Stock Market Recap: Vertex Energy Inc (VTNR) Concludes at 0.70, a 3.80 Surge/Decline

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After finishing at $0.67 in the prior trading day, Vertex Energy Inc (NASDAQ: VTNR) closed at $0.70, up 3.80%. In other words, the price has increased by $3.80 from its previous closing price. On the day, 2.6 million shares were traded. VTNR stock price reached its highest trading level at $0.6979 during the session, while it also had its lowest trading level at $0.6208.

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 0.43 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 2.82 whereas as Long-Term Debt/Eq ratio is at 1.72.

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 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.

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 65132712 and an Enterprise Value of 512563744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 0.161 whereas that against EBITDA is -21.548.

Stock Price History:

The Beta on a monthly basis for VTNR is 1.45, which has changed by -0.895188 over the last 52 weeks, in comparison to a change of 0.26253593 over the same period for the S&P500. Over the past 52 weeks, VTNR has reached a high of $6.82, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is -38.18%, while the 200-Day Moving Average is calculated to be -70.25%.

Shares Statistics:

The stock has traded on average 2.52M shares per day over the past 3-months and 4073750 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 85.22M. Insiders hold about 8.87% of the company’s shares, while institutions hold 34.35% stake in the company. Shares short for VTNR as of 1718323200 were 18473328 with a Short Ratio of 7.33, compared to 1715731200 on 18433929. Therefore, it implies a Short% of Shares Outstanding of 18473328 and a Short% of Float of 21.530001000000002.

Earnings Estimates

The company has 5.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.16 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.27, while EPS last year was -$1.03. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.05 and low estimates of -$0.13.

Analysts are recommending an EPS of between -$0.4 and -$0.68 for the fiscal current year, implying an average EPS of -$0.57. EPS for the following year is -$0.17, with 3.0 analysts recommending between $0.1 and -$0.61.

Revenue Estimates

5 analysts predict $723.73M in revenue for the current quarter. It ranges from a high estimate of $737.28M to a low estimate of $713.4M. As of the current estimate, Vertex Energy Inc’s year-ago sales were $734.89MFor the next quarter, 5 analysts are estimating revenue of $723.3M. There is a high estimate of $789.4M for the next quarter, whereas the lowest estimate is $688.6M.

A total of 5 analysts have provided revenue estimates for VTNR’s current fiscal year. The highest revenue estimate was $2.88B, while the lowest revenue estimate was $2.79B, resulting in an average revenue estimate of $2.82B. In the same quarter a year ago, actual revenue was $3.18BBased on 3 analysts’ estimates, the company’s revenue will be $2.65B in the next fiscal year. The high estimate is $2.78B and the low estimate is $2.57B.

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