In the latest session, Gevo Inc (NASDAQ: GEVO) closed at $0.75 down -1.83% from its previous closing price of $0.77. In other words, the price has decreased by -$0.0140 from its previous closing price. On the day, 3575630 shares were traded.
Ratios:
For a deeper understanding of Gevo Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 180.69M and an Enterprise Value of -47.48M. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.51 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at -2.76 whereas that against EBITDA is 1.05.
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 $0.60. The 50-Day Moving Average of the stock is 0.8138, while the 200-Day Moving Average is calculated to be 1.1645.
Shares Statistics:
For the past three months, GEVO has traded an average of 6.96M shares per day and 8.25M over the past ten days. 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 37.08% stake in the company. Shares short for GEVO as of Mar 15, 2024 were 31.74M with a Short Ratio of 4.56, compared to 30.52M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.20% and a Short% of Float of 17.36%.
Earnings Estimates
There are 1 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.07 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.07, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.07, with high estimates of -$0.07 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.3 and -$0.3 for the fiscal current year, implying an average EPS of -$0.3. EPS for the following year is -$0.51, with 1 analysts recommending between -$0.51 and -$0.51.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $4.27M this quarter.It ranges from a high estimate of $4.55M to a low estimate of $4M. As of the current estimate, Gevo Inc’s year-ago sales were $4.06M, an estimated increase of 5.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $4.26M, an increase of 0.50% less than the figure of $5.20% in the same quarter last year. There is a high estimate of $4.52M 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 $19M, resulting in an average revenue estimate of $19.87M. In the same quarter a year ago, actual revenue was $17.2M, up 15.50% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $29.66M in the next fiscal year. The high estimate is $35.32M and the low estimate is $24M. The average revenue growth estimate for next year is up 49.30% from the average revenue estimate for this year.
