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The price of Vertex Energy Inc (NASDAQ: VTNR) closed at $1.68 in the last session, up 8.39% from day before closing price of $1.55. In other words, the price has increased by $8.39 from its previous closing price. On the day, 3.15 million shares were traded. VTNR stock price reached its highest trading level at $1.75 during the session, while it also had its lowest trading level at $1.505.
Ratios:
We take a closer look at VTNR’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 10 ’24 when Khoury Odeh sold 2,250 shares for $1.16 per share. The transaction valued at 2,610 led to the insider holds 17,784 shares of the business.
Stratton Christopher Allen sold 100,000 shares of VTNR for $392,600 on Nov 10 ’23. The Director now owns 88,405 shares after completing the transaction at $3.93 per share. On May 12 ’23, another insider, Rhame James Gary, who serves as the Chief Operating Officer of the company, bought 4,000 shares for $6.33 each. As a result, the insider paid 25,310 and bolstered with 14,648 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 157104032 and an Enterprise Value of 563557248. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.177 whereas that against EBITDA is 220.916.
Stock Price History:
Over the past 52 weeks, VTNR has reached a high of $8.17, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is 23.18%, while the 200-Day Moving Average is calculated to be -49.78%.
Shares Statistics:
According to the various share statistics, VTNR traded on average about 2.62M shares per day over the past 3-months and 3906850 shares per day over the past 10 days. 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 45.74% stake in the company. Shares short for VTNR as of 1711584000 were 17480572 with a Short Ratio of 6.68, compared to 1709164800 on 18073840. Therefore, it implies a Short% of Shares Outstanding of 17480572 and a Short% of Float of 22.780001.
Earnings Estimates
The stock of Vertex Energy Inc (VTNR) is currently drawing attention from 6.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of -$0.15 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.35, while EPS last year was $0.68. The consensus estimate for the next quarter is -$0.09, with high estimates of $0.16 and low estimates of -$0.34.
Analysts are recommending an EPS of between $0.46 and -$1.31 for the fiscal current year, implying an average EPS of -$0.47. EPS for the following year is -$0.34, with 4.0 analysts recommending between $0.59 and -$1.28.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $690.82M. It ranges from a high estimate of $793.7M to a low estimate of $608.5M. As of the current estimate, Vertex Energy Inc’s year-ago sales were $754.25MFor the next quarter, 7 analysts are estimating revenue of $788.11M. There is a high estimate of $900.5M 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 $3.55B, while the lowest revenue estimate was $2.84B, resulting in an average revenue estimate of $3.13B. In the same quarter a year ago, actual revenue was $3.18BBased on 4 analysts’ estimates, the company’s revenue will be $3.43B in the next fiscal year. The high estimate is $3.78B and the low estimate is $3.16B.
