive Officer of the company, sold 171,549 shares for $1.38 each. As a result, the insider received 236,395 and left with 2,963,646 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, GEVO now has a Market Capitalization of 161.45M and an Enterprise Value of -66.72M. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.39 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at -3.88 whereas that against EBITDA is 1.48.
Stock Price History:
Over the past 52 weeks, GEVO has reached a high of $1.86, while it has fallen to a 52-week low of $0.62. The 50-Day Moving Average of the stock is 0.8932, while the 200-Day Moving Average is calculated to be 1.2207.
Shares Statistics:
The stock has traded on average 6.49M shares per day over the past 3-months and 6.73M shares per day over the last 10 days, according to various share statistics. A total of 240.50M shares are outstanding, with a floating share count of 230.97M. Insiders hold about 3.96% of the company’s shares, while institutions hold 37.09% stake in the company. Shares short for GEVO as of Feb 29, 2024 were 28.89M with a Short Ratio of 4.45, compared to 29.44M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 12.01% and a Short% of Float of 15.81%.
Earnings Estimates
Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.08, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.06 and low estimates of -$0.11.
Analysts are recommending an EPS of between -$0.22 and -$0.39 for the fiscal current year, implying an average EPS of -$0.3. EPS for the following year is -$0.38, with 4 analysts recommending between -$0.25 and -$0.51.
Revenue Estimates
4 analysts predict $4.55M in revenue for the current quarter. It ranges from a high estimate of $5.01M to a low estimate of $4M. As of the current estimate, Gevo Inc’s year-ago sales were $4.06M, an estimated increase of 12.10% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $4.57M, an increase of 7.80% less than the figure of $12.10% in the same quarter last year. There is a high estimate of $5.01M for the next quarter, whereas the lowest estimate is $4M.
A total of 3 analysts have provided revenue estimates for GEVO’s current fiscal year. The highest revenue estimate was $20.75M, while the lowest revenue estimate was $18M, resulting in an average revenue estimate of $19.54M. In the same quarter a year ago, actual revenue was $17.2M, up 13.60% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $28.58M in the next fiscal year. The high estimate is $35.32M and the low estimate is $22M. The average revenue growth estimate for next year is up 46.30% from the average revenue estimate for this year.
